Company: FVN
Filing Date: 2025-03-27
Form Type: DRS/A
Source: 0001829126-25-002094
Chunk: 566

Company: Future Vision II Acquisition Corp.
Filing Date: 2025-03-27
Form: DRS/A
Chunk 566
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 liabilities as of the date of the
unaudited consolidated financial statements and the reported amounts of revenues and expenses during the periods presented. Significant
accounting estimates reflected in the Company’s unaudited consolidated financial statements include the revenue recognition, right-of-use
assets and lease liabilities, deferred taxes and uncertain tax position. Actual results could differ from these estimates.

Foreign currency translation and other comprehensive loss

The
Company uses Renminbi (“RMB”) as its reporting currency. The functional currency of the Company and its subsidiaries which
are incorporated in Hong Kong and PRC are USD and RMB, respectively, which are their respective local currencies based on the criteria
of ASC 830, “Foreign Currency Matters”.

In
the unaudited consolidated financial statements, the financial information of the Company and other entities located outside of the PRC
has been translated into RMB. Assets and liabilities are translated at the exchange rates on the balance sheet date, equity amounts are
translated at historical exchange rates, and revenues, expenses, gains and losses are translated using the average rate for the period.

Translation
adjustments included in accumulated other comprehensive loss amounted to RMB (268,588) and RMB 199,272 (USD 27,721) as of September 30,
2024 and December 31, 2024, respectively. The balance sheet amounts, with the exception of shareholders’ equity for at September
30, 2024 and December 31, 2024, were translated at USD 1.00 to RMB 7.0074 and to RMB 7.1884, respectively. The average translation rates
applied to statement of income accounts for the three months ended December 31, 2023 and 2024 were USD 1.00 to RMB 7.1435 and to RMB
7.1587, respectively. The shareholders’ equity accounts were stated at their historical rate. Cash flows are also translated at
average translation rates for the periods, therefore, amounts reported on the statement of cash flows will not necessarily agree with
changes in the corresponding balances on the consolidated balance sheets.

<div align='center'>F-54</div>

Translations
of balances in the unaudited consolidated balance sheets, unaudited consolidated statements of income and unaudited consolidated statements
of cash flows from RMB into USD as of and for the three months ended December 31, 2024 are solely for the convenience of the reader and
were calculated at the