Company: JL
Filing Date: 2025-07-28
Form Type: 20-F
Source: 0001213900-25-068049
Chunk: 151

Company: J-Long Group Ltd
Filing Date: 2025-07-28
Form: 20-F
Item: Item 10
Chunk 151
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 for losses, damages, costs and expenses incurred in their capacities as such unless such losses or damages
arise from dishonesty or fraud which may attach to such directors or officers. This standard of conduct is generally the same as permitted
under the Delaware General Corporation Act for a Delaware corporation. In addition, we have entered into indemnification agreements with
our directors and senior executive officers that will provide such persons with additional indemnification beyond that provided in our
Articles of Association.

Insofar
as indemnification for liabilities arising under the Securities Act may be permitted to our directors, officers or persons controlling
us under the foregoing provisions, we have been informed that, in the opinion of the SEC, such indemnification is against public policy
as expressed in the Securities Act and is therefore unenforceable.

Anti-Takeover
Provisions in the Memorandum and Articles of Association

Some
provisions of our Amended and Restated Memorandum and Articles of Association may discourage, delay or prevent a change in control of
our Company or management that shareholders may consider favorable, including provisions that authorize our Board of Directors to issue
preference shares in one or more series and to designate the price, rights, preferences, privileges and restrictions of such preference
shares without any further vote or action by our shareholders.

However,
under Cayman Islands law, our directors may only exercise the rights and powers granted to them under our Amended and Restated Memorandum
and Articles of Association, as further amended and restated from time to time, for what they believe in good faith to be in the best
interests of our Company.

Rights
of Non-Resident or Foreign Shareholders

There
are no limitations imposed by our Amended and Restated Memorandum and Articles of Association on the rights of non-resident or foreign
shareholders to hold or exercise voting rights on our shares. In addition, there are no provisions in our Amended and Restated Memorandum
and Articles of Association governing the ownership threshold above which shareholder ownership must be disclosed.

Directors’
Power to Issue Shares

Subject
to applicable law, our Board of Directors is empowered to issue or allot shares or grant options and warrants with or without preferred,
deferred, qualified or other special rights or restrictions.

Differences
in Corporate Law

The
Companies Act is modeled after that of England and Wales but does not follow recent statutory enactments in England. In addition, the
Companies Act differs from laws applicable to United States corporations and their shareholders. Set forth