Company: ABLV
Filing Date: 2025-04-23
Form Type: 20-F
Source: 0001213900-25-034677
Chunk: 36

Company: Able View Global Inc.
Filing Date: 2025-04-23
Form: 20-F
Item: Item 3
Chunk 36
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 condition and results
of operations” on page 41. Apart from the foregoing, there is no other impact on our ability to conduct our business as presently
conducted, accept foreign investments, or list on a U. S. or foreign exchange.

Based on the facts that the New Measures for Cyber
Security Review and the Network Data Security Draft Regulations were newly adopted or have not been formally adopted and are still subject
to further guidance, we cannot assure you that we would be able to comply with the requirements in a timely manner. Failure to comply
with the requirements may lead to fines, revocation of business permits or licenses and other sanctions.

Finally, we procure equipment or software for
storage, encryption and decryption from time to time. It remains unclear whether such equipment or software will fall into the category
of the so-called “critical network equipment” or “dedicated network security products” due to lack of criteria
or standards in the Cybersecurity Law. On June 1, 2017, the MIIT and other three PRC regulatory authorities jointly promulgated the
Catalog of Critical Network Equipment and Dedicated Network Security Products (Batch One), which provides that any equipment and product
listed in this catalog shall not be sold or supplied unless it is certified or tested by qualified organizations. In addition, pursuant
to the Announcement on Uniform Issuance of the Security Certification and Security Testing Results of Critical Network Equipment and
Dedicated Network Security Products, the critical network equipment and dedicated network security products which have been certified
or tested by qualified organizations and meet the mandatory requirements of relevant national standards shall be published. To the date
of this Report, eight batches of qualified critical network equipment have been published on the website of the MIIT. As such, we cannot
assure you that the equipment and software we have procured or may procure in the future comply with the requirements, and we may incur
additional costs to comply with the requirements.

We may not be able to adequately protect
our intellectual property rights.

We rely on a combination of trademark, fair trade
practice, and trade secret protection laws in China and other jurisdictions, as well as confidentiality procedures and contractual provisions,
to protect our intellectual property rights. We typically enter into confidentiality agreements with certain senior management and core
personnel who may access our proprietary information, and we rigorously control access to our proprietary technology and information.

Intellectual property protection may not be sufficient
in China or other countries in which we operate. confidentiality agreements may be breached by counterparties