Company: GINT
Filing Date: 2025-01-28
Form Type: DRS/A
Source: 0001213900-25-007208
Chunk: 13

Company: Gifts International Holdings Ltd
Filing Date: 2025-01-28
Form: DRS/A
Chunk 13
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 all financial information contained in this prospectus is prepared and presented in accordance with generally accepted accounting principles in the United States of America (“U.S. GAAP” or “GAAP”). Certain amounts, percentages and other figures included in this prospectus have been subject to rounding adjustments. Accordingly, amounts, percentages and other figures shown as totals in certain tables or charts may not be the arithmetic aggregation of those that precede them, and amounts and figures expressed as percentages in the text may not total 100% or, when aggregated, may not be the arithmetic aggregation of the percentages that precede them. Other Pertinent Information Unless otherwise indicated or the context requires otherwise, references in this prospectus to: •“$” or “US$” or “U.S. dollars” refers to the legal currency of the United States; •“Amended Memorandum and Articles” refers to the amended and restated memorandum and articles of association of the Company (as amended from time to time) adopted on 3 October 2024, which became effective on 9 October 2024 and as amended, supplemented and/or otherwise modified from time to time; •“BCA” refers to the BVI Business Companies Act (Revised) of the BVI, as amended, supplemented or otherwise modified from time to time; •“Broaden Leisure” refers to Broaden Leisure Outlets Company Limited, our Hong Kong operating subsidiary; •“China,” “Mainland China,” or the “PRC” refers to the People’s Republic of China, for the purposes of this prospectus, excluding Hong Kong, the Macau Special Administrative Region of the PRC and Taiwan; •“Company,” “our Company,” or “Gifts International” refers to Gifts International Holdings Limited, a business company incorporated in the British Virgin Islands with limited liability under the BCA on April16, 2024. ii •“complaint rate” refers to ratio of number of complaints received and recorded by our customer service center to the total number of orders from customers for the respective period; •“Controlling Shareholder” refers to Mr.Ngai Chiu Wong, the ultimate beneficial owner of [*] C lass AOrdinary Shares and [*] Class B Ordinary Shares, representing [98.73]% of the voting power of the Company as of the date of this prospectus. See “Management” and “Principal and Selling Shareholders” for more information; •“CAC” refers to Cyberspace Administration of China; •“CSRC” refers