Company: CHOW
Filing Date: 2025-02-10
Form Type: DRS/A
Source: 0001493152-25-005658
Chunk: 93

Company: ChowChow Cloud International Holdings Ltd
Filing Date: 2025-02-10
Form: DRS/A
Chunk 93
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 the deliverables, the Company cannot
allocate revenue to individual components such as hardware, software, or services.

Instead, revenue is categorized
based on the predominant characteristic of the combined deliverable. This determination considers the primary benefit to the customer,
the relative significance of each component to the contract’s objective, and the customer’s primary reason for entering the arrangement.
For example, when contracts involve a significant degree of customization and implementation services, the Company categorizes revenue
as services, as these activities represent the primary driver of value for the customer.

The following table summarizes disaggregated revenue from contracts with customers by geographic areas for the six months ended June 30, 2023 and 2024:

|                                         |     | Six months ended June 30, |            |     |   |       |     |                 |            |     |                  |            |     |   |       |     |        |         |   |
|                                         |     |                      2023 |            |     |   |       |     |            2024 |            |     |                  |            |     |   |       |     | Change |         |   |
|                                         |     |           HK$ (Unaudited) |            |     | % |       |     | HK$ (Unaudited) |            |     | US$  (Unaudited) |            |     | % |       |     | %      |         |   |
| Hong Kong                               |     |                           | 83,013,666 |     |   |  93.3 |     |                 | 74,240,730 |     |                  |  9,518,043 |     |   |  75.5 |     |        |   (10.6 | ) |
| Singapore                               |     |                           |  5,804,335 |     |   |   6.5 |     |                 | 21,562,565 |     |                  |  2,764,432 |     |   |  21.9 |     |        |   271.4 |   |
| Others, including Philippines and Macau |     |                           |    195,223 |     |   |   0.2 |     |                 |  2,490,102 |     |                  |    319,243 |     |   |   2.6 |     |        | 1,175.5 |   |