Company: AGCC
Filing Date: 2025-07-10
Form Type: F-1
Source: 0001213900-25-062654
Chunk: 121

Company: Agencia Comercial Spirits Ltd.
Filing Date: 2025-07-10
Form: F-1
Chunk 121
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and distribution business, whether the supplier’s geographical location is convenient for logistics transportation, and whether it can reduce transportation costs and time. Cooperation relationship:History and stability of cooperation between the supplier and our Group, whether there is a good basis for communication and collaboration. Compliance and certification:Whether suppliers meet relevant industry standards and certification requirements to ensure product quality and safety. We build trusting relationships with our suppliers to work more efficiently with suppliers to monitor inventory, forecast demand, and improve delivery efficiency. Ensure common goals and values are shared with suppliers to set sustainable development goals. Our founder, Mr. Tsai, has over 10 years of experience in the alcoholic beverages’ distribution and wholesale business. His expertise and industry knowledge have been instrumental in guiding our procurement strategies and establishing stable relationships with our major suppliers. With a long operating history and a solid reputation in the business, we have not experienced significant difficulties in procuring alcoholic beverages in accordance with our operational objectives and budgets. We consider our major suppliers to be those suppliers that accounted for more than 10% of our overall purchases. Although our purchases were concentrated on major suppliers, in each of the fiscal years 2023 and 2024, there were three suppliers that consistently accounted for a majority of our total purchases. As we procure alcoholic beverages from the market ad hoc based on our business objectives and the prevailing market conditions, we do not normally have long -termsupply contracts with our suppliers, including our major suppliers. Instead, in our ordinary course of business, we have an established practice of issuing standard purchase orders to our suppliers for each purchase, specifying simple price, quantity, delivery, and payment terms. 82

As of the end of December 31, 2023 and 2024, our top suppliers and their respective percentages of our total purchases were as follows:

|            |     | For the financial years ended December 31, |     |       |   |     |         |     |       |   |
|            |     |                                       2023 |     |       |   |     |    2024 |     |       |   |
|            |     |                                        US$ |     |     % |   |     |     US$ |     |     % |   |
| Supplier A |     |                                    595,228 |     | 37.88 | % |     | 262,826 |     | 15.23 | % |
| Supplier B |     |                                    288,773 |     | 18.38 | % |