Company: BGHL
Filing Date: 2025-09-22
Form Type: F-1/A
Source: 0001213900-25-089787
Chunk: 133

Company: BILLION GROUP HOLDINGS Ltd
Filing Date: 2025-09-22
Form: F-1/A
Chunk 133
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 received funds advanced from Kingtop Asia Investment Limited of HK$8,992,843 and took up payables assigned from other former related companies of HK$13,782,038 during the year ended December 31, 2024. (vi)The Group had additional payable of HK$985,318 resulted from purchases from Shenzhen Shengshi Fuqiang Technology Co., Ltd. and the amount due to Shenzhen Shengshi Fuqiang Technology Co., Ltd. of HK$1,312,467 was assigned to China AF Finance Limited during the year ended December 31, 2023. There was no fund advanced from/to Shenzhen Shengshi Fuqiang Technology Co., Ltd. during the year ended December 31, 2024. (vii)China AF Finance Limited advanced funds of HK$3,025,911 to the Group and took up payable of HK$1,312,467 assigned from Shenzhen Shengshi Fuqiang Technology Co., Ltd. during the year ended December 31, 2023. The amount due to China AF Finance Limited of HK$10,895,156 was assigned to Kingtop Asia Investment Limited during the year ended December 31, 2024. (viii) There was no fund advanced from/to Skyline Top Limited during the year ended December 31, 2023. The amount due to Skyline Top Limited of HK$4,395,749 was assigned to Kingtop Asia Investment Limited during the year ended December 31, 2024. (ix)Wide Graceful Holdings Limited advanced funds of HK$991,000 to the Group during the year ended December 31, 2023. The amount due to Wide Graceful Holdings Limited of HK$991,000 was assigned to Kingtop Asia Investment Limited during the year ended December 31, 2024. Policies and Procedures for Related Party Transactions Our board of directors has created an audit committee in connection with this offering which will be tasked with review and approval of all related party transactions.

86 DESCRIPTION OF SHARES We are a Cayman Islands exempted company incorporated with limited liability and our affairs are governed by our Post -offeringmemorandum of association (“ Memorandum”) and articles of association (“ Articles”), as amended or restated from time to time, and the Companies Act (as revised) of the Cayman Islands, which is referred to as the “Cayman Companies Act below”, and the common law of the Cayman Islands. A Cayman Islands