Company: JXG
Filing Date: 2025-05-15
Form Type: 20-F
Source: 0001213900-25-043744
Chunk: 71

Company: JX Luxventure Group Inc.
Filing Date: 2025-05-15
Form: 20-F
Item: Item 3
Chunk 71
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ible Preferred
Stock.

Sun Lei, our Chief Executive Officer, Interim Financial Officer, co-chairwoman and director, holds 150,000 shares of Series C Convertible
Preferred Stock that are convertible into 18,750 shares of our Common Stock, 1,240,000 shares of Series A Convertible Preferred Stock,
convertible into 31,000 shares of Common Stock, and 80,000 shares of Series D Preferred Stock, convertible into 26,000shares of Common
Stock. At the date of this Annua Report, all shares of Series E Convertible Preferred Stock were converted into shares of common stock,
and there are no Series E Convertible Preferred Stock are outstanding.

The ability of the Board to issue shares of Preferred
Stock could make it more difficult, delay, discourage, prevent or make it more costly to acquire or effect a change-in-control, which
in turn could prevent shareholders from recognizing a gain in the event that a favorable offer is extended and could materially and negatively
affect the market price of shares of our Common Stock.

ITEM 4. INFORMATION ON THE COMPANY