Company: BGHL
Filing Date: 2025-08-29
Form Type: F-1
Source: 0001213900-25-082403
Chunk: 181

Company: BILLION GROUP HOLDINGS Ltd
Filing Date: 2025-08-29
Form: F-1
Chunk 181
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 AMOUNTS DUE FROM FORMER RELATED COMPANIES

|                          |     | As at        
 December 31, 
 2024         |     | As at        
 December 31, 
 2024         |     |        As at 
 December 31, 
         2023 |
|:-------------------------|:----|:-------------|:----|:-------------|:----|-------------:|
|                          |     | US$          |     | HK$          |     |          HK$ |
| Amount due within 1 year |     | —            |     | —            |     |    2,969,602 |

The former related companies had common shareholder with Harmony Alliance before March 31, 2024. The amounts due from former related companies were interest -free, unsecured and repayable on demand. There was no allowance for credit losses or write -offduring the years ended December 31, 2024 and 2023. 8. CASH AND CASH EQUIVALENTS

|                                |     |        As at 
 December 31, 
         2024 |     |        As at 
 December 31, 
         2024 |     |        As at 
 December 31, 
         2023 |
|:-------------------------------|:----|-------------:|:----|-------------:|:----|-------------:|
|                                |     |          US$ |     |          HK$ |     |          HK$ |
| Cash held in banks and on hand |     |       32,114 |     |      250,491 |     |       81,662 |

Cash and cash equivalents were maintained in Hong Kong. Cash held in banks earns interest at floating rates based on daily bank deposit rates.

F-13

BILLION GROUP HOLDINGS LIMITED
NOTES TO THE COMBINED FINANCIAL STATEMENTS 9. ACCOUNTS PAYABLE

|                  |     |        As at 
 December 31, 
         2024 |     |        As at 
 December 31, 
         2024 |     |        As at 
 December 31, 
         2023 |
|:-----------------|:----|-------------:|:----|-------------:|:----|-------------:|
|                  |     |          US$ |     |          HK$ |     |          HK$ |
| Accounts payable |     |    1,284,337 |     |