Business
JX Luxventure Signs Blockbuster USD20,000,0000 Strategic Annual Cooperation Agreement
HAIKOU, China, Jan. 15, 2025 /PRNewswire/ -- JX Luxventure Group Inc. (Nasdaq: JXG) (the "Company"), a technology company engages in integrated tourism
About this update from Jx Luxventure Group Inc.
[{"type":"text","content":"HAIKOU, China, Jan. 15, 2025 /PRNewswire/ -- JX Luxventure Group Inc. (Nasdaq: JXG) (the \"Company\"), a technology company engages in integrated tourism services, including tourism, duty-free cross-border goods, and comprehensive e-commerce technology solutions, today announced that, on January 13, 2025, Jinxuan (Hainan) Holding Group Co., Ltd. (\"JX Hainan\"), a subsidiary of the Company, entered into and executed a 2025 Strategic Annual Cooperation Agreement (the \"Agreement\") with Hainan Cross-border E-Commerce Association (\"HCEA\"). We anticipate that this Agreement will start a long-term strategic partnership collaboration between the parties, and that HCEA will meet its target of selling US$20,000,000 worth of cross-borders products within one year, as stated in the Agreement.\n\nMs. Sun \"Ice\" Lei, Chief Executive Officer of the Company, commented: \"Hainan Free Trade Port has created remarkable opportunities for the cross-border e-commerce industry. We believe that this $20 million procurement order marks just the beginning for the Company to implement such an opportunity. Through technological innovation, resource integration, and compliance support, we will empower more small and medium-sized enterprises to access global markets, achieve sustainable growth, and bring new energy to the global trade ecosystem.\"\nAbout JX Luxventure Group Inc.\nHeadquartered in Haikou, China, JX Luxventure Group Inc. is a technology company engages in integrated tourism services, including tourism, duty-free cross-border goods, and comprehensive e-commerce technology solutions. To learn more about the Company, please visit its corporate website at https://www.jxluxventure.com/en/. \nSafe Harbor Statement\nThis press release may contain certain \"forward-looking statements\" relating to the business of JX Luxventure Group Inc., and its subsidiary companies. All statements, other than statements of historical fact included herein, are \"forward-looking statements\" in nature within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements, often identified by the use of forward-looking terminology such as \"believes,\" \"expects\" or similar expressions, involve known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in these forward-looking st...