HAIKOU, China, July 26, 2022 /PRNewswire/ -- JX Luxventure Limited (Nasdaq:LLL) (the "Company"), a company delivering comprehensive products solutions to global high-net-worth families serviced by our business customers with business segments covering menswear, cross-border merchandise and tourism, announced today that its subsidiary, Jin Xuan (Hainan) Holding Co., Ltd. ("JX Hainan"), entered into and executed a Cooperation Agreement (the "Agreement") with Kaiwo International Trading Co., Ltd. ("Kaiwo") on July 26, 2022, which is the first day of the China International Consumer Products Expo held in Haikou. Kaiwo is an automobile distributor and holds one of the limited number of duty-free car importer licenses ("Duty Free Import License") in China. Pursuant to the Agreement, Kaiwo will sell high-end foreign luxury automobiles supplied by JX Hainan under the Duty-Free Import License in the amount of up to USD50,000,000.
Read more at prnewswire.comJX Luxventure Limited Expands Its Product Portfolio And Signs USD50,000,000 Automobile Sales Agreement
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