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HAIKOU - JX Luxventure Group Inc. (NASDAQ:JXG), currently trading at attractive valuations according to InvestingPro analysis, announced Tuesday that its subsidiary has entered into a strategic cooperation agreement with a Hainan-based cross-border e-commerce company valued at $15 million. The deal represents roughly three times the company’s current market capitalization of $4.95 million.
According to a press release statement, Jin Xuan (Hainan) Holding Group Co., Ltd., a subsidiary of JX Luxventure, signed the 2025 Strategic Cooperation Framework Agreement with Qingxiang (Hainan) Cross-Border E-Commerce Co., Ltd. on July 27.
Under the terms of the agreement, Qingxiang has committed to purchasing no less than $15 million in cross-border products from JX Luxventure’s subsidiary. The product range will include duty-free skincare items, health supplements, and lifestyle goods.
The partnership aims to utilize Hainan’s Free Trade Port policies to enhance supply chain efficiency and expand market reach.
JX Luxventure Group, headquartered in Haikou, China, operates in integrated tourism services, including tourism, duty-free cross-border goods, and e-commerce technology solutions.
The company’s CEO, Sun "Ice" Lei, stated that the cooperation represents a milestone in connecting global brands with China’s duty-free market.
The agreement comes as Hainan continues to develop its status as a free trade port with policies designed to facilitate cross-border commerce and duty-free retail operations.
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