Company: JXG
Filing Date: 2025-05-15
Form Type: 20-F
Source: 0001213900-25-043744
Chunk: 116

Company: JX Luxventure Group Inc.
Filing Date: 2025-05-15
Form: 20-F
Item: Item 4
Chunk 116
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 Protection of Consumer Rights and Interests, or the Consumer Protection Law,
which was promulgated in October 1993 amended in October 2013. The Consumer Protection Law sets forth standards of behavior that businesses
must observe in their dealings with consumers.

Violations of the Consumer Protection Law may
result in the imposition of fines. In addition, the violating entity may be ordered to suspend its operations, and its business license
may be revoked. There may also be criminal liability in serious cases.

According to the Consumer Protection Law, if the
legal rights and interests of a consumer are violated during the purchase or use of goods, the consumer may seek compensation from the
seller. If the manufacturer or an upstream distributor is responsible, after compensating the consumer, the seller may recover the corresponding
amount from the manufacturer or the upstream distributor. Consumers or other persons who suffer personal injury or property damages due
to defects in products may seek compensation from the manufacturer as well as the seller. After compensating the consumer, the seller
may recover the corresponding amount from the manufacturer if the manufacturer is responsible for the product defects, and vice versa.

Regulations Relating to Environmental Matters

Our facilities are subject to various governmental
regulations related to environmental protection. We use a myriad of chemicals in our operations and produce emissions that could pose
environmental risks. Our manufacturing facilities are subject to various pollution control regulations with respect to noise, water and
air pollution and the disposal of waste and hazardous materials, including, China’s Environmental Protection Law, Law of the People’s
Republic of China on Appraising of Environment Impacts, China’s Law on the Prevention and Control of Water Pollution and its implementing
rules, China’s Law on the Prevention and Control of Air Pollution and its implementing rules, China’s Law on the Prevention
and Control of Solid Waste Pollution, and China’s Law on the Prevention and Control of Noise Pollution. We are subject to periodic
inspections by local environmental protection authorities.

We did not incur material costs in environmental
compliance in fiscal years 2022, 2021 and 2020. We believe we are in material compliance with the relevant PRC environmental laws and
regulations. We are not currently subject to any pending actions alleging any violations of applicable PRC environmental laws.

Regulations on Stock Incentive Plans

The State Administration of Foreign Exchange promulgated
the Notice on Issues Concerning the Foreign Exchange Administration for Domestic Individuals Participating in Stock Incentive Plan of
Overseas Publicly Listed