Company: BGHL
Filing Date: 2025-09-12
Form Type: F-1/A
Source: 0001213900-25-087202
Chunk: 175

Company: BILLION GROUP HOLDINGS Ltd
Filing Date: 2025-09-12
Form: F-1/A
Chunk 175
---
 to give any information or to represent anything not contained in this prospectus. You must not rely on any unauthorized information or representations. This prospectus is an offer to sell only the securities offered hereby, but only under circumstances and in jurisdictions where it is lawful to do so. The information contained in this prospectus is current only as of its date. 114

INDEX TO THE COMBINED FINANCIAL STATEMENTS

| CONTENTS                                                                                                  
 REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM                                                   
 COMBINED BALANCE SHEETS AS OF DECEMBER 31, 2024 AND 2023                                                  
 COMBINED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023 |     | PAGE(S) 
 F-2     
 F-3     
 F-4     |
|:----------------------------------------------------------------------------------------------------------|:----|:--------|
| COMBINED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023     |     | F-5     |
| COMBINED STATEMENTS OF CASH FLOWS FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023                          |     | F-6     |
| NOTES TO THE COMBINED FINANCIAL STATEMENTS                                                                |     | F-7     |

F-1 REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM To the Board of Directors and Shareholders of
Billion Group Holdings Limited Opinion on the Financial Statements We have audited the accompanying combined balance sheets of Billion Group Holdings Limited and its subsidiaries (the “Company”) as of December31, 2024 and 2023, and the related combined statements of operations and comprehensive income, changes in shareholders’ equity, and cash flows for each of the two years in the period ended December31, 2024, and the related notes (collectively referred to as the “financial statements”). In our opinion, the financial statements present fairly, in all material respects, the financial position of the Company as of December31, 2024 and 2023, and the results of its operations and its cash flows for each of the two years in the period ended December31, 2024, in conformity with accounting principles generally accepted in the United States of America. Basis for Opinion These combined financial statements are the responsibility of the Company’s management.