Company: CHOW
Filing Date: 2025-02-28
Form Type: DRS/A
Source: 0001493152-25-008591
Chunk: 287

Company: ChowChow Cloud International Holdings Ltd
Filing Date: 2025-02-28
Form: DRS/A
Chunk 287
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Basic earnings per share is calculated by dividing
the net income attributable to the Company’s shareholders by the weighted average number of ordinary shares outstanding during
the period. For the six months ended June 30, 2023, and 2024, the Company had 32,500,000 ordinary shares outstanding, and there were
no changes in the number of shares during the periods presented.

Diluted earnings per share is calculated by dividing
net income attributable to the Company’s shareholders by the weighted average number of shares outstanding during the period, including
the effect of all potentially dilutive securities, if any. For the six months ended June 30, 2023, and 2024, the Company had no dilutive
securities outstanding, resulting in basic and diluted earnings per share being the same.

No Potential Dilutive or Anti-Dilutive Securities

As of December 31, 2023 and June 30, 2024, the Company
did not have any options, warrants, convertible securities, or other instruments that could potentially dilute the earnings per share
calculation. Therefore, the Company’s basic earnings per share and diluted earnings per share are the same for both years.

Additional Information

The weighted average number of shares used in the
calculation of EPS remained consistent at 32,500,000 ordinary shares for the six months ended June 30, 2023, and 2024. There were no
changes in the number of shares issued or outstanding during these periods.

| F-74 |

17. COMMITMENTS AND CONTINGENCIES

(a) Commitments

As of December 31, 2023 and June 30, 2024, the Company
had no capital expenditure commitments or other significant contractual obligations. The Company continuously monitors its capital needs
and has the financial flexibility to adjust to future investment requirements. The Company has no plans for material capital expenditures
at this time.

(b) Contingencies

The Company may become involved in legal proceedings,
investigations, and regulatory actions arising in the ordinary course of business. These proceedings could include disputes with vendors,
customers, or regulatory bodies. The outcomes of such proceedings are inherently uncertain, and while the Company does not currently
anticipate that any such matters will have a material adverse effect on its financial position, results of operations, or cash flows,
it continues to assess legal risks on an ongoing basis.

As of December 31, 2023 and June 30, 2024, the Company