J-Long Group Ltd

Earnings data Q2 2024

J-Long Group Ltd. is a holding company, which engages in the provision of design and distribution services for reflective and non-reflective garment trims. It offers a wide range of apparel solution services to cater to customers' needs for reflective and non-reflective garment trims, ranging from market trend analysis, product design and development, and production to quality control. The company was founded on July 25, 2022 and is headquartered in Hong Kong.

Ordinary shares will continue to trade on the Nasdaq Global Market, and the Company's listing on such exchange is not affected by the receipt of the Notice

J-Long Group Limited Receives Nasdaq Deficiency Notice Regarding Minimum Bid Price Requirement

HONG KONG, March 25, 2024 (GLOBE NEWSWIRE) -- J-Long Group Limited (“JL” or the “Company”) (NASDAQ: JL), JL conducts its primary operations of apparel trims solution services in Hong Kong, today announced its unaudited financial results for the six months ended September 30, 2023. Overview: Revenue was approximately US$14.6 million for the six months ended September 30, 2023, representing a decrease of approximately 34.9% from the same period in 2022.

J-Long Group Limited Announces First Half 2024 Unaudited Financial Results

HONG KONG, Jan. 29, 2024 (GLOBE NEWSWIRE) -- J-Long Group Limited (Nasdaq: JL) (the “Company” or “J-Long”), an established distributor in Hong Kong of reflective and non-reflective garment trims, today announced the closing of its initial public offering (the “Offering”) of 1,400,000 ordinary shares at a public offering price of $5.00 per ordinary share. The aggregate gross proceeds from the Offering, before deducting underwriting discounts and other offering expenses, were $7,000,000. The Company's ordinary shares began trading on the Nasdaq Global Market on January 24, 2024, under the symbol “JL.”

J-Long Group Limited Announces Closing of its Initial Public Offering

J-Long Group Limited has filed for a micro-IPO to raise $7.0 million in gross proceeds from the sale of its common stock. The company distributes various types of garment trim products for the apparel industry. JL's revenue growth has stopped, and the performance of foreign emerging growth companies post-IPO has been poor.

IPO Update: J-Long Group Finalizes Micro-IPO Terms

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J-Long Group Limited plans to raise $15 million in an IPO of its ordinary shares, although the final figure may vary. The company distributes various types of garment trims in the apparel industry.

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