Company: CHOW
Filing Date: 2025-03-19
Form Type: DRS/A
Source: 0001493152-25-010898
Chunk: 21

Company: ChowChow Cloud International Holdings Ltd
Filing Date: 2025-03-19
Form: DRS/A
Chunk 21
---
 | ) |     |                |    (771,063 | ) |
| Operating income                           |     |                                  |   5,158,549 |   |     |      |   13,895,209 |   |     |                |   1,781,437 |   |
| Interest income, net                       |     |                                  |       2,600 |   |     |      |       13,838 |   |     |                |       1,774 |   |
| Other income, net                          |     |                                  |     438,168 |   |     |      |      358,441 |   |     |                |      45,954 |   |
| Income before taxes                        |     |                                  |   5,599,317 |   |     |      |   14,267,488 |   |     |                |   1,829,165 |   |
| Income tax expenses                        |     |                                  |    (708,597 | ) |     |      |   (2,161,815 | ) |     |                |    (277,156 | ) |
| Net income                                 |     |                                  |   4,890,720 |   |     |      |   12,105,673 |   |     |                |   1,552,009 |   |

| 9 |

<div align='center'>RISK FACTORS</div>

An investment in our Ordinary Shares involves a high degree of risk. Before deciding whether to invest in our Ordinary Shares, you should consider carefully the risks described below, together with all of the other information set forth in this prospectus, including the section titled “Management’s Discussion and Analysis of Financial Condition and Results of Operation” and our consolidated financial statements and related notes. If any of these risks actually occurs, our business, financial condition, results of operations or cash flow could be materially and adversely affected, which could cause the trading price of our Ordinary Shares to decline, resulting in a loss of all or part of your investment. The risks described below are not the only ones that we face. Additional risks not presently known to us or that we currently deem immaterial may also affect our business. You should only consider investing in our Ordinary Shares if you can bear the risk of loss of your entire investment.

Risks Related to Our Business

Our revenues, operating income and cash flows are likely to fluctuate.

We experience fluctuations in our revenues and cost