Company: FVN
Filing Date: 2025-02-14
Form Type: DRS/A
Source: 0001829126-25-000945
Chunk: 559

Company: Future Vision II Acquisition Corp.
Filing Date: 2025-02-14
Form: DRS/A
Chunk 559
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 | ) |
| Total                          |     |               |   824,100 |   |     |               |   502,004 |   |     |               |   71,639 |   |

Depreciation expenses for the years ended September 30, 2023 and 2024 amounted to RMB 305,844 and RMB 325,390 (USD 46,435), respectively. No impairment expenses were recorded for the years ended September 30, 2023 and 2024.

Note 8 — Short-term borrowings

The balance of short-term borrowings consisted of the following:

|                             |     | September 30, |            |     | September 30, |            |     | September 30, |           |
|                             |     |          2023 |            |     |          2024 |            |     |          2024 |           |
|                             |     |           RMB |            |     |           RMB |            |     |           USD |           |
| Bank of China               |     |               | 10,000,000 |     |               | 10,000,000 |     |               | 1,427,063 |
| Micro Public Bank Co., Ltd. |     |               |          - |     |               |    140,000 |     |               |    19,979 |
| Total                       |     |               | 10,000,000 |     |               | 10,140,000 |     |               | 1,447,042 |

On December 22, 2022, the
Company entered into a line of credit agreement with Bank of China for a revolving credit facility of RMB 10,000,000. The loan was guaranteed
by the management of Tapuyu. From January 12, 2023 to July 16, 2024, the Company successively borrowed an aggregate amount of RMB 20,000,000
for one year from Bank of China. The annual interest rate was ranging from 3.05% to 3.36%. As of September 30, 2023 and 2024, RMB nil
and RMB 10,000,000 were repaid, and RMB 10,000,000 and RMB 10,000,000 were outstanding, respectively.

From October 2, 2023 to June 29, 2024, the Company success