Company: JL
Filing Date: 2025-07-28
Form Type: 20-F
Source: 0001213900-25-068049
Chunk: 128

Company: J-Long Group Ltd
Filing Date: 2025-07-28
Form: 20-F
Item: Item 6
Chunk 128
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  evaluating                                                  

Foreign
Private Issuer Exemption

We
are a “foreign private issuer,” as defined under Rule 3b-4(c) of the Exchange Act. As a result, we are exempt from some
of the requirements under the Exchange Act applicable to domestic issuers, and in accordance with the rules and regulations of Nasdaq,
we may choose to comply with home country governance requirements and certain exemptions thereunder rather than complying with Nasdaq
corporate governance standards. We may choose to take advantage of the following exemptions afforded to foreign private issuers:

  Exemption                                                                                                                         
  from filing quarterly reports on Form 10-Q, from filing proxy solicitation materials on Schedule 14A or 14C in connection         
  with annual or special meetings of shareholders, from providing current reports on Form 8-K disclosing significant events within  
  four days of their occurrence, and from the disclosure requirements of Regulation FD.                                             
 ────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────

  Exemption                                                                                                                            

  Exemption                                                                                                                           
  from the Nasdaq rules applicable to domestic issuers requiring disclosure within four business days of any determination            
  to grant a waiver of the code of business conduct and ethics to directors and officers. Although we will require Board approval of  
  any such waiver, we may choose not to disclose the waiver in the manner set forth in the Nasdaq rules, as permitted by the foreign  
  private issuer exemption.                                                                                                           
 ──────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────

Furthermore,
Nasdaq Rule 5615(a)(3) provides that a foreign private issuer, such as us, may rely on our home country corporate governance
practices in lieu of certain of the rules in the Nasdaq Rule 5600 Series and Rule 5250(d), but we are required to comply
with Nasdaq’s Notification of Noncompliance requirement (Rule 5625) and Voting Rights requirement (Rule 5640), and to
have an audit committee that satisfies Rule 5605(c)(3), consisting of committee members that meet the independence requirements
of Rule 5605(c)(2)(A)(ii). If we rely on our home country corporate governance practices in lieu of certain of the rules of Nasdaq,
our shareholders may not have the same protections afforded to shareholders of companies that are subject to all of the corporate governance
requirements of Nasdaq. If