Company: JL
Filing Date: 2025-07-28
Form Type: 20-F
Source: 0001213900-25-068049
Chunk: 24

Company: J-Long Group Ltd
Filing Date: 2025-07-28
Form: 20-F
Item: Item 3
Chunk 24
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 review in the future. If JLHK becomes subject to the
CAC or CSRC review, we cannot assure you that JLHK will be able to comply with the regulatory requirements in all respects, and the
current practice of collecting and processing personal information may be ordered to be rectified or terminated by regulatory
authorities. In the event of a failure to comply, JLHK may become subject to fines and other penalties that may have a material
adverse effect on our business, operations, and financial condition and may hinder our ability to offer or continue to offer
Ordinary Shares to investors and cause the value of our Ordinary Shares to significantly decline or be worthless.

Although
the audit report included in this Annual Report is prepared by U. S. auditors who are currently inspectable by the PCAOB, there is
no guarantee that future audit reports will be issued by auditors inspectable by the PCAOB, and, as such, in the future, investors may
be deprived of the benefits of the PCAOB inspection program. Furthermore, trading in our securities may be prohibited under the HFCA
Act if the SEC subsequently determines our audit work is performed by auditors that the PCAOB is unable to inspect or investigate completely,
and as a result, U. S. national securities exchanges, such as Nasdaq, may determine to delist our securities. Furthermore, on December
29, 2022, the Accelerating Holding Foreign Companies Accountable Act was enacted, which amended the HFCA Act by requiring the SEC to
prohibit an issuer’s securities from trading on any U. S. stock exchanges if its auditor is not subject to PCAOB inspections for
two consecutive years instead of three, and thus, reduced the time before our Ordinary Shares may be prohibited from trading or delisted.

The
audit report included in this Annual Report was issued by ZH CPA, LLC, a U. S.-based accounting firm that is registered with the PCAOB
and can be inspected by the PCAOB. We have no intention of dismissing ZH CPA, LLC in the future or of engaging any auditor not based
in the U. S. and not subject to regular inspection by the PCAOB. There is no guarantee, however, that any future auditor engaged
by the Company would remain subject to full PCAOB inspection during the entire term of our engagement. The PCAOB is currently unable
to conduct inspections in mainland China and Hong Kong without the approval of the PRC authorities. Currently, our U. S. auditor’s