Company: JL
Filing Date: 2025-07-28
Form Type: 20-F
Source: 0001213900-25-068049
Chunk: 187

Company: J-Long Group Ltd
Filing Date: 2025-07-28
Form: 20-F
Item: Item 18
Chunk 187
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 and49% shares respectively.

Reorganization

In July 2022, the Company
was incorporated under the laws of the Cayman Islands as an exempted company with limited liability, with an authorized share capital
of US$50,000divided into500,000,000Ordinary Shares, par value US$0.0001each. On July 25, 2022, one fully-paid share was
allotted and issued to the initial subscriber and transferred to Mr. Danny Tze Ching Wong subsequently. On the same day,10,124,999and1,125,000shares were also allotted and issued to the controlling shareholder, namely Mr. Danny Tze Ching Wong and Mr. Edwin
Chun Yin Wong, who are father and son.

In August 2022, Stratum
Star was incorporated under the laws of the BVI, wholly owned subsidiary of the Company. In August 2022, Alpine Eagle was incorporated
under the laws of the BVI, wholly owned subsidiary of the Company.

F-7

J-LONG GROUP LIMITED

1. DESCRIPTION OF BUSINESS AND BASIS OF PRESENTATION(cont.)

Reverse Stock Split

On November 15, 2024, our
shareholders approved a share consolidation (reverse stock split) of the Company at a ratio ranging from 1-for-1.5 to
1-for-10
ordinary
shares, as a result of which the Company’s authorized share capital was changed to US$
51,000
divided
into136,000,000
Ordinary Shares
with a par value of US$
0.000375
each. Immediately after such reverse stock split, the issued share capital of the Company became US$1,178divided into3,140,000Ordinary Shares with a par value of US$0.000375each, all of which were fully paid. The reverse stock split took
effect on the Company’s Ordinary Shares as at open of trading on December 10, 2024.

On December 12, 2022,
Stratum Star acquired all the shares of JLHK from Sun Choice and became the immediate holding company of JLHK. On December 13,
2022, Alpine Eagle acquired all the shares of Sun Choice from Mr. Danny Tze Ching Wong and Lui Wai Fun, who is the spouse of Mr. Danny
Tze Ching Wong, and became the immediate holding company of Sun Choice.

Following such share transfer,
Sun Choice and JL