Company: ABLV
Filing Date: 2025-04-23
Form Type: 20-F
Source: 0001213900-25-034677
Chunk: 54

Company: Able View Global Inc.
Filing Date: 2025-04-23
Form: 20-F
Item: Item 3
Chunk 54
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 the MOFCOM, and prohibit any attempt to bypass a security review, including by structuring the transaction
through a proxy or contractual control arrangement. In addition, the Anti-Monopoly Law requires that the anti-monopoly law enforcement
agency be notified in advance of any concentration of undertaking if certain thresholds are triggered. In addition, our proposed formation
of joint venture with, or acquisition of control of, or decisive influence over, any company with revenues above relevant thresholds would
be subject to SAMR merger control review. Complying with the requirements of the relevant regulations to complete such transactions could
be time-consuming, and any required approval processes, including approval from the anti-monopoly law enforcement agency may delay or
inhibit our ability to complete such transactions, which could affect our ability to expand our business or maintain our market share.

Furthermore, outbound direct investments conducted
by PRC enterprises are subject to approval, filing or reporting requirements under relevant NDRC, MOFCOM and SAFE rules. Currently we
do not intend to make any outbound direct investment, but if in the future we conduct any such investments, we are subject to the requirements
mentioned above and may be ordered to cease such outbound investments and subject to relevant legal and administrative liabilities. In
addition, the NDRC issued the Administrative Measures for the Outbound Investment by Enterprises, or the Outbound Investment Measures,
in December 2017 which came into effect on March 1, 2018. Under the Outbound Investment Measures, if an overseas entity controlled
by PRC enterprises or individuals conducts an outbound investment with an investment amount of US$300 million or above in one of
the non-sensitive areas, it shall file with the NDRC the relevant information before the closing of such investment. For any outbound
investment by an overseas entity controlled by PRC enterprises or individuals in one of the sensitive areas listed in the Outbound
Investment Sensitive Industry Catalogue (2018 Version)which was promulgated by the NDRC in January 2018 and came into effect
on

March 1, 2018, or the Outbound Investment
Sensitive Industry Catalogue (2018), such investment shall be subject to the NDRC approval requirement. We may be deemed by the regulatory
authorities as an overseas entity controlled by PRC individuals and therefore our overseas acquisition may be subject to such filing or
approval procedures.

If the regulatory authorities’ practice
remains unchanged, our ability to carry out our investment and acquisition strategy may be materially and