Company: CHOW
Filing Date: 2025-02-10
Form Type: DRS/A
Source: 0001493152-25-005658
Chunk: 100

Company: ChowChow Cloud International Holdings Ltd
Filing Date: 2025-02-10
Form: DRS/A
Chunk 100
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 marketing expenses were comprised of the following items during the years indicated:

|                                               |     | Year ended December 31, |    2022 |     |   |       |     |     |      2023 |     |     |         |     |   |       |     |   |  Change |   |
|:----------------------------------------------|:----|:------------------------|--------:|:----|:--|------:|:----|:----|----------:|:----|:----|--------:|:----|:--|------:|:----|:--|--------:|:--|
|                                               |     | HK$                     |         |     | % |       |     | HK$ |           |     | US$ |         |     | % |       |     | % |         |   |
| Marketing service fee paid to the third party |     |                         |  33,000 |     |   |   9.0 |     |     |   986,495 |     |     | 126,474 |     |   |  96.3 |     |   | 2,889.4 |   |
| Commission paid to the third parties          |     |                         | 332,540 |     |   |  91.0 |     |     |    38,103 |     |     |   4,885 |     |   |   3.7 |     |   |   (88.5 | ) |
| Total                                         |     |                         | 365,540 |     |   | 100.0 |     |     | 1,024,598 |     |     | 131,359 |     |   | 100.0 |     |   |   180.3 |   |

Selling and marketing expenses increased by HK$0.6 million or 180.3% from HK$0.4 million for the year ended December 31, 2022 to HK$1.0 million (US$0.1 million) for the year ended December 31, 2023 mainly driven by increase in marketing service fee paid to the third party by HK$ 0.9million (US$ 0.12million) as we would like to expand our customer base and revenue, not only in Hong Kong, but also in other Asia Pacific areas, by putting more resource to the marketing activities.

General and administrative expenses