Company: JL
Filing Date: 2025-05-20
Form Type: 20-F/A
Source: 0001213900-25-045507
Chunk: 214

Company: J-Long Group Ltd
Filing Date: 2025-05-20
Form: 20-F/A
Chunk 214
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,109,768 |     |      | 575,341 |

F - 31 J-LONG GROUP LIMITED
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEARS ENDED MARCH 31, 2024, 2023 AND 2022 18. RELATED PARTY TRANSACTIONS(cont.)

The advance due from related
parties were unsecured, interest free and without fixed terms of repayment.

The outstanding amount due from the related parties as of March 31, 2024, USD 575,341have been settled to the date of this annual report.

| c. | Accounts payable — related parties |

Related parties consisted of the following:

|                                                    |     |     As of 
 March 31, |           |     |      |           |
|                                                    |     |      2023 |           |     | 2024 |           |
|                                                    |     |       USD |           |     |  USD |           |
| Name                                               |     |           |           |     |      |           |
| Guangdong Rongmian Accessories Technology Co., Ltd |     |           |   506,275 |     |      |   807,681 |
| New Sole (Shanghai) Technology Ltd                 |     |           | 1,783,376 |     |      |   105,767 |
| Jiaxing Newsole Reflective Material Co., Ltd.      |     |           |    92,421 |     |      |   235,981 |
| Total account payable – related parties            |     |           | 2,382,072 |     |      | 1,149,429 |

| d. | Due to related parties |

Related parties consisted of the following:

|                              |     |     As of 
 March 31, |         |     |      |         |
|                              |     |      2023 |         |     | 2024 |         |
|                              |     |       USD |         |     |  USD |         |
| Name                         |     |           |         |     |      |         |
| Mr. Danny Tze Ching Wong     |     |           |       — |     |      | 347,761 |
| Mr. Edwin Chun Yin Wong      |     |           |  15,375 |     |      |       — |
| Ms. Lui Wai Fun              |     |           |   6,410 |     |