Company: ABLV
Filing Date: 2025-04-23
Form Type: 20-F
Source: 0001213900-25-034677
Chunk: 222

Company: Able View Global Inc.
Filing Date: 2025-04-23
Form: 20-F
Item: Item 19
Chunk 222
---
,818, $3,012,347and $2,610,257to certain related parties, respectively. The advances were
made to support operations of these related parties. The advances were interest free and repayable on demand. During the years ended
December 31, 2024, 2023 and 2022, the Company collected advances of $
178,129, $
4,220,314
and $
1,698,618
from these related parties, respectively.

                        For the Years Ended December 31,                                                                                           
                        2024                                                              2023                                                     
                        Advances                                                          Advances                                                 
  Skinist Global        $                                     —              —            $             ( 2,030,942      2,030,942      —          
 ───────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Skinist Shanghai                                            —              18,311                        ( 66,267        285,642      —          
  Jingqi                                                      —              —                            ( 915,138      1,903,730      1,563,382  
  Zhi Mei Si                                                  ( 69,486       69,486                                                                
  Li Bo                                                       ( 90,332       90,332                                                                
  Zhiwang                                                     —              —                                    —              —      135,236    
                        $                                     ( 159,818      178,129      $             ( 3,012,347      4,220,314      1,698,618  

Borrowings from
(Repayment of Borrowings to) related parties

                            For the Years Ended December 31,                                                                                        
                            2024                                                                                                                    
                            Borrowings                                                                                                              
  Ying Tian (1)             $2,726,628                             ( 4,322,729      15,282,433      ( 13,686,332      —               —             
 ────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Mr. Tang Yuhua (1)        —                                         ( 90,342       1,529,467      ( 585,656         2,570,962       ( 148,610     
  Mr. Wang Jixiang (1)      —                                      ( 1,140,255       1,452,195      ( 82,760          —               —             
  Mr.