Company: JL
Filing Date: 2025-07-28
Form Type: 20-F
Source: 0001213900-25-068049
Chunk: 149

Company: J-Long Group Ltd
Filing Date: 2025-07-28
Form: 20-F
Item: Item 10
Chunk 149
---
ation, by its duly authorized representative) or by proxy representing not less than one-third (1/3) in nominal value of the total
issued voting shares in our Company throughout the meeting.

Inspection
of Books and Records

Our
shareholders have no general right to inspect or obtain copies of the register of members or corporate records of our Company. They will,
however, have such rights as may be set out in our Articles of Association.

Changes
in Capital

Subject
to the Companies Act, our shareholders may, by ordinary resolution:

  (a)      increase                                                                                                                                 
  (b)      consolidate                                                                                                                              
  (c)      sub-divide                                                                                                                               
  (d)      cancel                                                                                                                                   
  (e)      convert                                                                                                                                  

Subject
to the Companies Act and to any rights for the time being conferred on the shareholders holding a particular class of shares, our shareholders
may, by special resolution, reduce our share capital or any capital redemption reserve in any way.

Mergers
and Similar Arrangements

A
merger of two or more constituent companies under Cayman Islands law requires a plan of merger or consolidation to be approved by the
directors of each constituent company and authorization by (a) a majority in number representing seventy-five percent (75%) in value
of the shareholders voting together as one class; and (b) if the shares to be issued to each shareholder in the surviving company are
to have the same rights and economic value as the shares held in the constituent company, a special resolution of the shareholders voting
together as one class.

A
merger between a Cayman parent company and its Cayman subsidiary or subsidiaries does not require authorization by a resolution of shareholders.
For this purpose a subsidiary is a company of which at least ninety percent (90%) of the issued shares entitled to vote are owned by
the parent company.

The
consent of each holder of a fixed or floating security interest over a constituent company is required unless this requirement is waived
by a court in the Cayman Islands.

Save
in certain circumstances, a dissentient shareholder of a Cayman constituent company is entitled to payment of the fair value of his shares
upon dissenting to a merger or consolidation. The exercise of appraisal rights will preclude the exercise of any other rights save for
the right to seek relief on the grounds that the merger or consolidation is void or unlawful.

In
addition, there are statutory provisions that facilitate the reconstruction and amalgamation of companies, provided