Company: GINT
Filing Date: 2025-08-04
Form Type: F-1/A
Source: 0001213900-25-070836
Chunk: 66

Company: Gifts International Holdings Ltd
Filing Date: 2025-08-04
Form: F-1/A
Chunk 66
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 failure to identify and respond to such changes in market trends or shifts in customers’ preferences could result in decreased number of customers and reduced customer satisfaction, and could cause our business and financial performance to be adversely affected. Our operating results rely on the performance of our sales during peak seasons. Sales of our products are seasonal, concentrated in the festive periods, including but not limited to the Chinese New Year, Mother’s Day, Easter, Mid -autumnfestival and Christmas. During festive periods, our customers, both individual and corporate clients, require our top quality and tailor -madecorporate gifts to suit their relationship management needs. If sales during these periods do not meet our expectations, we may not generate sufficient revenue and our financial performance will be adversely affected. 31 Failure to compete effectively may adversely affect our market share and profitability. The industry we operate in is intensely competitive with respect to, among other things, brand recognition, product portfolio, quality, services and prices. Our competitors include a variety of sole -proprietorshipoperations, local and regional firms at different levels. Further, consumers in this industry often gravitate towards large -scaleand notable market participants, further driving market consolidation in favor of these large -scalecompanies. Industry players are increasingly pursuing horizontal and vertical business expansions to diversify their revenue streams, strengthen market positions and lower operational and management costs. Furthermore, new competitors may emerge from time to time, which may further intensify the competition. Increased competition may reduce our margins and market share and impact brand recognition, or result in significant losses. When we set prices, we have to consider how competitors have set prices for the same or similar products. When they cut prices or offer additional benefits to compete with us, we may have to lower our own prices or offer additional benefits or risk losing market share, either of which could adversely affect our financial condition and results of operations. Our ability to effectively compete will depend on various factors, including our ability to expand our product portfolio, to enhance marketing efficiency, to pursue collaborations with famous brands and to maintain our timely fulfillment capability. Failure to successfully compete may prevent us from increasing or sustaining our revenue and profitability and potentially lead to a loss of market share, which could have a material and adverse effect on our business, financial condition, results of operations and cash flows. Our business depends on a strong brand, which we might not be able to maintain or enhance. We must maintain and enhance our “GiveGiftBoutique” brand to expand our customer base and our revenues. We believe that the