Company: CCHH
Filing Date: 2025-06-26
Form Type: DRS
Source: 0001213900-25-058036
Chunk: 180

Company: CCH Holdings Ltd
Filing Date: 2025-06-26
Form: DRS
Chunk 180
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 operations or financial position. Other accounting standards that have been issued or proposed by FASB that do not require adoption until a future date are not expected to have a material impact on the consolidated financial statements upon adoption. The Group does not discuss recent pronouncements that are not anticipated to have an impact on or are unrelated to its consolidated financial condition, results of operations, cash flows, or disclosures. F-21

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) 3.ACCOUNTS RECEIVABLE, NET Accounts receivable, net consisted of the following:

|                                                   |     | As of December 31, |    2023 |   |     |   |     2024 |   |
|:--------------------------------------------------|:----|:-------------------|--------:|:--|:----|:--|---------:|:--|
| Accounts receivable                               |     | $                  |  97,262 |   |     | $ |  720,966 |   |
| Provision of allowance for expected credit losses |     |                    | (52,430 | ) |     |   | (138,326 | ) |
| Total accounts receivable                         |     | $                  |  44,832 |   |     | $ |  582,640 |   |

The movement of the provision of allowance for expected credit losses is as follows:

|                                      |     | For the years ended 
 December 31,        |   2023 |   |     |   |    2024 |
|:-------------------------------------|:----|:--------------------|-------:|:--|:----|:--|--------:|
| Balance at the beginning of the year |     | $                   |      — |   |     | $ |  52,430 |
| Additions                            |     |                     | 52,805 |   |     |   |  82,537 |
| Reversal                             |     |                     |      — |   |     |   |       — |
| Foreign currency translation         |     |                     |   (375 | ) |     |   |   3,359 |
| Balance at the end of the year       |     | $                   | 52,430 |   |     | $ | 138,326