JX Luxventure Limited announced that on August 14, 2023, its subsidiary, Beijing Heyang International Travel Agency Co. Ltd. signed a passenger transport sales agency agreement with Hainan Airlines, 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 esteemed network of business partners.

This pioneering partnership also continues and improves formidable collaboration, reaching it even deeper, and building on the success of 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. The Company 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.