Company: JL
Filing Date: 2025-07-28
Form Type: 20-F
Source: 0001213900-25-068049
Chunk: 147

Company: J-Long Group Ltd
Filing Date: 2025-07-28
Form: 20-F
Item: Item 10
Chunk 147
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 will include all dividends and bonuses declared in respect of the forfeited share and not actually paid before the forfeiture.

A
person whose shares have been forfeited shall cease to be a member in respect of the forfeited shares but shall, nevertheless, remain
liable to pay to our Company all monies which, at the date of forfeiture, were payable by him to our Company in respect of the shares
together with (if our Board of Directors shall in our discretion so require) interest thereon from the date of forfeiture until payment
at such rate not exceeding 20% per annum as our Board of Directors may prescribe.

Redemption
of Ordinary Shares

Subject
to the Companies Act, our Articles of Association, and, where applicable, the Nasdaq listing rules or any other law or so far as not
prohibited by any law and subject to any rights conferred on the holders of any class of shares, any power of our Company to purchase
or otherwise acquire all or any of its own shares (which expression as used in this Article includes redeemable shares) shall be exercisable
by our Board of Directors in such manner, upon such terms and subject to such conditions as it thinks fit.

Subject
to the Companies Act, our Articles of Association and to any special rights conferred on the holders of any shares or attaching to any
class of shares, shares may be issued on the terms that they may, at the option of our Company or the holders thereof, be liable to be
redeemed on such terms and in such manner, including out of capital, as our Board of Directors may deem fit.

Variations
of Rights of Shares

Subject
to the Companies Act and without prejudice to our Articles of Association, if at any time the share capital of our Company is divided
into different classes of shares, all or any of the special rights attached to any class of shares may (unless otherwise provided for
by the terms of issue of the shares of that class) be varied, modified or abrogated with the sanction of a special resolution passed
at a separate general meeting of the holders of the shares of that class. The provisions of the Articles relating to general meetings
shall mutatis mutandis

Any
special rights conferred upon the holders of any shares or class of shares shall not, unless otherwise expressly provided in the rights
attaching to the terms of issue of such shares, be deemed to be varied by the creation or issue of further shares ranking pari passu

General
Meetings of Shareholders