JX Luxventure Signs USD30,000,000 (3X 2020 Revenue) Sales Agreement
JX Luxventure Limited (LLL)
Last jx luxventure limited earnings: 5/1 06:20 am
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Source: PR Newswire
HAIKOU, China, April 4, 2022 /PRNewswire/ -- JX Luxventure Limited (Nasdaq: LLL) (the "Company"), a service provider delivering comprehensive solutions to global elite families with business segments covering menswear, cross-border merchandise, airfare and tourism, announced today that, on March 31, 2022, Jin Xuan Luxury Tourism (Hainan) Digital Technology Co., Ltd. ("JX Hainan"), a subsidiary of the Company, entered into and executed a Framework Agreement on Strategic Cooperation (the "Agreement") with Ragdoll International Trading Co., Ltd. ("Ragdoll"), an E-commerce platform operator. Pursuant to the Agreement, Ragdoll will purchase from JX Hainan cross-border pet foods in the amount of up to USD30,000,000 to be distributed on the platforms operated by Ragdoll. Ms. Sun "Ice" Lei, Chief Executive Officer of the Company commented: "This is the second major pet food contract signed by Luxventure this month. Pet food is a new product category for the Company, and China's pet food m
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