Company: JL
Filing Date: 2025-07-28
Form Type: 20-F
Source: 0001213900-25-068049
Chunk: 64

Company: J-Long Group Ltd
Filing Date: 2025-07-28
Form: 20-F
Item: Item 3
Chunk 64
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 the operation and expansion of our business,
and we do not expect to declare or pay any dividends in the foreseeable future. As a result, you may only receive a return on your investment
in our Ordinary Shares if the market price of our Ordinary Shares increases. Our Board of Directors has complete discretion as to whether
to distribute dividends, subject to certain requirements of Cayman Islands law, has declared dividends in the past despite initial plans
in the alternative, and may make similar decisions in the future. The payment of dividends in the future could reduce the amount of funds
available to finance our operations and to expand our business. In addition, our shareholders may by ordinary resolution declare a dividend,
but no dividend may exceed the amount recommended by our directors.

Securities
analysts may not publish favorable research or reports about our business or may publish no information at all, which could cause our
Ordinary Share price or trading volume to decline.

The
trading market for our shares will be influenced to some extent by the research and reports that industry or financial analysts publish
about us and our business. We do not control these analysts. As a new public company, we may be slow to attract research coverage and
the analysts who publish information about our Ordinary Shares will have had relatively little experience with us or our industry, which
could affect their ability to accurately forecast our results and could make it more likely that we fail to meet their estimates. In
the event we obtain securities or industry analyst coverage, if any of the analysts who cover us provide inaccurate or unfavorable research
or issue an adverse opinion regarding our share

You
may experience difficulties in effecting service of legal process, enforcing foreign judgments or bringing original actions in the Cayman
Islands or Hong Kong based on U. S. or other foreign laws, and the ability of U. S. authorities to bring actions in the Cayman Islands
or Hong Kong may also be limited.

We are a company incorporated
under the laws of the Cayman Islands. We conduct substantially majority of our operations in Hong Kong and substantially majority of our
assets are located in Hong Kong. In addition, a majority of our directors and executive officers reside outside the United States,
and most of their assets are located outside the United States. As a result, it may be difficult or impossible for you to effect
service of process within the United States upon us or these individuals, or to bring an action against us or against these individuals
in the United States in the event that you believe that your rights have