Company: BGHL
Filing Date: 2025-10-01
Form Type: F-1/A
Source: 0001213900-25-094318
Chunk: 53

Company: BILLION GROUP HOLDINGS Ltd
Filing Date: 2025-10-01
Form: F-1/A
Chunk 53
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 our products causes injury, illness, or death. Such liability may result from proceedings filed by consumer agencies, and individual consumers. We may have to pay significant damages. Adverse publicity concerning any perceived or real health risk associated with our products could also cause customers to lose confidence in the safety and quality of our food products, which could adversely affect our ability to sell our products. We could also be adversely affected by perceived or real health risks associated with similar products produced by others to the extent that such risks cause customers to lose confidence in the safety and quality of such products generally. Our operations may be adversely affected by disruptions in logistics services or mishandling of products by third-party logistics providers. We rely on third -partylogistics partners to deliver premium food products, including Wagyu beef, sea cucumber, abalone, fish maw, and high -endred wine, to our warehouses and B2B clients. The integrity of these perishable products, which often require temperature -controlledtransportation and strict handling protocols, is critical to maintaining their quality and shelf life. Any delays, temperature deviations, or physical damage during transit could compromise product freshness, leading to spoilage, customer rejections, or contractual penalties. While we enforce service -levelagreements with logistics providers, contractual remedies may not fully offset losses from reputational harm or client attrition, particularly in jurisdictions with limited legal recourse. Failure to compete effectively may adversely affect our market share and profitability. The industry is highly competitive, with rivalry based on brand recognition, product quality, service differentiation, and pricing. We compete against regional, national, and international distributors of luxury ingredients, including Wagyu beef, sea cucumber, abalone, and premium wines, as well as potential new entrants. Increased competition could compress margins, erode market share, or diminish brand equity, particularly if competitors leverage aggressive pricing, exclusive supplier agreements, or enhanced customer incentives. Some of our current or future competitors may have longer operating histories, greater brand recognition, better supplier relationships, larger customer bases, more comprehensive distribution network, better access to consumers, higher penetration in certain regions or greater financial, technical or marketing resources than we do. These competitors may negotiate more favorable terms with suppliers, invest heavily in marketing campaigns, or adopt advanced supply chain technologies to secure scarce high -endproducts. We cannot assure you that we will be able to compete successfully against current or future competitors, and competitive pressures may have a material and adverse effect on our business, financial conditions and results of operations. Our ability to effectively compete will depend