Company: CHOW
Filing Date: 2025-01-13
Form Type: DRS/A
Source: 0001493152-25-001833
Chunk: 229

Company: ChowChow Cloud International Holdings Ltd
Filing Date: 2025-01-13
Form: DRS/A
Chunk 229
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 (1,197,896 | ) |     |                 |   (153,576 | ) |
| CASH FLOWS FROM FINANCING ACTIVITIES                                                |     |                                   |            |   |     |      |             |   |     |                 |            |   |
| Proceeds from bank borrowings                                                       |     |                                   |          - |   |     |      |   5,000,000 |   |     |                 |    641,026 |   |
| Net movement in amount due from shareholders                                        |     |                                   | (4,221,610 | ) |     |      |           - |   |     |                 |          - |   |
| Dividend paid                                                                       |     |                                   |          - |   |     |      |  (5,464,530 | ) |     |                 |   (700,580 | ) |
| Net cash used in financing activities                                               |     |                                   | (4,221,610 | ) |     |      |    (464,530 | ) |     |                 |    (59,554 | ) |
| Net (decrease) / increase in cash and cash equivalents                              |     |                                   | (3,888,641 | ) |     |      |   1,536,499 |   |     |                 |    196,987 |   |
| Cash and cash equivalents, beginning of period                                      |     |                                   |  9,011,947 |   |     |      |   9,873,451 |   |     |                 |  1,265,827 |   |
| Cash and cash equivalents, end of period                                            |     |                                   |  5,123,306 |   |     |      |  11,409,950 |   |     |                 |  1,462,814 |   |

<div align='center'>The accompanying notes are an integral part of these consolidated financial statements.</div>

| F-43 |

<div align='center'>CHOWCHOW CLOUD INTERNATIONAL HOLDINGS LIMITED

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</div>

1. BUSINESS OVERVIEW AND BASIS OF PRESENTATION

ChowChow Cloud International Holdings Limited was incorporated in the Cayman Islands on October 8, 2024 as an investment holding company with authorized share capital of US$50,000 divided into 50,000,000 ordinary shares of par value US