Company: JXG
Filing Date: 2025-05-15
Form Type: 20-F
Source: 0001213900-25-043744
Chunk: 144

Company: JX Luxventure Group Inc.
Filing Date: 2025-05-15
Form: 20-F
Item: Item 5
Chunk 144
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ization is included in finance costs in the income statement.

Financial instruments - derecognition
of financial liabilities

A financial liability is derecognized when the
obligation under the liability is discharged or cancelled, or expires.

When an existing financial liability is replaced
by another from the same lender on substantially different terms, or the terms of an existing liability are substantially modified, such
an exchange or modification is treated as a derecognition of the original liability and a recognition of a new liability, and the difference
between the respective carrying amounts is recognized in the income statement.

Financial instruments - offsetting financial
instruments

Financial assets and financial liabilities are
offset and the net amount is reported in the statement of financial position if there is a currently enforceable legal right to offset
the recognized amounts and there is an intention to settle on a net basis, or to realize the assets and settle the liabilities simultaneously.

G. Safe Harbor

See “ Introductory Notes - Forward-Looking
Information.”

ITEM 6. DIRECTORS, SENIOR MANAGEMENT AND EMPLOYEES