Company: GINT
Filing Date: 2025-08-04
Form Type: F-1/A
Source: 0001213900-25-070836
Chunk: 65

Company: Gifts International Holdings Ltd
Filing Date: 2025-08-04
Form: F-1/A
Chunk 65
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au are stipulated by Law no. 11/2009 “Law on Combatting Computer Crime” (amended by Law no. 4/2020), the relevant provisions for anti -monopolypractices in Macau are stipulated in the Macau Commercial Code, which addresses “Unfair Competition,” as well as in Law no. 9/2021 “Consumer Rights and Interests Protection Law.” Generally, violations of the provisions of Law No. 4/2020 may lead to a court order for the dissolution of a company or a public sector requirement for judicial liquidation, but only under specific circumstances. Otherwise, none of the abovementioned regulatory requirements related to data security or anti -monopolyconcerns in Macau will fundamentally affect the operation of MGGB or us to conduct business in Macau, accept foreign investments or list on U.S. and other foreign exchanges, unless under certain circumstances. These circumstances are referenced in Article13, paragraph 1 and paragraph3, item 2 of the Law No. 11/2009 on Combating Computer Crimes Law, amended by Law No. 4/2020, pursuant to which, if a crime stipulated in the Law is committed in the name of a company or in its interests, such as entering or interfering with a computer system without permission, obtaining or damaging data, manufacturing or providing criminal tools, computer forgery or computer fraud, etc., in addition to the company being subject to relevant criminal liability, the court has the authority to order the dissolution of the company if the conditions referred to in Paragraph 7 of Article 13 are met at the same time. Risks Related to Our Business No assurance that we will be able to identify and respond to latest market trends and customers’ preferences, and there is no guarantee of continuous customer satisfaction with our products which would affect our business and financial performance. Our business historically has focused on design and sale of floral gifts, fresh fruit baskets, corporate gift hampers, seasonal gifts, individual gifts and customized gifts. We serve both corporate and individual customers through online platform offering a broad product range of over 2,075 gifts in 40 categories. Constantly changing product trends and consumer preferences have affected and will continue to affect our business. To maintain our attractiveness, we continuously expand our product offerings to provide a wider array of meticulously customizable gifts for our customers. We must stay abreast of constantly changing market trends and customers’ preferences and anticipate product trends that will appeal to existing and new customers. Any