Company: BGHL
Filing Date: 2025-09-22
Form Type: F-1/A
Source: 0001213900-25-089787
Chunk: 175

Company: BILLION GROUP HOLDINGS Ltd
Filing Date: 2025-09-22
Form: F-1/A
Chunk 175
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 Our audits included performing procedures to assess the risks of material misstatement of the combined financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the combined financial statements. We believe that our audits provide a reasonable basis for our opinion. /s/ AssentSure PAC We have served as the Company’s auditor since 2025. Singapore PCAOB ID

# 6783 May 30, 2025 F-2
BILLION GROUP HOLDINGS LIMITED COMBINED BALANCE SHEETS

|                                                                                                                                                 |     |        As at 
 December 31, 
         2024 |   |     |        As at 
 December 31, 
         2024 |   |     |        As at 
 December 31, 
         2023 |   |
|:------------------------------------------------------------------------------------------------------------------------------------------------|:----|-------------:|:--|:----|-------------:|:--|:----|-------------:|:--|
|                                                                                                                                                 |     |          US$ |   |     |          HK$ |   |     |          HK$ |   |
| ASSETS                                                                                                                                          |     |              |   |     |              |   |     |              |   |
| Current assets                                                                                                                                  |     |              |   |     |              |   |     |              |   |
| Cash and cash equivalents                                                                                                                       |     |       32,114 |   |     |      250,491 |   |     |       81,662 |   |
| Inventories                                                                                                                                     |     |       28,887 |   |     |      225,320 |   |     |    2,561,960 |   |
| Accounts receivable, net                                                                                                                        |     |    5,474,011 |   |     |   42,697,286 |   |     |   12,263,998 |   |
| Other current assets                                                                                                                            |     |       22,315 |   |     |      174,057 |   |     |            — |   |
| Amounts due from former related companies                                                                                                       |     |            — |   |     |            — |   |     |    2,969,602 |   |
| Total