Company: BGHL
Filing Date: 2025-10-01
Form Type: F-1/A
Source: 0001213900-25-094318
Chunk: 99

Company: BILLION GROUP HOLDINGS Ltd
Filing Date: 2025-10-01
Form: F-1/A
Chunk 99
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 for the year ended December 31, 2024, compared to that of HK$5,018,729 for the year ended December 31, 2023. The increase in amounts due to former related companies was due to the increase in working capital requirements of the operating entity to support its business operations in the first quarter of 2024. Net Cash Provided by Financing Activities Financing activities generated cash of HK$8,271,760 for the year ended December 31, 2024. Financing activities comprise issue of shares and additional paid -incapital of subsidiaries. There was no cash flows from financing activities for the year ended December 31, 2023. Sources of Liquidity We finance the operations of the operating entity with internally generated cash flows. As of December 31, 2024 and 2023, our cash and cash equivalents stood at HK$250,491 and HK$81,662, respectively. The operating entity had no other external borrowings. For the Six Months Ended June 30, 2025 Compared to the Six Months Ended June 30, 2024 Overview Amounts in USD or US$ are presented and are converted from our interim combined balance sheets as of June 30, 2025, and our interim combined statements of operations and comprehensive income and interim combined statements of cash flows for the six months ended June 30, 2025 at the rate of US$1.00 to HK$7.80. No representation is made that the HK$ amounts could have been, or could be converted, realized or settled into US$ at such rate or at any other rate. 53

INTERIM COMBINED BALANCE SHEETS (Unaudited)

|                                                                                                                                                                                                 |     |     As at 
  June 30, 
      2025 |     |      As at 
   June 30, 
       2025 |     |        As at 
 December 31, 
         2024 |   |     |    Variance |   |     |         |   |
|:------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|:----|----------:|:----|-----------:|:----|-------------:|:--|:----|------------:|:--|:----|--------:|:--|
|                                                                                                                                                                                                 |     |       US$ |     |        HK$ |     |          HK$ |   |     |         HK$ |   |     |       % |   |
| ASSETS                                                                                                                                                                                          |     |