{"url_path":"/sec/chow/10-k/2026/item-8","section_key":"item-8","section_title":"Item 8 FINANCIAL INFORMATION**","topic":"sec","document":{"doc_type":"20-F","doc_date":"2026-05-15","source_url":"https://www.sec.gov/Archives/edgar/data/2041829/0001493152-26-023952-index.html","accession_number":"0001493152-26-023952","cik":"0002041829","ticker":"CHOW","issuer_name":"ChowChow Cloud International Holdings Ltd","edgar_url":"https://www.sec.gov/Archives/edgar/data/2041829/0001493152-26-023952-index.html","primary_entity_key":"0002041829","primary_entity_name":"ChowChow Cloud International Holdings Ltd"},"word_count":444,"has_tables":true,"body_markdown":"**ITEM\n8. FINANCIAL INFORMATION**\n\n \n\n**A.**\n**Consolidated\nStatements and Other Financial Information**\n\n \n\nSee\n“Item 18. Financial Statements.”\n\n \n\n**Legal\nProceedings**\n\n** **\n\nHewlett-Packard\nHK SAR Limited v. Sereno Cloud Solution HK Limited (In the\nHigh Court Action No. 1241 of 2025): On July 2, 2025, a multinational OEM company (through its Hong Kong subsidiary, Hewlett-Packard\nHK SAR Limited, the “Plaintiff”) commenced legal proceedings in the High Court of Hong Kong, Court of First Instance\nagainst our Chief Executive Officer and one of our subsidiaries, Sereno Cloud Solution HK Limited (“collectively referred to\nas Defendants”), in connection with a prior commercial dispute. The complaint alleges, as a threshold matter, that the\nsubsidiary induced the Plaintiff to enter into a settlement agreement dated October 21, 2022 through fraudulent misrepresentations\nand unlawful means conspiracy, and seeks rescission of that settlement agreement. The Plaintiff further alleges, contingent upon the\nsuccess of the rescission claim, historical breaches of an original equipment manufacturer agreement entered into in 2018 and a\nsubsequent undertaking agreement.\n\n \n\nThe Company intends to vigorously defend\nthe action. The proceedings are at a preliminary stage; the Defendants have filed their Defence recently denying the allegations and discovery\nhas not yet commenced.\n\n \n\nHansink\nv. ChowChow Cloud International Holdings Limited (Case No. 1:26-cv-02063-VEC): On March 13, 2026, certain shareholders filed a class\naction in the United States District Court for the Southern District of New York (the “Southern District of New York”)\nagainst the Company and some of its executive officers.  The aforementioned complaint filed in the Southern District of New\nYork on behalf of persons or entities who purchased or otherwise acquired publicly traded securities of the Company during the class\nperiod assert claims that plaintiffs were economically damaged, and alleged generally that the referenced defendants violated\nsections 10(b) and 20(a) of the Securities Exchange Act of 1934, as amended, and Rule 10b-5 promulgated thereunder, by making\nallegedly false and misleading statements regarding, among other matters, the Company’s business, operations, and true nature\nof the trading activity in the securities.  Plaintiff and the Company have stipulated to, and the Court has ordered that\nfollowing the appointment of Lead Plaintiff and Lead Counsel, the parties will further agree on a briefing schedule for the Lead\nPlaintiff to file an amended complaint and for the Company to respond to the newly amended complaint. Motions for Lead Plaintiff and\nLead Counsel are currently pending with the Court. The Company intends to file a motion to dismiss the amended complaint when filed,\nand vigorously defend the action\n\n \n\n68\n\n \n\n \n\n**B.**\n**Significant\nChanges**\n\n \n\nExcept\nas otherwise disclosed in this Report, we have not experienced any significant changes since the date of our audited consolidated financial\nstatements included herein."}