J-Long Group Ltd (JL) Form 6-K — Nov 9, 2026
J-Long Group filed a 6-K containing its AGM proxy materials for the meeting on November 20, 2026. The board asks shareholders to approve a roughly 15x increase in authorized share capital, from 133 million to 2 billion Class A shares and from 3 million to 200 million Class B shares. A companion special resolution would amend the articles so each Class B share carries 30 votes instead of the current allocation, while Class A shares retain one vote. Because two individuals, Danny Tze Ching Wong and Edwin Chun Yin Wong, already hold all Class B shares, this further entrenches insider control.
Key figures
- Notice period change
- 10 clear days to 5 clear days
- Class A authorized current
- 133000000
- Class B authorized current
- 3000000
- Class A authorized proposed
- 2000000000
- Class B authorized proposed
- 200000000
- Class B votes per share proposed
- 30
AI analysis
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