Company: JL
Filing Date: 2025-07-28
Form Type: 20-F
Source: 0001213900-25-068049
Chunk: 160

Company: J-Long Group Ltd
Filing Date: 2025-07-28
Form: 20-F
Item: Item 10
Chunk 160
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. Internal Revenue Code
of 1986, as amended, U. S. Treasury regulations promulgated thereunder, and administrative and judicial interpretations thereof,
all as in effect on the date hereof and all of which are subject to change, possibly with retroactive effect. This discussion does not
address all of the U. S. federal income tax consequences that may be relevant to specific U. S. Holders in light of their particular
circumstances or to U. S. Holders subject to special treatment under U. S. federal income tax law (such as certain financial
institutions; insurance companies; dealers or traders in securities or other persons that generally mark their securities to market for
U. S. federal income tax purposes; tax-exempt entities or governmental organizations; retirement plans; regulated investment companies;
real estate investment trusts; grantor trusts; brokers, dealers, or traders in securities, commodities, currencies, or notional principal
contracts; certain former citizens or long-term residents of the United States; persons who hold our Ordinary Shares as part of
a “straddle,” “hedge,” “conversion transaction,” “synthetic security,” or integrated
investment; persons that have a “functional currency” other than the U. S. dollar; persons that own directly, indirectly,
or through attribution 10% or more of the voting power of our Ordinary Shares; corporations that accumulate earnings to avoid U. S. federal
income tax; partnerships and other pass-through entities; and investors in such pass-through entities). This discussion does not address
any U. S. state or local or non-U. S. tax consequences or any U. S. federal estate, gift, or alternative minimum tax consequences.

As
used in this discussion, the term “ U. S. Holder” means a beneficial owner of our Ordinary Shares who is, for U. S. federal
income tax purposes, (i) an individual who is a citizen or resident of the United States; (ii) a corporation (or entity
treated as a corporation for U. S. federal income tax purposes) created or organized in or under the laws of the United States,
any state thereof, or the District of Columbia; (iii) an estate, the income of which is subject to U. S. federal income tax
regardless of its source; or (iv) a trust (x) with respect to which a court within the United States is able to exercise
primary supervision over its administration and one or