JX Luxventure Announces the Transformative $15,000,000 Cooperation Agreement

Rhea-AI Summary

JX Luxventure Group (NASDAQ:JXG) has secured a significant strategic cooperation agreement through its subsidiary JX Hainan with Qingxiang (Hainan) Cross-Border E-Commerce Co. (HCBEC). The agreement, signed on July 27, 2025, includes a minimum purchase commitment of $15 million for cross-border products including duty-free skincare, health supplements, and lifestyle goods.

The partnership aims to leverage Hainan's Free Trade Port policies to enhance supply chain efficiency and expand market presence. CEO Sun "Ice" Lei emphasized the company's strategic position in connecting global brands with China's growing duty-free market through their integrated logistics, compliance expertise, and technology platform.

HAIKOU, China, July 29, 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 July 27, 2025, Jin Xuan (Hainan) Holding Group Co., Ltd. ("JX Hainan"), a subsidiary of the Company, entered into a 2025 Strategic Cooperation Framework Agreement (the "Agreement") with  Qingxiang (Hainan) Cross-Border E-Commerce Co., Ltd. ("HCBEC"). 

Under the Agreement, HCBEC commits to purchasing of not less than $15,000,000 in cross-border products supplied by JX Hainan, encompassing duty-free skincare, health supplements, and lifestyle goods. This partnership leverages Hainan's Free Trade Port policies to strengthen supply chain efficiency and market expansion.

Ms. Sun "Ice" Lei, Chief Executive Officer of JX Luxventure Group, commented:
"This strategic cooperation with HCBEC 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 China's booming duty-free market. With Hainan's progressive trade policies driving demand, we are well-positioned to capitalize on this procurement commitment. Our integrated logistics, compliance expertise, and technology platform will ensure seamless execution, delivering value to both partners and consumers."

About JX Luxventure Group Inc.

Headquartered 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/.

Safe Harbor Statement

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.

FAQ

What is the value of JX Luxventure's (JXG) new cooperation agreement with HCBEC?

The agreement includes a minimum purchase commitment of $15 million for cross-border products from JX Luxventure's subsidiary JX Hainan.

What types of products are included in JX Luxventure's (JXG) agreement with HCBEC?

The agreement covers duty-free skincare, health supplements, and lifestyle goods to be supplied through JX Hainan.

When was the JX Luxventure (JXG) strategic cooperation agreement signed?

The agreement was signed on July 27, 2025 between JX Hainan and Qingxiang (Hainan) Cross-Border E-Commerce Co.

How will the Hainan Free Trade Port policies benefit JX Luxventure (JXG)?

The policies will help JX Luxventure strengthen supply chain efficiency and expand market presence in China's duty-free market.

What is JX Luxventure's (JXG) role in the cross-border e-commerce market?

JX Luxventure provides integrated logistics, compliance expertise, and technology platform solutions to connect global brands with China's duty-free market.