Company: JL
Filing Date: 2025-04-03
Form Type: 20-F/A
Source: 0001213900-25-028675
Chunk: 168

Company: J-Long Group Ltd
Filing Date: 2025-04-03
Form: 20-F/A
Chunk 168
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| RMB              |     |                                          |         5,360,038 |     |                                                    | 268,002 |     |                                                    | -268,002 |     |                                          |         7,753,877 |     |                                                    | 387,694 |     |                                                    | -387,694 |     |                                          |           910,501 |     |                                                    | 45,525 |     |                                                    | -45,525 |

We currently do not have a foreign currency hedging policy. However, management monitors foreign exchange exposure and will consider hedging significant foreign exchange exposure should the need arise. Price Risk We held investment in marketable debt securities which are exposed to market price fluctuation risk. To manage this risk, our management continuously monitors the financial condition of the security issuers and market price fluctuations. Appropriate actions including selling the position will be taken should the need arise. For the years ended March 31, 2022, 2023 and 2024, losses resulting from the impairment of investment in marketable debt securities to reflect the decline in value considered to be other-than-temporary were nil, US$60,754 and US$42,291, respectively. Interest Rate Risk Our exposure to the risk of changes in market interest rates relates primarily to our bank borrowings with floating interest rates and our investment in marketable debt securities. Our policy is to obtain the most favorable interest rates available for our borrowings. Management monitors interest rate exposure and will consider hedging significant interest rate exposures should the need arise. For our investment in marketable debt securities, our management considers the investment objective with respect to the position of the investment and monitors the impact on market price due to changes in interest rate. The following table presents the potential effects on net interest income or expenses of a hypothetical change of +/- 250 bps in year-end interest rates, applied to the Company’s bank borrowings and cash and cash equivalents.

|                                                 | For the year ended March 31, 2022 |     |                                    |        |     |                                    |       |     |                                                 | For the year ended March 31, 2023 |     |                                    |        |     |                                    |       |     |                                                 | For the year ended March 31, 2024 |     |                                    |        |     |                                    |       |
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