Read Why JX Luxventure Shares Have Tripled Today

  • JX Luxventure Ltd LLL subsidiary JX Hainan signed a cooperation agreement with the Chinese pet food shopping platform, Chongqing E-Pet Technology Co Ltd.
  • Under the agreement, Chongqing E-Pet will purchase up to $60 million worth of cross-border pet foods from JX Hainan to distribute on its platform.
  • "This cooperation shows the ever-growing demand for the cross-border pet foods in China and opens a new category of cross-border goods for JX Luxventure," said CEO Sun Lei.
  •  "After a stellar year of revenue growth of 2021, this agreement puts JX Luxventure on pace to have another one for 2022."
  • Price Action: LLL shares are trading higher by 195% at $5.90 on the last check Tuesday.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: NewsPenny StocksContractsMoversTrading IdeasGeneralAerospace & DefenseBriefsIndustrialswhy it's moving
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!