即亮集团2023年度报告

FORM 20-F ☐REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIESEXCHANGE ACT OF 1934 OR ☒ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGEACT OF 1934 For the Fiscal Year Ended March 31, 2024 OR ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIESEXCHANGE ACT OF 1934 OR ☐SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIESEXCHANGE ACT OF 1934 Commission File Number: 001-41901 J-LONG GROUP LIMITED(Exact name of Registrant as specified in its charter) Cayman Islands(Jurisdiction of incorporation or organization) Flat F, 8/F, Houston Industrial Building32-40 Wang Lung Street, Tsuen WanNew Territories, Hong Kong(Address of principal executive offices) Edwin Chun Yin Wong, Chief Executive OfficerTelephone: +852 3693 2110Email: edwin.wong@j-long.comAt the address of the Company set forth above(Name, Telephone, email and/or fax number and address of Company Contact Person) Securities registered or to be registered pursuant to Section 12(b) of the Act: Title of each classTrading symbol(s)Name of each exchange onwhich registeredOrdinary Shares,JLThe Nasdaq Stock Market LLC par value US$0.0000375 Securities registered pursuant to Section 12(g) of the Act:None Securities for which there is a reporting obligation pursuant to Section 15(d) of the Act:None Indicate the number of outstanding shares of each of the issuer’s classes of capital or common stock as ofthe close of the period covered by the annual report. 31,400,000 Ordinary Shares, $0.0000375 par value, at March 31, 2024 Indicate by check mark if the Registrant is a well-known seasoned issuer, as defined in Rule 405 of theSecurities Act of 1933. Yes☐No☒ If the report is an annual or transition report, indicate by check mark if the Registrant is not required to filereports pursuant to Section 13 or 15D of the Securities Exchange Act of 1934. Yes☐No☒ Indicate by check mark whether the Registrant: (1) has filed all reports required to be filed by Section 13 or15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter periodthat the Registrant was required to file such reports), and (2) has been subject to such filing requirementsfor the past 90 days. Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data Filerequired to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during thepreceding 12 months (or for such shorter period that the registrant was required to submit such files).Yes☒No☐ Indicate by check mark whether the Registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or an emerging growth company. Large Accelerated Filer☐Accelerated Filer☐Non-accelerated filer☒Emerging Growth Company☒ If an emerging growth company that prepares its financial statements in accordance with U.S. GAAP,indicate by check mark if the registrant has elected not to use the extended transition period for complyingwith any new or revised financial accounting standards provided pursuant to Section 13(a) of the ExchangeAct.☐ Indicate by check mark whether the registrant has filed a report on and attestation to its management’sassessment of the effectiveness of its internal control over financial reporting under Section 404(b) of theSarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or issued itsaudit report.☐ If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether thefinancial statements of the registrant included in the filing reflect the correction of an error to previouslyissued financial statements.☐ Indicate by check mark whether any of those error corrections are restatements that required a recoveryanalysis of incentive-based compensation received by any of the registrant’s executive officers during therelevant recovery period pursuant to §240.10D-1(b).☐ Indicate by check mark which basis of accounting the Registrant has used to prepare the financialstatements included in this filing: International Financial Reporting Standards asissued by the International Accounting StandardsBoard☐ U.S. GAAP☒ If “Other” has been checked in response to the previous question, indicate by check mark which financialstatement item the Registrant has elected to follow: Item 17☐Item 18☐ If this is an annual report, indicate by check mark whether the Registrant is a shell company (as defined inRule 12b-2 of the Exchange Act.)Yes☐No☒ TABLE OF CONTENTS PagePART IItem 1.Identity of Directors, Senior Management and Advisors1Item 2.Offer Statistics and Expected Timetable1Item 3.Key Information1Item 4.Information on the Company31Item 4A.Unresolved Staff Comments59Item 5.Operating and Financial Review and Prospects59Item 6.Directors, Senior Management and Employees67Item 7.Major Shareholders and Related Party Transactions79Item 8.Financial Information84Item 9.Th