Company: CHOW
Filing Date: 2025-01-13
Form Type: DRS/A
Source: 0001493152-25-001833
Chunk: 211

Company: ChowChow Cloud International Holdings Ltd
Filing Date: 2025-01-13
Form: DRS/A
Chunk 211
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                                 | 11,082,757 |     |   | 11.4 |     |     | 12,255,968 |     |   | 10.1 |
| Company I |     |                                 | 33,444,588 |     |   | 34.4 |     |     | 42,266,819 |     |   | 34.8 |
| Company T |     |                                 | 27,172,643 |     |   | 27.9 |     |     | 42,655,527 |     |   | 35.1 |

The following suppliers accounted for 10% or more of the Company’s accounts payable as of December 31, 2022 and 2023:

|           |     |     | As of December 31, 2022 |     |   |      |   |     |     | As of December 31, 2023 |     |   |      |
|:----------|:----|:----|------------------------:|:----|:--|-----:|:--|:----|:----|------------------------:|:----|:--|-----:|
|           |     | HK$ |                         |     | % |      |   |     | HK$ |                         |     | % |      |
| Company D |     |     |               1,389,138 |     |   |  7.6 | * |     |     |               2,424,442 |     |   | 34.2 |
| Company I |     |     |                  21,581 |     |   |  0.1 | * |     |     |                 999,076 |     |   | 14.1 |
| Company T |     |     |              14,242,299 |     |   | 78.2 |   |     |     |               3,219,804 |     |   | 45.5 |

* Represents less than 10%

| F-24 |

4. ACCOUNTS RECEIVABLE, NET

The following table provides a summary of the Company’s accounts receivable and the allowance for expected credit losses as of December 31, 2022 and 2023:

|                                                |     | As of December 31, |            |   |     |      |            |   |     |           |           |   |
|                                                |     |