Company: JL
Filing Date: 2025-05-20
Form Type: 20-F/A
Source: 0001213900-25-045507
Chunk: 204

Company: J-Long Group Ltd
Filing Date: 2025-05-20
Form: 20-F/A
Chunk 204
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 table presents
a rollforward of the changes in allowance for credit losses on available for sale fixed maturity securities by major investment category:

| Years ending March 31,                                                        |     | 2023  
 Total |         |
|:------------------------------------------------------------------------------|:----|:------|--------:|
|                                                                               |     | USD   |         |
| Balance, beginning of year                                                    |     |       |  93,596 |
| Additions:                                                                    |     |       |         |
| Securities for which allowance for credit losses were not previously recorded |     |       |  60,754 |
| Balance, end of year                                                          |     |       | 154,350 |

F - 21 J-LONG GROUP LIMITED
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEARS ENDED MARCH 31, 2024, 2023 AND 2022 3. INVESTMENT IN MARKETABLE DEBT SECURITIES(cont.)

| Years ending March 31,                                                        |     | 2024  
 Total |         |
|:------------------------------------------------------------------------------|:----|:------|--------:|
|                                                                               |     | USD   |         |
| Balance, beginning of year                                                    |     |       | 154,350 |
| Additions:                                                                    |     |       |         |
| Securities for which allowance for credit losses were not previously recorded |     |       |  42,291 |
| Balance, end of year                                                          |     |       | 196,641 |

4. ACCOUNTS RECEIVABLE, NET

Accounts receivable —
third parties, net, consists of the following:

|                                     |     |     As of 
 March 31, |           |   |     |      |           |   |
|                                     |     |      2023 |           |   |     | 2024 |           |   |
|                                     |     |       USD |           |   |     |  USD |           |   |
| Accounts receivable – third parties |     |           | 2,121,963 |   |     |      | 2,372,168 |   |
| Less: allowance for credit loss     |     |           |   (36,187 | ) |     |      |   (22,794 | ) |
| Accounts receivable, net            |     |           | 2,085,776 |   |     |      | 2,349,374 |   |

Accounts receivable-