Company: GINT
Filing Date: 2025-07-18
Form Type: F-1/A
Source: 0001213900-25-065552
Chunk: 108

Company: Gifts International Holdings Ltd
Filing Date: 2025-07-18
Form: F-1/A
Chunk 108
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$4.0 million |     | May 23, 2028      |     |     3.00 | %    |     |                 | 2,860,605 |     |     | 2,210,335 |     |     | 284,108 |
| Loan : HK$2.5 million |     | February 19, 2029 |     |     2.76 | %    |     |                 | 2,764,013 |     |     | 2,201,842 |     |     | 283,017 |
|                       |     |                   |     |          |      |     | $               | 7,307,463 |     | $   | 5,781,145 |     | $   | 743,087 |

In April 2021, we entered into an 8 -yearfacility with Hongkong and Shanghai Banking Corporation Limited for general working capital purposes, with total principal amount of HK$5,000,000 bearing an interest rate of 3.63% per annum. In May 2022, we entered into a 6 -yearfacility with Hongkong and Shanghai Banking Corporation Limited for general working capital purposes, with total principal amount of HK$4,000,000 bearing an interest rate of 3.63% per annum. In February 2024, we entered into a 5 -yearfacility with Hongkong and Shanghai Banking Corporation Limited for general working capital purposes, with total principal amount of HK$2,500,000 bearing an interest rate of 2.76% per annum. The above facilities were (i) unlimited personal guaranteed by Mr. Wong; and (ii) guaranteed by HKMC Insurance Limited under the Hong Kong SME Financing Guarantee Scheme, launched by The Hong Kong Mortgage Corporation Limited. As of March 31, 2025, we have fully complied with certain financial covenants pursuant to the facility letter issued by the Hongkong and Shanghai Banking Corporation Limited. The annual interest rates for bank borrowings for FY2024 and FY2025 were approximately from 2.75% to 3.50%.

59

Cash Flow The following table sets forth a summary of our cash flows for the years ended March 31, 2024 and 202 5 , respectively:

|                                                      |     | Years ended March 31, |   |     |            |   |     |            |   |
|                                                      |     |                  2024