Company: OSRH
Filing Date: 2025-06-10
Form Type: S-1/A
Source: 0001213900-25-053114
Chunk: 66

Company: OSR Holdings, Inc.
Filing Date: 2025-06-10
Form: S-1/A
Chunk 66
---
44

| (5) | Fair               
 value measurements |

Book value and fair value of financial instruments

The difference between the carrying
amount and fair value of the Group’s financial assets and liabilities as of March 31, 2025 and December 31, 2024 are insignificant.

Fair value hierarchy

All financial assets and liabilities
for which fair value is measured or disclosed in the financial statements are categorized within the fair value hierarchy, described as
follows, based on the lowest level input that is significant to the fair value measurement as a whole:

| ● | Level 1 - Quoted (unadjusted) market prices in active markets 
 for identical assets or liabilities                           |

| ● | Level 2 - Valuation techniques for which the lowest level                                    
 input that is significant to the fair value measurement is directly or indirectly observable |

| ● | Level 3 - Valuation techniques for which the lowest level               
 input that is significant to the fair value measurement is unobservable |

Fair values of the Group’s financial
assets and liabilities as of March 31, 2025 and December 31, 2024, which are accounted as amortized cost, are categorized as Level 3.

Fair values of the Group’s financial
assets and liabilities as of March 31, 2025 and December 31, 2024, which are accounted
as amortized cost, are categorized as Level 3.

Recurring transfer between levels of the fair value hierarchy

There is no transfer of fair value hierarchy
among Level 1, Level 2 and Level 3 for the nine months ended March 31, 2025 and
2024, respectively.

| (6) | Financial               
 instruments by category |

The carrying value of financial instruments category as of March 31, 2025 and December 31, 2024 are as follows:

|                                    |     | March 31, 2025 |           |     |            |   |     |                |           |     |       |           |
|:-----------------------------------|:----|:---------------|----------:|:----|:-----------|:--|:----|:---------------|----------:|:----|:------|----------:|
|                                    |     | Financial      
 assets at      
 amortized      
 cost           |           |     | Financial  
 assets at  
 fair value |   |     | Financial      
 liabilities at 
 amortized      
 cost           |           |     | Total |           |
| Fianancial assets:                 |