Company: FVN
Filing Date: 2025-01-07
Form Type: DRS/A
Source: 0001829126-25-000092
Chunk: 539

Company: Future Vision II Acquisition Corp.
Filing Date: 2025-01-07
Form: DRS/A
Chunk 539
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 25% enterprise income tax rate while preferential tax rates, tax holidays and even tax exemption may be granted on case-by-case basis. EIT grants preferential tax treatment to certain High and New Technology Enterprises (“HNTEs”). Under this preferential tax treatment, HNTEs are entitled to an income tax rate of 15%, subject to a requirement that they re-apply for HNTE status every three years.

Significant components of the provision for income taxes are as follows:

|                              |     | For the years ended |          |   |     |               |            |   |     |               |          |   |
|                              |     |       September 30, |          |   |     | September 30, |            |   |     | September 30, |          |   |
|                              |     |                2023 |          |   |     |          2024 |            |   |     |          2024 |          |   |
|                              |     |                 RMB |          |   |     |           RMB |            |   |     |           USD |          |   |
| Current income tax expenses  |     |                     | (216,748 | ) |     |               | (3,457,364 | ) |     |               | (493,388 | ) |
| Deferred income tax expenses |     |                     |  126,411 |   |     |               | (74,746    | ) |     |               | (10,667  | ) |
| Total income tax expenses    |     |                     |  (90,337 | ) |     |               | (3,532,110 | ) |     |               | (504,055 | ) |

A reconciliation between of the statutory tax rate to the effective tax rate are as follows

|                                                          |     | For the     
 years ended | September 30, 
          2023 |    |     |     | September 30, 
          2024 |    |
|:---------------------------------------------------------|:----|:------------|--------------:|:---|:----|:----|--------------:|:---|
| China statutory income tax rate                          |     |             |            25 | %  |     |     |            25 | %  |
| Reconciling items:                                       |     |             |               |    |     |     |               |    |
| Tax effect of different tax rates in other jurisdictions |