Company: ABLV
Filing Date: 2025-04-23
Form Type: 20-F
Source: 0001213900-25-034677
Chunk: 31

Company: Able View Global Inc.
Filing Date: 2025-04-23
Form: 20-F
Item: Item 3
Chunk 31
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 fulfillment capabilities.

We have observed an overall tightening of the
labor market and an emerging trend of shortage of labor supply. Failure to obtain stable and dedicated warehousing, delivery and other
labor support may lead to underperformance of these functions and cause disruption to our business. Labor costs in China have increased
with China’s economic development, particularly in the large cities where we operate our fulfillment centers and more generally
in the urban areas where we maintain our delivery and pickup stations. It is also costly to employ qualified personnel who have the knowledge
and experience of working with leading global brands. In addition, our ability to train and integrate new employees into our operations
may also be limited and may not meet the demand for our business growth on a timely fashion, or at all, and rapid expansion may impair
our ability to maintain our corporate culture.

Our business generates and processes a large
amount of data, and the improper storage, use or disclosure of such data could harm our reputation as well as have a material adverse
effect on our business and prospects.

Our business generates and processes a large quantity
of personal, transaction, demographic and behavioral data. We face risks inherent in handling and protecting large volumes of data. In
particular, we face challenges relating to data derived from transactions and other activities on our platform, including:

  protecting data in and hosted on our system, including against attacks on our system by outside parties or fraudulent behavior or improper use by our employees;  

  addressing data privacy, security and other concerns; and  

  complying with applicable laws, rules and regulations relating to the collection, use, disclosure or security of personal information, including any requests from regulatory and government auth...  

Significant capital and other resources may be
required to protect against information security breaches or to alleviate problems caused by such breaches or to comply with our privacy
policies or privacy-related legal obligations. The resources required may increase over time as the methods used by hackers and others
engaged in online criminal activities are increasingly sophisticated and constantly evolving. Any failure or perceived failure by us to
prevent information security breaches or to comply with privacy policies or privacy-related legal obligations, or any compromise of security
that results in the unauthorized release or transfer of personally identifiable information or other customer data, could cause our consumers
to lose trust in us and could expose us to legal claims. Any perception by the public that online transactions or the privacy of user
information are becoming increasingly unsafe or vulnerable to attacks could inhibit the growth of online retail and other online services