Company: GINT
Filing Date: 2025-06-06
Form Type: F-1
Source: 0001213900-25-052213
Chunk: 112

Company: Gifts International Holdings Ltd
Filing Date: 2025-06-06
Form: F-1
Chunk 112
---
 from this offering in the following manner: •approximately [25]% for [marketing and customer acquisition, including brand awareness campaigns, customer loyalty programs and international expansion]; •approximately [25]% for [development of technology and platform enhancement artificial intelligence, including marketing system to enhance marketing efficiency and platform scalability]; •approximately [20]% for [expansion of our product portfolio and inventory management/optimization]; •approximately [20]% for [operational scaling and expansion, including fulfillment centers, talent acquisitions and sustainability initiatives]; and •remaining amount for [general administration and working capital]. Significant bank borrowings The following table sets forth a summary of our bank borrowings as of March 31, 2023 and 2024, September 30, 2024, respectively:

| Bank borrowings, secured: |     | Maturity date     |     | Interest 
     rate 
   (p.a.) 
     2023 |   |     | As of March 31, 
 2024            
 HKD             |           |     | 2024 
 HKD  |           |     | 2024 
 USD  |         | 2024 | As of September 30, 
                 HKD |     |     USD |
|:--------------------------|:----|:------------------|:----|---------:|:--|:----|:----------------|----------:|:----|:-----|----------:|:----|:-----|--------:|:-----|--------------------:|:----|--------:|
| HSBC Loan: HK$5.0 million |     | March 2, 2029     |     |     3.63 | % |     | $               | 2,536,287 |     | $    | 1,682,844 |     | $    | 215,749 |      |           1,527,931 |     | 196,663 |
| HSBC Loan: HK$4.0 million |     | May 23, 2028      |     |     3.63 | % |     |                 | 3,486,501 |     |      | 2,860,605 |     |      | 366,744 |      |           2,539,671 |     | 326,885 |
| HSBC Loan: HK$2.5 million |     | February 19, 2029 |     |     2.76 | % |     |                 |