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JX Luxventure Group Unit Gets $15 Million Cross-Border Contract for Duty-Free Goods in China
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JX Luxventure Group Unit Gets $15 Million Cross-Border Contract for Duty-Free Goods in China
Jul 29, 2025 7:56 AM

10:41 AM EDT, 07/29/2025 (MT Newswires) -- JX Luxventure Group ( JXG ) said its Jin Xuan Holding Group unit secured a $15 million contract for the purchase of duty-free cross-border products by Qingxiang Cross-Border E-Commerce.

The products include duty-free skincare, health supplements and lifestyle goods, Haikou, China-based JX Luxventure ( JXG ) said Tuesday in a statement.

Qingxiang Cross-Border E-Commerce is based in Hainan, China, and operates under the region's trade policies for duty-free and cross-border commerce.

The contract "marks a key milestone in our mission to bridge global brands with China's booming duty-free market," JX Luxventure ( JXG ) Chief Executive Officer Sun Lei said in the statement.

Price: 1.05, Change: -0.02, Percent Change: -1.87

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