Company: BGHL
Filing Date: 2025-10-28
Form Type: F-1/A
Source: 0001213900-25-102958
Chunk: 214

Company: BILLION GROUP HOLDINGS Ltd
Filing Date: 2025-10-28
Form: F-1/A
Chunk 214
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|                                |     |      US$ |     |      HK$ |     |          HK$ |
| Cash held in banks and on hand |     |   67,968 |     |  530,153 |     |      250,491 |

Cash and cash equivalents were maintained in Hong Kong. Cash held in banks earns interest at floating rates based on daily bank deposit rates. 11.ACCOUNTS PAYABLE

|                  |     | As at    
 June 30, 
 2025     |     | As at    
 June 30, 
 2025     |     |        As at 
 December 31, 
         2024 |
|:-----------------|:----|:---------|:----|:---------|:----|-------------:|
|                  |     | US$      |     | HK$      |     |          HK$ |
| Accounts payable |     | —        |     | —        |     |   10,017,835 |

The Group normally obtains credit terms of 60 -90days from suppliers. A concentration analysis of accounts payable is as follows:

|            |     | As at    
 June 30, 
 2025     |     |        As at 
 December 31, 
         2024 |   |
|:-----------|:----|:---------|:----|-------------:|:--|
| Supplier A |     | —        |     |           80 | % |
| Supplier C |     | —        |     |            2 | % |
| Supplier D |     | —        |     |           17 | % |

A concentration analysis of the suppliers based on the purchases made during the periods is as follows:

|            |     | Six Months 
      Ended 
   June 30, 
       2025 |   |     | Six Months 
      Ended 
   June 30, 
       2024 |   |
|:-----------|:----|-----------:|:--|:----|-----------:|:--|
| Supplier A |     |         57 | % |     |         78 | % |
| Supplier D |     |         43 | % |     |          — |   |
| Supplier E |     |          — |   |     |         22 | % |

12.ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES Accrued expenses and other current liabilities consist of the following: