HAIKOU, China, March 22, 2022 /PRNewswire/ -- JX Luxventure
Limited (Nasdaq: LLL) (the "Company"), a service provider
delivering comprehensive solutions to global elite families with
business segments covering menswear, cross-border merchandise,
airfare and tourism, announced today that, on March 21, 2022, Jin Xuan Luxury Tourism
(Hainan) Digital Technology Co.,
Ltd. ("JX Hainan"), a subsidiary of the Company, entered
into and executed a Framework Agreement on Strategic
Cooperation (the "Agreement") with Chongqing E-Pet Technology Co., Ltd.
("Chongqing E-Pet"), one of the major operators of online
cross-border pet food shopping platform in China. Pursuant to the Agreement, Chongqing
E-Pet will purchase from JX Hainan cross-border pet foods in the
amount up to USD60,000,000 to be
distributed on the platforms operated by Chongqing
E-Pet.
Ms. Sun "Ice" Lei, Chief Executive Officer of the Company
commented: "This cooperation shows the ever-growing demand for
the cross-border pet foods in China and opens a new category of cross border
goods for JX Luxventure. After a stellar year of revenue growth of
2021, this agreement puts JX Luxventure on pace to have another one
for 2022."
About JX Luxventure Limited
Headquartered in Haikou, China,
JX Luxventure Limited is a service provider delivering
comprehensive solutions to 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 JX Luxventure 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