Company: JXG
Filing Date: 2025-05-15
Form Type: 20-F
Source: 0001213900-25-043744
Chunk: 169

Company: JX Luxventure Group Inc.
Filing Date: 2025-05-15
Form: 20-F
Item: Item 10
Chunk 169
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 are also expressly authorized to advance certain expenses (including attorneys’ fees and disbursements and
court costs) to our directors and offices and carry directors’ and officers’ insurance providing indemnification for our directors,
officers and certain employees for some liabilities.

The limitation of liability and indemnification
provisions in our Restated Articles and bylaws may discourage stockholders from bringing a lawsuit against directors for breach of their
fiduciary duty. These provisions may also have the effect of reducing the likelihood of derivative litigation against directors and officers,
even though such an action, if successful, might otherwise benefit us and our stockholders. In addition, your investment may be adversely
affected to the extent we pay the costs of settlement and damage awards against directors and officers pursuant to these indemnification
provisions.

C. Material Contracts

We have not entered into any material contracts
other than in the ordinary course of business and other than those described in Item 4 “ Information on the Company,” Item
5 “ Operating and Financial Review and Prospects - F. Tabular Disclosure of Contractual Obligations,” Item 7 “ Major
Shareholders and Related Party Transactions,” or filed (or incorporated by reference) as exhibits to this annual report or otherwise
described or referenced in this Annual Report.

D. Exchange Controls

Marshall Islands Exchange Controls

Under Marshall Islands law, there are currently
no restrictions on the export or import of capital, including foreign exchange controls or restrictions that affect the remittance of
dividends, interest or other payments to nonresident holders of our shares.

BVI Exchange Controls

There are no material exchange controls restrictions
on payment of dividends, interest or other payments to the holders of our common stock or on the conduct of our operations in the BVI,
where we were incorporated. There are no material BVI laws that impose any material exchange controls on us or that affect the payment
of dividends, interest or other payments to nonresident holders of our common stock. BVI law and our memorandum and articles of association
do not impose any material limitations on the right of non-residents or foreign owners to hold or vote our common stock.

PRC Exchange Controls

Regulations on Foreign Currency Exchange

Under the PRC Foreign Currency Administration
Rules promulgated on January 29, 1996 and last amended on August 5, 2008 and various regulations issued by SAFE and other relevant PRC
government authorities, payment of current account items in foreign currencies, such as trade and service payments,