Jin Xuan (Hainan) Holding Co signs Cooperation Agreement with Kaiwo International Trading Co.
Auto Business News-July 27, 2022--Jin Xuan (Hainan) Holding Co signs Cooperation Agreement with Kaiwo International Trading Co
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Auto Business News - 27 July 2022
Jin Xuan (Hainan) Holding Co., Ltd. (JX Hainan), a subsidiary of JX Luxventure Limited (Nasdaq: LLL), has signed a Cooperation Agreement with Kaiwo International Trading Co., Ltd.
According to the contract, Kaiwo will sell high-end foreign luxury automobiles provided by JX Hainan under the Duty-Free Import License in the amount of up to USD50,000,000.
Sun 'Ice' Lei, the company chief executive officer, said, 'The demand for high end foreign luxury automobiles remains strong in China, the world's largest automobile market. We have decided to expand into the...
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