Company: OSRH
Filing Date: 2025-05-28
Form Type: S-1
Source: 0001213900-25-048346
Chunk: 72

Company: OSR Holdings, Inc.
Filing Date: 2025-05-28
Form: S-1
Chunk 72
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 amortization |            |     | Net carrying 
 amount       |             |
| Technology license    |     | 20 years                             |     | $              |      97,828 |     | $                        |     78,439 |     | $            |      19,389 |
| Customer relationship |     | 20 years                             |     |                |     579,107 |     |                          |    231,643 |     |              |     347,464 |
| Patent technology     |     | 20 years                             |     |                | 164,814,319 |     |                          | 17,124,320 |     |              | 147,690,000 |
|                       |     |                                      |     | $              | 165,491,254 |     | $                        | 17,434,402 |     | $            | 148,056,852 |

Accumulated amortization expense for
intangible assets is $ and $ for the three-months ended March 31, 2025 and 2024, respectively.

48

| (16) | Short-term 
 borrowings |

The Group has a loan agreement with
Bellevue Capital Management Europe AG and as of March 31, 2025, the outstanding balance was $ (% interest rate at March
31, 2025), which matures in .

The Group has multiple loan agreements
with an individual and as of March 31, 2025, the outstanding balance was $ (% interest rate at March 31, 2025), which .

The Group has a loan agreement with Dukseong
Co.,Ltd and as of March 31, 2025, the outstanding balance was $ (% interest rate at March 31, 2025), which matures
in .

The Group has a loan agreement with BGLSI and
as of March 31, 2025, the outstanding balance was $ (% interest rate at March 31, 2025), which matures in .

The Group has multiple loan agreements
with an individual and as of March 31, 2025, the outstanding balance was $ (% interest rate at March 31, 2025), which .

The Group has a loan agreement with
Bellevue Capital Management Europe AG and as of December 31, 2024, the outstanding balance was $ (% interest rate at December
31, 2024), which matures in .

The Group has a loan agreement with
Bellev