Company: JL
Filing Date: 2025-05-20
Form Type: 20-F/A
Source: 0001213900-25-045507
Chunk: 134

Company: J-Long Group Ltd
Filing Date: 2025-05-20
Form: 20-F/A
Chunk 134
---
 practices; and                                                                                       |

| ● | evaluating the performance and effectiveness of the Board 
 as a whole.                                               |

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 from Section 16 rules regarding sales of Ordinary                                                                               
 Shares by insiders, which will provide less data in this regard than shareholders of U.S. companies that are subject to the Exchange Act. |

| ● | 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.                                            |

85 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 we choose