Company: GINT
Filing Date: 2025-05-16
Form Type: DRS/A
Source: 0001213900-25-044839
Chunk: 200

Company: Gifts International Holdings Ltd
Filing Date: 2025-05-16
Form: DRS/A
Chunk 200
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   |     |      |            |   |     |      |           |   |
| Cash paid for income taxes                                                     |     | $                              |          — |   |     | $    |          — |   |     | $    |         — |   |
| Cash paid for interest                                                         |     | $                              |     94,699 |   |     | $    |    149,436 |   |     | $    |    19,234 |   |
| Non-cash investing and financing activities:                                   |     |                                |            |   |     |      |            |   |     |      |           |   |
| Final dividends to the shareholder offset with amount due from the shareholder |     | $                              |          — |   |     | $    |          — |   |     | $    |         — |   |

See accompanying notes to the unaudited condensed consolidated and combined financial statements.

F-5

GIFTS INTERNATIONAL HOLDINGS LIMITED AND SUBSIDIARIES
NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED AND
COMBINED FINANCIAL STATEMENTS NOTE 1 — BUSINESS OVERVIEW AND BASIS OF PRESENTATION Gifts International Holdings Limited (“GIHL” or the “Company”) was incorporated in British Virgin Islands (“BVI”) on April 16, 2024. The Company is a leading provider in Hong Kong’s high -valuecorporate gifting industry. Operating under the “GiveGiftBoutique” brand, the Company offers one -stopB2B tailored gift solutions with custom proposals, as well as predesigned gifts through its eCommerce website. Its diverse product line caters to both B2B and B2C markets, including branded gift hampers, VIP box sets, floral and fruit baskets, and seasonal gifts, serving various occasions across Hong Kong, Macau, and the southern part of the People’s Republic of China (PRC). Description of entities incorporated and controlled by the Company:

| Name                                              |     | Background                                                      |     | Effective ownership              |
| Give Gifts Boutique (BVI) Limited (“GGBB”)        |     | •   BVI company                                                 
 •   Incorporated on May 21, 2024                                
 •   Issued and outstanding 100 ordinary share for US$1          
 •   Investment holding                                          |     | 100% owned by GIHL               |
| Broaden Leisure Outlets Company Limited (“BLOC”)  |