JX Luxventure Announces $5,000,000 Exclusive Software Equipment Sales and Development Agreement
Rhea-AI Summary
JX Luxventure (NASDAQ:JXG) has secured a significant $5 million exclusive software equipment sales and development agreement with Beijing Shuhangtong Information Technology Co. The deal, signed through its subsidiary JX Hainan, includes the provision of AI intelligent cross-border pharmacy equipment, ERP management systems, and SBBC store distribution systems.
The agreement encompasses customized equipment sales, system development, and a three-year maintenance service package. This strategic partnership aims to leverage Hainan's Free Trade Port policies to enhance supply chain efficiency and expand market presence in the duty-free cross-border pharmaceutical and consumer goods distribution sector.
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Under the Agreement, BSITC commits to purchasing customized AI intelligent cross-border pharmacy equipment, ERP comprehensive management systems, and SBBC store distribution systems, along with associated secondary development, specialized technical research, and three-year maintenance services, for up to approximately
"This strategic cooperation with BSITC underscores our leadership in cross-border e-commerce and duty-free supply chain solutions and marks a key milestone in our mission to bridge global brands with
About JX Luxventure Group Inc.
Headquartered in Haikou,
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This 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 statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on its website (http://www.sec.gov). All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.
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SOURCE JX Luxventure Group INC.