Company: GINT
Filing Date: 2025-06-27
Form Type: F-1/A
Source: 0001213900-25-058872
Chunk: 257

Company: Gifts International Holdings Ltd
Filing Date: 2025-06-27
Form: F-1/A
Chunk 257
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 as presented (for the portion of such period that they were considered related):

| Name                  |     | Nature                        |     | For the years ended March 31, 
 2023                          
 HKD                           |           |     | 2024 
 HKD  |           |     | 2024 
 USD  |         |
|:----------------------|:----|:------------------------------|:----|:------------------------------|----------:|:----|:-----|----------:|:----|:-----|--------:|
| Mr. Wong              |     | Dividends distributed         |     | $                             | 4,200,000 |     | $    | 4,100,000 |     | $    | 525,641 |
| Tutti Digital Limited |     | Marketing and advertising fee |     | $                             |   125,520 |     | $    |    62,250 |     | $    |   7,981 |
| iMHKB Group Ltd       |     | Purchases of good             |     | $                             |         — |     | $    | 1,070,858 |     | $    | 137,289 |

Apart from the transactions and balances detailed above and elsewhere in these accompanying combined financial statements, the Company has no other significant or material related party transactions during the years presented. NOTE 13 — CONCENTRATIONS OF RISKS The Company is exposed to the following concentrations of risks: (a)Major customers For the years ended March 31, 2023 and 2024, there is no single customer who accounted for 10% or more of the Company’s revenues and its outstanding receivable balances at year -enddates.

F-48

GIFTS INTERNATIONAL HOLDINGS LIMITED AND SUBSIDIARIES
NOTES TO THE COMBINED FINANCIAL STATEMENTS NOTE 13 — CONCENTRATIONS OF RISKS (CONT.) (b)Major vendors For the years ended March 31, 2023 and 2024, the single vendor who accounted for 10% or more of the Company’s purchases and its outstanding payable balances at year -enddates, are presented as follows:

|          |     |           | Year ended March 31, 2023 |     |               |   |     |          | As of March 31, 
            2023 |
|:---------|:----|:----------|--------------------------:|:----|--------------:|:--