Company: BGHL
Filing Date: 2025-05-30
Form Type: DRS
Source: 0001213900-25-049553
Chunk: 2

Company: BILLION GROUP HOLDINGS Ltd
Filing Date: 2025-05-30
Form: DRS
Chunk 2
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 “us,” “our,” “ourselves”, or similar terms are to Billion Group Holdings Limited and its subsidiaries. We conduct substantially all of our operations in Hong Kong. Hong Kong is a special administrative region of the People’s Republic of China (“PRC”) and the basic policies of the PRC regarding Hong Kong are reflected in the Basic Law of the Hong Kong Special Administrative Region (the “Basic Law”), which is a national law of the PRC and constitutional document for Hong Kong, which provides Hong Kong with a high degree of autonomy and executive, legislative and independent judicial powers, including that of final adjudication under the principle of “one country, two systems.” We are offering [*] Ordinary Shares, par value $[*] per share (“Ordinary Shares”) on a firm commitment basis. We expect the initial public offering price of our Ordinary Shares to be in the range of $[*] to $[*] per share. Prior to this offering, there has been no public market for our Ordinary Shares. We will apply to have our Ordinary Shares listed on the Nasdaq Capital Market, or Nasdaq, under the symbol “[*].” We cannot guarantee that we will be successful in listing our Ordinary Shares on the Nasdaq; however, we will not complete this offering unless we are so listed. Investing in our Ordinary Shares involves a high degree of risk, including the risk of losing your entire investment. See the section entitled “Risk Factors” starting on page 11 of this prospectus for a discussion of information that should be considered before making a decision to purchase our Ordinary Shares. Investors in this Offering are not purchasing equity securities of Billion Enterprise International Limited. Instead, they are purchasing Ordinary Shares of Billion Group Holdings Limited, a Cayman Islands business company and the parent company of Billion Enterprise International Limited. Such a structure involves unique risks to investors in this Offering. Chinese regulatory authorities could disallow this structure, which would likely result in a material change in our operations and/or a material change in the value of the securities we are registering for sale, including that it could cause the value of such securities to significantly decline or become worthless. For a detailed description, see “Risk Factors — Risks Related to our Ordinary Shares and this Offering” on page 26 of this prospectus and “Risks Related to Doing Business in Hong Kong” on page 11 of this prospectus. We are an “emerging growth company” as defined under the federal securities laws and will be subject to reduced public company reporting requirements. See “Prospectus Summary