Company: JL
Filing Date: 2025-07-28
Form Type: 20-F
Source: 0001213900-25-068049
Chunk: 7

Company: J-Long Group Ltd
Filing Date: 2025-07-28
Form: 20-F
Item: Item 3
Chunk 7
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 to Stratum Star, which subsequently declared
cash dividends of approximately US$2,423,077 to us as its holding company. Our Company, in turn, declared cash dividends of approximately
US$2,423,077 to its shareholders, Mr. Danny Tze Ching Wong and Mr. Edwin Chun Yin Wong.

See
“ Consolidated Statements of Changes in Shareholders’ Equity” on page F-5 and “ Consolidated Statements of Cash
Flows” on page F-6 of this Annual Report.

PRC
Government Permissions and Approvals

Management
confirms that based on PRC laws and regulations effective as of the date of this report, our operations in Hong Kong and our registered
public offering in the United States are not subject to the review nor prior approval of the Cyberspace Administration of China (the “ CAC”)
nor the China Securities Regulatory Commission (the “ CSRC”), because (i) the CSRC currently has not issued any definitive
rule or interpretation concerning whether offerings like ours under this prospectus are subject to this regulation; and (ii) JLHK was
established and operate in Hong Kong and is not included in the categories of industries and companies whose foreign securities offerings
are subject to review by the CSRC or the CAC. Uncertainties still exist, however, due to the possibility that laws, regulations, or policies
in the PRC could change rapidly in the future. Management also confirms that JL, Sun Choice, and our operating subsidiary, JLHK, are not
required to obtain any permissions or approvals from any Chinese authorities to operate their business as of the date of this Annual Report.
As of the date of this Annual Report, no permissions or approvals have been applied for by the Company or denied by any relevant authority,
and we have not been denied any required permissions or approvals.

We are aware that the Chinese authorities recently initiated
a series of regulatory actions and statements to regulate business operations in China with little advance notice, including cracking
down on illegal activities in the securities market, enhancing supervision over China-based companies listed overseas using a variable
interest entity (“ VIE”) structure, adopting new measures to extend the scope of cybersecurity reviews and expanding the efforts
in anti-monopoly enforcement.

We
are subject to the risks of uncertainty of any future actions of the PRC government in this regard including the risk that we inadvertently
conclude that the permissions or approvals discussed here are not required, that applicable laws, regulations or interpretations change
such that we are