Schedule 13D Filing for JX Luxventure Group Inc.
This filing details a significant change in ownership for JX Luxventure Group Inc. Huidan Li, identified as the Reporting Person, has acquired a 9.56% stake in the company's common stock. The acquisition occurred on March 26, 2026, through a debt exchange agreement where Li Huidan exchanged $2,120,000 of outstanding debt owed by the Issuer for 650,307 shares of common stock. This transaction, at a price of $3.23 per share, resulted in Li Huidan holding an aggregate of 685,807 shares. Prior to this, Li Huidan received shares as compensation for services as a director and officer, including 333 shares in 2021 and 167 shares in 2022. An additional 35,000 shares were granted as compensation on January 3, 2026. The filing also notes that the reported share ownership has been retroactively adjusted to account for several reverse stock splits, including a 1-for-10 split effective April 26, 2023, a 1-for-4 split effective December 27, 2024, and a 1-for-15 split effective November 21, 2025. The total outstanding shares of common stock as of March 26, 2026, were 7,176,831.