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.
Ms. 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."
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