# EDGAR Filing Document

**Accession Number:** 0001948436
**File Stem:** 0001213900-25-124918
**Filing Date:** 2025-12
**Character Count:** 28537
**Document Hash:** e1333ebf3e8b0bb31f0878b84a8d6919
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001213900-25-124918.hdr.sgml**: 20251223

**ACCESSION NUMBER**: 0001213900-25-124918

**CONFORMED SUBMISSION TYPE**: 6-K

**PUBLIC DOCUMENT COUNT**: 3

**CONFORMED PERIOD OF REPORT**: 20251223

**FILED AS OF DATE**: 20251223

**DATE AS OF CHANGE**: 20251223

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** J-Long Group Ltd
- **CENTRAL INDEX KEY:** 0001948436
- **STANDARD INDUSTRIAL CLASSIFICATION:** RETAIL-APPAREL & ACCESSORY STORES [5600]
- **ORGANIZATION NAME:** 07 Trade & Services
- **EIN:** 000000000
- **STATE OF INCORPORATION:** E9

**FILING VALUES:**
- **FORM TYPE:** 6-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-41901
- **FILM NUMBER:** 251595265

**BUSINESS ADDRESS:**
- **STREET 1:** FLAT D-F, 8/F, HOUSTON IND. BLDG.
- **STREET 2:** 32-40 WANG LUNG ST.
- **CITY:** TSUEN WAN, N.T.
- **STATE:** K3
- **ZIP:** 0000
- **BUSINESS PHONE:** 852-2408-0077

**MAIL ADDRESS:**
- **STREET 1:** FLAT D-F, 8/F, HOUSTON IND. BLDG.
- **STREET 2:** 32-40 WANG LUNG ST.
- **CITY:** TSUEN WAN, N.T.
- **STATE:** K3
- **ZIP:** 0000

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM 6-K**

**REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16**

**OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934**

For the month of December, 2025

Commission File Number 001-41901

**J-Long Group Limited**

(Registrant's Name)

**3A, Hong Kong Spinners Industrial Building (Phase 1&2) <br> No. 800, Cheung Sha Wan Road <br> Kowloon, Hong Kong**

(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F ☒ Form 40-F ☐

**INFORMATION CONTAINED IN THIS REPORT ON FORM 6-K**

**<u>Press Release</u>**

On December 23, 2025, J-Long Group Limited (the "Company") announced its interim financial results as of and for the six-month period ended September 30, 2025 ("Interim Results").

The information disclosed under on this Form 6-K is being furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall it be incorporated by reference into any registration statement or other document pursuant to the Securities Act of 1933, as amended, except as expressly set forth in such filing.

A copy of the press release announcing the Interim Results is included as Exhibit 99.1 to this Form 6-K.

**<u>Interim Financial Report</u>**

REPORT ON FORM 6-K FOR THE SIX-MONTH PERIOD ENDED SEPTEMBER 30, 2025

---

| | |
|:---|:---|
|  | **Page** |
| [Unaudited Consolidated Balance Sheet as of September 30, 2025 and Audited Consolidated Balance Sheet as of March 31, 2025](#a_001) | 2 |
| [Unaudited Consolidated Statements of Income and Comprehensive Income for the Six-Month Periods Ended September 30, 2025 and 2024](#a_002) | 3 |

---

**J-LONG GROUP LIMITED<br> UNAUDITED CONSOLIDATED BALANCE SHEETS**

---

| | | |
|:---|:---|:---|
|  | **As of** | **As of** |
|  | **March 31,**<br>**2025** | **September 30,**<br>**2025** |
|  | **USD** | **USD** |
|  | **(Audited)** | **(Unaudited)** |
| **Assets** |  |  |
| **Current assets:** |  |  |
| Cash and cash equivalents | 10669134 | 11358839 |
| Accounts receivable, net | 3102393 | 4231847 |
| Investment in marketable debt securities | 2220 | 2220 |
| Inventories | 3066276 | 3163816 |
| Notes receivable | 103522 |  |
| Prepaid expenses and other current assets, net | 2027376 | 1615100 |
| Due from related parties | 4634 | - |
| **Total current assets** | 18975555 | 20371822 |
| Property, plant and equipment, net | 3224673 | 3493481 |
| Right-of-use assets – Operating lease | 983097 | 1531941 |
| Other non-current assets | 178786 | 174713 |
| Deferred tax assets | 92026 | 92026 |
| **Total non-current assets** | 4478582 | 5292161 |
| **TOTAL ASSETS** | 23454137 | 25663983 |
| **Liabilities** |  |  |
| **Current liabilities:** |  |  |
| Bank loans – current | 685016 | 702949 |
| Operating lease liabilities – current | 153579 | 435701 |
| Operating lease liabilities – current – related parties | 251567 | 149188 |
| Accounts payable | 1964406 | 1716120 |
| Accounts payable – related parties | 2302962 | 1779196 |
| Accruals and other current liabilities | 679227 | 787799 |
| Contract liabilities | 427110 | 140235 |
| Loans from related parties | 200000 | 429175 |
| Due to related parties |  | 43628 |
| Income tax payable | 423693 | 1105748 |
| **Total current liabilities** | 7087560 | 7289739 |
| **Non-current liabilities** |  |  |
| Bank loans – non-current | 706811 | 345859 |
| Operating lease liabilities – non-current | 593749 | 989656 |
| Operating lease liabilities – non-current – related parties | 21617 | - |
| **Total non-current liabilities** | 1322177 | 1335515 |
| **TOTAL LIABILITIES** | 8409737 | 8625254 |
| **Shareholders' equity** |  |  |
| Class A ordinary shares (US$0.000375 par value each; 133,000,000 shares authorized; 1,652,701 shares issued and outstanding respectively) <sup>(1)</sup> | 1410 | 615 |
| Class B ordinary shares ($US$0.000375 par value per share, 3,000,000 shares authorized; 2,109,000 issued and outstanding as of September 30, 2025) <sup>(1)</sup> |  | 795 |
| Additional Paid-in Capital | 6193646 | 6193646 |
| Accumulated other comprehensive income/(loss) | (23364) | (86874) |
| Non-controlling interests | 405122 | 388585 |
| Treasury stock<sup>(2)</sup> |  | (245037) |
| Retained earnings | 8467586 | 10786999 |
| **Total shareholders' equity** | 15044400 | 17038729 |
| **TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY** | 23454137 | 25663983 |

---

**(1) Retroactively adjusted for the effects of the Share Re-designation and Re-classification:**

On August 7, 2025, the Company implemented the re-designation and re-classification of its issued and unissued ordinary shares of par value US$0.000375 each in the share capital of the Company into Class A ordinary shares (1 vote per share) and Class B ordinary shares (20 votes per share), effective the same day. As a result, the 136,000,000 ordinary shares in the share capital of the Company were re-designated into 133,000,000 Class A ordinary shares and 3,000,000 Class B ordinary shares, and all the then issued 3,761,701 ordinary shares were concurrently re-designated and re-classified on a one-for-one basis into 1,652,701 Class A ordinary shares and 2,109,000 Class B ordinary shares.

**(2) Share Repurchase Program:**

On September 15, 2025, the board of directors of the Company approved a share repurchase program authorizing the repurchase of up to US$5,000,000 of the Company's Class A ordinary shares in the open market over the next six months. The Company has commenced repurchases under the program.

**J-LONG GROUP LIMITED** 

**UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS**

**AND COMPREHENSIVE INCOME**

---

| | | |
|:---|:---|:---|
|  | **For the six months ended<br> September 30,** | **For the six months ended<br> September 30,** |
|  | **2024** | **2025** |
|  | **USD** | **USD** |
|  | **(Unaudited)** | **(Unaudited)** |
| **Revenues** | 19024229 | 22699837 |
| Cost of sales | 13735774 | 15620656 |
| Gross profit | 5288455 | 7079181 |
| Operating expenses: |  |  |
| Selling and marketing expenses | 916174 | 1978757 |
| General and administrative expenses | 1981326 | 2641384 |
| Total operating expenses | 2897500 | 4620141 |
| Income from operations | 2390955 | 2459040 |
| Other income, net: |  |  |
| Other income | 172783 | 256991 |
| Currency exchange gain | 273999 | 298708 |
| Interest expenses | (57540) | (35221) |
| Total other income, net | 389242 | 520478 |
| Income before tax expense | 2780197 | 2979518 |
| Income tax expense | 471820 | 676643 |
| **Net income attributable to ordinary shareholders** | 2308377 | 2302875 |
| Net income (loss) attributable to non-controlling interest |  | (16538) |
| **Net income attributable to J-LONG GROUP LIMITED** | 2308377 | 2319413 |
| **Other comprehensive income/(loss)** |  |  |
| Foreign currency translation adjustments | - | (36176) |
| **Total other comprehensive income** | 2308377 | 2283237 |
| **Comprehensive income attributable to ordinary shareholders** | 2308377 | 2283237 |
| Comprehensive income attributable to non-controlling interest | - | (16538) |
| **Total comprehensive income attributable to J-LONG GROUP LIMITED** | 2308377 | 2266699 |
| **Net income per share attributable to ordinary shareholders** |  |  |
| Basic and diluted | 0.74 | 0.62 |
| **Weighted average number of ordinary shares used in computing net income per share** |  |  |
| Basic and diluted | 3140000 | 3760517 |

---

**Use of Non-GAAP Financial Measure**

We use earnings before interest expenses and income, income tax expense/(benefit) and depreciation, and amortization ("EBlTDA") and adjusted EBITDA, non-GAAP financial measures, in evaluating our operating results and for financial and operational decision-making purposes. EBlTDA represents net profit excluding income tax expense/(benefit), interest expenses, interest income and depreciation and amortization. Adjusted EBITDA represents net loss excluding changes in share-based awards expense, income tax expense/(benefit), interest expense, interest income and depreciation and amortization.

We believe that the adjusted EBITDA helps to identify underly trends in our business that could otherwise be distorted by the effect of certain expenses that we are included in net loss. We believe that adjusted EBITDA provided useful information about our operating results, enhance the overall understanding of our past performance and future prospect and allow for greater visibility with respect to key metrics used by our management uses in its financial and operational decision making, In additions, the company provides EBITDA because we believe that investors and analysts may find it useful in measuring operating performance without regard to items such as income tax expense/(benefit), interest expenses and interest income and depreciation and amortization.

---

| | | |
|:---|:---|:---|
|  | **For the six months ended<br> September 30,** | **For the six months ended<br> September 30,** |
|  | **2024** | **2025** |
|  | **USD** | **USD** |
|  | **(Unaudited)** | **(Unaudited)** |
| **Net income attributable to ordinary shareholders** | 2308377 | 2302875 |
| Add: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Income tax expense | 471820 | 676643 |
| &nbsp;&nbsp;&nbsp;Interest expenses | 57540 | 35221 |
| &nbsp;&nbsp;&nbsp;Interest income | (115827) | (209466) |
| &nbsp;&nbsp;&nbsp;Depreciation | 85350 | 176626 |
| **EBITDA** | 2807260 | 2981899 |
| &nbsp;&nbsp;&nbsp;Add: |  |  |
| &nbsp;&nbsp;&nbsp;Share-based awards | - | 955916 |
| Adjusted EBITDA | 2807260 | 3937815 |

---

**Management's Discussion and Analysis of Results of Operations and Liquidity and Capital Resources**

● **Delivers Strong First Half 2025 Results**: Revenue growth by 19.3% and Adjusted EBITDA growth by 40.3% compared to the same period in 2024

● **Revenue** was approximately US$22.7 million for the six months ended September 30, 2025, representing a strong growth of approximately 19.3% from the same period in 2024 on robust customer demand.

● **Adjusted EBITDA** was approximately US$3.9 million for the six months ended September 30, 2025, achieving 40.3% growth with the same period in 2024 (2024: approximately US$2.8 million).

**Six-Month Financial Results Ended September 30, 2025**

**Revenue.** Revenue increased by approximately 19.3% from approximately US$19.0 million for the six months ended September 30, 2024, to approximately US$22.7 million for the six months ended September 30, 2025. The growth in revenue during the six-month period ended September 30, 2025 was driven by stronger demand from key customers.

**Selling, general and administrative expenses.** Selling, general and administrative expenses increased by approximately 59.5% from approximately US$2.9 million for the six months ended September 30, 2024, to approximately US$4.6 million for the six months ended September 30, 2025, which was mainly due to share-based awards recognized in respect of awards granted to five members.

**Other income, net.** Other net income increased by approximately US$0.1 million from approximately US$0.4 million for the six months ended September 30, 2024, to approximately US$0.5 million for the six months ended September 30, 2025, which was mainly due to an increase in interest income.

**Income tax expense.** Income tax expense increased to US$0.7 million for the six months ended September 30, 2025 (for the six months ended September 30, 2024: approximately US$0.5 million) which was mainly due to the increase in income before tax in the current period.

**Net income.** For the six months ended September 30, 2025, net income was approximately US$2.3 million, consistent with the prior year period (2024: approximately US$2.3 million).

**Basic and diluted EPS.** Basic and diluted EPS were approximately US$0.62 per ordinary share for the six months ended September 30, 2025, as compared to US$0.74 per ordinary share for the six months ended September 30, 2024, respectively.

**Liquidity and Capital Resources**

As of September 30, 2025, the Company had cash of US$11,358,839, total current assets of US$20,371,822, and total current liabilities of US$7,289,739. Net current assets were US$13,082,083 and the working capital ratio was 2.8. As of September 30, 2025, the Company's total assets and total liabilities amounted to US$25,663,983 and US$8,625,254, respectively. As of September 30, 2025, the Company's total stockholder's equity amounted to US$17,038,729 and its gearing ratio (bank loan divided by stockholder's equity) was 6.2%.

**Off-Balance Sheet Arrangements**

The Company does not have any off-balance sheet arrangements, including arrangements that would affect its liquidity, capital resources, market risk support, credit risk support, or other benefits.

**EXHIBIT INDEX**

---

| | |
|:---|:---|
| **Exhibit No.** | **Description** |
| 99.1 | [Press Release, dated December 23, 2025](ea027018901ex99-1_jlong.htm) |

---

**<u>SIGNATURE</u>**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

---

| | |
|:---|:---|
| **J-Long Group Limited** | **J-Long Group Limited** |
| By: | */s/ Edwin Chun Yin Wong* |
| Name: | Edwin Chun Yin Wong |
| Title: | Chief Executive Officer and Director |

---

Date: December 23, 2025

## Exhibit 99.1

**Exhibit 99.1**

![](ex99-1_001.jpg)

**J-Long Group Limited Announces First Half 2025 Unaudited Financial Results**

HONG KONG, December 23, 2025 (GLOBE NEWSWIRE) -- **J-Long Group Limited ("JL" or the "Company") (NASDAQ: JL), JL conducts its primary operations of apparel trims solution services in Hong Kong, today announced its unaudited financial results for the six months ended September 30, 2025.**

**Overview:**

● **Delivers Strong First Half 2025 Results**: Revenue growth by 19.3% and Adjusted EBITDA growth by 40.3% compared to the same period in 2024

● **Revenue** was approximately US$22.7 million for the six months ended September 30, 2025, representing a strong growth of approximately 19.3% from the same period in 2024 on robust customer demand.

● **Adjusted EBITDA** was approximately US$3.9 million for the six months ended September 30, 2025, achieving 40.3% growth with the same period in 2024 (2024: approximately US$2.8 million).

***"We are very pleased with our strong first-half results and encouraged by the continuing positive momentum in our business," said Edwin Chun Yin Wong, Chief Executive Officer. "Driven by robust customer demand and favorable feedback on our recent product developments, along with a healthy pipeline of inquiries, we anticipate continued strong performance through the end of the fiscal year and believe we are well positioned for future revenue growth."***

**Use of Non-GAAP Financial Measure**

We use earnings before interest expenses and income, income tax expense/(benefit) and depreciation, and amortization ("EBlTDA") and adjusted EBITDA, non-GAAP financial measures, in evaluating our operating results and for financial and operational decision-making purposes. EBlTDA represents net profit excluding income tax expense/(benefit), interest expenses, interest income and depreciation and amortization. Adjusted EBITDA represents net loss excluding changes in share-based awards expense, income tax expense/(benefit), interest expense, interest income and depreciation and amortization.

We believe that the adjusted EBITDA helps to identify underly trends in our business that could otherwise be distorted by the effect of certain expenses that we are included in net loss. We believe that adjusted EBITDA provided useful information about our operating results, enhance the overall understanding of our past performance and future prospect and allow for greater visibility with respect to key metrics used by our management uses in its financial and operational decision making, In additions, the company provides EBITDA because we believe that investors and analysts may find it useful in measuring operating performance without regard to items such as income tax expense/(benefit), interest expenses and interest income and depreciation and amortization.

---

| | | |
|:---|:---|:---|
|  | **For the six months ended<br> September 30,** | **For the six months ended<br> September 30,** |
|  | **2024** | **2025** |
|  | **USD** | **USD** |
|  | **(Unaudited)** | **(Unaudited)** |
| **Net income attributable to ordinary shareholders** | 2308377 | 2302875 |
| &nbsp;&nbsp;&nbsp;Add: |  |  |
| &nbsp;&nbsp;&nbsp;Income tax expense | 471820 | 676643 |
| &nbsp;&nbsp;&nbsp;Interest expenses | 57540 | 35221 |
| &nbsp;&nbsp;&nbsp;Interest income | (115827) | (209466) |
| &nbsp;&nbsp;&nbsp;Depreciation | 85350 | 176626 |
| **EBITDA** | 2807260 | 2981899 |
| &nbsp;&nbsp;&nbsp;Add: |  |  |
| &nbsp;&nbsp;&nbsp;Share-based awards | - | 955916 |
| Adjusted EBITDA | 2807260 | 3937815 |

---

**Six Month Financial Results Ended September 30, 2025**

**Revenue.** Revenue increased by approximately 19.3% from approximately US$19.0 million for the six months ended September 30, 2024, to approximately US$22.7 million for the six months ended September 30, 2025. The growth in revenue during the six-month period ended September 30, 2025, was driven by stronger demand from key customers.

**Selling, general and administrative expenses.** Selling, general and administrative expenses increased by approximately 59.5% from approximately US$2.9 million for the six months ended September 30, 2024, to approximately US$4.6 million for the six months ended September 30, 2025, which was mainly due to share-based awards recognized in respect of awards granted to five members.

**Other income, net.** Other net income increased by approximately US$0.1 million from approximately US$0.4 million for the six months ended September 30, 2024, to approximately US$0.5 million for the six months ended September 30, 2025, which was mainly due to an increase in interest income.

**Income tax expense.** Income tax expense increased to US$0.7 million for the six months ended September 30, 2025 (for the six months ended September 30, 2024: approximately US$0.5 million) which was mainly due to the increase in income before tax in the current period.

**Net income.** For the six months ended September 30, 2025, net income was approximately US$2.3 million, consistent with the prior year period (2024: approximately US$2.3 million).

**Basic and diluted EPS.** Basic and diluted EPS were approximately US$0.62 per ordinary share for the six months ended September 30, 2025, as compared to US$0.74 per ordinary share for the six months ended September 30, 2024, respectively.

**Liquidity and Capital Resources**

As of September 30, 2025, the Company had cash of US$11,358,839, total current assets of US$20,371,822, and total current liabilities of US$7,289,739. Net current assets were US$13,082,083 and the working capital ratio was 2.8. As of September 30, 2025, the Company's total assets and total liabilities amounted to US$25,663,983 and US$8,625,254, respectively. As of September 30, 2025, the Company's total stockholder's equity amounted to US$17,038,729 and its gearing ratio (bank loan divided by stockholder's equity) was 6.2%.

**Off-Balance Sheet Arrangements**

The Company does not have any off-balance sheet arrangements, including arrangements that would affect its liquidity, capital resources, market risk support, credit risk support, or other benefits.

**About J-Long Group Limited**

J-Long Group Limited is an established distributor in Hong Kong of reflective and non-reflective garment trims including, among others, heat transfers, fabrics, woven labels and tapes, sewing badges, piping, zipper pullers and drawcords. The Company offers a wide range of services to cater to customers' needs in reflective and non-reflective garment trims, including market trend analysis, product design and development and production and quality control. For more information, visit the Company's website at http://j-long.com.

**Safe Harbor Statement**

Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company's current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "is/are likely to," "potential," "continue" or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company's registration statement and other filings with the SEC, which are available for review at www.sec.gov.

***Hong Kong:***

 ****

J-Long Group Limited<br> Edwin Chun Yin Wong, CEO and Director<br> ir@j-long.com +852 3693 2110

**J-LONG GROUP LIMITED<br> UNAUDITED CONSOLIDATED BALANCE SHEETS**

---

| | | |
|:---|:---|:---|
|  | **As of** | **As of** |
|  | **March 31,**<br>**2025** | **September 30,**<br>**2025** |
|  | **USD** | **USD** |
|  | **(Audited)** | **(Unaudited)** |
| **Assets** |  |  |
| **Current assets:** |  |  |
| Cash and cash equivalents | 10669134 | 11358839 |
| Accounts receivable, net | 3102393 | 4231847 |
| Investment in marketable debt securities | 2220 | 2220 |
| Inventories | 3066276 | 3163816 |
| Notes receivable | 103522 |  |
| Prepaid expenses and other current assets, net | 2027376 | 1615100 |
| Due from related parties | 4634 | - |
| **Total current assets** | 18975555 | 20371822 |
| Property, plant and equipment, net | 3224673 | 3493481 |
| Right-of-use assets – Operating lease | 983097 | 1531941 |
| Other non-current assets | 178786 | 174713 |
| Deferred tax assets | 92026 | 93026 |
| **Total non-current assets** | 4478582 | 5292161 |
| **TOTAL ASSETS** | 23454137 | 25663983 |
| **Liabilities** |  |  |
| **Current liabilities:** |  |  |
| Bank loans – current | 685016 | 702949 |
| Operating lease liabilities – current | 153579 | 435701 |
| Operating lease liabilities – current – related parties | 251567 | 149188 |
| Accounts payable | 1964406 | 1716120 |
| Accounts payable – related parties | 2302962 | 1779196 |
| Accruals and other current liabilities | 679227 | 787799 |
| Contract liabilities | 427110 | 140235 |
| Loan from related parties | 200000 | 429175 |
| Income taxes payable | 423693 | 1105748 |
| **Total current liabilities** | 7087560 | 7289739 |
| **Non-current liabilities** |  |  |
| Bank loans – non-current | 706811 | 345859 |
| Operating lease liabilities – non-current | 593749 | 989656 |
| Operating lease liabilities – non-current – related parties | 21617 | - |
| **Total non-current liabilities** | 1322177 | 1335515 |
| **TOTAL LIABILITIES** | 8409737 | 8625254 |
| **Shareholders' equity** |  |  |
| Class A ordinary shares (US$0.000375 par value each; 133,000,000 shares authorized; 1,652,701 shares issued and outstanding respectively) <sup>(1)</sup> | 1410 | 615 |
| Class B ordinary shares ($US$0.000375 par value per share, 3,000,000 shares authorized; 2,109,000 issued and outstanding as of September 30, 2025) <sup>(1)</sup> |  | 795 |
| Additional Paid-in Capital | 6193646 | 6193646 |
| Accumulated other comprehensive income/(loss) | (23364) | (86874) |
| Non-controlling interests | 405122 | 388585 |
| Treasury stock |  | (245037) |
| Retained earnings | 8467586 | 10786999 |
| **Total shareholders' equity** | 15044400 | 17038729 |
| **TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY** | 23454137 | 25663983 |

---

**(1) Retroactively adjusted for the effects of the Share Re-designation and Re-classification:**

On August 7, 2025, the Company implemented the re-designation and re-classification of its issued and unissued ordinary shares of par value US$0.000375 each in the share capital of the Company into Class A ordinary shares (1 vote per share) and Class B ordinary shares (20 votes per share), effective the same day. As a result, the 136,000,000 ordinary shares in the share capital of the Company were re-designated into 133,000,000 Class A ordinary shares and 3,000,000 Class B ordinary shares, and all the then issued 3,761,701 ordinary shares were concurrently re-designated and re-classified on a one-for-one basis into 1,652,701 Class A ordinary shares and 2,109,000 Class B ordinary shares.

**(2) Share Repurchase Program:**

On September 15, 2025, the board of directors of the Company approved a share repurchase program authorizing the repurchase of up to US$5,000,000 of the Company's Class A ordinary shares in the open market over the next six months. The Company has commenced repurchases under the program.

**J-LONG GROUP LIMITED** 

**UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS**

**AND COMPREHENSIVE INCOME**

---

| | | |
|:---|:---|:---|
|  | **For the six months ended<br> September 30,** | **For the six months ended<br> September 30,** |
|  | **2024** | **2025** |
|  | **USD** | **USD** |
|  | **(Unaudited)** | **(Unaudited)** |
| **Revenues** | 19024229 | 22699837 |
| Cost of sales | 13735774 | 15620656 |
| Gross profit | 5288455 | 7079181 |
| Operating expenses: |  |  |
| Selling and marketing expenses | 916174 | 1978757 |
| General and administrative expenses | 1981326 | 2641384 |
| Total operating expenses | 2897500 | 4620141 |
| Income from operations | 2390955 | 2459040 |
| Other income, net: |  |  |
| Other income | 172783 | 256991 |
| Currency exchange gain | 273999 | 298708 |
| Interest expenses, net | (57540) | (35221) |
| Total other income, net | 389242 | 520478 |
| Income before tax expense | 2780197 | 2979518 |
| Income tax expense | 471820 | 676643 |
| **Net income attributable to ordinary shareholders** | 2308377 | 2302875 |
| Net income (loss) attributable to non-controlling interest |  | (16538) |
| **Net income attributable to J-LONG GROUP LIMITED** | 2308377 | 2319413 |
| **Other comprehensive income/(loss)** |  |  |
| Foreign currency translation adjustments | - | (36176) |
| **Total other comprehensive income** | 2308377 | 2283237 |
| **Comprehensive income attributable to ordinary shareholders** | 2308377 | 2283237 |
| Comprehensive income attributable to non-controlling interest | - | (16538) |
| **Total comprehensive income attributable to J-LONG GROUP LIMITED** | 2308377 | 2266699 |
| **Net income per share attributable to ordinary shareholders** |  |  |
| Basic and diluted | 0.74 | 0.62 |
| **Weighted average number of ordinary shares used in computing net income per share** |  |  |
| Basic and diluted | 3140000 | 3760517 |

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