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6-K

JX Luxventure Group Inc. (JXG)

6-K 2021-04-05 For: 2021-04-05
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Added on April 12, 2026

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 April 2021

Commission File Number 001-35715

KBS FASHION GROUP LIMITED

(Translation of registrant’s name into English)

Xin Fengge Building

Yupu Industrial Park

Shishi City, Fujian Province 362700

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 x Form 40-F o

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): o

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): o

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.

On April 5, 2021, we released the press release furnished herewith as Exhibit 99.1. As described in the press release, we promoted Mr. Liu Zie to the position of Chief Technology Officer of Luxventure, our social media platform through which we conduct online product sales. With over 20 years of experience, Mr. Liu is a leading expert in the China information technology sector. Mr. Liu’s expertise lies in blockchain, artificial intelligence and internet of things. He was the former CTO of ZOL, a leading on-line technology/e-commerce portal, where he managed a 400 member development team. Mr. Liu is a graduate of Yanshan University.

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: April 5, 2021 KBS Fashion Group Limited
By: /s/ Sun Lei
Sun Lei
Chief Executive Officer
2

EXHIBIT INDEX


Exhibit Number Description
99.1 Press Release
3

Exhibit 99.1

LuxventurePromoted Liu Zie, an Expert in Blockchain, Artificial Intelligence and Things of Internet, as its Chief Technology Officer.

SHISHI, China, April 5, 2021 /PRNewswire/ -- KBS Fashion Group Limited ("KBS" or the "Company") (NASDAQ: KBSF), a leading fully-integrated casual menswear company in China and the operator of Luxventure, a social media platform, announced today the promotion of Liu Zie to the position of Chief Technology Officer of Luxventure.

With over 20 years of experience, Mr. Liu Zie is a leading expert in the China information technology sector. Mr. Liu’s expertise lies in Blockchain, Artificial Intelligence and Internet of Things. He was the former CTO of ZOL, a leading on-line technology/E-commerce portal, and managed a 400 member development team. Mr. Liu is a graduate of Yanshan University.

Ms. Sun Lei, Chief Executive Officer of the Company, commented: “I congratulate Liu Zie on this promotion. During his short time with Luxventure, he played an instrumental role in the development of our apps and internal management software solutions. As Chief Technology Officer, his role will be to focus on further using his experience and knowledge, especially in Blockchain, to better serve our users.”

Mr. Liu Zie commented:" I am honored for this promotion. One of the key reasons for joining Luxventure is the vision of its CEO and its focus on cutting edge technology. I am happy for the opportunity to bring my expertise in Blockchain, Artificial Intelligence and Internet of Things to the company. Blockchain is the future and I look forward to using my expertise in this area to further implement the company's Blockchain strategy and exploring related opportunities, such as Non-fungible Tokens (NFT).”

About KBS FashionGroup Limited

Headquartered in Shishi, China, KBS Fashion Group Limited, through its subsidiaries, is engaged in the business of i) designing, manufacturing, selling and distributing its own casual menswear brand, KBS, through a network of 30 KBS branded stores (as of Dec 31, 2019) and over a number of multi-brand stores. KBS Fashion Group is the operator of Luxventure, a social media platform. To learn more about the Company, please visit its corporate website at www.kbsfashion.com.

Safe Harbor Statement

This press release may contain certain"forward-looking statements" relating to the business of KBS Fashion Group Limited, and its subsidiary companies. All statements,other than statements of historical fact included herein, are "forward-looking statements" in nature within the meaning ofthe Private Securities Litigation Reform Act of 1995. These forward-looking statements, often identified by the use of forward-lookingterminology such as "believes," "expects" or similar expressions, involve known and unknown risks and uncertainties.Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions,risks and uncertainties, and these expectations may prove to be incorrect. Investors should not place undue reliance on these forward-lookingstatements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipatedin these forward-looking statements as a result of a variety of factors, including those discussed in the Company's periodic reportsthat are filed with the Securities and Exchange Commission and available on its website (http://www.sec.gov). All forward-looking statementsattributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than asrequired under the securities laws, the Company does not assume a duty to update these forward-looking statements.

SOURCE KBS Fashion Group Limited

Related Links

http://www.kbsfashion.com