Company: JL
Filing Date: 2025-07-28
Form Type: 20-F
Source: 0001213900-25-068049
Chunk: 73

Company: J-Long Group Ltd
Filing Date: 2025-07-28
Form: 20-F
Item: Item 4
Chunk 73
---
ITEM
4. INFORMATION ON THE COMPANY

CORPORATE
HISTORY AND STRUCTURE

J-Long
Group Limited

J-Long Group Limited (the
“ Company” or “we”), is the holding company of our operating subsidiaries, J-Long Limited (Hong Kong) (“ JLHK”
or “ HK Operating Subsidiary”) and J-Long Trims Vietnam Co., Ltd (“ JLVN” or “ VN Operating Subsidiary”);
collectively with JLHK, the “ Operating Subsidiaries”). Mainly through our HK Operating Subsidiary, we are an established distributor
in Hong Kong of reflective and non-reflective garment trims including, among others, heat transfers, fabrics, woven labels and tapes,
sewing badges, piping, zipper pulls and drawcords.

The Company was incorporated in July 2022 under the laws of the Cayman
Islands as an exempted company with limited liability, with an authorized share capital of US$50,000 divided into 500,000,000 Ordinary
Shares, par value US$0.0001 each. On November 8, 2023, as part of a recapitalization in anticipation of our IPO, our shareholders
approved an increase in our authorized shares and a stock split at a ratio of 8-for-3, as a result of which the Company’s authorized
share capital was changed to US$51,000 divided into 1,360,000,000 Ordinary Shares with a par value of US$0.0000375 each. Immediately after
such stock split, the issued share capital of the Company became US$1,125 divided into 30,000,000 Ordinary Shares with a par value of
US$0.0000375 each, all of which were fully paid. 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$1,178 divided into 3,140,000 Ordinary Shares with a par value
of US$0.000375 each, all of which were fully paid.