Company: JL
Filing Date: 2025-04-03
Form Type: 20-F/A
Source: 0001213900-25-028675
Chunk: 2

Company: J-Long Group Ltd
Filing Date: 2025-04-03
Form: 20-F/A
Chunk 2
---
 a safe harbor for forward-looking statements on which the Company relies in making such disclosures. In connection with the “safe harbor,” we are hereby identifying important factors that could cause actual results to differ materially from those contained in any forward-looking statements made by us or on our behalf. Factors that might cause such a difference include, but are not limited to, those discussed in the section entitled “Risk Factors” under Item 3. - “Key Information.” FINANCIAL STATEMENTS AND CURRENCY PRESENTATION Basis of Presentation We prepare our consolidated financial statements in accordance with accounting principles generally accepted in the United States of America and publish our financial statements in United States Dollars. Certain amounts, percentages and other figures included in this Annual Report have been subject to rounding adjustments. Accordingly, amounts, percentages and other figures shown as totals in certain tables or charts may not be the arithmetic aggregation of those that precede them and amounts and figures expressed as percentages in the text may not total 100% or, when aggregated, may not be the arithmetic aggregation of the percentages that precede them. REFERENCES In this Annual Report, “China” refers to all parts of the People’s Republic of China, including the Special Administrative Region of Hong Kong. The terms “we,” “our,” “us” and the “Company” refer to J-Long Group Limited and, where the context so requires or suggests, our direct and indirect subsidiaries. Our direct and indirect subsidiaries are: (i) Stratum Star Limited (“Stratum Star”), incorporated in the British Virgin Islands; (ii) Alpine Eagle Limited (“Alpine Eagle”), incorporated in the British Virgin Islands; (iii) J-Long Limited (“JLHK”), incorporated in Hong Kong; and (iv) Sun Choice Enterprises Limited (“Sun Choice”), incorporated in Hong Kong. Stratum Star and Alpine Eagle are holding companies and do not conduct any business operations. JLHK is our sole Operating Subsidiary and conducts business operations in Hong Kong. Sun Choice does not currently conduct any business operations. “Initial Public Offering” or “IPO” refers to the closing on January 26, 2024 of our initial public offering of 1,400,000 Ordinary Shares at a public offering price of $5.00 for total gross proceeds of $7,000,000. References to “dollars,” “U.S. Dollars” or “US$” are to United States Dollars, “RMB” are to Chinese Renminbi and “HKD” or “HK$” are to Hong Kong