JX Luxventure Group Inc. (JXG) reports that its board of directors and a majority of its voting shareholders approved Amendment #1 to the company’s 2026 Equity Incentive Plan on September 21, 2026. The amendment increases the maximum number of common shares reserved for issuance under the plan from 4,500,000 to 9,300,000 shares.
Approval was provided by holders of 7,554,888 common shares together with the holder of all Series A, C and D Convertible Preferred Stock, voting on an as-converted basis, representing approximately 63% of the company’s issued and outstanding capital stock entitled to vote.
JX Luxventure Group Inc. completed a share exchange in which it acquired 10% of Dazzly Investment, Inc. in return for newly issued stock. On May 20, 2026 the company obtained 3,500 Seller shares, equal to 10% of Dazzly’s capital, and issued 2,783,046 shares of its common stock to the Seller’s shareholders, with each receiving 397,578 shares. After this all-stock transaction, JX Luxventure has 12,059,877 common shares issued and outstanding. The shares were issued in a private placement relying on exemptions from registration under Section 4(a)(2) of the Securities Act and/or Regulation S.
JX Luxventure Group Inc., a wholesale trade company focused on duty-free and cross-border consumer goods, reported strong growth for the fiscal year ended December 31, 2025. The company said full-year revenue surged 66% to $83.0 million, reflecting rapid expansion in its target markets.
Management highlighted that its proprietary B2B technology solutions more than doubled in revenue, positioning digital platforms as a second growth engine alongside the core wholesale business. The company described 2025 as the successful first phase of a three-year strategic roadmap aimed at supporting further expansion and operational scale.
JX Luxventure Group Inc., a Marshall Islands holding company with operations mainly in China and Hong Kong, files its annual Form 20‑F outlining business structure and risks. Shareholders hold the offshore parent, not direct equity in PRC subsidiaries, which exposes them to unique regulatory and enforcement uncertainties in China.
The report highlights extensive risks from PRC oversight, potential changes to foreign investment, cybersecurity and data rules, HFCAA/AHFCAA-related audit inspection issues, and possible limits on moving cash out of China. It also discloses heavy customer concentration, intense competition in cross‑border merchandise and tourism, technology and cybersecurity vulnerabilities, and multiple reverse stock splits that have reshaped the share count.
JX Luxventure Group Inc. director and CEO Sun Lei recorded a restructuring transaction involving company debt and equity. Sun Lei received 2,100,000 shares of common stock at $2.986 per share in exchange for cancelling $6,270,600 of loans previously made to the company. This converts part of the company’s outstanding loan balance owed to Sun Lei into equity rather than cash repayment. After this transaction, Sun Lei directly holds 2,595,123 common shares, aligning a larger portion of the executive’s position with the company’s stock performance.
JX Luxventure Group Inc. director Yin Tiange filed an initial Form 3, which is a required statement of beneficial ownership when becoming an insider. The filing reports no buy, sell, or other share transactions and shows no derivative positions or holdings entries at this time.
JX Luxventure Group Inc. director Mu Ruifeng filed an initial ownership report on Form 3. The filing shows direct ownership of 35,167 shares of Common Stock, par value $0.0001 per share. This is a baseline disclosure of existing holdings and does not report any new buy or sell transactions.
JX Luxventure Group Inc. director Jin Yan filed an initial Form 3 reporting beneficial ownership of 35,167 shares of the company's common stock. This filing simply records Jin Yan's direct holdings and does not indicate any recent share purchases or sales.
JX Luxventure Group Inc. agreed to acquire a 10% stake in Dazzly Investment, Inc., a B2B pharmaceutical distributor in Hong Kong’s supply chain. In exchange, JX Luxventure will issue an aggregate of 2,783,046 shares of its common stock to Dazzly’s shareholders on a pro rata basis.
The deal will close after customary conditions are met, including accurate representations, compliance with pre-closing obligations, and submission of a Listing of Additional Shares notification to Nasdaq at least 15 days before issuing the new shares. Boards of both companies and a majority of JX Luxventure shareholders have approved the terms as fair and in the best interests of the company.
JX Luxventure Group Inc. shareholder Sun Lei has updated his ownership disclosure in Amendment No. 7 to Schedule 13D. He now beneficially owns 2,600,523 shares of common stock, representing 29.02% of the company’s 9,276,831 shares outstanding as of April 10, 2026.
The position includes common shares held directly and through Happy Brilliance Limited, plus shares issuable from Series A, C and D preferred stock. A key change is a debt-for-equity swap: on April 10, 2026, the issuer issued 2,100,000 common shares to Sun Lei at $2.986 per share in exchange for cancellation of $6,270,600 of debt owed to him under a March 26, 2026 debt exchange agreement. All share figures reflect several prior reverse stock splits.