Company: JXG
Filing Date: 2025-05-15
Form Type: 20-F
Source: 0001213900-25-043744
Chunk: 216

Company: JX Luxventure Group Inc.
Filing Date: 2025-05-15
Form: 20-F
Item: Item 19
Chunk 216
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 of USD30,000,000. It is 100% owned by Flower Crow HK.
Its business scope ranges from import & export to manufacturing.

Jin Xuan Luxury Tourism (Hainan) Digital Technology Co., Ltd. (“ JX
Digital”) was incorporated in the PRC on August 4, 2016. It is 100% owned by JX Hainan. It has a registered capital of RMB20,000,000
and present shareholder shall pay up the registered capital prior to August 4, 2046. It operates Luxventure social platform and on-line
activities.

Beijing Heyang International Travel
Service Co., Ltd. (“ Heyang Travel”) was incorporated in the PRC on March 29, 2018. It is 100% owned by Jin Xuan Luxury Tourism.
It has a registered capital of RMB5,000,000 and the shareholder shall pay up the registered capital prior to August 1, 2060. Heyang Travel
engages in tourism business and selling carrier services. Heyang Travel was sold out to third party on October 8, 2023.

Hefei Aitong Culture Tourism Development
Co., Ltd. (“ Hefei Aitong”) was incorporated in the PRC on December 27, 2023. It is51% owned by JX Hainan with registered
capital of RMB1,000,000. It engages in tourism business and providing air-tickets sales agent services.

Billion Place Limited (Hong Kong) Co.,
Limited (“ Billion Place HK”), a limited company incorporated in Hong Kong on March 13, 2023, was acquired by Flower Crown
on August 3, 2023.

Baofu (Zhuhai) Technology Co., Ltd.
(“ Baofu Technology”) was incorporated in the PRC on June 29, 2017 and acquired by the Company on March 7, 2024. It is100%
owned by Billion Place Limited with registered capital of RMB60,000,000.

Hainan Si Quan Run Hang International
travel agency Co., Ltd. (“ Hainan Travel”) was incorporated in the PRC on August 9, 2023. On March 7, 2024, as a wholly-owned
subsidiary of Baofu Technology, Hainan Travel became an indirect wholly-owned subsidiary of Billion Place HK when Baofu Technology was
acquired by Billion Place