Company: JL
Filing Date: 2025-07-28
Form Type: 20-F
Source: 0001213900-25-068049
Chunk: 145

Company: J-Long Group Ltd
Filing Date: 2025-07-28
Form: 20-F
Item: Item 10
Chunk 145
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 to be payable, is paid to our Company, the instrument of transfer is properly stamped (if applicable), is in respect of only
one class of share and is lodged at our registered office or the place at which the principal register is located accompanied by the
relevant share certificate(s) and such other evidence as our Board of Directors may reasonably require is provided to show the right
of the transferor to make the transfer (and if the instrument of transfer is executed by some other person on his behalf, the authority
of that person so to do).

The
registration of transfers of shares or of any class of shares may, after compliance with any notice requirement of Nasdaq, be suspended
at such times and for such periods (not exceeding in the whole thirty days in any year) as our Board of Directors may determine.

Fully
paid shares shall be free from any restriction on transfer (except when permitted by Nasdaq) and shall also be free from all liens.

Procedures
on Liquidation

A
resolution that our Company be wound up by the court or be wound up voluntarily shall be a special resolution of our shareholders.

Subject
to any special rights, privileges, or restrictions as to the distribution of available surplus assets on liquidation for the time being
attached to any class or classes of shares:

  (i)       if                                                                                                                                     
  (ii)      if                                                                                                                                     

If
our Company is wound up (whether the liquidation is voluntary or compelled by the court), the liquidator may, with the sanction of a
special resolution and any other sanction required by the Companies Act, divide among the members in specie or kind the whole or any
part of the assets of our Company, whether the assets consist of property of one kind or different kinds, and the liquidator may, for
such purpose, set such value as he deems fair upon any one or more class or classes of property to be so divided and may determine how
such division shall be carried out as between the members or different classes of members and the members within each class. The liquidator
may, with the like sanction, vest any part of the assets in trustees upon such trusts for the benefit of members as the liquidator thinks
fit, but so that no member shall be compelled to accept any shares or other property upon which there is a liability.

Calls
on Ordinary Shares and Forfeiture of Ordinary Shares

Subject
to our Articles of Association and to the terms of allotment, our Board of Directors may, from