Company: JL
Filing Date: 2025-07-28
Form Type: 20-F
Source: 0001213900-25-068049
Chunk: 120

Company: J-Long Group Ltd
Filing Date: 2025-07-28
Form: 20-F
Item: Item 5
Chunk 120
---
 foreseeable future. While we normally
procure inventories based on orders received, there are certain types of material which are most popular and we buy in bulk orders for
better pricing and speedy order fulfilment. For the pre-order materials, we review the inventory quantities and the market trend for
inventory impairment at year-end. The estimated net realizable value is determined based on the recent and estimated selling prices of
inventory.

Contractual
Obligations

The
following table summarizes our contractual obligations as of March 31, 2025:

                                Payment due by period                                                                              
                                Less than                               1 to 3                   3 to 5      More than      Total  
                                US$                                     US$                      US$         US$            US$    
  Contractual Obligations:                                                                                                         
  Operating leases                                         478,262                  448,534                                        
  Bank loans                                               685,016                  706,811                                        

ITEM
6. DIRECTORS, SENIOR MANAGEMENT AND KEY EMPLOYEES