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ChowChow Cloud International Holdings Ltd (CHOW)


Company Overview

Proposed Symbol CHOW
Company Name ChowChow Cloud International Holdings Ltd
Exchange NYSE MKT
Share Price $4.00
Employees 22 (as of 12/31/2024)
Status Priced
Shares Offered 2,600,000
Offer amount $10,400,000
Shares Over Alloted
Company Address UNIT 03, 23/F., AITKEN VANSON CENTRE, NO. 61 HOI YUEN ROAD, KWUN TONG, KOWLOON HONG KONG 000000
Company Phone (852) 9622 6161
Company Website www.serenoclouds.com
CEO Kar Wing Yee
State of Inc
Fiscal Year End 12-31
Total Offering Expense $1,794,124.00
Shareholder Shares Offered
Shares Outstanding 35,100,000
Lockup Period (days) 180
Lockup Expiration 2026-03-16 00:00:00
Quiet Period Expiration 2025-10-27 00:00:00
CIK 0002041829
DealId 1330722-113496

Company Description

Our Mission To provide comprehensive, easy-to-use cloud solutions that help our valued clients grow and evolve their business by combining advanced cloud technologies with innovative digital solutions. We are a pioneer in providing one-stop cloud solutions that support companies across the IT industry value chain throughout their entire cloud transformation journey from consulting, deployment and migration to cloud environment building and management. We were founded in December 2014 by a group of passionate and experienced professionals, who envisioned the potential of cloud technology to transform the way businesses of various sizes operate. Recognizing the growing need for digitization and the benefits that cloud technology could bring to businesses, our founders set out to create a company that would bridge the gap between cloud services providers and companies who seek to move to the cloud. Our business primarily comprises (i) digital transformation consulting services consisting primarily of cloud suitability assessment, real-time resource management and strategic planning and advisory, (ii) professional IT services comprising a wide range of capabilities designed to facilitate seamless cloud integration and digital transformation, (iii) AI-powered proactive cloud managed services covering all aspects of day-to-day cloud maintenance and support, and (iv) IT infrastructure solutions covering on-premise private cloud setups and public cloud integrations including infrastructure applications such as our Sereno Cloud App360 AI and Data Science Platform (the “AI & Data Science Platform”), which consists of several core components. Since our inception, we have focused on innovation in our cloud solutions and the application of emerging technologies such as cloud technology and AI. Our efforts are backed by our team of experts, deep understanding of evolving IT needs, high operational flexibility, and flat, efficient organization structure. Together, these features enable fast solution development, launch and iteration, and a series of customer-oriented cloud solutions and go-to-market strategies. Thus, we are able to rapidly expand even with a limited operating history. We primarily operate our business in the Asia-Pacific region with a strong presence in Hong Kong and Singapore. Throughout our over nine years of operating history, we have proactively sought opportunities for growth in our cloud solutions business and by accumulating our project experience and building customer relationships and reputation in Hong Kong. Currently, we have expanded our geographical presence to other regions in Asia-Pacific including Singapore, the Philippines, Taiwan, Indonesia and Australia since 2019. We had served over 150 clients and 500 tenants in each of 2023 and 2024. Our clients are primarily divided into two categories, namely IT partner clients and end-user clients. Our partner clients primarily include system integration solutions providers, telecommunication companies and wholesalers, who typically procure our cloud solutions to provide services to end users, while our end-user clients primarily include government, public utility companies, non-governmental organizations, small and medium-sized enterprises, large multinational corporations and local enterprises in industries such as financial services, logistics and education. Tenant refers to our clients’ dedicated and isolated space within the cloud environment where their users, data, and resources are stored independently from others, which we help to manage and optimize. We believe that our diverse and extensive customer base provides us with a stable business and diversified sources of revenue. Going forward, we plan to capture the extensive potential of the cloud computing market in the Asia-Pacific region through our enriching cloud solutions and expanding cloud infrastructure. --- Our principal executive offices are located at Unit 03, 23/F, Aitken Vanson Centre, No. 61 Hoi Yuen Road, Kwun Tong Kowloon, Hong Kong. Our telephone number at this address is +852 3461 3788. Our registered office in the Cayman Islands is located at Harneys Fiduciary (Cayman) Limited, 4th Floor, Harbour Place, 103 South Church Street, PO Box 10240, Grand Cayman, KY1-1002, Cayman Islands. Our agent for service of process in the United States is Cogency Global Inc., located at 122 East 42nd Street, 18th Floor, New York, NY 10168. Our corporate website is https://www.serenoclouds.com.