Company: CHOW
Filing Date: 2025-02-28
Form Type: DRS/A
Source: 0001493152-25-008591
Chunk: 112

Company: ChowChow Cloud International Holdings Ltd
Filing Date: 2025-02-28
Form: DRS/A
Chunk 112
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.1 million (US$0.3million).

The following table set forth a summary of our working capital as of the dates indicated:

|                     |     | As of December 31, |            |     |      |            |     |     |           |     |  As of June 30, |            |     |             |           |
|                     |     |               2022 |            |     | 2023 |            |     |     |           |     |            2024 |            |     |             |           |
|                     |     |                HK$ |            |     |  HK$ |            |     | US$ |           |     | HK$ (Unaudited) |            |     | US$         
 (Unaudited) |           |
| Current assets      |     |                    | 34,173,151 |     |      | 39,198,538 |     |     | 5,025,454 |     |                 | 27,578,865 |     |             | 3,535,752 |
| Current liabilities |     |                    | 28,221,707 |     |      | 39,188,664 |     |     | 5,024,188 |     |                 | 16,497,414 |     |             | 2,115,052 |
| Working capital     |     |                    |  5,951,444 |     |      |      9,874 |     |     |     1,266 |     |                 | 11,081,451 |     |             | 1,420,700 |

Current assets as of December 31, 2022 was HK$ 34.2million. Out of this balance, we had cash and cash equivalents in an amount of HK$ 9.0million of which approximately HK$ 8.9million was denominated in Hong Kong Dollar and approximately HK$ 0.1million was denominated in US Dollar. The entire cash balance was deposited in financial institutions in Hong Kong Special Administrative Region, PRC. The current asset balance also mainly included accounts receivable, net of HK$ 22.4million and amount due from related parties – non trade of HK$ 2.1million.

Current liabilities as of December 31, 2022 was HK$ 28.2million. This amount was mainly composed of accounts payable of HK$ 18.2million and deferred