Company: GINT
Filing Date: 2025-08-21
Form Type: F-1/A
Source: 0001213900-25-079257
Chunk: 3

Company: Gifts International Holdings Ltd
Filing Date: 2025-08-21
Form: F-1/A
Chunk 3
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 a change in control, merger, consolidation, or sale of assets. See “ M anagement — Contr olled Company Exception”. Gifts International Holdings Limited, or Gifts International, is a holding company incorporated in the British Virgin Islands (“BVI”) with no material operations of its own. As a holding company with no material operations of our own, Gifts International conducts operation through its operating subsidiary in Hong Kong, being Broaden Leisure Outlets Company Limited (“Broaden Leisure”). References to the “Company”, “we”, “us”, and “our” in the prospectus are to Gifts International, the BVI entity that will issue the Class A Ordinary Shares being offered. Reference to “Broaden Leisure” is to the Hong Kong entity operating the corporate gifting businesses, which is generating the revenue and profit stated in the consolidated and combined financial statements of the Company. We are not a Chinese operating company, but an offshore holding company incorporated in the BVI. This structure involves unique risks to investors. The Chinese regulatory authorities could disallow our holding company structure, which would likely result in a material change in our operations and/or a material change in the value of our Class A Ordinary Shares, including that it could cause the value of our Class A Ordinary Shares to significantly decline or become worthless. See “Risks Related to Doing Business in Hong Kong” for detailed discussion of risks facing the company and the offering as a result of this structure. This is an offering of the Class A Ordinary Shares of Gifts International, the holding company in the BVI, instead of the shares of Broaden Leisure. The Company’s ownership interest in Broaden Leisure is held through intermediate company in BVI, being Give Gifts Boutique (BVI) Limited (“GGBB”) . Investors

in our Class A Ordinary Shares should be aware that they may never hold equity interests in Hong Kong operating subsidiary directly. Investors are purchasing equity solely in Gifts International, our BVI holding company, which indirectly owns equity interests in the operating subsidiary, Broaden Leisure. See “Risk Factors” beginning on page 16 of this prospectus for a discussion of risks facing the Company and the offering as a result of this structure. Our Class A Ordinary Shares may be prohibited from being traded on a national exchange under the Holding Foreign Companies Accountable Act (the “HFCA Act”) if the Public Company Accounting Oversight Board (“PCAOB”) is unable to inspect our auditors for two consecutive years. On December 29, 2022, the Accelerating Holding Foreign Companies Accountable Act (the