Company: JL
Filing Date: 2025-07-28
Form Type: 20-F
Source: 0001213900-25-068049
Chunk: 141

Company: J-Long Group Ltd
Filing Date: 2025-07-28
Form: 20-F
Item: Item 10
Chunk 141
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, (c) its
enforcement or recognition would be contrary to the public policy of Hong Kong, (d) the court of the United States was
not jurisdictionally competent, or the judgment was in conflict with a prior Hong Kong judgment.

Hong Kong
has no arrangement for the reciprocal enforcement of judgments with the United States. As a result, there is uncertainty as to the
enforceability in Hong Kong, in original actions or in actions for enforcement, of judgments of U. S. courts of civil liabilities
predicated solely upon the federal securities laws of the United States or the securities laws of any state or territory within
the United States.

Share
Capital

We
are an exempted company incorporated with limited liability in the Cayman Islands and our affairs are governed by our Amended and Restated
Memorandum and Articles of Association, the Companies Act and the common law of the Cayman Islands.

As of the date of this Annual
Report, our authorized share capital is US$51,000 divided into 136,000,000 Ordinary Shares with a par value of US$0.000375 each.

Ordinary
Shares

The
following are summaries of certain material terms of our Ordinary Shares.

General

All
of our outstanding Ordinary Shares are fully paid and non-assessable. Certificates representing the Ordinary Shares are issued in registered
form. Our shareholders who are non-residents of the Cayman Islands may freely hold and vote their Ordinary Shares. We may not issue shares
to bearer.

Dividends

Subject
to the Companies Act and our Articles of Association, our Company in general meeting may declare dividends in any currency to be paid
to the members but no dividend shall be declared in excess of the amount recommended by our Board of Directors.

Except
in so far as the rights attaching to, or the terms of issue of, any share may otherwise provide:

  (i)        all                                                                                                                                     
  (ii)       all                                                                                                                                     
  (iii)      our                                                                                                                                     

Where
our Board of Directors or our Company in general meeting has resolved that a dividend should be paid or declared, our Board of Directors
may resolve:

  (aa)      that                                                                                                                                     
  (bb)      that                                                                                                                                     

Upon
the recommendation of our Board of Directors, our Company may by ordinary resolution in respect of any one particular dividend of our
Company determine that it may be satisfied wholly in the form of an allotment of shares credited as fully paid-up without offering any
right