Company: ABLV
Filing Date: 2025-04-23
Form Type: 20-F
Source: 0001213900-25-034677
Chunk: 22

Company: Able View Global Inc.
Filing Date: 2025-04-23
Form: 20-F
Item: Item 3
Chunk 22
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 overstocking or understocking products. If we or our brand partners fail to identify or respond to changes in merchandising
and consumer preferences, sales on our brand partners’ e-commerce businesses could suffer and we or our brand partners could be
required to mark down unsold inventory, which could negatively impact our financial results.

Any deficiencies in China’s telecommunication
infrastructure could impair our ability to conduct e-commerce and materially and adversely affect our results of operations.

Our business depends on the performance and reliability
of the telecommunication infrastructure in China. The availability of the technology platforms provide by third parties depends on telecommunications
carriers and other third-party providers for communications and storage capacity, including bandwidth and server storage, among other
things. Almost all access to the internet and mobile network is maintained through state-owned telecommunication carriers under administrative
control, and we obtain access to end-user networks operated by such telecommunications carriers and service providers to present our internet
platform to consumers. We have experienced service interruptions in the past, which were typically caused by service interruptions at
the underlying external telecommunications service providers, such as the internet data centers and broadband carriers from which we lease
services. Service interruptions prevent brand partners from utilizing our technology platform, and frequent or extended interruptions
could frustrate consumers and discourage them from attempting to place orders, which could cause us and our brand partners to lose consumers
and adversely affect our results of operations.

Software failures or human errors could
cause us to oversell our brand partners’ inventory or misprice their offerings, which would hurt our reputation.

We, on behalf of our brand partners, automate
the allocation of the inventories simultaneously across multiple online channels, as well as to ensure that the sales comply with the
policies of each channel. In the event that our automated allocations do not function properly, or if there are human errors on the part
of our service staff, we may sell more inventories than we actually have in stock or make sales that violate channel policies. Errors
in the software we use or human error could cause transactions to be incorrectly processed that would cause GMV and our fees to be overstated.
We have experienced rare instances of such errors in the past and might experience similar occurrences in the future which could hurt
our business reputation. Brand partners could also seek recourse against us in these cases.

Any interruption in our fulfillment operations
for an extended period may have an adverse impact on our business and financial condition.

Our ability to process and fulfill orders accurately
depends on the smooth operation of