Company: BGHL
Filing Date: 2025-10-28
Form Type: F-1/A
Source: 0001213900-25-102958
Chunk: 58

Company: BILLION GROUP HOLDINGS Ltd
Filing Date: 2025-10-28
Form: F-1/A
Chunk 58
---
 under the Food Business Regulation (Cap. 132X). Licenses are subject to annual renewal, contingent upon strict compliance with hygiene standards, facility conditions, and operational protocols. Timely license renewals by third -partyprocessors are beyond our control. FEHD conducts unannounced inspections and may deny renewals for violations such as equipment malfunctions, sanitation lapses, or incomplete documentation. We cannot guarantee their adherence to regulatory requirements or remediation of deficiencies. Any suspension or revocation of a processor’s license could abruptly halt operations at affected facilities, forcing costly transitions to alternative providers or delaying product delivery. Furthermore, non -complianceby processors could expose us to reputational harm, even if we are not directly liable under Hong Kong law. Our operations are vulnerable to disruptions caused by technology failures or cybersecurity breaches. We rely on digital systems to manage communications with suppliers, logistics partners, and distributors, as well as to oversee inventory and distribution operations. These systems also store sensitive data, including proprietary supplier agreements and customer information, and commercially critical details such as procurement pricing and volume rebate terms. Cybersecurity threats, such as cyberattacks, system outages, or data corruption, could compromise operational continuity, expose confidential data, or disrupt critical workflows. A material IT failure or breach could impair distributor relationships, necessitate costly remediation, and reduce revenue predictability, adversely affecting profitability and operational stability. 27 Failure to comply with cybersecurity, data privacy, data protection, or any other laws and regulations related to data may materially and adversely affect our business, financial condition, and results of operations. We may be subject to a variety of cybersecurity, data privacy, data protection, and other laws and regulations related to data, including those relating to the collection, use, sharing, retention, security, disclosure, and transfer of confidential and private information, such as personal information and other data. These laws and regulations, such as the Data Protection Act (As Revised) of the Cayman Islands, apply not only to third -partytransactions, but also to transfers of information within our organization, which relates to our investors, employees, contractors and other counterparties. These laws and regulations may restrict our business activities and require us to incur increased costs and efforts to comply, and any breach or non -compliancemay subject us to proceedings against us, damage our reputation, or result in penalties and other significant legal liabilities, and thus may materially and adversely affect our business, financial conditions, and results of operations. Climate change poses material risks to our supply chain continuity and