A total amount of USD100,000,000 major contracts signed in
2022
HAIKOU,
China, May 24, 2022 /PRNewswire/ -- JX Luxventure
Limited (Nasdaq: LLL) (the "Company"), a company delivering
comprehensive products solutions to global elite families serviced
by our business customers with business segments covering menswear,
cross-border merchandise and tourism, announced today that, on
May 21, 2022, Beijing Heyang
International Travel Service Co., Ltd. ("Beijing HITC"), a
subsidiary of the Company, entered into and executed a Group
Airline Ticket Framework Agreement (the "Agreement")
with Tianjin China Travel International Travel Service Co.,
Ltd. ("Tianjin CTITC"). Pursuant to the Agreement,
Tianjin CTITC will purchase from Beijing HITC airline tickets in
the amount of up to USD10,000,000.
Ms. Sun "Ice" Lei, Chief Executive Officer of the Company,
commented: "The execution of the Agreement, together with the
recent two agreements signed in March and April of 2022 by the
Company, shows that the Company and its subsidiaries secured up to
USD100,000,000 in orders pursuant to
these agreements. This will put the Company on pace to have another
stellar year of revenue growth for 2022."
About JX Luxventure Limited
Headquartered in Haikou, China, JX Luxventure
Limited is a company delivering comprehensive products
solutions to global elite families serviced by our business
customers with business segments covering menswear, cross-border
merchandise 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