Company: JL
Filing Date: 2025-07-28
Form Type: 20-F
Source: 0001213900-25-068049
Chunk: 3

Company: J-Long Group Ltd
Filing Date: 2025-07-28
Form: 20-F
Item: Item 3
Chunk 3
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 national securities exchanges, such as the Nasdaq, may determine to delist our securities.                 
  Furthermore, on December 29, 2022, the Accelerating Holding Foreign Companies Accountable Act was enacted, which amended the                  
  HFCA Act by requiring the SEC to prohibit an issuer’s securities from trading on any U. S. stock exchanges if its auditor is                  
  not subject to PCAOB inspections for two consecutive years instead of three, and thus, reduced the time before our Ordinary Shares            
  may be prohibited from trading or delisted. See “ Risk Factors — Risks Related to Doing Business in Hong Kong —                               
  Although the audit report included in this Annual Report is prepared by U. S. auditors who are currently inspectable by the PCAOB,            
  there is no guarantee that future audit reports will be issued by auditors inspectable by the PCAOB, and, as such, in the future,             
  investors may be deprived of the benefits of the PCAOB inspection program. Furthermore, trading in our Ordinary Shares may be prohibited      
  under the HFCA Act if the SEC subsequently determines our audit work is performed by auditors that the PCAOB is unable to inspect             
  or investigate completely, and as a result, U. S. national securities exchanges, such as the Nasdaq, may determine to delist our securities.  
  Furthermore, on December 29, 2022, the Accelerating Holding Foreign Companies Accountable Act was enacted, which amended the                  
  HFCA Act by requiring the SEC to prohibit an issuer’s securities from trading on any U. S. stock exchanges if its auditor is                  
  not subject to PCAOB inspections for two consecutive years instead of three, and thus, reduced the time before our Ordinary Shares            
  may be prohibited from trading or delisted” on page 16 of this Annual Report.                                                                 
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  The                                                                                                                                                                  

  The                                                                                                                             

  If                                                                                                                                     
  we become subject to the recent scrutiny, criticism, and negative publicity involving U. S.-listed China-based companies, we may have  
  to expend significant resources to investigate and/or defend the matter, which could harm our business operations and our reputation   
  and could result in a loss of your investment in our Ordinary Shares, in particular if such matter cannot be addressed and resolved    
  favorably. See “ Risk Factors — Risks Related to Doing Business in Hong