Company: BGHL
Filing Date: 2025-10-01
Form Type: F-1/A
Source: 0001213900-25-094318
Chunk: 146

Company: BILLION GROUP HOLDINGS Ltd
Filing Date: 2025-10-01
Form: F-1/A
Chunk 146
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 HK$2,442,658 to and net off management fee payable of HK$1,315,046 to China Eco -farmingLimited during the year ended December 31, 2023. The amount due from China Eco -farmingLimited of HK$2,654,318 was assigned to Kingtop Asia Investment Limited during the year ended December 31, 2024. (iv)Billion Enterprise International Limited advanced funds of HK$186,029 to and net off management fee payable of HK$552,926 to Kingtop Asia Investment Limited during the year ended December 31, 2023. The amount due from Kingtop Asia Investment Limited of HK$260,484 was fully net off with the management fee payable during the year ended December 31, 2024. (v)Kingtop Asia Investment Limited advanced funds of HK$16,500 to Harmony Alliance during the year ended December 31, 2023. The Group had additional management fee payable of HK$1,323,516 (total management fee charged of HK$1,584,000, less amount being net off with receivable of HK$260,484), received funds advanced from Kingtop Asia Investment Limited of HK$8,992,843 and took up payables assigned from other former related companies of HK$13,782,038 during the year ended December 31, 2024. The amounts due were fully settled during the six months ended June 30, 2025. (vi)The Group had additional payable of HK$985,318 resulted from purchases from Shenzhen Shengshi Fuqiang Technology Co., Ltd. and the amount due to Shenzhen Shengshi Fuqiang Technology Co., Ltd. of HK$1,312,467 was assigned to China AF Finance Limited during the year ended December 31, 2023. There was no fund advanced from/to Shenzhen Shengshi Fuqiang Technology Co., Ltd. during the year ended December 31, 2024. (vii)China AF Finance Limited advanced funds of HK$3,025,911 to the Group and took up payable of HK$1,312,467 assigned from Shenzhen Shengshi Fuqiang Technology Co., Ltd. during the year ended December 31, 2023. The amount due to China AF Finance Limited of HK$10,895,156 was assigned to Kingtop Asia Investment Limited during the year ended December 31, 2024. (viii)