Company: GINT
Filing Date: 2025-07-18
Form Type: F-1/A
Source: 0001213900-25-065552
Chunk: 219

Company: Gifts International Holdings Ltd
Filing Date: 2025-07-18
Form: F-1/A
Chunk 219
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 respectively. NOTE 13 — RELATED PARTY BALANCES AND TRANSACTIONS Nature of relationships with related parties

| Name of related party |     | Relationship with the Company                 |
| Mr. Wong              |     | Director and major shareholder of the Company |
| Tutti Digital Limited |     | Entity controlled by common shareholder       |
| Take Care HK Limited  |     | Entity controlled by common shareholder       |
| iMHKB Group Ltd       |     | Entity controlled by common shareholder       |

F-24

GIFTS INTERNATIONAL HOLDINGS LIMITED AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED AND COMBINED FINANCIAL STATEMENTS NOTE 13 — RELATED PARTY BALANCES AND TRANSACTIONS (CONT.) Related party balances consisted of the following:

| Name            |     | Nature                        |     |    |     | As of March 31, 
 2024            
 HKD             |         |     | 2025 
 HKD  |           |     | 2025 
 USD  |         |
|:----------------|:----|:------------------------------|:----|:---|:----|:----------------|--------:|:----|:-----|----------:|:----|:-----|--------:|
| Mr. Wong        |     | Amount due from a shareholder |     | -a |     | $               | 165,505 |     | $    | 1,109,083 |     | $    | 142,557 |
| iMHKB Group Ltd |     | Purchase deposit              |     | -b |     | $               |       — |     | $    |    40,000 |     | $    |   5,141 |

(a) The amount due from a shareholder represented the temporary advances by the Company. The amount is unsecured, interest -freeand due on demand. As of the date of this prospectus, an amount of HK$900,000, or approximately 81.1% of the balance was settled. Mr.Wong undertakes to settle the remaining balance prior to the effective date of this prospectus. (b) The amount represented the purchase deposit for the procurement of goods. The amount is unsecured, interest -freeand repayable on demand. The balance was subsequently utilized upon the receipt of the ordered goods. In the ordinary course of business, during the years ended March 31, 2024 and 2025, the Company has involved with transactions, either at cost or current