Company: JXG
Filing Date: 2025-05-15
Form Type: 20-F
Source: 0001213900-25-043744
Chunk: 99

Company: JX Luxventure Group Inc.
Filing Date: 2025-05-15
Form: 20-F
Item: Item 4
Chunk 99
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 maintain the integrity, confidentiality
and usability of network data. The Cybersecurity Law also stipulates that the China adopts classified system for cybersecurity protection,
under which network operators are required to fulfil relevant obligations of security protection to ensure that the network is free from
interference, disruption or unauthorized access, and to prevent network data from being disclosed, stolen or tampered.

On September 22, 2020, the Ministry of Public
Security issued the Guiding Opinions on Implementing the Cyber Security Protection System and Critical Information Infrastructure Security
Protection System to further improve the national cyber security prevention and control system. On December 28, 2021, the Cyberspace Administration
of China (the“ CAC”) and several other government authorities published the Revised Cybersecurity Review Measures,
which came into effect on February 15, 2022 and replaced the previous version. Pursuant to these measures, the purchase of network products
and services by a critical information infrastructure operator or the data processing activities of a network platform operator that affect
or may affect national security will be subject to a cybersecurity review. In addition, network platform operators with personal information
of over one million users shall be subject to cybersecurity review before listing in foreign countries. The competent governmental authorities
may also initiate a cybersecurity review against the operators if the authorities believe that the network product or service or data
processing activities of such operators affect or may affect national security. Article 10 of the Revised Cybersecurity Review Measures
also sets out certain general factors which would be the focus in assessing the national security risk during a cybersecurity review,
including (i) risks of critical information infrastructure being illegally controlled or subject to interference or destruction; (ii)
the harm caused by the disruption of the supply of the product or service to the business continuity of critical information infrastructure;
(iii) the security, openness, transparency and diversity of sources of the product or service, the reliability of supply channels, and
risks of supply disruption due to political, diplomatic, trade and other factors; (iv) compliance with PRC laws, administrative regulations
and departmental rules by the provider of the product or service; (v) the risk of core data, important data or a large amount of personal
information being stolen, leaked, damaged, illegally used, or illegally transmitted overseas; (vi) the risk that critical information
infrastructure, core data, important data or a large amount of personal information being affected, controlled, and maliciously used by
foreign governments for a listing, as well as