Company: JL
Filing Date: 2025-07-28
Form Type: 20-F
Source: 0001213900-25-068049
Chunk: 191

Company: J-Long Group Ltd
Filing Date: 2025-07-28
Form: 20-F
Item: Item 18
Chunk 191
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 of the total consolidated accounts receivable, respectively. The details
are as follows:

                         As                            
                         of                            
                  March 31,                            
                       2024              2025          
 ───────────────────────────────────────────────────────
  Customer C                     24                11  
  Customer D                      0                 4  

For the years ended
March 31, 2025, 2024 and 2023, there were two, three and four suppliers which accounted for over 10% of the total purchases, respectively.
The details are as follows:

                       As of                  
                   March 31,                  
                        2023                  
 ──────────────────────────────────────────────
  Supplier A              11       8       4  
  Supplier B              22      20      14  
  Supplier C#             24      29      29  
  Supplier D#             10       2       8  
  Supplier E               5      11       6  

  Those suppliers are related to the Company  

As of March 31, 2025
and 2024, there were two and three suppliers which accounted for over 10% of the total consolidated accounts payable, respectively. The
details are as follows:

                       As of          
                   March 31,          
                        2024          
 ──────────────────────────────────────
  Supplier A               7       5  
  Supplier B              13       7  
  Supplier C#             32      41  
  Supplier D#              9      10  
  Supplier E              17       1  

  Those suppliers are related  

F-10

J-LONG GROUP LIMITED

2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES(cont.)

Credit Risk

Credit risk is the potential
financial loss to the Company resulting from the failure of a customer or a counterparty to settle its financial and contractual obligations
to the Company, as and when they fall due. As the Company does not hold any collateral, the maximum exposure to credit risk is the carrying
amounts of accounts and other receivables (exclude prepayments), notes receivable, investment in marketable debt securities, due from
related parties and cash and bank deposits and restricted cash presented on the consolidated statements of financial position. The Company
has no other financial assets which carry significant exposure to credit risk.

Interest Rate Risk

The Company is exposed to
interest rate risk primarily relates to the