Company: GINT
Filing Date: 2025-07-18
Form Type: F-1/A
Source: 0001213900-25-065552
Chunk: 156

Company: Gifts International Holdings Ltd
Filing Date: 2025-07-18
Form: F-1/A
Chunk 156
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 in the transaction and the ongoing nature of any proposed relationship, and any other factors the audit committee deems relevant; and •any pre -existingcontractual obligations. Nature of relationships with related parties are listed below:

| Names and Relationship of Related Party: |     | Existing Relationship with the Company                              |
| Mr. Wong                                 |     | Director and major shareholder of the Company                       |
| Take Care HK Limited (“Take Care”)       |     | Entity 100% owned by and controlled by common shareholder, Mr. Wong |
| Tutti Digital Limited                    |     | Entity 12.5% owned by common shareholder, Mr. Wong                  |
| iMHKB Group Ltd                          |     | Entity 100% owned by and controlled by common shareholder, Mr. Wong |

Summary of Related Party Transactions: The related party balances consisted of the following:

| Name                 
 2023                 |     | Nature                            | 2024 | As of March 31, 
 HKD             |         | 2025 | HKD |         | 2025 | HKD |           |     | USD |         |
|:---------------------|:----|:----------------------------------|:-----|:----------------|--------:|:-----|:----|--------:|:-----|:----|----------:|:----|:----|--------:|
| Mr. Wong             |     | Amount due from a shareholder     |      | $               | 545,716 |      | $   | 165,505 |      | $   | 1,109,083 |     | $   | 142,557 |
| Take Care HK Limited |     | Amount due from a related company |      | $               | 353,165 |      | $   |       — |      | $   |         — |     | $   |       — |
| iMHKB Group Ltd      |     | Purchase deposit                  |      | $               |       — |      | $   |       — |      | $   |    40,000 |     | $   |   5,141 |

109

The amount due from Mr.Wong represented the temporary advances made by our Company, which are non -tradein nature and for purpose of fund transfer. During the years presented, Mr.Wong settled some expenses on behalf of our Company, therefore, certain amounts of this balance was offset. The amount is unsecured, interest -freeand due on demand. For the years ended March31