Company: BGHL
Filing Date: 2025-09-12
Form Type: F-1/A
Source: 0001213900-25-087202
Chunk: 194

Company: BILLION GROUP HOLDINGS Ltd
Filing Date: 2025-09-12
Form: F-1/A
Chunk 194
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 |      830,707 |

F-17

BILLION GROUP HOLDINGS LIMITED
NOTES TO THE COMBINED FINANCIAL STATEMENTS 15. RELATED PARTY BALANCES AND TRANSACTIONS Nature of relationships with related parties

| Name                                           
 China Eco-farming Limited                      
 Shenzhen Shengshi Fuqiang Technology Co., Ltd. |     | Relationship with the related parties                         
 Shareholder of Harmony Alliance before March 31, 2024         
 A fellow subsidiary of Harmony Alliance before March 31, 2024 |
|:-----------------------------------------------|:----|:--------------------------------------------------------------|
| Kingtop Asia Investment Limited                |     | A fellow subsidiary of Harmony Alliance before March 31, 2024 |
| Billion Element Limited                        |     | A fellow subsidiary of Harmony Alliance before March 31, 2024 |
| China Smart Asia Limited                       |     | A fellow subsidiary of Harmony Alliance before March 31, 2024 |
| Success Royal Investment Limited               |     | A fellow subsidiary of Harmony Alliance before March 31, 2024 |
| China AF Capital Limited                       |     | A fellow subsidiary of Harmony Alliance before March 31, 2024 |
| China AF Finance Limited                       |     | A fellow subsidiary of Harmony Alliance before March 31, 2024 |
| King Health International Holdings Limited     |     | A fellow subsidiary of Harmony Alliance before March 31, 2024 |
| Skyline Top Limited                            |     | A fellow subsidiary of Harmony Alliance before March 31, 2024 |
| Seal Eco Recycling Limited                     |     | A fellow subsidiary of Harmony Alliance before March 31, 2024 |
| Wide Graceful Holdings Limited                 |     | A fellow subsidiary of Harmony Alliance before March 31, 2024 |

Transactions with related parties

|                                                               |     |   Year Ended 
 December 31, 
         2024 |     |   Year Ended 
 December 31, 
         2024 |     |   Year Ended 
 December 31, 
         2023 |
|:--------------------------------------------------------------|:----|-------------:|:----|-------------:|:----|-------------:|
|                                                               |     |          US$ |     |          HK$ |     |          HK$ |
| Purchases from Shenzhen Shengshi Fuqiang Technology Co., Ltd. |     |            — |     |            — |     |      985,318 |
| Management fee to China Eco-farming Limited (Note **)