Company: CHOW
Filing Date: 2025-08-22
Form Type: F-1/A
Source: 0001641172-25-025146
Chunk: 96

Company: ChowChow Cloud International Holdings Ltd
Filing Date: 2025-08-22
Form: F-1/A
Chunk 96
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 on revenue on services decreased from 57.6% for the year ended December 31, 2023 to 31.8% for the year ended December 31, 2024

Selling and marketing expenses

Selling and marketing expenses consisted primarily of (i) marketing service fee paid to the third party; and (ii) commission paid to the third parties relevant to the sales function.

Our major selling and marketing expenses were comprised of the following items during the years indicated:

|                                     |     | Year               
 ended December 31, |      2023 |     |   |       |     |     |      2024 |     |     |         |     |   |       |     |   | Change |
|:------------------------------------|:----|:-------------------|----------:|:----|:--|------:|:----|:----|----------:|:----|:----|--------:|:----|:--|------:|:----|:--|-------:|
|                                     |     | HK$                |           |     | % |       |     | HK$ |           |     | US$ |         |     | % |       |     | % |        |
| Marketing                           
 service fee paid to the third party |     |                    |   986,495 |     |   |  96.3 |     |     | 2,564,915 |     |     | 328,835 |     |   |  92.4 |     |   |  160.0 |
| Commission                          
 paid to the third parties           |     |                    |    38,103 |     |   |   3.7 |     |     |   211,798 |     |     |  27,153 |     |   |   7.6 |     |   |  455.9 |
| Total                               |     |                    | 1,024,598 |     |   | 100.0 |     |     | 2,776,713 |     |     | 355,988 |     |   | 100.0 |     |   |  171.0 |

Selling and marketing expenses increased by HK$1.8 million or 171.0% from HK$1.0 million for the year ended December 31, 2023 to HK$2.8 million (US$0.4 million) for the year