Company: CHOW
Filing Date: 2025-01-13
Form Type: DRS/A
Source: 0001493152-25-001833
Chunk: 81

Company: ChowChow Cloud International Holdings Ltd
Filing Date: 2025-01-13
Form: DRS/A
Chunk 81
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   |     | HK$ |            |   |     | US$ |           |   |
| Net cash provided by operating activities    |     |                                 |  8,729,828 |   |     |     |  8,249,163 |   |     |     | 1,057,585 |   |
| Net cash used in investing activities        |     |                                 | (1,300,150 | ) |     |     |   (980,807 | ) |     |     |  (125,745 | ) |
| Net cash used in financing activities        |     |                                 | (4,633,636 | ) |     |     | (6,406,852 | ) |     |     |  (821,391 | ) |
| Net increase in cash and cash equivalents    |     |                                 |  2,796,042 |   |     |     |    861,504 |   |     |     |   110,449 |   |
| Cash and cash equivalents, beginning of year |     |                                 |  6,215,905 |   |     |     |  9,011,947 |   |     |     | 1,155,378 |   |
| Cash and cash equivalents, end of year       |     |                                 |  9,011,947 |   |     |     |  9,873,451 |   |     |     | 1,265,827 |   |

| 50 |

<div align='center'>MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS</div>

The following discussion and analysis of our financial condition and results of operations should be read in conjunction with the section headed “Summary Financial and Operating Data” and our financial statements and the related notes included elsewhere in this prospectus. This discussion contains forward-looking statements that involve risks and uncertainties. Our actual results and the timing of selected events could differ materially from those anticipated in these forward-looking statements as a result of various factors, including those set forth under “Risk Factors” and elsewhere in this prospectus.

Overview

We are a pioneer in providing one-stop cloud solutions that support companies across the IT industry value chain throughout their entire cloud transformation journey from consulting, deployment and migration to cloud environment building and management. We were founded in December 2014 by a group of passionate and experienced professionals, who envisioned the potential of cloud technology to transform the way