Company: JXG
Filing Date: 2025-05-15
Form Type: 20-F
Source: 0001213900-25-043744
Chunk: 91

Company: JX Luxventure Group Inc.
Filing Date: 2025-05-15
Form: 20-F
Item: Item 4
Chunk 91
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 by us during a single live stream event, as an example, our system enables other customers to
view the unsold items and place orders accordingly. This strategic use of technology significantly reduces the risks associated with excess
inventory, resulting in a more efficient and streamlined supply chain for all parties involved.

Description of Property

Properties We Lease

We currently lease additional spaces as indicated
below:

  Lessor/Rental Cost      Lessee        Location                                                               Area      Annual Rent      Term                               Use     
  per month                                                                                                 (Square                                                                  
                                                                                                             Meter)                                                                  
  Li Jinping              Jin Xuan      Building 5, Entrance 1, Room 101, Baofu 9th Courtyard Project,          336               $0      June 29, 2022 to June 30 2027      Office  
                          Luxury        Intersection of Weijin                                                                                                                       
                          Tourism       South Road and Suijiang                                                                                                                      
                                        Road, Xiqing District,                                                                                                                       
                                        Tianjin                                                                                                                                      
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Business Employees

As of the date of this Annual Report, the Company, its subsidiaries
and PRC operating entities have a total of 132 employees, including 55 full-time employees and 77 part-time employees. We do not have
independent contractors.

We believe our employees’ compensation packages
are competitive and we have created a merit-based work environment that encourages initiative. As a result, we have generally been able
to attract and retain qualified personnel and maintain a stable core management team.

As required by regulations in China, we participate
in various employee social security plans that are organized by local governments, including pension, unemployment insurance, childbirth
insurance, work-related injury insurance, medical insurance and housing insurance. Pursuant to PRC regulations, we are required to contribute
specific percentage of salaries, bonuses, and allowances (up to a maximum amount, specified by local governmental regulations) to the
employee benefit plan. As of the date of this Annual Report, we have made adequate social insurance and housing fund contributions for
all employees as required by PRC regulations.

We enter into standard labor agreements with our
full-time employees with standard confidentiality and non-compete provisions. We believe that we maintain a good working relationship
with our employees, and we have not experienced any major labor disputes, which may have, or have had in the recent past, material adverse
effects on our financial