Company: JXG
Filing Date: 2025-05-15
Form Type: 20-F
Source: 0001213900-25-043744
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Company: JX Luxventure Group Inc.
Filing Date: 2025-05-15
Form: 20-F
Item: Item 8
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ITEM 8. FINANCIAL INFORMATION

A. Consolidated Statements and Other Financial
Information

Financial Statements

We have appended consolidated financial statements
filed as part of this report. See Item 18 “ Financial Statements.”

Legal Proceedings

We may be subject to legal proceedings, investigations
and claims incidental to the conduct of our business from time to time. We are currently not party to any legal or arbitration proceedings,
including those relating to bankruptcy, receivership or similar proceedings and those involving any third party, which may have, or have
had in the recent past, significant effects on our financial position or profitability.

Dividend Policy

We are a holding company incorporated in the Marshall
Islands. As a Marshall Islands company, we may only declare and pay dividends except when the corporation is insolvent or would thereby
be made insolvent or when the declaration or payment would be contrary to any restrictions contained in our Restated Articles. Dividends
may be declared and paid out of surplus only; but in case there is no surplus, dividends may be declared or paid out of the net profits
for the fiscal year in which the dividend is declared and for the preceding fiscal year. We currently anticipate that we will retain any
available funds to finance the growth and operation of our business and we do not anticipate paying any cash dividends in the foreseeable
future. Additionally, our cash held in foreign countries may be subject to certain control limitations or repatriation requirements, limiting
our ability to use this cash to pay dividends.

We have never declared or paid cash dividends
and we have no plan to declare or pay any dividends in the near future on our shares of common stock. We currently intend to retain most,
if not all, of our available funds and any future earnings to operate and expand our business. As of the date of this Annual Report, the
Company has not established or maintained any cash management policies that dictate the purpose, amount and procedure of fund transfers
among the Company, our subsidiaries, or investors and there have been no cash and asset transfers between the Company and its PRC subsidiaries.

PRC regulations may restrict the ability of our
PRC subsidiaries to pay dividends to us. See “Risk Factors - Risks Related to Doing Business in China” for
more information. We may rely on dividends paid by our PRC subsidiaries to fund any cash and financing requirements we may have,
and any limitation on the ability of our PRC subsidiaries to make payments to us could have a material and adverse effect on our ability