Company: JXG
Filing Date: 2025-05-15
Form Type: 20-F
Source: 0001213900-25-043744
Chunk: 59

Company: JX Luxventure Group Inc.
Filing Date: 2025-05-15
Form: 20-F
Item: Item 3
Chunk 59
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 to assist in the filing under SAT Bulletin 7 and/or SAT Bulletin 37. As a result, we may be required to expend valuable resources
to comply with SAT Bulletin 7 and/or SAT Bulletin 37 or to request the relevant transferors from whom we purchase taxable assets to comply
with these circulars, or to establish that our company should not be taxed under these circulars, which may have a material adverse effect
on our financial condition and results of operations.

You may experience difficulties in effecting
service of legal process, enforcing foreign judgments or bringing actions in China against us or our management. U. S. regulatory bodies
also may be limited in their ability to conduct investigations or inspections of our operations in China.

We conduct substantially all of our
operations in China, and substantially all of our assets are located in China In addition, most of our directors and officers are
nationals and residents of countries other than the United States. A substantial portion of the assets of these persons is located
outside the United States. The PRC does not have treaties providing for the reciprocal recognition and enforcement of judgments of
courts with the Marshall Islands and many other countries and regions. Therefore, recognition and enforcement in the PRC of
judgments of a court in any of these non-PRC jurisdictions in relation to any matter not subject to a binding arbitration provision
may be difficult or impossible. As a result, it may be difficult for you to effect service of process within the United States upon
these persons.

It may also
be difficult for you to enforce in U. S. courts judgments on the civil liability provisions of the U. S. federal securities laws against
us and our officers and directors, most of whom are not residents in the United States and the substantial majority of whose assets are
located outside of the United States. In addition, there is uncertainty as to whether the courts of the PRC would recognize or enforce
judgments of U. S. courts. Courts in China may recognize and enforce foreign judgments in accordance with the requirements of the PRC Civil
Procedures Law based on treaties between China and the country where the judgment is made or on reciprocity between jurisdictions. China
does not have any treaties or other arrangements that provide for the reciprocal recognition and enforcement of foreign judgments with
the United States. In addition, according to the PRC Civil Procedures Law, courts in the PRC will not enforce a foreign judgment against
us or our directors and officers if they decide that the judgment violates basic