Company: JL
Filing Date: 2025-04-03
Form Type: 20-F/A
Source: 0001213900-25-028675
Chunk: 176

Company: J-Long Group Ltd
Filing Date: 2025-04-03
Form: 20-F/A
Chunk 176
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     |   5,959,927 |   |
| Cash and cash equivalents and restricted cash as of the end of the year      |     |                    |   7,362,748 |   |     |     |   5,959,927 |   |     |     |   5,161,818 |   |
| Supplementary Cash Flows Information                                         |     |                    |             |   |     |     |             |   |     |     |             |   |
| Cash paid for interest                                                       |     |                    |      75,416 |   |     |     |     115,010 |   |     |     |     145,951 |   |
| Cash paid for income tax                                                     |     |                    |   1,213,980 |   |     |     |   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
subs