Update on Securities Purchase Agreement

ChowChow Cloud International Holdings Limited announced an update regarding a securities purchase agreement initiated on June 16, 2026. The agreement involves the sale of 862,069 ordinary shares at $0.58 per share, totaling $500,000. As of October 21, 2026, the full purchase price has not been received. The company has notified the investor that the agreement will be terminated if the outstanding balance is not paid by October 30, 2026. The transaction has not yet closed, and no shares have been issued. This information was provided in a press release dated October 21, 2026, furnished as Exhibit 99.1.