Company: GINT
Filing Date: 2025-10-15
Form Type: F-1/A
Source: 0001213900-25-099087
Chunk: 197

Company: Gifts International Holdings Ltd
Filing Date: 2025-10-15
Form: F-1/A
Chunk 197
---
 |     46,440 |   |

See accompanying notes to the consolidated and combined financial statements.

F-6

GIFTS INTERNATIONAL HOLDINGS LIMITED AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED AND COMBINED FINANCIAL STATEMENTS NOTE 1 — BUSINESS OVERVIEW AND BASIS OF PRESENTATION Gifts International Holdings Limited (“GIHL” or the “Company”) was incorporated in British Virgin Islands (“BVI”) on April 16, 2025. The Company is a leading provider in Hong Kong’s high -valuecorporate gifting industry. Operating under the “GiveGiftBoutique” brand, the Company offers one -stopB2B tailored gift solutions with custom proposals, as well as predesigned gifts through its eCommerce website. Its diverse product line caters to both B2B and B2C markets, including branded gift hampers, VIP box sets, floral and fruit baskets, and seasonal gifts, serving various occasions across Hong Kong, Macau, and the southern part of the People’s Republic of China (PRC). Description of entities incorporated and controlled by the Company:

| Name                                             |     | Background                                                      |     | Effective ownership              |
| Give Gifts Boutique (BVI) Limited (“GGBB”)       |     | •   BVI company                                                 
 •   Incorporated on May 21, 2025                                
 •   Issued and outstanding 100 ordinary share for US$1          
 •   Investment holding                                          |     | 100% owned by GIHL               |
| Broaden Leisure Outlets Company Limited (“BLOC”) |     | •   Hong Kong company                                           
 •   Incorporated on June 2, 2008                                
 •   Issued and outstanding 10,000 ordinary shares for HK$10,000 
 •   Sale and distribution of gift and floral bouquets           |     | 100% owned by GGBB               |
| Macau Give Gift Boutique Co. Ltd (“MGGB”)        |     | •   Macau company                                               
 •   Incorporated on July 17, 2012                               
 •   Issued and outstanding 100 ordinary shares for MOP25,000    
 •   Sale and distribution of gift and floral bouquets           |     | Variable interest entity (“VIE”) |

The Company and its subsidiaries and VIE are hereinafter referred to as (the “Company”). On February 14, 2025, the Company resolved and approved for (i) a share subdivision at a ratio