Company: CHOW
Filing Date: 2025-04-01
Form Type: F-1
Source: 0001641172-25-001938
Chunk: 274

Company: ChowChow Cloud International Holdings Ltd
Filing Date: 2025-04-01
Form: F-1
Chunk 274
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 was charged to general and administrative expenses.                                                    |

Maturity of Lease Liabilities

The following table summarizes the maturity analysis
of the Company’s undiscounted cash flows for operating leases as of June 30, 2024:

|                                  |     | As of         
 June 30, 2024 |         |   |
|:---------------------------------|:----|:--------------|--------:|:--|
|                                  |     | HK$           |         |   |
|                                  |     | -Unaudited    |         |   |
| Within 1 year                    |     |               | 244,824 |   |
| 1 to 2 years                     |     |               | 102,010 |   |
| Total undiscounted lease payment |     |               | 346,834 |   |
| less: imputed interest           |     |               | (14,450 | ) |
| Total lease liabilities          |     |               | 332,384 |   |

The Company’s leases do not contain any significant
renewal options, escalation clauses or purchase options.

| F-67 |

9. PROPERTY AND EQUIPMENT, NET

Property and equipment, net consisted of the following
as of December 31, 2023 and June 30, 2024:

|                                |     |     |                   As 
 of December 31, 2023 |   |     |            | As of June 30, 2024 |   |     |                 |        |   |
|:-------------------------------|:----|:----|---------------------:|:--|:----|:-----------|--------------------:|:--|:----|:----------------|-------:|:--|
|                                |     | HK$ |                      |   |     | HK$        |                     |   |     | US$ (Note 2(e)) |        |   |
|                                |     |     |                      |   |     | -Unaudited |                     |   |     | -Unaudited      |        |   |
| Computer equipment             |     |     |               69,612 |   |     |            |              69,612 |   |     |                 |  8,924 |   |
| Office furniture and fittings  |     |     |               22,095 |   |     |            |              22,095 |   |     |                 |  2,833 |   |
|