Company: BGHL
Filing Date: 2025-08-29
Form Type: F-1
Source: 0001213900-25-082403
Chunk: 182

Company: BILLION GROUP HOLDINGS Ltd
Filing Date: 2025-08-29
Form: F-1
Chunk 182
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10,017,835 |     |    8,932,974 |

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

|            |     |        As at 
 December 31, 
         2024 |   |     |        As at 
 December 31, 
         2023 |   |
|:-----------|:----|-------------:|:--|:----|-------------:|:--|
| Supplier A |     |           80 | % |     |           28 | % |
| Supplier B |     |            0 | % |     |           34 | % |
| Supplier C |     |            2 | % |     |           31 | % |
| Supplier D |     |           17 | % |     |            0 | % |

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

|            |     |   Year Ended 
 December 31, 
         2024 |   |     |   Year Ended 
 December 31, 
         2023 |   |
|:-----------|:----|-------------:|:--|:----|-------------:|:--|
| Supplier A |     |           57 | % |     |           28 | % |
| Supplier B |     |           21 | % |     |           20 | % |
| Supplier C |     |            8 | % |     |           26 | % |
| Supplier E |     |           10 | % |     |           21 | % |

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

|                  |     |        As at 
 December 31, 
         2024 |     |        As at 
 December 31, 
         2024 |     |        As at 
 December 31, 
         2023 |
|:-----------------|:----|-------------:|:----|-------------:|:----|-------------:|
|                  |     |          US$ |     |          HK$ |     |          HK$ |
| Accrued expenses |     |       32,999 |     |      257,394 |     |      187,577 |
| Other payables   |     |       31,469 |     |      245