Company: CHOW
Filing Date: 2025-01-13
Form Type: DRS/A
Source: 0001493152-25-001833
Chunk: 96

Company: ChowChow Cloud International Holdings Ltd
Filing Date: 2025-01-13
Form: DRS/A
Chunk 96
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789,586 |     |   |  37.5 |     |        |    60.6 |   |
| - Sale of Hardware, Software and IT Application Products with IT Professional 
 Services                                                                      |     |                         |      74,400 |     |   |   0.1 |     |      |   5,095,674 |     |     |    653,291 |     |   |   3.6 |     |        | 6,749.0 |   |
| IT Professional Services                                                      |     |                         |   7,830,723 |     |   |   7.3 |     |      |   4,848,321 |     |     |    621,579 |     |   |   3.4 |     |        |   (38.1 | ) |
| Maintenance and Support Services                                              |     |                         |     832,092 |     |   |   0.8 |     |      |   2,144,530 |     |     |    274,940 |     |   |   1.5 |     |        |   157.7 |   |
|                                                                               |     |                         |  96,366,692 |     |   |  89.6 |     |      | 123,297,936 |     |     | 15,807,427 |     |   |  87.2 |     |        |    27.9 |   |
| Total revenues                                                                |     |                         | 107,628,218 |     |   | 100.0 |     |      | 141,372,358 |     |     | 18,124,661 |     |   | 100.0 |     |        |    31.4 |   |

*Revenue Recognition for Contracts with Non-Distinct Obligations

Contracts with customers
often include a combination of goods (e.g., hardware, software) and services (e.g., IT professional services, integration, maintenance).
When the goods and services in a contract are highly interdependent and interrelated, they are treated as a single performance obligation
in accordance with ASC 606-10-25-21.

The total transaction price
for such contracts is recognized as revenue at the point in time when control of the combined performance obligation transfers to the
customer, typically upon customer acceptance. Given the integrated nature