Company: CCHH
Filing Date: 2025-06-26
Form Type: DRS
Source: 0001213900-25-058036
Chunk: 195

Company: CCH Holdings Ltd
Filing Date: 2025-06-26
Form: DRS
Chunk 195
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 interest rates may negatively affect the Group’s financial condition and results of operations. The Group is exposed to interest rate risk arising from cash in bank and bank loans. The Group expected no material risks from changes in market interest rates, and has not used any derivative financial instruments to manage the interest risk exposure.

F-33

CCH HOLDINGS LTD
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEARS ENDED DECEMBER 31, 2023 AND 2024 (In U.S. Dollar, except for share data) 17.SIGNIFICANT RISKS AND UNCERTAINTIES (cont.) (b)Foreign exchange risk The reporting currency of the Group’s operations was in USD and the Group’s subsidiaries generally use their local currencies as their functional currencies, i.e. Malaysian Ringgit (“MYR”). The Group is mainly exposed to foreign exchange risk in respect of operating activities when purchase of goods and services in geographic areas is using transaction currencies other than MYR. (c)Concentration of credit risk Assets that potentially subject the Group to significant concentrations of credit risk primarily consist of cash, accounts receivable, amounts due from related parties and interest -freeloan to third parties, deposits within prepaid expenses and other current assets. The maximum exposure of such assets to credit risk is their carrying amounts as of the balance sheet dates. All of the Group’s cash are held with financial institutions that Group’s management believes to be high credit quality. Based on the Group’s historical experiences in collection of prepaid expenses and other current assets and amounts due from related parties, the Group consider the credit risk of these receivables to be relatively low. Management regularly conducts assessment on expected credit losses arising from non -performanceby these counterparties. (d)Concentration of customers and suppliers There are no sales to a particular customer more than 10% of the Group’s total revenues for the years ended December 31, 2023 and 2024. The following customers represent more than 10% of the Group’s total accounts receivable as of December 31, 2023 and 2024:

|                                                    |     | As of December 31, |   |     |      |   |
|                                                    |     |               2023 |   |     | 2024 |   |
| Percentage of the Group’s accounts receivable from |     |                    |   |     |      |   |
| Customer A                                         |     |                  * |   |     | 65.2