Company: BGHL
Filing Date: 2025-09-11
Form Type: F-1/A
Source: 0001213900-25-086807
Chunk: 175

Company: BILLION GROUP HOLDINGS Ltd
Filing Date: 2025-09-11
Form: F-1/A
Chunk 175
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. We conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud. The Company is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. As part of our audits, we are required to obtain an understanding of internal control over financial reporting, but not for the purpose of expressing an opinion on the effectiveness of the Company’s internal control over financial reporting. Accordingly, we express no such opinion. Our audits included performing procedures to assess the risks of material misstatement of the combined financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the combined financial statements. We believe that our audits provide a reasonable basis for our opinion. /s/ AssentSure PAC We have served as the Company’s auditor since 2025. Singapore PCAOB ID

# 6783 May 30, 2025 F-2
BILLION GROUP HOLDINGS LIMITED COMBINED BALANCE SHEETS

|                                                                                                                                                 |     |        As at 
 December 31, 
         2024 |   |     |        As at 
 December 31, 
         2024 |   |     |        As at 
 December 31, 
         2023 |   |
|:------------------------------------------------------------------------------------------------------------------------------------------------|:----|-------------:|:--|:----|-------------:|:--|:----|-------------:|:--|
|                                                                                                                                                 |     |          US$ |   |     |          HK$ |   |     |          HK$ |   |
| ASSETS                                                                                                                                          |     |              |   |     |              |   |     |              |   |
| Current assets                                                                                                                                  |     |              |   |     |              |   |     |              |   |
| Cash and cash equivalents                                                                                                                       |     |       32,114 |   |     |      250,491 |   |     |       81,662 |   |
| Inventories                                                                                                                                     |     |       28,887 |   |     |      225,320 |   |     |    2,561