Company: JXG
Filing Date: 2025-05-15
Form Type: 20-F
Source: 0001213900-25-043744
Chunk: 9

Company: JX Luxventure Group Inc.
Filing Date: 2025-05-15
Form: 20-F
Item: Item 3
Chunk 9
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 for PRC income tax purposes, such classification could result in unfavorable tax consequences to us and our non-PRC shareholders. See “ Risks R...  
  We face uncertainty with                                                                                                                                                                              
  You may experience difficulties in effecting service                                                                                                                                                  
  We may be exposed to liabilities under the Foreign Corrupt Practices                                                                                                                                  
  If we become directly subject to the recent scrutiny,                                                                                                                                                 
  The disclosures in our                                                                                                                                                                                

RISKS RELATED TO OUR BUSINESS

Risks Related to
our Cross-Border Merchandise and Tourism Industries

Our industry is
highly competitive and we may not be able to compete successfully against current and future competitors. If we are unable to compete
effectively, we may lose customers and our financial results may be negatively affected.

We face intense competition in the cross-bordered merchandise
and tourism industries in China. We expect greater competition in the future from existing players and new market entrants. Some
of our current and future competitors may have greater brand recognition and financial and other resources than we do, which may make
it more difficult for us to maintain or gain market share.

If we are not able to effectively compete against
current or future competitors, our business, financial condition and results of operations could suffer. Increased competition may result
in higher pricing pressure, reducing our ability to charge competitive prices for our products and services and decreased market share,
any of which could materially and negatively affect our business, financial condition and results of operation.

If we fail to effectively
manage our growth, our business, financial condition and operating results could be harmed.

As we continue to expand
our cross-border merchandise and tourism business, our continued growth could strain our existing resources, and we could experience ongoing
challenges, including:

  managing our operational, administrative and financial capabilities and other resources;  
  managing our brand portfolio, including further expanding our products and services;      

  expanding marketing channels and deepening end customer outreaches;  

  staying abreast of the evolving industry demands and market developments and catering to end users’ changing tastes of our business customers;  

  developing and applying technologies necessary to support our expanded operations;  

  effectively managing our supply chain;  

  responding to changes in the regulatory environment;  
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  exploring new market opportunities; and  

  addressing other challenges resulting from our expansion.  

All efforts to address
the potential challenges on our way to expansion require significant managerial, financial and human resources. We cannot assure you that
we