Company: CHOW
Filing Date: 2025-02-10
Form Type: DRS/A
Source: 0001493152-25-005658
Chunk: 230

Company: ChowChow Cloud International Holdings Ltd
Filing Date: 2025-02-10
Form: DRS/A
Chunk 230
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 1,145,668 |   |

* Retroactively presented for the effect of reorganization for the Company’s initial public offering (Note 1)

<div align='center'>The accompanying notes are an integral part of these consolidated financial statements.</div>

| F-42 |

<div align='center'>CHOWCHOW CLOUD INTERNATIONAL HOLDINGS LIMITED

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS</div>

|                                                                                     |     | For the Six Months Ended June 30, |            |   |     |      |             |   |     |                 |            |   |
|                                                                                     |     |                              2023 |            |   |     | 2024 |             |   |     |            2024 |            |   |
|                                                                                     |     |                               HK$ |            |   |     |  HK$ |             |   |     | US$ (Note 2(e)) |            |   |
| CASH FLOWS FROM OPERATING ACTIVITIES                                                |     |                                   |            |   |     |      |             |   |     |                 |            |   |
| Net income                                                                          |     |                                   |  6,490,950 |   |     |      |   6,934,560 |   |     |                 |    889,046 |   |
| Adjustments to reconcile net income to net cash used in operating activities:       |     |                                   |            |   |     |      |             |   |     |                 |            |   |
| Depreciation of property and equipment                                              |     |                                   |      9,451 |   |     |      |      13,811 |   |     |                 |      1,771 |   |
| Amortization of intangible asset                                                    |     |                                   |    158,117 |   |     |      |     260,614 |   |     |                 |     33,412 |   |
| Allowance for the current expected credit losses on accounts receivable             |     |                                   |          - |   |     |      |     229,528 |   |     |                 |     29,427 |   |
| Allowance for the current expected credit losses on amount due from related parties |     |                                   |          - |   |     |      |       7,043 |   |     |                 |        903