Company: GINT
Filing Date: 2025-08-04
Form Type: F-1/A
Source: 0001213900-25-070836
Chunk: 111

Company: Gifts International Holdings Ltd
Filing Date: 2025-08-04
Form: F-1/A
Chunk 111
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. Off-Balance Sheet Arrangements We had not entered any material off -balancesheet transactions and arrangements during the years ended March 31, 2024 and 2025.

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Contractual obligations The following table summarizes our contractual obligations as of March 31, 2025:

|                            |     | Payment due by period |     |              |     |           |     |           |
|                            |     |             Less than 
                1 year |     | 1 to 3 years |     | More than 
   3 years |     |     Total |
|                            |     |                   HKD |     |          HKD |     |       HKD |     |       HKD |
| Bank borrowings            |     |             1,564,669 |     |    3,221,742 |     |   994,734 |     | 5,781,145 |
| Finance lease obligation   |     |                79,736 |     |      141,876 |     |    57,950 |     |   279,562 |
| Operating lease obligation |     |             1,844,817 |     |      266,387 |     |         — |     | 2,111,204 |
| Total                      |     |             3,489,222 |     |    3,630,005 |     | 1,052,684 |     | 8,171,911 |

The amount represents contractual lease obligations entered into by our Company which will be due within the next 1 year and long -termbank borrowings entered by our Company due within the next 5 years. Critical Accounting Policies and Estimates The following critical accounting policies were used in preparing our consolidated and combined financial statements: Emerging Growth Company The Company is an “emerging growth company,” as defined in Section 2(a) of the Securities Act, as modified by the Jumpstart Our Business Startups Act of 2012 (the “JOBS Act”), and it may take advantage of certain exemptions from various reporting requirements that are applicable to other public companies that are not emerging growth companies including, but not limited to, not being required to comply with the independent registered public accounting firm attestation requirements of Section 404 of the Sarbanes -OxleyAct, reduced disclosure obligations regarding executive compensation in its periodic reports and proxy statements, and exemptions from the requirements of holding a nonbinding advisory vote on executive compensation and shareholder approval of any