Company: CHOW
Filing Date: 2025-09-02
Form Type: F-1/A
Source: 0001641172-25-026148
Chunk: 133

Company: ChowChow Cloud International Holdings Ltd
Filing Date: 2025-09-02
Form: F-1/A
Chunk 133
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 comprising:                                                          
 -                                                                                                                                          
 A dividend payable of HK$672,420 recorded in SCS’s books; and                                                                              
 -                                                                                                                                          
 An amount receivable of HK$27,300 recorded in the books of Vigorous Elite Holdings Limited from Mr. Hui Wai Ming.                          
 These                                                                                                                                      
 balances are presented on a net basis in the consolidated financial statements to reflect the economic substance of the related party      
 positions as of year-end. These balances are unsecured, interest-free, and without a fixed repayment term.                                 |
| (iv)  | On                                                                                                                                         
 December 31, 2023, SCS declared a dividend of HK$17,500,000 to Vigorous Elite Holdings Limited s. In accordance with a written instruction 
 of the Vigorous, the dividend will be paid directly to Yee Kar Wing and Hui Wai Ming, the ultimate shareholders of Vigorous. The           
 transaction was fully authorized by the Board of Directors and documented in a board resolution. As of December 31, 2024, the amount       
 of unpaid dividend to Mr. Yee Kar Wing and Mr. Hui Wai Ming were HK$0 and HK$672,420 respectively. No dividend was declared during         
 the year ended December 31, 2024.                                                                                                          |

| 90 |

<div align='center'>Description of Share Capital</div>

We are a Cayman Islands exempted company incorporated with limited liability and our affairs are governed by our memorandum and articles of association, the Companies Act (As Revised) of the Cayman Islands, which we refer to as the Companies Act below, and the common law of the Cayman Islands.

As of the date of this prospectus, our authorized share capital is US$50,000 divided into 500,000,000 Ordinary Shares of nominal or par value of US$0.0001 each.

As of the date of this prospectus, 32,500,000 Ordinary Shares are issued and outstanding. All of our shares issued and outstanding prior to the completion of the offering are and will be fully paid, and all of our shares to be issued in the offering will be issued as fully paid.

Our Post-Offering Memorandum and Articles of Association

Our shareholders have adopted an amended and restated memorandum and articles of association on October 18, 2024, which we refer to below as our post-offering memorandum and articles of association. The following are summaries of material provisions of the post-offering memorandum and articles of association and