Company: JL
Filing Date: 2025-07-28
Form Type: 20-F
Source: 0001213900-25-068049
Chunk: 66

Company: J-Long Group Ltd
Filing Date: 2025-07-28
Form: 20-F
Item: Item 3
Chunk 66
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 (i) for a debt or a definite sum of money (not being taxes or similar charges
to a foreign government taxing authority or a fine or other penalty); and (ii) final and conclusive on the merits of the claim,
but not otherwise. Such a judgment may not, in any event, be so enforced in Hong Kong if (a) it was obtained by fraud; (b) the
proceedings in which the judgment was obtained were opposed to natural justice; (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; and (e) 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.

You
may have more difficulties protecting your interests than you would as a shareholder of a U. S. corporation.

We
are an exempted company incorporated under the laws of the Cayman Islands. Our corporate affairs are governed by the provisions of our
Amended and Restated Memorandum and Articles of Association, and by the provisions of the Companies Act and the common law of the Cayman
Islands. The rights of shareholders to take action against the directors, actions by minority shareholders and the fiduciary duties of
our directors to us under Cayman Islands law are to a large extent governed by the common law of the Cayman Islands. The common law of
the Cayman Islands is derived in part from comparatively limited judicial precedent in the Cayman Islands as well as from the common
law of England, the decisions of whose courts are of persuasive authority, but are not binding, on a court in the Cayman Islands.

The
rights of shareholders and the fiduciary duties of our directors and officers under Cayman Islands law are not as clearly established
as they would be under statutes or judicial precedents in some jurisdictions in the United States, and some states (such as Delaware)
have more fully developed and judicially interpreted bodies of corporate law than the Cayman Islands. In addition, Cayman Islands companies
may not have standing to initiate a shareholder derivative action in a federal court