Company: GINT
Filing Date: 2025-06-27
Form Type: F-1/A
Source: 0001213900-25-058872
Chunk: 102

Company: Gifts International Holdings Ltd
Filing Date: 2025-06-27
Form: F-1/A
Chunk 102
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051,500 Class A Ordinary Shares and 8,248,500 Class B Ordinary Shares issued and outstanding. Following completion of this offering, giving effect to the sale of the Class A Ordinary Shares being offered hereby, Mr.Ngai Chiu Wong, will own [8,248,500] Class B Ordinary Shares, representing [93.46]% of the voting power of Gifts International assuming that the underwriters do not exercise their over -allotmentoption. Because more than 50% of the voting power of the Company will be held by a single entity after the completion of this offering, we will be a controlled company under the Nasdaq Capital Market corporate governance rules. See “Risk Factors — Risks Related to Our Shares.”

55 MANAGEMENT’S DISCUSSION AND ANALYSIS OF
FINANCIAL CONDITION AND RESULTS OF OPERATIONS The following discussion and analysis of our financial condition and results of operations should be read in conjunction with our financial statements and the related notes included elsewhere in this prospectus. This discussion contains forward -looking statements reflecting our current expectations that involve risks and uncertainties. See “Special Note Regarding Forward -Looking Statements” for a discussion of the uncertainties, risks and assumptions associated with these statements. Actual results and the timing of events could differ materially from those discussed in our forward -looking statements as a result of many factors, including those set forth under “Risk Factors” and elsewhere in this prospectus. Overview We believe we are a leading provider in Hong Kong’s high -valuecorporate gifting industry. Operating under the “GiveGiftBoutique” brand, we offer one -stopB2B tailored gift solutions with custom proposals, as well as predesigned gifts through our eCommerce website. We diverse product line caters to both B2B and business -to-customer(B2C) markets, including branded gift hampers, VIP box sets, floral and fruit baskets, and seasonal gifts, serving various occasions in Hong Kong. For the years ended March 31, 2024 and 2023, total revenue was HK$81.6 million (US$10.5million) and HK$87.5 million, respectively. Our gross profit and net income were HK$31.0 million (US$4.0million) and HK$6.3million (US$0.8million), respectively, for the year ended March 31, 2024, as compared to our gross profit and net income of HK$27.1 million and HK$3.7 million