Company: JL
Filing Date: 2025-05-20
Form Type: 20-F/A
Source: 0001213900-25-045507
Chunk: 205

Company: J-Long Group Ltd
Filing Date: 2025-05-20
Form: 20-F/A
Chunk 205
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 related
parties, net, consists of the following:

|                                       |     |     As of 
 March 31, |        |     |      |        |
|                                       |     |      2023 |        |     | 2024 |        |
|                                       |     |       USD |        |     |  USD |        |
| Accounts receivable – related parties |     |           | 17,562 |     |      | 33,294 |
| Less: allowance for credit loss       |     |           |      - |     |      |      - |
| Accounts receivable, net              |     |           | 17,562 |     |      | 33,924 |

The movements in the allowance
for credit loss for the years ended March 31, 2023 and 2024 were as follows:

|                                  |     | For the year ended 
 March 31,          |    2023 |   |     |     |   2024 |   |
|:---------------------------------|:----|:-------------------|--------:|:--|:----|:----|-------:|:--|
|                                  |     | USD                |         |   |     | USD |        |   |
| Balance at beginning of the year |     |                    |  36,187 |   |     |     | 36,187 |   |
| Current provision (recoveries)   |     |                    |  25,987 |   |     |     | (8,782 | ) |
| Written off                      |     |                    | (25,987 | ) |     |     | (4,611 | ) |
| Balance at end of the year       |     |                    |  36,187 |   |     |     | 22,794 |   |

F - 22 J-LONG GROUP LIMITED
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEARS ENDED MARCH 31, 2024, 2023 AND 2022

5. INVENTORIES

Inventories consisted of the
following:

|                      |     |     As of 
 March 31, |           |   |     |      |           |   |
|                      |     |      2023 |           |   |     | 2024 |           |   |
|                      |     |       USD |           |   |     |  USD |           |   |
| Finished