Company: JXG
Filing Date: 2025-05-15
Form Type: 20-F
Source: 0001213900-25-043744
Chunk: 98

Company: JX Luxventure Group Inc.
Filing Date: 2025-05-15
Form: 20-F
Item: Item 4
Chunk 98
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as Listing Trial Measures and relevant guidelines were newly promulgated, their interpretation, application and enforcement
remain unclear. Any failure of us to fully comply with the Overseas Listing Trail Measures may significantly limit or completely hinder
our ability to offer or continue to offer our securities, hinder our ability to remain listed on Nasdaq or any other U. S. securities exchange,
cause significant disruption to our business operations, and severely damage our reputation, which would materially and adversely affect
our financial condition and results of operations and cause shares of our Common Stock to significantly decline in value or become worthless.

On February 24, 2023, the CSRC, the Ministry of
Finance, the National Administration of State Secrets Protection and the National Archives Administration jointly issued the Provisions
on Strengthening Confidentiality and Archives Administration of Overseas Securities Offering and Listing by Domestic Companies, or the
Confidentiality and Archives Provisions, which will take effective from March 31, 2023. The Confidentiality and Archives Provisions specify
that during the overseas issuance of securities and listing activities of domestic enterprises, domestic enterprises and securities companies
and securities service institutions that provide relevant securities services shall, by strictly abiding by the relevant laws and regulations
of the PRC and the requirements therein, establish sound confidentiality and archives management systems, take necessary measures to implement
confidentiality and archives management responsibilities, and shall not leak national secrets, work secrets of governmental agencies and
undermine national and public interests. Work manuscripts generated in the PRC by securities companies and securities service institutions
that provide relevant securities services for overseas issuance and listing of securities by domestic enterprises shall be kept in the
PRC. Without the approval of relevant competent authorities, it shall not be transferred overseas. Where archives or copies need to be
transferred outside of the PRC, it shall be subject to the approval procedures in accordance with relevant PRC regulations.

REGULATIONS RELATING TO CYBERSECURITY AND DATA
SECURITY

According to the Cybersecurity Law of the PRC
(the “ Cybersecurity Law”) which was promulgated by the Standing Committee of the National People’s Congress of the
PRC (the “ SCNPC”) on November 7, 2016 and came into effect on June 1, 2017, network operators shall take all necessary
measures in accordance with applicable laws, regulations and compulsory national requirements to safeguard the safe and stable operation
of networks, respond to cybersecurity incidents effectively, prevent illegal and criminal activities, and