HAIKOU, China, Feb. 10, 2022 /PRNewswire/ -- JX Luxventure
Limited (NASDAQ: LLL) (the "Company"), a company engaged in casual
menswear, cross-border merchandise, airfare and tourism
business, announced today that, on February 9, 2020, Jin Xuan Luxury Tourism
(Hainan) Digital Technology Co.,
Ltd. ("JX Hainan"), a subsidiary of the Company, entered into
and executed a Memorandum of Japanese High-end Life Style Services
Strategic Cooperation Agreement (the "Agreement") with Xin Hua
Fund Co., Ltd. ("XHFC"). Pursuant to the Agreement, JX Hainan and
XHFC will cooperate to bring high-end Japanese medical treatment,
rehabilitation treatment, precision physical examination,
anti-aging beauty and other related services to the China market.
Ms. Sun "Ice" Lei, Chief Executive Officer of the Company
commented: "After a record setting revenue year of 2021, we are now
focusing on second stage of our expansion strategy, which is
continuing delivering stellar revenue growth and at the same time,
increasing profit margin. The cooperation under this Agreement not
only allows our company to bring high-end leading Japanese medical
and beauty care services to the China market, at the same time, allows our
company to enter into a very high profit margin business with huge
growth potential. This new line of business integrate nicely into
our business segments, and it will further cement Luxventure as a
brand for delivering high-end luxury experience."
About JX Luxventure Limited
Headquartered in Haikou, China,
JX Luxventure Limited is a service provider delivering
comprehensive solutions for global elite families. Its business
segments cover menswear, cross-border merchandise, airfare and
tourism. To learn more about the Company, please visit its
corporate website at en.jxluxventure.com.
Safe Harbor Statement
This press release may contain certain "forward-looking
statements" relating to the business of KBS Fashion Group Limited,
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 Limited