Company: JL
Filing Date: 2025-07-28
Form Type: 20-F
Source: 0001213900-25-068049
Chunk: 209

Company: J-Long Group Ltd
Filing Date: 2025-07-28
Form: 20-F
Item: Item 18
Chunk 209
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 USD76,923and USD64,103for the fiscal
years ended March 31, 2023, 2024 and 2025, respectively.

F-25

J-LONG GROUP LIMITED

9. BANK LOANS

The Company’s bank
loans which are all denominated in HKD, consist of:

                                                                 Interest         Maturity           As of                                              
                                                                                                     March 31,                                          
                                                   Type          rate             dates              2024                          2025                 
 ────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
                                                                                                     USD                           USD                  
  Long-term borrowings:                                                                                                                                 
  Hang Seng Bank Limited                           Mortgage      HIBOR+ 1.6%      March 2027                          441,402                  302,685  
  Hang Seng Bank Limited                           Mortgage      HIBOR+ 1.6%      March 2027                          712,018                  488,257  
  Hang Seng Bank Limited                           Mortgage      HIBOR+ 1.6%      March 2027                          196,653                  134,852  
  Hang Seng Bank Limited                           Mortgage      HIBOR+ 1.4%      December 2026                       283,200                  185,250  
  Hang Seng Bank Limited                           Mortgage      HIBOR+ 1.6%      April 2027                          403,969                  280,783  
                                                                                                                    2,037,242                1,391,827  
  Current portion of long-term borrowings                                                                             655,492                  685,016  
  Non-current portion of long-term borrowings                                                                       1,381,750                  706,811  

Annual maturities of the
Company’s long-term debt which comprise the loan principal payment during the next five years following March 31, 2024 and thereafter
are as follows:

                             Annual                     
                             USD                        
  Year ending March 31,                                 
  2025                                         655,492  
  2026                                         694,862  
  2027                                         674,982  
  2028                                          11,906  
  2029 and Thereafter                                —  
                                             2,037,242  

Annual maturities of the
Company’s long-term debt which comprise the loan principal payment during the next five years following March 31, 2025 and thereafter
are