JX Luxventure Group Enters $15 Million Agreement to Enhance Cross-Border E-Commerce
JX Luxventure's Strategic Move
In a significant development for the cross-border e-commerce landscape, JX Luxventure Group Inc. (Nasdaq: JXG) has announced a strategic cooperation framework agreement worth $15 million with Qingxiang (Hainan) Cross-Border E-Commerce Co., Ltd. (HCBEC). This partnership, established on July 27, 2025, is poised to enhance market reach and supply chain efficiency under Hainan's Free Trade Port policies.
With the increasing demand for duty-free products among Chinese consumers, JX Luxventure, which specializes in integrated tourism services, aims to capitalize on this burgeoning market. The agreement entails HCBEC's commitment to purchasing a minimum of $15 million in cross-border goods from JX Hainan, a subsidiary of JX Luxventure. This includes a diverse range of products, such as skincare items, health supplements, and lifestyle goods.
Why This Agreement Matters
This strategic cooperation signifies a critical milestone for JX Luxventure Group. According to **Ms. Sun