Company: JL
Filing Date: 2025-04-03
Form Type: 20-F/A
Source: 0001213900-25-028675
Chunk: 74

Company: J-Long Group Ltd
Filing Date: 2025-04-03
Form: 20-F/A
Chunk 74
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D, RMB or USD. In determining our quote, we take into account the costs of materials, the quantity of the purchase orders, the complexity of the product design, delivery costs, the costs of the converted products quoted by the manufacturing services suppliers (if applicable) and the estimated time required. Customers Our customers mainly consist of (i) owners of apparel brands; (ii) apparel manufacturers that manufacture apparel products for owners of apparel brands; and (iii) local buying offices of apparel brands. We do not enter into long-term agreements with our customers, which is in line with the common industry practice. In a typical sales transaction, our customers will place a purchase order with us, and we will confirm the purchase by issuing a confirmation in return. Set out below are the salient terms of a sales transaction:

| Product description |     | A brief description of the product, the product design and specification, materials to be used, color and size                                                                                                                                                                              |
| Order details       |     | The number of pieces for each color and/or size, the currency, the unit price, the purchase order code and the total amount                                                                                                                                                                 |
| Payment terms       |     | We generally require our customers to settle in full by letter of credit upon delivery of goods. We may also grant a credit period of up to 30 days to our major customers based on factors such as years of business relationship with the customer, their reputation and payment history. |
| Delivery details    |     | The estimated delivery time, which usually ranges from approximately two to eight weeks from the date of the purchase order depending on the quantity of the order and the type of products                                                                                                 |

Product Returns and Warranty We do not have a product warranty policy. As a general policy, we accept product returns due to defects caused by us after conducting an investigation to ascertain the cause of the defects. Depending on the circumstances of each case, we may replace the defective products or may issue a refund to our customer if the defect is caused by us. Upon receiving a complaint from our customer in relation to a potential product defect, we will perform proper inspection and examination of the defective products such as by comparing the defective products to our sample products. We did not record any material sales returns nor were we subject to any material product liability claims during the years ended March 31, 2024 and 2023. 44 Sales and Marketing Team We conduct our sales and marketing through our sales and marketing team in Hong Kong and also through the sales and marketing services consultants that we have engaged for