JX Luxventure Limited announced that Helong Hai and Keyan Yan, each a member of the Board of Directors of JX Luxventure Limited resigned from the Board, effective immediately. As a result, there are currently five members of the Board, three of which are independent directors under the standards set forth in the Nasdaq Listing Rule 5605(a)(2). Mr. Hai and Mr. Yan did not serve on any Board committees at the time of their resignations.

Both directors did not resign as a result of any disagreement with the Company on any matter relating to the Company's operations, policies or practices.