Company: CHOW
Filing Date: 2025-09-02
Form Type: F-1/A
Source: 0001641172-25-026148
Chunk: 176

Company: ChowChow Cloud International Holdings Ltd
Filing Date: 2025-09-02
Form: F-1/A
Chunk 176
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32,500,000 |     |        |  3,250 |     |            |        - |   |     |         |   410,256 |     |         |   (339,404 | ) |     |          |   1,714,247 |   |     |               |   1,788,349 |   |

* Retroactively presented for the effect of reorganization for the Company’s initial public offering (Note 1)

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

| F-4 |

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

CONSOLIDATED STATEMENTS OF CASH FLOWS

FOR THE YEARS ENDED DECEMBER 31, 2023 AND 2024</div>

|                                                                                            |     | For                         
 the Year Ended December 31, |        2023 |   |     |     |       2024 |   |     |             |       2024 |   |
|:-------------------------------------------------------------------------------------------|:----|:----------------------------|------------:|:--|:----|:----|-----------:|:--|:----|:------------|-----------:|:--|
|                                                                                            |     | HK$                         |             |   |     | HK$ |            |   |     | US$         
 (Note 2(e)) |            |   |
| CASH                                                                                       
 FLOWS FROM OPERATING ACTIVITIES                                                            |     |                             |             |   |     |     |            |   |     |             |            |   |
| Net                                                                                        
 income                                                                                     |     |                             |  12,105,673 |   |     |     | 11,870,254 |   |     |             |  1,521,828 |   |
| Adjustments                                                                                
 to reconcile net income to net cash used in operating activities:                          |     |                             |             |   |     |     |            |   |     |             |            |   |
| Depreciation                                                                               
 of property and equipment                                                                  |     |                             |      22,940 |   |     |     |     25,179 |   |     |             |      3,228 |   |
| Amortization                                                                               
 of intangible asset                                                                        |     |                             |     378,801 |   |     |     |    681,515 |   |     |