Company: JXG
Filing Date: 2025-05-15
Form Type: 20-F
Source: 0001213900-25-043744
Chunk: 35

Company: JX Luxventure Group Inc.
Filing Date: 2025-05-15
Form: 20-F
Item: Item 3
Chunk 35
---
, and their assets, are located outside of the United States. As a result,
investors may have difficulty serving legal process within the United States upon us or any of these persons. Investors may also
have difficulty enforcing, both in and outside the United States, judgments you may obtain in U. S. courts against us or these
persons in any action, including actions based upon the civil liability provisions of U. S. federal or state securities laws. They
may also have difficulty bringing an original action in the appropriate court of the Marshall Islands to enforce liabilities against
us or any person based upon the U. S. federal securities laws.

RISKS RELATED TO DOING BUSINESS IN CHINA

Changes in China’s economic, political or social conditions
or government policies could have a material adverse effect on our business and operations.

Substantially all of our assets and operations
are located in the PRC. Accordingly, our business, financial condition, results of operations, and prospects may be influenced to a significant
degree by political, economic and social conditions in the PRC generally. The Chinese economy differs from the economies of most developed
countries in many respects, including the level of government involvement, development, growth rate, control of foreign exchange and allocation
of resources. Although the Chinese government has implemented measures emphasizing the utilization of market forces for economic reform,
the reduction of state ownership of productive assets, and the establishment of improved corporate governance in business enterprises,
a substantial portion of productive assets in the PRC is still owned by the government. In addition, the Chinese government continues
to play a significant role in regulating industry development by imposing industrial policies. The Chinese government also exercises significant
control over the PRC’s economic growth through allocating resources, controlling payment of foreign currency-denominated obligations,
setting monetary policy and providing preferential treatment to particular industries or companies. The PRC government also has implemented
various measures to encourage foreign investment and sustainable economic growth and to guide the allocation of financial and other resources.
However, we cannot assure you that the PRC government will not repeal or alter these measures or introduce new measures that will have
a negative effect on us.

Although
the Chinese economy has grown steadily in the past decade, the growth has been uneven, both geographically and among various sectors
of the economy, and the rate of growth has been slowing down in recent years and may materially decline in the future. T here
is considerable uncertainty over the long-term effects of the expansionary monetary and fiscal policies adopted by the People