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[6-K] J-Long Group Limited Current Report (Foreign Issuer)

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
6-K

On 7 Aug 2025, J-Long Group Ltd. (NASDAQ: JL) held an Extraordinary General Meeting, with 2,187,636 shares (58.16 % of outstanding) present in person or by proxy. Shareholders approved two resolutions creating a dual-class capital structure and updating governing documents.

  • Share Re-Designation: The authorized 136 M ordinary shares will be re-classified into 133 M Class A shares (1 vote each) and 3 M Class B shares (20 votes each).
  • Issued shares converted: 3,761,701 existing shares become 1,652,701 Class A and 2,109,000 Class B on a 1-for-1 basis.
  • Governance update: A second amended & restated Memorandum & Articles of Association reflecting the dual-class structure was adopted.
  • Voting results: Proposal 1 passed 2,142,578 For / 45,047 Against / 11 Abstain; Proposal 2 passed 2,142,587 For / 45,048 Against / 1 Abstain.

Founders Danny Tze Ching Wong and Edwin Chun Yin Wong will hold all 2,109,000 Class B shares, securing outsized voting power relative to economic ownership.

Il 7 agosto 2025, J-Long Group Ltd. (NASDAQ: JL) ha tenuto un'Assemblea Straordinaria, con 2.187.636 azioni (58,16% del capitale sociale) presenti di persona o per delega. Gli azionisti hanno approvato due delibere che istituiscono una struttura azionaria a doppia classe e aggiornano i documenti statutari.

  • Ridenominazione delle azioni: Le 136 milioni di azioni ordinarie autorizzate saranno riclassificate in 133 milioni di azioni di Classe A (1 voto ciascuna) e 3 milioni di azioni di Classe B (20 voti ciascuna).
  • Conversione delle azioni emesse: 3.761.701 azioni esistenti diventeranno 1.652.701 azioni di Classe A e 2.109.000 di Classe B in rapporto 1:1.
  • Aggiornamento della governance: È stato adottato un secondo Memorandum e Statuto modificato e aggiornato che riflette la struttura a doppia classe.
  • Risultati delle votazioni: Proposta 1 approvata con 2.142.578 voti favorevoli / 45.047 contrari / 11 astenuti; Proposta 2 approvata con 2.142.587 voti favorevoli / 45.048 contrari / 1 astenuto.

I fondatori Danny Tze Ching Wong ed Edwin Chun Yin Wong deterranno tutte le 2.109.000 azioni di Classe B, garantendo un potere di voto superiore rispetto alla quota economica posseduta.

El 7 de agosto de 2025, J-Long Group Ltd. (NASDAQ: JL) celebró una Junta General Extraordinaria, con 2.187.636 acciones (58,16 % del total en circulación) presentes en persona o por poder. Los accionistas aprobaron dos resoluciones que crean una estructura de capital de doble clase y actualizan los documentos de gobierno.

  • Reclasificación de acciones: Las 136 millones de acciones ordinarias autorizadas se reclasificarán en 133 millones de acciones Clase A (1 voto cada una) y 3 millones de acciones Clase B (20 votos cada una).
  • Conversión de acciones emitidas: 3.761.701 acciones existentes se convertirán en 1.652.701 Clase A y 2.109.000 Clase B en una proporción 1 a 1.
  • Actualización de la gobernanza: Se adoptó un segundo Memorando y Estatutos modificados y actualizados que reflejan la estructura de doble clase.
  • Resultados de la votación: Propuesta 1 aprobada con 2.142.578 votos a favor / 45.047 en contra / 11 abstenciones; Propuesta 2 aprobada con 2.142.587 votos a favor / 45.048 en contra / 1 abstención.

Los fundadores Danny Tze Ching Wong y Edwin Chun Yin Wong poseerán todas las 2.109.000 acciones Clase B, asegurando un poder de voto desproporcionado en relación con la propiedad económica.

2025년 8월 7일, J-Long Group Ltd. (NASDAQ: JL)은 임시 주주총회를 개최했으며, 2,187,636주(발행 주식의 58.16%)가 직접 또는 대리 참석했습니다. 주주들은 이중 클래스 자본 구조를 도입하고 정관을 업데이트하는 두 가지 결의를 승인했습니다.

  • 주식 재분류: 승인된 1억 3,600만 보통주는 1주당 1표인 1억 3,300만 클래스 A 주식과 1주당 20표인 300만 클래스 B 주식으로 재분류됩니다.
  • 발행 주식 전환: 기존 3,761,701주는 1대1 비율로 1,652,701주 클래스 A와 2,109,000주 클래스 B로 전환됩니다.
  • 거버넌스 업데이트: 이중 클래스 구조를 반영한 두 번째 개정 및 재작성된 정관이 채택되었습니다.
  • 투표 결과: 제안 1은 찬성 2,142,578표 / 반대 45,047표 / 기권 11표로 통과; 제안 2는 찬성 2,142,587표 / 반대 45,048표 / 기권 1표로 통과했습니다.

창립자 Danny Tze Ching Wong과 Edwin Chun Yin Wong은 모든 2,109,000주 클래스 B 주식을 보유하여 경제적 소유권에 비해 상당한 투표권을 확보하게 됩니다.

Le 7 août 2025, J-Long Group Ltd. (NASDAQ : JL) a tenu une assemblée générale extraordinaire, avec 2 187 636 actions (58,16 % des actions en circulation) présentes en personne ou par procuration. Les actionnaires ont approuvé deux résolutions créant une structure de capital à double catégorie et mettant à jour les documents de gouvernance.

  • Redésignation des actions : Les 136 millions d'actions ordinaires autorisées seront reclassées en 133 millions d'actions de Classe A (1 vote chacune) et 3 millions d'actions de Classe B (20 votes chacune).
  • Conversion des actions émises : 3 761 701 actions existantes deviendront 1 652 701 actions de Classe A et 2 109 000 actions de Classe B selon un ratio de 1 pour 1.
  • Mise à jour de la gouvernance : Un deuxième mémorandum modifié et statuts mis à jour reflétant la structure à double catégorie ont été adoptés.
  • Résultats des votes : Proposition 1 adoptée avec 2 142 578 pour / 45 047 contre / 11 abstentions ; Proposition 2 adoptée avec 2 142 587 pour / 45 048 contre / 1 abstention.

Les fondateurs Danny Tze Ching Wong et Edwin Chun Yin Wong détiendront la totalité des 2 109 000 actions de Classe B, assurant un pouvoir de vote supérieur par rapport à la participation économique.

Am 7. August 2025 hielt die J-Long Group Ltd. (NASDAQ: JL) eine außerordentliche Hauptversammlung ab, bei der 2.187.636 Aktien (58,16 % des ausstehenden Kapitals) persönlich oder durch Bevollmächtigte vertreten waren. Die Aktionäre stimmten zwei Beschlüssen zu, die eine duale Kapitalstruktur schaffen und die Unternehmensdokumente aktualisieren.

  • Aktien-Neuzuordnung: Die genehmigten 136 Mio. Stammaktien werden in 133 Mio. Klasse-A-Aktien (je 1 Stimme) und 3 Mio. Klasse-B-Aktien (je 20 Stimmen) umgewandelt.
  • Umwandlung ausgegebener Aktien: 3.761.701 bestehende Aktien werden im Verhältnis 1:1 in 1.652.701 Klasse-A- und 2.109.000 Klasse-B-Aktien umgewandelt.
  • Governance-Aktualisierung: Eine zweite geänderte und neu gefasste Satzung, die die duale Struktur widerspiegelt, wurde angenommen.
  • Abstimmungsergebnisse: Vorschlag 1 wurde mit 2.142.578 Ja / 45.047 Nein / 11 Enthaltungen angenommen; Vorschlag 2 mit 2.142.587 Ja / 45.048 Nein / 1 Enthaltung.

Die Gründer Danny Tze Ching Wong und Edwin Chun Yin Wong halten alle 2.109.000 Klasse-B-Aktien und sichern sich damit eine überproportionale Stimmrechtsmacht im Vergleich zum wirtschaftlichen Eigentum.

Positive
  • Clarifies capital structure, potentially easing future equity financing through differentiated share classes.
  • Shareholder approval rate > 98 % indicates broad support or low opposition among represented shares.
Negative
  • Concentrates 20-vote Class B shares entirely with founders, severely limiting minority influence.
  • Dual-class structures can trigger governance discounts and reduce attractiveness to certain institutional investors.

Insights

TL;DR – Dual-class approval centralizes control in founders, elevating governance risk.

The EGM formalizes a capital split granting Class B shares 20 votes each. Founders gain decisive voting authority—≈42.2 M votes versus ≈1.65 M for public Class A holders—without increasing economic stake. Such structures often entrench management, reduce takeover discipline and can attract valuation discounts. While legally compliant and strongly supported (≈98 % of votes cast), minority investors now wield limited influence over strategic direction or future dilutive issuances.

TL;DR – Structural change is impactful but financially neutral; monitor governance premium.

No earnings or transaction data were disclosed; the filing strictly amends capital structure. The vote outcome signals shareholder acquiescence, likely due to the founders’ existing stakes. From a portfolio perspective, near-term cash flows remain unchanged, yet the shift could affect liquidity and index eligibility if voting-rights screens apply. Ongoing monitoring of management actions under strengthened control is warranted.

Il 7 agosto 2025, J-Long Group Ltd. (NASDAQ: JL) ha tenuto un'Assemblea Straordinaria, con 2.187.636 azioni (58,16% del capitale sociale) presenti di persona o per delega. Gli azionisti hanno approvato due delibere che istituiscono una struttura azionaria a doppia classe e aggiornano i documenti statutari.

  • Ridenominazione delle azioni: Le 136 milioni di azioni ordinarie autorizzate saranno riclassificate in 133 milioni di azioni di Classe A (1 voto ciascuna) e 3 milioni di azioni di Classe B (20 voti ciascuna).
  • Conversione delle azioni emesse: 3.761.701 azioni esistenti diventeranno 1.652.701 azioni di Classe A e 2.109.000 di Classe B in rapporto 1:1.
  • Aggiornamento della governance: È stato adottato un secondo Memorandum e Statuto modificato e aggiornato che riflette la struttura a doppia classe.
  • Risultati delle votazioni: Proposta 1 approvata con 2.142.578 voti favorevoli / 45.047 contrari / 11 astenuti; Proposta 2 approvata con 2.142.587 voti favorevoli / 45.048 contrari / 1 astenuto.

I fondatori Danny Tze Ching Wong ed Edwin Chun Yin Wong deterranno tutte le 2.109.000 azioni di Classe B, garantendo un potere di voto superiore rispetto alla quota economica posseduta.

El 7 de agosto de 2025, J-Long Group Ltd. (NASDAQ: JL) celebró una Junta General Extraordinaria, con 2.187.636 acciones (58,16 % del total en circulación) presentes en persona o por poder. Los accionistas aprobaron dos resoluciones que crean una estructura de capital de doble clase y actualizan los documentos de gobierno.

  • Reclasificación de acciones: Las 136 millones de acciones ordinarias autorizadas se reclasificarán en 133 millones de acciones Clase A (1 voto cada una) y 3 millones de acciones Clase B (20 votos cada una).
  • Conversión de acciones emitidas: 3.761.701 acciones existentes se convertirán en 1.652.701 Clase A y 2.109.000 Clase B en una proporción 1 a 1.
  • Actualización de la gobernanza: Se adoptó un segundo Memorando y Estatutos modificados y actualizados que reflejan la estructura de doble clase.
  • Resultados de la votación: Propuesta 1 aprobada con 2.142.578 votos a favor / 45.047 en contra / 11 abstenciones; Propuesta 2 aprobada con 2.142.587 votos a favor / 45.048 en contra / 1 abstención.

Los fundadores Danny Tze Ching Wong y Edwin Chun Yin Wong poseerán todas las 2.109.000 acciones Clase B, asegurando un poder de voto desproporcionado en relación con la propiedad económica.

2025년 8월 7일, J-Long Group Ltd. (NASDAQ: JL)은 임시 주주총회를 개최했으며, 2,187,636주(발행 주식의 58.16%)가 직접 또는 대리 참석했습니다. 주주들은 이중 클래스 자본 구조를 도입하고 정관을 업데이트하는 두 가지 결의를 승인했습니다.

  • 주식 재분류: 승인된 1억 3,600만 보통주는 1주당 1표인 1억 3,300만 클래스 A 주식과 1주당 20표인 300만 클래스 B 주식으로 재분류됩니다.
  • 발행 주식 전환: 기존 3,761,701주는 1대1 비율로 1,652,701주 클래스 A와 2,109,000주 클래스 B로 전환됩니다.
  • 거버넌스 업데이트: 이중 클래스 구조를 반영한 두 번째 개정 및 재작성된 정관이 채택되었습니다.
  • 투표 결과: 제안 1은 찬성 2,142,578표 / 반대 45,047표 / 기권 11표로 통과; 제안 2는 찬성 2,142,587표 / 반대 45,048표 / 기권 1표로 통과했습니다.

창립자 Danny Tze Ching Wong과 Edwin Chun Yin Wong은 모든 2,109,000주 클래스 B 주식을 보유하여 경제적 소유권에 비해 상당한 투표권을 확보하게 됩니다.

Le 7 août 2025, J-Long Group Ltd. (NASDAQ : JL) a tenu une assemblée générale extraordinaire, avec 2 187 636 actions (58,16 % des actions en circulation) présentes en personne ou par procuration. Les actionnaires ont approuvé deux résolutions créant une structure de capital à double catégorie et mettant à jour les documents de gouvernance.

  • Redésignation des actions : Les 136 millions d'actions ordinaires autorisées seront reclassées en 133 millions d'actions de Classe A (1 vote chacune) et 3 millions d'actions de Classe B (20 votes chacune).
  • Conversion des actions émises : 3 761 701 actions existantes deviendront 1 652 701 actions de Classe A et 2 109 000 actions de Classe B selon un ratio de 1 pour 1.
  • Mise à jour de la gouvernance : Un deuxième mémorandum modifié et statuts mis à jour reflétant la structure à double catégorie ont été adoptés.
  • Résultats des votes : Proposition 1 adoptée avec 2 142 578 pour / 45 047 contre / 11 abstentions ; Proposition 2 adoptée avec 2 142 587 pour / 45 048 contre / 1 abstention.

Les fondateurs Danny Tze Ching Wong et Edwin Chun Yin Wong détiendront la totalité des 2 109 000 actions de Classe B, assurant un pouvoir de vote supérieur par rapport à la participation économique.

Am 7. August 2025 hielt die J-Long Group Ltd. (NASDAQ: JL) eine außerordentliche Hauptversammlung ab, bei der 2.187.636 Aktien (58,16 % des ausstehenden Kapitals) persönlich oder durch Bevollmächtigte vertreten waren. Die Aktionäre stimmten zwei Beschlüssen zu, die eine duale Kapitalstruktur schaffen und die Unternehmensdokumente aktualisieren.

  • Aktien-Neuzuordnung: Die genehmigten 136 Mio. Stammaktien werden in 133 Mio. Klasse-A-Aktien (je 1 Stimme) und 3 Mio. Klasse-B-Aktien (je 20 Stimmen) umgewandelt.
  • Umwandlung ausgegebener Aktien: 3.761.701 bestehende Aktien werden im Verhältnis 1:1 in 1.652.701 Klasse-A- und 2.109.000 Klasse-B-Aktien umgewandelt.
  • Governance-Aktualisierung: Eine zweite geänderte und neu gefasste Satzung, die die duale Struktur widerspiegelt, wurde angenommen.
  • Abstimmungsergebnisse: Vorschlag 1 wurde mit 2.142.578 Ja / 45.047 Nein / 11 Enthaltungen angenommen; Vorschlag 2 mit 2.142.587 Ja / 45.048 Nein / 1 Enthaltung.

Die Gründer Danny Tze Ching Wong und Edwin Chun Yin Wong halten alle 2.109.000 Klasse-B-Aktien und sichern sich damit eine überproportionale Stimmrechtsmacht im Vergleich zum wirtschaftlichen Eigentum.

 

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

 

FORM 6-K

  

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16
OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of August, 2025

 

Commission File Number 001-41901

 

J-Long Group Limited
(Registrant’s Name)

 

Flat F, 8/F, Houston Industrial Building
32-40 Wang Lung Street, Tsuen Wan
New Territories, Hong Kong
(Address of principal executive office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F ☒           Form 40-F ☐

 

 

 

 

 

 

Submission of Matters to a Vote of Security Holders

 

On August 7, 2025, J-Long Group Limited (the “Company”) held the Company’s Extraordinary General Meeting (the “EGM”) at 11:00 a.m. (Hong Kong time and date) at Flat F, 8/F, Houston Industrial Building 32-40 Wang Lung Street, Tsuen Wan, New Territories, Hong Kong and virtually at https://teams.microsoft.com/l/meetup-join/19%3ameeting_OGIwZTAzMGEtZjBmOC00ZmVmLWEzZjUtZWZlZmRiOTFmN2U1%40thread.v2/0?context=%7b%22Tid%22%3a%227feca751-3788-4893-8bf5-66f40312825f%22%2c%22Oid%22%3a%220d37b1a4-fe0c-4017-adbe-1055b60bcb02%22%7d. On July 14, 2025 (the “Record Date”), the record date for the EGM, there were 3,761,701 of the Company’s Ordinary Shares outstanding and entitled to vote at the EGM. 2,187,636 Ordinary Shares, which represented 58.16% of the shares of the outstanding Ordinary Shares in the Company, were represented in person or by proxy.

 

Two items of business were acted upon by the Company’s shareholders at the EGM, each of which was approved by the shareholders:

 

1. “That:

 

  (a) the re-designation and re-classification of all of the 136,000,000 ordinary shares of a par value US$0.000375 each (the “Existing Shares”) in the share capital of the Company, whether issued or unissued, into 133,000,000 class A ordinary shares of a par value US$0.000375 each (the “Class A Ordinary Shares”) and 3,000,000 class B ordinary shares of a par value US$0.000375 each (the “Class B Ordinary Shares”) be and are hereby approved and confirmed, such that the authorized share capital of the Company shall be re-designated and re-classified into USD51,000.00 divided into 133,000,000 Class A Ordinary Shares, each entitled to one (1) vote, and 3,000,000 Class B Ordinary Shares, each entitled to twenty (20) votes (the “Share Re-Designation”);

 

  (b) upon the Share Re-Designation becoming effective, the currently issued 3,761,701 ordinary shares of a par value US$0.000375 each in the Company will be re-designated and re-classified into 1,652,701 Class A Ordinary Shares with 1 vote per Class A Ordinary Share and 2,109,000 Class B Ordinary Shares with 20 votes per Class B Ordinary Share on a one for one basis as set out in the table below: (c) the second amended and restated memorandum of association and articles of association of the Company (the “New M&A”) containing the amendments (shown as blackline) to the existing amended and restated memorandum of association and articles of association in the form set out in Annex I (without showing the blackline), be and are approved and adopted as the new memorandum of association and articles of association of the Company in substitution for and to the exclusion of the existing amended and restated memorandum of association and articles of association of the Company;

 

Name of Shareholder  Number of
Existing
Shares held
   Name of
Class A
Ordinary
Shares to
be held upon the
Share Re-Designation
becoming effective
   Number of
Class B
Ordinary
Shares to
be held upon the
Share Re-Designation
becoming effective
 
Danny Tze Ching Wong   1,809,000    N/A    1,809,000 
Edwin Chun Yin Wong   300,000    N/A    300,000 
CEDE & CO   1,652,701    1,652,701    N/A 

  

1

 

 

  (c) any director, company secretary, and/or the registered office provider of the Company be and is/are hereby authorized to do all such acts and things and execute all such documents, deeds and make all such arrangements that he/she shall, in his/her absolute discretion, deem necessary or expedient to give effect to the Share Re-Designation, including without limitation, updating the register of members of the Company, attending to the necessary filings with the Registrar of Companies in the Cayman Islands.”

 

2. “That upon the Share Re-Designation becoming effective,:

 

  (a) the proposed amendments to the amended and restated memorandum and articles of association of the Company (the “Proposed Amendments”) to reflect the dual-class share structure and set out the rights and privileges of Class A Ordinary Shares and Class B Ordinary Shares be and are hereby approved;

 

  (b) the second amended and restated memorandum and articles of association of the Company (incorporating the Proposed Amendments) (the “New Memorandum and Articles of Association”), a copy of which has been produced to this meeting and marked “A” and initialled by the chairman of the meeting for the purpose of identification, be and is hereby approved and adopted in substitution for, and to the exclusion of, the existing amended and restated memorandum and articles of association of the Company; and

 

  (c) any director, company secretary, and/or the registered office provider of the Company be and is/are hereby authorized to do all such acts and things and execute all such documents, deeds and make all such arrangements that he/she shall, in his/her absolute discretion, deem necessary or expedient to give effect to the Proposed Amendments and the adoption of the New Memorandum and Articles of Association, including without limitation, attending to the necessary filings with the Registrar of Companies in the Cayman Islands.”

 

The voting results were as follows:

 

   For   Against   Abstain 
Proposal 1   2,142,578    45,047    11 
Proposal 2   2,142,587    45,048    1 

  

2

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  J-Long Group Limited
   
  By: /s/ Edwin Wong
  Name:  Wong Edwin Chun Yin
  Title: Chief Executive Officer and Director

 

Date: August 8, 2025

 

 

3

 

FAQ

What did J-Long Group (JL) approve at the August 2025 EGM?

Creation of a dual-class share structure (Class A 1 vote, Class B 20 votes) and adoption of updated governing documents.

How many Class B shares will the founders of JL hold?

Danny Tze Ching Wong and Edwin Chun Yin Wong will hold 2,109,000 Class B shares in total.

What were the voting results for JL's Proposal 1?

Proposal 1 passed with 2,142,578 For, 45,047 Against, and 11 Abstain.

Does the 6-K include any financial performance data for JL?

No. The filing focuses solely on capital structure and governance amendments without earnings or revenue figures.

How many shares of JL were represented at the meeting?

A total of 2,187,636 Ordinary Shares, representing 58.16 % of outstanding shares.
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