Company: JXG
Filing Date: 2025-05-15
Form Type: 20-F
Source: 0001213900-25-043744
Chunk: 21

Company: JX Luxventure Group Inc.
Filing Date: 2025-05-15
Form: 20-F
Item: Item 3
Chunk 21
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 demand for our products and
solutions, and could adversely affect our business, results of operations and financial condition.

The future success of
our business depends upon the continued use of the internet as a primary medium for commerce, communications and business applications.
Chinese or foreign government bodies or agencies have in the past adopted, and may in the future adopt, laws or regulations affecting
the use of the internet as a commercial medium. Changes in these laws or regulations could require us to modify our products and platform
in order to comply with these changes. In addition, government agencies or private organizations have imposed and may impose additional
taxes, fees or other charges for accessing the internet or commerce conducted via the internet. These laws or charges could limit the
growth of internet-related commerce or communications generally, or result in reductions in the demand for internet-based products and
services such as our products and platform. In addition, the use of the internet as a business tool could be adversely affected due to
delays in the development or adoption of new standards and protocols to handle increased demands of internet activity, security, reliability,
cost, ease-of-use, accessibility and quality of service. The performance of the internet and its acceptance as a business tool has been
adversely affected by “viruses,” “worms,” and similar malicious programs. If the use of the internet is reduced
as a result of these or other issues, then demand for our products could decline, which could adversely affect our business, results of
operations and financial condition.

Moreover, our business depends on the performance,
reliability and security of the telecommunications and internet infrastructure in China and other countries in which we operate or locate
our assets. Substantially all access to the internet in China is maintained through certain telecommunication operators under the administrative
control and regulatory supervision of the Ministry of Industry and Information Technology, or the MIIT. In addition, the national networks
in China are connected to the internet through qualified international gateways, which are the only channels through which a domestic
user can connect to the internet outside of China. We may face similar or other limitations in other countries in which we operate or
locate our assets. We may not have access to alternative networks in the event of disruptions, failures or other problems with the internet
infrastructure in China or elsewhere. In addition, the internet infrastructure in the countries in which we operate may not support the
demands associated with continued growth in Internet usage. We also have no control over the costs of the services provided