Company: ABLV
Filing Date: 2025-04-23
Form Type: 20-F
Source: 0001213900-25-034677
Chunk: 61

Company: Able View Global Inc.
Filing Date: 2025-04-23
Form: 20-F
Item: Item 3
Chunk 61
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 future, any
new shareholders or any existing shareholders can register or amend their registration in a timely manner. Failure to register or comply
with relevant requirements may also limit our ability to contribute additional capital to our PRC Operating Entities and limit our PRC
subsidiaries’ ability to distribute dividends to our company. These risks may have a material adverse effect on our business, financial
condition and results of operations.

PRC regulations of loans to PRC entities
and direct investment in PRC entities by offshore holding companies may delay or prevent us from using the proceeds of our offerings to
make loans or additional capital contributions to our PRC Operating Entities.

We may transfer funds to our PRC Operating Entities
which are Foreign-invested enterprises, or FIEs under PRC Laws or finance such FIEs by means of shareholder loans or capital contributions,
upon completion of our offerings. Any such loans to our FIEs cannot exceed statutory limits, which is either the difference between the
registered capital and the total investment amount of such FIE or a multiple of the FIE’s net assets in the previous year, and shall
be registered or filed with SAFE, or its local counterparts. Furthermore, if we make any capital contributions to FIEs, FIEs are required
to register the details of the capital contribution with the local branch of SAMR and submit a report on the capital contribution via
the online enterprise registration system to the MOFCOM.

In addition, SAFE promulgated the Circular
on the Relevant Operating Issues concerning Administration Improvement of Payment and Settlement of Foreign Currency Capital of Foreign-invested
Enterprises, or Circular 142, on August 29, 2008. SAFE promulgated the Circular of the State Administration of Foreign Exchange
on Further Clarifying & Regulating Relevant Matters Concerning the Administration of Some Foreign Exchange Businesses under Capital
Accounts, or Circular 45, on November 9, 2011 in order to clarify the application of Circular 142. Under Circular 142 and Circular
45, registered capital of a foreign-invested company settled in RMB converted from foreign currencies may only be used within the business
scope approved by the applicable governmental authority and may not be used for equity investments in the PRC. On March 30,
2015, SAFE released the Circular on the Reform of the Management Method for the Settlement of Foreign Exchange Capital of Foreign-invested
Enterprises, or SAFE Circular 19, which came into force and superseded SAFE Circular 142