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As Of Filer Filing For·On·As Docs:Size Issuer Filing Agent 7/13/22 JX Luxventure Ltd. 6-K 7/13/22 3:74K EdgarAgents LLC/FA |
Document/Exhibit Description Pages Size 1: 6-K Report of Foreign Private Issuer HTML 23K 2: EX-10.1 Employment Agreement HTML 34K 3: EX-99.1 Press Release HTML 17K
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 OF THE
SECURITIES EXCHANGE ACT OF 1934
For the month of July 2022
Commission File Number 001-35715
JX Luxventure Limited
(Translation of registrant’s name into English)
Bin Hai Da Dao No. 270
Lang Qin Wan Guo Ji Du Jia Cun Zong He Lou
Xiu Ying District
Haikou City, Hainan Province 570100
People’s Republic of China
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F: Form 20-F ☒ Form 40-F ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐
Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐
Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant’s “home country”), or under the rules of the home country exchange on which the registrant’s securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant’s security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.
C:
On July 12, 2022, JX Luxventure Limited (the “Company”) entered into an Employment Agreement with Sun Lei, the Company’s Chief Executive Officer and a director (the “Employment Agreement”). The Employment Agreement has a term of one (1) year. Pursuant to the terms of the Employment Agreement, Sun Lei shall receive cash compensation of USD1.00 and stock compensation, the amount of which will be based upon the Company’s achievements, as to be reported on the Company’s 2022 annual report:
| Company Revenue | Number of Common Stock | |
| US$59,000,0000 - US$99,999,999 | 25,000 Shares | |
| US$100,000,000 or more | 50,000 Shares | |
| Profit (Loss) Margin from Operation | ||
| A 5% - 9% improvement compared to 2021 | 50,000 Shares | |
| A 10% - 19% improvement compared to 2021 | 75,000 Shares | |
| A 20% or more improvement compared to 2021 | 100,000 Shares | |
| Profit from Non-Menswear operation | ||
| Achieve profitability on an adjusted basis | 50,000 Shares |
The Employment Agreement has been approved by unanimous written consent of the board of directors and the Company and by written consent of holders of a majority of the total issued and outstanding capital stock of the Company. An English translation of the Employment Agreement is filed herewith as Exhibit 10.1.
On July 13, 2022, the Company issued a press release with respect to entering into the Employment Agreement, furnished herewith as Exhibit 99.1.
C:
C: 1
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| Date: July 13, 2022 | JX Luxventure Limited | |
| By: | /s/ Sun Lei | |
| Sun Lei | ||
| Chief Executive Officer | ||
C:
2
EXHIBIT INDEX
| Exhibit Number | Description | |
| 10.1 | Employment Agreement | |
| 99.1 | Press Release |
3
| This ‘6-K’ Filing | Date | Other Filings | ||
|---|---|---|---|---|
 | ||||
| Filed on / For Period end: | 7/13/22 | S-8 | ||
| 7/12/22 | ||||
| List all Filings | ||||
As Of Filer Filing For·On·As Docs:Size Issuer Filing Agent 2/26/24 JX Luxventure Ltd. 20-F/A 12/31/22 152:11M EdgarAgents LLC/FA 1/17/24 JX Luxventure Ltd. 20-F/A 12/31/22 152:11M EdgarAgents LLC/FA 10/31/23 JX Luxventure Ltd. 20-F/A 12/31/22 151:11M EdgarAgents LLC/FA 8/31/23 JX Luxventure Ltd. 20-F/A 12/31/22 151:11M EdgarAgents LLC/FA 5/12/23 JX Luxventure Ltd. 20-F 12/31/22 7:2.4M EdgarAgents LLC/FA 12/02/22 JX Luxventure Ltd. S-8 12/02/22 4:75K EdgarAgents LLC/FA 11/04/22 JX Luxventure Ltd. S-8 11/04/22 4:92K EdgarAgents LLC/FA |