Company: BGHL
Filing Date: 2025-09-22
Form Type: F-1/A
Source: 0001213900-25-089787
Chunk: 101

Company: BILLION GROUP HOLDINGS Ltd
Filing Date: 2025-09-22
Form: F-1/A
Chunk 101
---
 of discerning customers and maintain Hong Kong’s status as a global culinary capital. Growing Affluence and High Concentration of Ultra -High - Net-Worth Individuals:Hong Kong ranks second globally in the concentration of ultra -high - net-worthindividuals, with 12,546 individuals each worth over US$30 million in 2024. The affluent demographic drives significant demand for premium and exclusive food and beverage products, as luxury dining and unique culinary experiences are integral aspects of their lifestyle. Additionally, Hong Kong’s gross national disposable income has seen steady growth, increasing from HKD 2,967,147 million in 2019 to HKD 3,457,631 million in 2024, at a CAGR of approximately 3.1%. This rise in national wealth reflects a broader increase in purchasing power, further fueling demand for premium supply chain solutions that can deliver rare, high -qualityproducts to meet the expectations of this ultra -richconsumer base. The growing demand ensures a consistent flow of business across the value chain, from sourcing to delivery, and has reinforced Hong Kong’s position as a key hub for luxury food and beverage services. Increased Consumer Awareness of Quality and Authenticity:Consumers in Hong Kong are becoming increasingly aware of the quality and authenticity of the food and beverages they consume. There is strong demand for premium products like Wagyu beef, fine seafood, and red wine, which are valued for their exclusivity, provenance, and exceptional quality. The shift is driven by a growing preference for ethically sourced, sustainably produced, and traceable goods. Customers are demanding greater transparency in the supply chain to ensure these products meet rigorous standards of quality, safety, and authenticity. For the premium food and beverage supply chain industry, this trend has created opportunities to leverage advanced technologies such as blockchain for traceability and IoT -enabledmonitoring systems that preserve the integrity of these high -valuegoods. This focus on quality and authenticity has not only strengthened consumer trust but also enhanced the market for premium offerings, reinforcing Hong Kong’s position as a hub for luxury food and beverage products. 56 Robust Tourism and Event Industry: Known as a global business and cultural hub, Hong Kong attracts millions of international visitors annually, many of whom seek luxury dining experiences at high -endrestaurants, five -starhotels, and exclusive private clubs. Additionally, the city hosts numerous large -scaleevents, such as international trade fairs, conventions, art exhibitions, and luxury brand showcases, all of which require premium catering services featuring