Company: JWEL
Filing Date: 2025-08-26
Form Type: F-3
Source: 0001213900-25-080759
Chunk: 31

Company: Jowell Global Ltd.
Filing Date: 2025-08-26
Form: F-3
Chunk 31
---
 of $0.0016
per share, and (ii) 50,000,000 shares are designated as preferred shares with a nominal or par value of $0.0016 per share. As of August 25, 2025, 2,170,475 Ordinary Shares and 46,875 Preferred Shares are issued and outstanding.

<div align='center'>10

DESCRIPTION OF ORDINARY SHARES</div>

As of the date of this prospectus,
2,170,475 ordinary shares are issued and outstanding and listing on Nasdaq Capital Market under symbol “JWEL”.

Dividends. Subject to any rights and
restrictions of any other class or series of shares, our Board may, from time to time, declare dividends on the shares issued and authorize
payment of the dividends out of our lawfully available funds. No dividends shall be declared by the board out of our company except the
following:

| ● | profits; or                                                                                                                                                                                                                       |
| ● | “share premium account,” which represents the excess of the price paid to our company on issue of its shares over the par or “nominal” value of those shares, which is similar to the U.S. concept of additional paid in capital. |

However, no dividend shall bear interest against
the Company.

Voting Rights. Each Ordinary Share shall
be entitled to one vote on all matters subject to vote at general and special meetings of our company and each Preferred Share shall be
entitled to two (2) votes on all matters subject to vote at general and special meetings of our company. Voting at any meeting of shareholders
is by show of hands unless a poll is demanded. A poll may be demanded by the chairman of such meeting or any one or more shareholders
who together hold not less than 10% of the nominal value of the total issued voting shares of our company present in person or by proxy.
An ordinary resolution to be passed at a meeting by the shareholders requires the affirmative vote of a simple majority of the votes attaching
to the Ordinary Shares cast at a meeting, while a special resolution requires the affirmative vote of no less than two-thirds of the votes
cast attaching to the outstanding Ordinary Shares at a meeting. A special resolution will be required for important matters such as making
changes to our second amended and restated memorandum and articles of association.

There are no limitations on non-residents or foreign
shareholders in the memorandum and articles to hold or exercise voting rights on the Ordinary Shares imposed by foreign law or by the