Company: JXG
Filing Date: 2025-05-15
Form Type: 20-F
Source: 0001213900-25-043744
Chunk: 13

Company: JX Luxventure Group Inc.
Filing Date: 2025-05-15
Form: 20-F
Item: Item 3
Chunk 13
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 be materially and adversely affected.

We rely on our technology
infrastructure and operating systems to carry out the key aspects of our business, including identifying market trends in brands, selecting
and partnering with quality brand partners, forecasting business customers’ demands, supporting our product supply chain, enabling
effective marketing and distribution, and refining business customer services. Although we did not experience any material failure or
breakdown of our operating systems in the past, we cannot guarantee that such risks are always under control. In addition, computer viruses,
security breaches and information theft may lead to delays or errors in transaction processing, inability to fulfill purchase orders or
loss of data. Any interruptions of our operating platform, whether caused by computer viruses, hacking or other security breaches, and
errors encountered during platform upgrades or other issues resulting in the unavailability, or slowdown of our information technologies
may, individually or collectively, materially and adversely affect our business and results of operations.

Cross-border merchandise
and tourism business are subject to rapid technological changes and innovations. Our technologies may become obsolete or insufficient.

The nature of our business
is subject to rapid technological changes, and we may have difficulties in following and adapting to technological changes in the industry
in a timely and cost-effective manner, which could impact every key aspect of our business. New technologies developed and introduced
by our competitors could render our products and services less attractive or obsolete, thus materially affecting our business and prospects.
In addition, our substantial investments in technology may not produce expected results. If we fail to continue to develop, innovate and
utilize our technologies or if our competitors develop or apply more advanced technologies, our business, financial condition and results
of operations could be materially and adversely affected.

We conduct our
business through online third party platforms operated by our business customers. The material disruption of those platforms or any adverse
changes on our cooperation with them could harm our business and operation.

We use third party platforms
operated by our business customers to promote and sell our products. Our growth is subject to aforesaid third party platforms’ traffic
growth, account using terms and conditions and regulations, among other factors. If these platforms’ traffic fails to grow in the
future, our growth may slow down as well. If we breach the using terms of such platforms, the platform operators may decide at any time
to curtail or inhibit our ability to use such platforms. Meanwhile, these platforms may increase their fees or make changes to their respective
business models, using terms, policies or systems, and those