Company: JL
Filing Date: 2025-05-20
Form Type: 20-F/A
Source: 0001213900-25-045507
Chunk: 182

Company: J-Long Group Ltd
Filing Date: 2025-05-20
Form: 20-F/A
Chunk 182
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 |     |     |   1,327,833 |   |     |     |   1,218,484 |   |
|                                                                              |     |                    |   1,289,396 |   |     |     |   1,442,843 |   |     |     |   1,364,435 |   |
| Supplementary Schedule of Non-Cash Investing and Financing Activities        |     |                    |             |   |     |     |             |   |     |     |             |   |
| Right-of-use assets obtained in exchange for new operation lease liabilities |     |                    |      42,209 |   |     |     |     710,437 |   |     |     |           — |   |
| Dividends declared and offset against amounts due from related parties       |     |                    |   2,948,718 |   |     |     |   2,423,077 |   |     |     |   3,922,795 |   |

The accompanying notes are an integral part of these consolidated financial statements. F - 6 J-LONG GROUP LIMITED
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEARS ENDED MARCH 31, 2024, 2023 AND 2022

1. Description of Business and Basis of Presentation

J-Long Group Limited (the “Company”)
was incorporated in the Cayman Islands on July 25, 2022 under the Companies Act as an exempted company with limited liability. The
Company conducts its primary operations of apparel trims solution services in Hong Kong through its indirectly held wholly owned
subsidiary that is incorporated and domiciled in Hong Kong, namely J-Long Limited (“JLHK”).

Details of the Company and
its subsidiaries are set out in the table as follows:

| Name                                          
 J-Long Group Limited (the “Company”)          
 Stratum Star Limited (“Stratum Star”)         |     | Date of           
 incorporation     
 July 25, 2022     
 August 24, 2022   |     | Percentage of       
 effective ownership 
 2023                
 Parent              
 100%                |     | 2024   
 Parent 
 100%   |     | Place of                   
 incorporation              
 Cayman Islands             
 The British Virgin Islands |     | Principal activities                   
 Investment holdings                    
 Investment holdings                    |
|:----------------------------------------------|:----|:------------------|:----|:--------------------