<span item_type="fundamental" item_id="f86f61c7c16e75050368a3f9d6419eee" counter_id="ST/US/CHEB" env="prod"></span><span item_type="announcement" item_id="516465046335331073" env="prod"></span><p>EPS: As of FY2025 Q1, the actual value is USD 0.02.</p><p></p><h3>Segment Revenue</h3><p>Chenghe Acquisition II Co. has not generated any operating revenue as of March 31, 2025, and does not expect to generate any until after the completion of its Business Combination.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/2016420/000121390025044187/ea0241054-10q_chenghe2.htm"></span></p><h3>Operational Metrics</h3><ul><li><strong>Net Income</strong>: For the three months ended March 31, 2025, the company reported a net income of $226,423, primarily due to interest income on marketable securities held in the Trust Account amounting to $928,162, offset by operating costs of $701,739.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/2016420/000121390025044187/ea0241054-10q_chenghe2.htm"></span></li><li><strong>Operating Costs</strong>: Operating and formation costs for the three months ended March 31, 2025, were $701,739, compared to $96,056 for the period from January 15, 2024, through March 31, 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/2016420/000121390025044187/ea0241054-10q_chenghe2.htm"></span></li></ul><h3>Cash Flow</h3><ul><li><strong>Operating Cash Flow</strong>: For the three months ended March 31, 2025, cash used in operating activities was - $140,406, with net income affected by interest earned on marketable securities held in the Trust Account of - $928,162.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/2016420/000121390025044187/ea0241054-10q_chenghe2.htm"></span></li></ul><h3>Unique Metrics</h3><ul><li><strong>Interest Income</strong>: Interest income on marketable securities held in the Trust Account was $928,162 for the three months ended March 31, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/2016420/000121390025044187/ea0241054-10q_chenghe2.htm"></span></li></ul><h3>Future Outlook and Strategy</h3><ul><li><strong>Core Business Focus</strong>: The company intends to effectuate its Business Combination using cash derived from the proceeds of the Initial Public Offering and the sale of Private Placement Units, shares, debt, or a combination thereof.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/2016420/000121390025044187/ea0241054-10q_chenghe2.htm"></span></li><li><strong>Non-Core Business</strong>: The company has entered into a Business Combination Agreement with Polibeli Group Ltd, which involves merging with Polibeli Merger One Limited, making Chenghe Acquisition II Co. a direct, wholly-owned subsidiary of Polibeli.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/2016420/000121390025044187/ea0241054-10q_chenghe2.htm"></span></li><li><strong>Priority</strong>: Management has determined that insufficient working capital and mandatory liquidation, should an initial Business Combination not occur, raise substantial doubt about the company’s ability to continue as a going concern.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/2016420/000121390025044187/ea0241054-10q_chenghe2.htm"></span></li></ul>

CHEB

Chenghe Acquisition II | 10-Q: FY2025 Q1 EPS: USD 0.02