JX Luxventure Ltd (NASDAQ:JXJT) shares are trading higher by 29.4% to $1.47 during Tuesday’s session after its subsidiary, JX Hainan, entered into a $100 million cooperation agreement with Tianjin Auto Trading to market and sell foreign luxury automobiles. The company says this partnership is expected to further enhance growth and profit margins by combining JX Hainan’s expertise in international automotive procurement with Tianjin Auto Trading’s sales platform in China. JX Luxventure also says the collaboration aims to efficiently bring more luxury vehicles to the Chinese market, leveraging T…