Company: JXG
Filing Date: 2025-05-15
Form Type: 20-F
Source: 0001213900-25-043744
Chunk: 28

Company: JX Luxventure Group Inc.
Filing Date: 2025-05-15
Form: 20-F
Item: Item 3
Chunk 28
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 and other intangible assets in connection with such transactions,
which would harm our business, financial condition and results of operations.

In addition, we may not
be able to identify appropriate strategic investment or alliance targets when it is necessary or desirable to make such acquisition or
investment to remain competitive or to expand our business. Even if we identify an appropriate target, we may not be able to negotiate
the terms of the transaction successfully. In the event that we do not have control over the companies in which we only have minority
stake, we cannot ensure that these companies will at all times comply with applicable laws and regulations in their business operations.

The expansion of our business may place
significant strain on our personnel, management, financial systems and operational infrastructure and may impede our ability to meet any
increased demand for our products. Any failure by us or our business partners to comply with product safety, labor, tax or other
laws, or to provide safe conditions for our or their workers may damage our reputation and brand and harm our business.

Our products are subject
to regulation by various governmental authorities in China. Such products could be in the future subject to potential recalls and other
remedial actions. Product safety, labeling and licensing concerns, including consumer disclosure and warning regarding chemical exposure,
may result in recall or suspended offering of products, which in turn could result in a material adverse effect on our operating results.

To accommodate the Company’s
growth, we will need to implement a variety of new and upgraded operational and financial systems, procedures, and controls, including
improvements to our accounting and other internal management systems, by dedicating additional resources to our reporting and accounting
function and improvements to our record keeping and contract tracking system. We will also need to recruit more personnel and train and
manage our growing employee base. Furthermore, we will need to maintain and expand relationships with our current and future customers,
suppliers, distributors and other third parties, and there is no guarantee that we will succeed.

We procure products from
a variety of third-party suppliers, manufacturers and other business partners. If they fail to comply with applicable laws and regulations,
we may also face or get involved in litigations, which could increase our legal costs. In addition, other misconduct of our business partners
such as failure to provide safe and humane working conditions could harm our reputation and business as well.

The estimates of
market opportunity and forecasts of market growth in this Annual Report may prove to be inaccurate. Even if the market in which we compete