<SEC-DOCUMENT>0001213900-23-095882.txt : 20240130
<SEC-HEADER>0001213900-23-095882.hdr.sgml : 20240130
<ACCEPTANCE-DATETIME>20231215062939
<PRIVATE-TO-PUBLIC>
ACCESSION NUMBER:		0001213900-23-095882
CONFORMED SUBMISSION TYPE:	CORRESP
PUBLIC DOCUMENT COUNT:		2
FILED AS OF DATE:		20231215

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			J-Long Group Ltd
		CENTRAL INDEX KEY:			0001948436
		STANDARD INDUSTRIAL CLASSIFICATION:	RETAIL-APPAREL & ACCESSORY STORES [5600]
		ORGANIZATION NAME:           	07 Trade & Services
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			E9

	FILING VALUES:
		FORM TYPE:		CORRESP

	BUSINESS ADDRESS:	
		STREET 1:		FLAT D-F, 8/F, HOUSTON IND. BLDG.
		STREET 2:		32-40 WANG LUNG ST.
		CITY:			TSUEN WAN, N.T.
		STATE:			K3
		ZIP:			0000
		BUSINESS PHONE:		852-2408-0077

	MAIL ADDRESS:	
		STREET 1:		FLAT D-F, 8/F, HOUSTON IND. BLDG.
		STREET 2:		32-40 WANG LUNG ST.
		CITY:			TSUEN WAN, N.T.
		STATE:			K3
		ZIP:			0000
</SEC-HEADER>
<DOCUMENT>
<TYPE>CORRESP
<SEQUENCE>1
<FILENAME>filename1.htm
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="margin: 0">&nbsp;<IMG SRC="img_001.jpg" ALT=""></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">December 15, 2023</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Via Edgar&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Division of Corporation Finance</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Office of Trade &amp; Services</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">U.S. Securities and Exchange Commission</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">100 F Street, NE</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Washington, D.C., 20549</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; width: 12%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Attention</FONT></TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="text-align: justify; width: 86%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Rucha Pandit</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Donald Field</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Re:</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>J-Long Group Limited&nbsp;</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Amendment No. 4 to Registration Statement on Form F-1</B>&nbsp;</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Ladies and Gentlemen:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">On behalf of our client, J-Long
Group Limited, a foreign private issuer organized under the laws of the Cayman Islands (the &ldquo;<B>Company</B>&rdquo;), we submit to
the staff (the &ldquo;<B>Staff</B>&rdquo;) of the Securities and Exchange Commission (the &ldquo;<B>Commission</B>&rdquo;) this letter
setting forth the Company&rsquo;s response to the comments contained in the Staff&rsquo;s letter dated December 13, 2023 on the Company&rsquo;s
registration statement on Form F-1 submitted on December 7, 2023. Concurrently with the submission of this letter, the Company is submitting
its revised registration statement on Form&nbsp;F-1 (the &ldquo;<B>Revised Registration Statement</B>&rdquo;) and certain exhibits via
EDGAR to the Commission.&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The Staff&rsquo;s comments
from its letters dated December 13, 2023 is repeated below in bold and followed by the Company&rsquo;s responses. We have included page
numbers to refer to the location in the Revised Registration Statement where the language addressing the comments appears. Capitalized
terms used but not otherwise defined herein have the meanings set forth in the Revised Registration Statement.&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">K&amp;L GATES, SOLICITORS</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="text-transform: uppercase">44th Floor
Edinburgh Tower The Landmark 15 Queen&rsquo;s Road Central Hong Kong</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="text-transform: uppercase">&#39640;&#33995;&#33576;&#24459;&#24107;&#20107;&#21209;&#25152;
&#39321;&#28207;&#20013;&#29872;&#30343;&#21518;&#22823;&#36947;&#20013;15&#34399; &#32622;&#22320;&#24291;&#22580;&#20844;&#29237;&#22823;&#24264;44&#27155;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">T +852 2230 3500 F +852 2511 9515 klgates.com</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD>Partners</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 27%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"> Neil CAMPBELL</FONT></TD>
    <TD STYLE="width: 6%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#29976;&#23542;&#38728;</FONT></TD>
    <TD STYLE="width: 19%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">William Z. HO</FONT></TD>
    <TD STYLE="width: 6%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#20309;&#24535;&#28149;</FONT></TD>
    <TD STYLE="width: 17%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Virginia M.L. TAM</FONT></TD>
    <TD STYLE="width: 6%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#35674;&#25935;&#20142;</FONT></TD>
    <TD STYLE="width: 19%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Sook Young YEU</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#21570;&#28113;&#27054;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Michael K.S. CHAN</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#38515;&#22283;&#28147;</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Jay J. LEE</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#26446;&#20877;&#28009;</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Choo Lye TAN</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#38515;&#29664;&#33802;</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Eugene Y.C. YEUNG</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#26954;&#30591;&#30693;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Sacha M. CHEONG</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#25991;&#37670;&#26126;</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Iris M.K. LEUNG</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#26753;&#32654;&#29738;</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Vincent S.K. TSO</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#26361;&#32057;&#22522;</FONT></TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Jay C. CHIU</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#37041;&#24535;&#34281;</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Scott D. PETERMAN</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#30050;&#24503;&#27665;</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Christopher TUNG</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#33891;&#24421;&#33775;</FONT></TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Paul R. HASWELL</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#20309; &#23041;</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Carolyn H.L. SNG</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#23403;&#24935;&#34030;</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Frank VOON</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#28331;&#21295;&#28304;</FONT></TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Registered Foreign Lawyer (PRC)</FONT></TD>
    <TD COLSPAN="3"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Registered Foreign Lawyer (California (USA))</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Amigo L. XIE</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#35613;&#23888;</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Roberta A. CHANG</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#24373; &#23433;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><P STYLE="text-align: center; margin-top: 0pt; margin-bottom: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><U>Amendment No.3 to Registration Statement on Form F-1</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><U>Cover Page</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>1.</B></FONT></TD>
    <TD>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>We note your conclusion that, &ldquo;[b]ased
    on management&rsquo;s internal assessment . . . JL, Sun Choice, and our operating subsidiary, JLHK, are not required to obtain any permissions
    or approvals from any Chinese authorities to operate their business as of the date of this prospectus.&rdquo; In this regard, we note that
    you do not appear to have relied upon an opinion of counsel with respect to your conclusion that you do not need any PRC permissions and
    approvals to operate your business and to offer securities to investors. If true, state as much and explain why such an opinion was not
    obtained. Additionally, please make conforming revisions to the section captioned &ldquo;Permission Required from Hong Kong and PRC Authorities&rdquo;
    starting on page 15 and the resale prospectus cover page.&nbsp;</B></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Response: In response to the Staff&rsquo;s comment, the Company has revised the referenced disclosure on the prospectus cover page, page 16, page
138, the resale prospectus cover page and page alt-8 of the Revised Registration Statement.</P></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Very truly yours,</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1.5pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ Virginia Tam</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 60%">&nbsp;</TD>
    <TD STYLE="width: 5%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name:&nbsp;</FONT></TD>
    <TD STYLE="width: 35%">Virginia Tam</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

<!-- Field: Rule-Page --><DIV STYLE="width: 100%"><DIV STYLE="font-size: 1pt; border-top: Black 1.5pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>2
<FILENAME>img_001.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 img_001.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  @&!@<&!0@'!P<)"0@*#!0-# L+
M#!D2$P\4'1H?'AT:'!P@)"XG("(L(QP<*#<I+# Q-#0T'R<Y/3@R/"XS-#+_
MVP!# 0@)"0P+#!@-#1@R(1PA,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R
M,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C+_P  1" !S (P# 2(  A$! Q$!_\0
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M?X44 %'-%+0 GI11Z4>GXT %(*6D% "]S11W-% !Z?2BCT^E% !12'K2GM0
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MDOI7TRWEMK0XV1SMO9?7)[UL:+XG%CISZ/JMBFJ:3(Y;[.[[7B;^\C=JYW%
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C2T44 %'<T44 %(>E%% "?P4=A110 >M+Z444 ':BBB@#_]D!

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
