Company: CCHH
Filing Date: 2025-08-27
Form Type: F-1
Source: 0001213900-25-081009
Chunk: 183

Company: CCH Holdings Ltd
Filing Date: 2025-08-27
Form: F-1
Chunk 183
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 effective date or (2) retrospectively to any or all prior periods presented in the financial statements. Early adoption is permitted. The Group is in the process of evaluation the impact of adopting this new guidance on its consolidated financial statements. Recently issued ASUs by the FASB, except for the ones mentioned above, are not expected to have a significant impact on the Group’s consolidated results of operations or financial position. Other accounting standards that have been issued or proposed by FASB that do not require adoption until a future date are not expected to have a material impact on the consolidated financial statements upon adoption. The Group does not discuss recent pronouncements that are not anticipated to have an impact on or are unrelated to its consolidated financial condition, results of operations, cash flows, or disclosures. F-21

CCH HOLDINGS LTD
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEARS ENDED DECEMBER 31, 2023 AND 2024 (In U.S. Dollar, except for share data) 3.ACCOUNTS RECEIVABLE, NET Accounts receivable, net consisted of the following:

|                                                   |     | As of December 31, |    2023 |   |     |   |     2024 |   |
|:--------------------------------------------------|:----|:-------------------|--------:|:--|:----|:--|---------:|:--|
| Accounts receivable                               |     | $                  |  97,262 |   |     | $ |  720,966 |   |
| Provision of allowance for expected credit losses |     |                    | (52,430 | ) |     |   | (138,326 | ) |
| Total accounts receivable                         |     | $                  |  44,832 |   |     | $ |  582,640 |   |

The movement of the provision of allowance for expected credit losses is as follows:

|                                      |     | For the years ended 
 December 31,        |   2023 |   |     |   |    2024 |
|:-------------------------------------|:----|:--------------------|-------:|:--|:----|:--|--------:|
| Balance at the beginning of the year |     | $                   |      — |   |     | $ |  52,430 |
| Additions                            |     |                     | 52,805 |   |     |   |  82,537 |