CEO Sun "Ice" Lei Highlights Strategic Partnership For Revenue Growth And Profitability, Leveraging Jinxuan's Automotive Procurement Expertise And Tianjin Auto Trading's Chinese Sales Platform
Save time and jump to the most important pieces.
6-K - JX Luxventure Ltd (0001546383) (Filer)
6-K - JX Luxventure Ltd (0001546383) (Filer)
6-K - JX Luxventure Ltd (0001546383) (Filer)
HAIKOU, China, Aug. 16, 2023 /PRNewswire/ -- JX Luxventure Limited (NASDAQ:JXJT) (the "Company"), a company that engages in tourism with business segments covering tourism, tourism duty-free cross-border merchandise and tourism technology solutions, today announced financial results for the six months ended June 30, 2023. Financial Highlights for the Six Months of 2023 Significant Profit Reversal: The Company recorded a net profit of $2,389,400, representing a significant improvement compared to the same period in 2022 when it reported a loss of $19,489,022. This marks a substantial year-over-year increase of $21,878,422 net profit.Increase in Net Profit Margin: The net profit margin for t
HAIKOU, China, Aug. 29, 2024 /PRNewswire/ -- JX Luxventure Limited (NASDAQ:JXJT) (the "Company"), a technology company engages in integrated tourism services, including tourism, duty-free cross-border goods, and comprehensive e-commerce technology solutions, today announced that, on August 29, 2024, the Company has hired Mr. Zhang Chun Sheng as Director of Marketing. Mr. Zhang Chun Sheng has over 15 years of experience in brand promotion and marketing and is a seasoned expert in this area. He previously held a senior role at Xunlei Limited (NASDAQ:XNET), where he played a crucial part in driving the company's success. Ms. Sun "Ice" Lei, Chief Executive Officer of the Company commented: "We
HAIKOU, China, July 2, 2024 /PRNewswire/ -- JX Luxventure Limited (NASDAQ:JXJT) (the "Company"), a technology company engages in integrated tourism services, including tourism, duty-free cross-border goods, and comprehensive e-commerce technology solutions, today announced that, on July 1, 2024, Jinxuan (Hainan) Holding Group Co., Ltd ("JX Hainan"), a subsidiary of the Company, entered into and executed a Cooperation Agreement (the "Agreement") with Tianjin Zhongsheng United Automobile Trading Co., Ltd. ("Tianjin Auto Trading"). We anticipate that, based on this collaboration, pursuant to the Agreement, Tianjin Auto Trading will market and sell to customers high-end foreign luxury automobi
HAIKOU, China, May 15, 2024 /PRNewswire/ -- JX Luxventure Limited (NASDAQ:JXJT) (the "Company"), a technology company engages in integrated tourism services, including tourism, duty-free cross-border goods, and comprehensive e-commerce technology solutions, today announced financial results for the fiscal year ended December 31, 2023. Financial Highlights for the full year ended December 31, 2023: Significant Profit Reversal: The Company recorded a net profit of $3,043,779, representing a significant improvement compared to 2022 when it reported a loss of $55,383,281 for continuing operations. This marks a substantial year-over-year increase of $58,427,060 net profit.Increase in Net Profit
HAIKOU, China, Aug. 29, 2024 /PRNewswire/ -- JX Luxventure Limited (NASDAQ:JXJT) (the "Company"), a technology company engages in integrated tourism services, including tourism, duty-free cross-border goods, and comprehensive e-commerce technology solutions, today announced that, on August 29, 2024, the Company has hired Mr. Zhang Chun Sheng as Director of Marketing. Mr. Zhang Chun Sheng has over 15 years of experience in brand promotion and marketing and is a seasoned expert in this area. He previously held a senior role at Xunlei Limited (NASDAQ:XNET), where he played a crucial part in driving the company's success. Ms. Sun "Ice" Lei, Chief Executive Officer of the Company commented: "We
Gainers JX Luxventure (NASDAQ:JXJT) shares increased by 13.3% to $1.7 during Thursday's regular session. The market value of their outstanding shares is at $10.3 million. Koss (NASDAQ:KOSS) shares increased by 9.59% to $11.65. The company's market cap stands at $107.8 million. Greenlane Hldgs (NASDAQ:GNLN) stock rose 7.27% to $0.29. The company's market cap stands at $1.1 million. Kirkland's (NASDAQ:KIRK) shares rose 4.99% to $1.68. The market value of their outstanding shares is at $21.9 million. Rent the Runway (NASDAQ:RENT) stock increased by 4.95% to $15.46. The company's market cap stands at $57.5 million. Losers ToughBuilt Industries (NASDAQ:TBLT) stock fell 10.8% to $4.47 duri
JX Luxventure Ltd (NASDAQ:JXJT) shares are trading higher by 29.4% to $1.47 during Tuesday’s session after its subsidiary, JX Hainan, entered into a $100 million cooperation agreement with Tianjin Auto Trading to market and sell foreign luxury automobiles. The company says this partnership is expected to further enhance growth and profit margins by combining JX Hainan’s expertise in international automotive procurement with Tianjin Auto Trading’s sales platform in China. JX Luxventure also says the collaboration aims to efficiently bring more luxury vehicles to the Chinese market, leveraging Tianjin’s sales reach and media expertise to provide logistics, financing solutions and other