Company: JXG
Filing Date: 2025-05-15
Form Type: 20-F
Source: 0001213900-25-043744
Chunk: 103

Company: JX Luxventure Group Inc.
Filing Date: 2025-05-15
Form: 20-F
Item: Item 4
Chunk 103
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 with the approved usage may subject to fines or other penalties, including potentially being required
by the relevant land administrative authority to return the land.

REGULATIONS RELATING TO LEASING

Pursuant to the Law on Administration of Urban
Real Estate of the PRC which took effect in January 1, 1995 with the latest amendment in August 26, 2019, lessors and lessees are required
to enter into a written lease contract, containing such provisions as the term of the lease, the use of the premises, liability for rent
and repair, and other rights and obligations of both parties. Pursuant to Administrative Measures on Leasing of Commodity Housing which
were promulgated by the Ministry of Housing and Urban-Rural Development on December 1, 2010 and came into effect on February 1, 2011,
the lessor and the lessee shall complete property leasing registration and filing formalities within 30 days from execution of the property
lease contract with competent authority, otherwise individuals or organizations who violate the provision shall be ordered to make correction
within a stipulated period. Where the individual or organization failed to make correction within the stipulated period, a fine shall
be imposed.

REGULATIONS RELATING TO INTELLECTUAL PROPERTY

Regulations on Copyright

Pursuant to the Copyright Law of the PRC (the
“ Copyright Law”), which was promulgated by the SCNPC and last amended on November 11, 2020 with effect from June 1, 2021,
creators of protected works enjoy personal and property rights with respect to publication, authorship, alteration, integrity, reproduction,
distribution, lease, exhibition, performance, projection, broadcasting, dissemination via information network, production, adaptation,
translation, compilation and related activities. Under the Copyright Law, the term of protection for copyrighted software is 50 years.
The Regulations on the Protection of the Right to Communicate Works to the Public over Information Networks, as most recently amended
on January 30, 2013, provide specific rules on fair use, statutory license, and a safe harbor for use of copyrights and copyright management
technology and specify the liabilities of various entities for violations, including copyright holders, libraries and internet service
providers. The Computer Software Copyright Registration Measures, promulgated by the National Copyright Administration on February 20,
2002, regulate registrations of software copyrights, exclusive licensing contracts for software copyrights and assignment agreements.
The National Copyright Administration administers software copyright registration