JX Luxventure Announced its new Collaboration with Hainan Airlines for Air-Ticket Sales, to Promote through the Company's Channels and Official Accounts incorporating ChatGPT-type Technology

HAIKOU,China,Aug. 15,2023 --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,announced today that on August 14,2023,its subsidiary,Beijing Heyang International Travel Agency Co.,Ltd. ("Heyang") signed a passenger transport sales agency agreement (the "Agreement") with Hainan Airlines ("Hainan Airlines or HNA"),pursuant to which Hainan Airlines appointed Heyang as the regional agent for ticket sales of domestic and international routes,including specially managed domestic regional routes.

The Agreement sets the stage for Heyang to seamlessly procure domestic and international air tickets from Hainan Airlines and seamlessly distribute them to our esteemed network of business partners. This pioneering partnership also continues and improves our formidable collaboration,reaching it even deeper,and building on the success of our previous collaboration when HNA' cross-border e-commerce division has been leveraging JX Luxventure's cloud warehouse system and robust supply chain services with great success. The Company recently announced its new initiatives related to the use of ChatGPT-type technology in different areas of the Company's business. We believe that this cooperation with HNA will fully utilize a ChatGPT-type technology on the Company's platform and will further promote the business operations of the Company and HNA.

Ms. Sun "Ice" Lei,CEO of the Company,said: "In a remarkable testament to Hainan Airlines' prowess,the annual airline ticket sales volume stands at an impressive USD3.36 billion. It's with immense pride that we extend our heartfelt appreciation for this momentous opportunity to furnish our esteemed business partners with Hainan Airlines' tickets. As an emerging player in the industry,being entrusted with this distinctive privilege by HNA,a monumental player boasting an impressive portfolio of 12 airlines,is truly an honor that sets us apart. Our resolute commitment to nurturing and expanding this promising partnership remains unwavering,as we eagerly anticipate a fruitful journey ahead with Hainan Airlines and its esteemed membership base."

About JX Luxventure Limited.

Headquartered inHaikou,JX Luxventure Limited is a company engages in tourism with business segments covering tourism,tourism duty-free cross-border merchandise and tourism technology solutions. Tolearn more about the Company,please visit its corporate website at en.jxluxventure.com.

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