Company: JL
Filing Date: 2025-04-03
Form Type: 20-F/A
Source: 0001213900-25-028675
Chunk: 172

Company: J-Long Group Ltd
Filing Date: 2025-04-03
Form: 20-F/A
Chunk 172
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ING ACCOUNTANTS Not applicable ITEM 16G. CORPORATE GOVERNANCE As a Cayman Islands company listed on the Nasdaq Global Market, we are subject to Nasdaq Stock Market corporate governance listing standards. However, the Nasdaq rules provide that foreign private issuers may follow home country practice in lieu of the corporate governance requirements of the Nasdaq Stock Market, subject to certain exceptions and requirements and except to the extent that such exemptions would be contrary to US federal securities laws and regulations. The significant differences between Cayman Islands companies’ corporate governance practices and those followed by United States companies under the Nasdaq Rules are summarized as follows:

| ● | Rule 5605(b)(1), which requires that the board of directors                                                                            
 consist of a majority of independent directors compared to Cayman Islands corporate law, which permits a board of directors to consist 
 of less than a majority of independent directors. We comply with Rule 5605(b)(1) as our Board of Directors includes three independent  
 directors.                                                                                                                             |

| ● | Rule 5605(e), which requires that director nominees be selected, or                                                                       
 recommended for the Board’s selection, by a majority of the independent directors or by a nominations committee comprised solely          
 of independent directors compared to Cayman Islands corporate law, which contains no requirements for the selection of director nominees. 
 We comply with Rule 5605(e) in that we have a nominations committee comprised solely of independent directors that is responsible for     
 making recommendations to the Board regarding the selection and approval of director nominees.                                            |

| ● | Rule 5605(c)(2)(A), which requires each company to have an audit committee                                                                   
 of at least three members, each of whom is an independent director, compared to Cayman Islands corporate law which does not require an       
 audit committee. We comply with Rule 5605(c)(2)(A) in that our audit committee is comprised of three members, each of whom is an independent 
 director.                                                                                                                                    |

| ● | Rule 5605(b)(2), which requires that regular sessions be                                                                                      
 held where only independent directors are present compared to Cayman Islands corporate law that does not require us to hold regular executive 
 sessions. We follow our home country law.                                                                                                     |

| ● | Rule 5635(c), which requires us to obtain shareholder approval prior                                                                         
 to the issuance of securities when a stock option or purchase plan is established or materially amended compared to Cayman Islands corporate 
 law that does not require shareholder approval for the issuance of securities