Company: JL
Filing Date: 2025-07-28
Form Type: 20-F
Source: 0001213900-25-068049
Chunk: 54

Company: J-Long Group Ltd
Filing Date: 2025-07-28
Form: 20-F
Item: Item 3
Chunk 54
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 power outages, labor disputes, adverse weather conditions or other catastrophes, epidemics or
outbreaks of communicable diseases such as COVID-19, Severe Acute Respiratory Syndrome, Middle East Respiratory Syndrome, Ebola or other
contagious diseases, may disrupt our operations and acts of war, terrorist attacks or other acts of violence may further materially and
adversely affect the global financial markets and consumer confidence. Any of such incidents may have a widespread effect on our business
operations, which could in turn adversely and materially affect our business, results of operations and financial condition.

Our
revenue is susceptible to changes in the economic conditions and regulatory environment, social and/or political conditions and civil
disturbance or disobedience. We cannot assure you that there will be no political or social unrest in the near future or that there will
not be other events that could lead to widespread protests or the disruption of the economic, political and social conditions in Hong
Kong. If such events persist for a prolonged period of time or the economic, political and social conditions in Hong Kong are disrupted,
our overall business and results of operations may be adversely affected.

Our
business may also be affected by macroeconomic factors in the countries where our customers and suppliers are located, such as general
economic conditions, market sentiment and regulatory, fiscal and other governmental policies, all of which are beyond our control. Any
such events may cause damage or disruption to our business, markets, customers and suppliers, any of which may materially and adversely
affect our business, financial condition, results of operations and prospects.

A
severe or prolonged downturn in the global economy, whether caused by economic or political instability, could materially and adversely
affect our business and results of operations.

The recent global market
and economic crisis stemming from COVID-19 resulted in recessions occurring in most major economies. Continued concerns about the systemic
impact of potential long-term and widespread recession, energy costs, geopolitical issues, sovereign debt issues, COVID-19 and new variants
thereof and the availability and cost of credit have contributed to increased market volatility and diminished expectations for economic
growth around the world. The difficult economic outlook has negatively affected businesses and consumer confidence and contributed to
significant volatility.

There
is continuing uncertainty over the long-term effects of the expansionary monetary and fiscal policies adopted by the central banks and
financial authorities of some of the world’s leading economies, including Hong Kong’s. There have also been concerns
over unrest in several geographic