Company: JL
Filing Date: 2025-04-03
Form Type: 20-F/A
Source: 0001213900-25-028675
Chunk: 197

Company: J-Long Group Ltd
Filing Date: 2025-04-03
Form: 20-F/A
Chunk 197
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718 |     |            | 496 |     |                   | — |     |            | — |     |       | 198,718 |     |            | 496 |

| March 31, 2024    |     | Less than 12 months 
 Fair                
 Value               |     | Unrealized 
 Losses,    
 before tax |     | 12 Months or more 
 Fair              
 Value             |     | Unrealized 
 Losses,    
 before tax |     | Total 
 Fair  
 Value |     | Unrealized 
 Losses,    
 before tax |
|:------------------|:----|:--------------------|:----|:-----------|:----|:------------------|:----|:-----------|:----|:------|:----|:-----------|
|                   |     | USD                 |     | USD        |     | USD               |     | USD        |     | USD   |     | USD        |
| Corporate Bonds   |     | —                   |     | —          |     | —                 |     | —          |     | —     |     | —          |
| Total Investments |     | —                   |     | —          |     | —                 |     | —          |     | —     |     | —          |

| (1) | The                                                                                                                                              
 Company recorded an unrealized loss before tax of USD7,388 and unrealized loss before tax of nil for the year ended 2023 and 2024, respectively, 
 which is included in other comprehensive income.                                                                                                 |

F - 20 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.)

The management assesses whether
it is likely the Company will have to sell the security prior to recovery, or it expects to be able to hold the security until the price
recovers. Based on evaluation of available evidence, including recent changes in market interest rates, credit rating information and information obtained from regulatory filings, we believe the declines in fair value for the bond are other than temporary. Declines in fair values that are considered other-than-temporary due to credit risk are recorded as an impairment loss in the Consolidated Statements of Operations and Comprehensive Income.

The Bonds was issued by the
listed company and the fair value was determined based on the market price in active market. The