Company: GINT
Filing Date: 2025-05-16
Form Type: DRS/A
Source: 0001213900-25-044839
Chunk: 15

Company: Gifts International Holdings Ltd
Filing Date: 2025-05-16
Form: DRS/A
Chunk 15
---
 into U.S. dollars at the closing rate of exchange as of the balance sheet dates, the statement of income is translated using average rate of exchange in effect during the reporting periods, and the equity accounts are translated at historical exchange rates. Unless otherwise noted, all translations from HKD to U.S. dollars and from U.S. dollars to HKD in this prospectus were calculated with reference to the table below. No representation is made that the HKD amounts could have been, or could be, converted, realized or settled into US$ at such rate, or at any other rate.

|                                     |     | Six months ended September 30, 
                           2024 |     |   2023 |     | Year ended March 31, 
                 2024 |     |   2023 |
|:------------------------------------|:----|-------------------------------:|:----|-------:|:----|---------------------:|:----|-------:|
| Year end HKD: US$ exchange rate     |     |                         7.7693 |     | 7.8308 |     |               7.8000 |     | 7.8000 |
| Year average HKD: US$ exchange rate |     |                         7.7693 |     | 7.8308 |     |               7.8000 |     | 7.8000 |

iv PROSPECTUS SUMMARY This summary highlights selected information contained elsewhere in this prospectus. Because it is only a summary, it does not contain all of the information you should consider before making your investment decision. Before investing in our Shares, you should carefully read this entire prospectus, including our financial statements and the related notes thereto and the information set forth under “Risk Factors,” “Selected Combined Financial Data,” “Management’s Discussion and Analysis of Financial Condition and Results of Operations,” and “Business.” Unless the context otherwise requires, all references to “Gifts International”, “we”, “us”, “our”, the “Company” and similar designations refer to Gifts International Holdings Limited, a BVI company, and its wholly -owned subsidiaries. Overview We believe we are one of the leading market players in the corporate gifting industry in Hong Kong, served over 135,000 corporate and individual customers, and distributed over 700,000 gifts, since we started business in June 2008. About 70% of our clientele are corporate clients, which span across different industries, including banks, insurance companies, real