Company: JL
Filing Date: 2025-05-20
Form Type: 20-F/A
Source: 0001213900-25-045507
Chunk: 66

Company: J-Long Group Ltd
Filing Date: 2025-05-20
Form: 20-F/A
Chunk 66
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 error or fraud may occur and not be detected. We do not intend to pay dividends for the foreseeable future Although we have paid dividends in the past, we currently intend to retain any future earnings to finance the operation and expansion of our business, and we do not expect to declare or pay any dividends in the foreseeable future. As a result, you may only receive a return on your investment in our Ordinary Shares if the market price of our Ordinary Shares increases. Our Board of Directors has complete discretion as to whether to distribute dividends, subject to certain requirements of Cayman Islands law, has declared dividends in the past despite initial plans in the alternative, and may make similar decisions in the future. The payment of dividends in the future could reduce the amount of funds available to finance our operations and to expand our business. In addition, our shareholders may by ordinary resolution declare a dividend, but no dividend may exceed the amount recommended by our directors. 35 Securities analysts may not publish favorable research or reports about our business or may publish no information at all, which could cause our Ordinary Share price or trading volume to decline. The trading market for our shares will be influenced to some extent by the research and reports that industry or financial analysts publish about us and our business. We do not control these analysts. As a new public company, we may be slow to attract research coverage and the analysts who publish information about our Ordinary Shares will have had relatively little experience with us or our industry, which could affect their ability to accurately forecast our results and could make it more likely that we fail to meet their estimates. In the event we obtain securities or industry analyst coverage, if any of the analysts who cover us provide inaccurate or unfavorable research or issue an adverse opinion regarding our shareprice, our shareprice could decline. If one or more of these analysts cease coverage of us or fail to publish reports covering us regularly, we could lose visibility in the market, which in turn could cause our shareprice or trading volume to decline and result in the loss of all or a part of your investment in us. You may experience difficulties in effecting service of legal process, enforcing foreign judgments or bringing original actions in the Cayman Islands or Hong Kong based on U.S. or other foreign laws, and the ability of U.S. authorities to bring actions in the Cayman Islands or Hong Kong may also be limited. We are a company incorporated under the laws of the Cayman Islands. We conduct substantially all of our operations in Hong Kong and substantially all of our assets are located in Hong Kong. In