Company: CHOW
Filing Date: 2025-01-13
Form Type: DRS/A
Source: 0001493152-25-001833
Chunk: 216

Company: ChowChow Cloud International Holdings Ltd
Filing Date: 2025-01-13
Form: DRS/A
Chunk 216
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     |      |      23 |   |     |           |     23 |   |
| Weighted average discount rate – operating lease                  |     |                    |       5 | % |     |      |   5.875 | % |     |           |  5.875 | % |

The following table summarizes the cash flow and expense information related to operating leases for the years ended December 31, 2022, and 2023:

|                                                                         |     | Year ended December 31, |    2022 |     |     |    2023 |     |           |        |
|:------------------------------------------------------------------------|:----|:------------------------|--------:|:----|:----|--------:|:----|:----------|-------:|
|                                                                         |     | HK$                     |         |     | HK$ |         |     | US$ (Note 
 2(e))     |        |
| Cash paid for amounts included in the measurement of lease liabilities: |     |                         |         |     |     |         |     |           |        |
| Operating cashflows used in operating lease                             |     |                         | 226,336 |     |     | 235,604 |     |           | 30,206 |
| Right-of-use assets obtained in exchange for new operating lease        |     |                         |       - |     |     | 461,624 |     |           | 59,183 |
| Operating lease expense(i)                                              |     |                         | 243,158 |     |     | 243,006 |     |           | 31,155 |

| (i) | The                                                                                                                                   
 Company also has another short-term lease arrangement without a formal contract or specific end date. This lease commenced in January 
 2022 and carries a monthly expense of HK$15,000. The total short-term lease expense for the years ended December 31, 2022, and 2023,  
 was HK$180,000 (US$23,077), respectively, which was charged to general and administrative expenses.                                   |

| F-30 |

Maturity of Lease Liabilities

The following table summarizes the maturity analysis of the Company’s undiscounted cash flows for operating leases as of December 31, 2023:

|                                  |     | As of             
 December 31, 2023 |         |   |
|:---------------------------------|:----|:------------------|--------:|:--