Company: OSRH
Filing Date: 2025-06-23
Form Type: 424B3
Source: 0001213900-25-056351
Chunk: 72

Company: OSR Holdings, Inc.
Filing Date: 2025-06-23
Form: 424B3
Chunk 72
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|-------------:|
| Cash and cash equivalents |     | $ | 1,595,697 |     | $ |      341,543 |

| (8) | Trade                      
 and other receivables, net |

All trade receivables are recorded at the invoiced amount
and do not bear interest. Amounts collected on trade receivables are included in net cash provided by operating activities in the statements
of cash flows. The Group does not have any off-balance sheet credit exposure related to its customers.

|                                   |     |   | March 31, 
      2025 |   |     |   | December 31, 2024 |   |
|:----------------------------------|:----|:--|----------:|:--|:----|:--|------------------:|:--|
| Trade receivables                 |     | $ |   860,514 |   |     | $ |           972,036 |   |
| Less: Allowance for credit losses |     |   |   (66,007 | ) |     |   |           (67,580 | ) |
| Net trade receivables             |     |   |   794,507 |   |     |   |           904,456 |   |
| Other receivables                 |     |   |     5,029 |   |     |   |            29,368 |   |
| Total                             |     | $ |   799,537 |   |     | $ |           933,824 |   |

<div align='center'>46</div>

| (9) | Inventories, 
 net          |

Inventories consisted of the following as of March 31, 2025
and December 31, 2024:

|                         |     |   | March 31, 
      2025 |   |     |   | December 31, 
         2024 |   |
|:------------------------|:----|:--|----------:|:--|:----|:--|-------------:|:--|
| Merchandised goods      |     | $ |   764,313 |   |     | $ |      949,724 |   |
| Less inventory reserves |     |   |   (27,683 | ) |     |   |      (27,617 | ) |
|                         |     | $ |   736,630 |   |