Company: ABLV
Filing Date: 2025-04-23
Form Type: 20-F
Source: 0001213900-25-034677
Chunk: 78

Company: Able View Global Inc.
Filing Date: 2025-04-23
Form: 20-F
Item: Item 3
Chunk 78
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approved by our shareholders’ meeting). As a result, we may not have sufficient profit to enable us to make future dividend distributions
to our shareholders, even if one of our financial statements prepared in accordance with PRC GAAP or U. S. GAAP indicates that our
operations have been profitable. After the completion of the Transaction, we may distribute dividends in the form of cash or by other
means permitted by our Articles of Association. Any proposed distribution of dividends shall be formulated by our Board and will be subject
to approval of our Shareholders. A decision to declare or to pay any dividends in the future, and the amount of any dividend, will depend
upon a number of factors, including our earnings and financial condition, operating requirements, capital requirements, business prospects,
statutory, regulatory and contractual restrictions on our declaration and payment of dividends, and any other factors that our Directors
may consider important. Any history dividends distribution cannot be regarded as any form of indication of either the amount or the time
we will distribute dividends. We cannot assure you that our dividend policies will not change in the future.

The Company is a holding company, and will
rely on dividends paid by our PRC Operating Entities for our cash needs. Any limitation on the ability of our PRC Operating Entities to
make dividend payments to us, or any tax implications of making dividend payments to us, could limit our ability to pay our parent company
expenses or pay dividends to holders of our ordinary shares.

The Company is a holding company and conduct a
significant part of our business in China through our PRC Operating Entities. We may rely on dividends to be paid by our PRC Operating
Entities to fund our cash and financing requirements, including the funds necessary to pay dividends and other cash distributions to our
shareholders, to service any debt we may incur and to pay our operating expenses. If our PRC Operating Entities incur debt on its own
behalf in the future, the instruments governing the debt may restrict its ability to pay dividends or make other distributions to us,
and in turn affect our ability to pay dividends to our investors.

Under PRC Laws and regulations, our PRC Operating
Entities may pay dividends only out of their accumulated profits as determined in accordance with PRC accounting standards and regulations.
In addition, our subsidiaries in China are required to set aside at least 10% of its after-tax profits each year, if any, to fund a statutory
capital reserve until such reserve reaches 50% of its registered capital. Each