J-Long Group Limited Announces Share Repurchase Program

J-Long Group Limited (Nasdaq: JL) has announced a share repurchase program to buy back its Class A ordinary shares from the open market. The program, approved by the Board of Directors on September 15, 2025, authorizes the repurchase of shares up to an aggregate purchase price of US$5,000,000. The repurchases will be conducted over a six-month period through various methods, including open market purchases, privately negotiated transactions, block trades, and other legally permissible means. Deutsche Bank AG has been appointed as the broker to implement the program in accordance with U.S. federal securities laws and Nasdaq regulations. The purpose of the program is to reduce the issued share capital of the Company.