Company: JL
Filing Date: 2025-05-20
Form Type: 20-F/A
Source: 0001213900-25-045507
Chunk: 190

Company: J-Long Group Ltd
Filing Date: 2025-05-20
Form: 20-F/A
Chunk 190
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 their carrying value at the year end as the interest rates
used to discount the host contracts approximate market rates. The carrying amount of the long-term bank loan approximates its fair value
due to the fact that the related interest rate approximates the interest rates currently offered by financial institutions for similar
debt instruments of comparable maturities.

Investment in marketable debt
securities measured at fair value are classified in accordance with a valuation hierarchy that reflects the significance of the inputs
used in determining their fair value, as per ASC 820 Fair Value Measurement as below:

| March 31, 2023                                 |     | Total      
 Fair Value 
 USD        |         |     | Quoted    
 Prices in 
 Active    
 Markets   
 (Level 1) 
 USD       |         |     | Significant 
 Other       
 Observable  
 Inputs      
 (Level 2)   
 USD         |   |     | Significant  
 Unobservable 
 Inputs       
 (Level 3)    
 USD          |   |
|:-----------------------------------------------|:----|:-----------|--------:|:----|:----------|--------:|:----|:------------|:--|:----|:-------------|:--|
| Investment in marketable debt securities       |     |            | 243,284 |     |           | 243,284 |     |             | — |     |              | — |
| Total investment in marketable debt securities |     |            | 243,284 |     |           | 243,284 |     |             | — |     |              | — |

| March 31, 2024                                 |     | Total      
 Fair Value 
 USD        |       |     | Quoted    
 Prices in 
 Active    
 Markets   
 (Level 1) 
 USD       |       |     | Significant 
 Other       
 Observable  
 Inputs      
 (Level 2)   
 USD         |   |     | Significant  
 Unobservable 
 Inputs       
 (Level 3)    
 USD          |   |
|:-----------------------------------------------|:----|:-----------|------:|:----|:----------|------:|:----|:------------|:--|:----|:-------------|:--|
| Investment in marketable debt securities       |     |            | 2,275 |     |           | 2,275 |     |             | — |     |              | — |
| Total investment in marketable debt securities |     |            | 2,275 |     |           | 2,275