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JX Luxventure Signs Blockbuster USD100,000,000 (3X 2023 Revenue) Sales Agreement

Core Insights - JX Luxventure Limited has entered a Cooperation Agreement with Tianjin Zhongsheng United Automobile Trading Co., Ltd to market and sell luxury automobiles in China, with a projected sales value of at least USD 100 million [1][2] Company Overview - JX Luxventure Limited is a technology company based in Haikou, China, focusing on integrated tourism services, including tourism, duty-free cross-border goods, and comprehensive e-commerce technology solutions [3] Strategic Partnership - The partnership aims to leverage JX Hainan's international automotive procurement expertise and Tianjin Auto Trading's strong sales platform in China, enhancing the distribution of luxury vehicles in the growing Chinese market [2] - The collaboration is expected to provide premium logistics, financing solutions, and an exceptional customer experience, thereby creating significant value for both companies [2]