Company: ABLV
Filing Date: 2025-04-23
Form Type: 20-F
Source: 0001213900-25-034677
Chunk: 28

Company: Able View Global Inc.
Filing Date: 2025-04-23
Form: 20-F
Item: Item 3
Chunk 28
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 permits, or, in severe cases, cessation of certain business. In addition,
if our brand partners are found by government authorities to have operated their business through us without requisite approvals, licenses
or permits or otherwise to be in violation of applicable laws and regulations, they may be ordered to take rectification actions. Any
of these actions may have a material and adverse effect on our business, financial condition and results of operations.

Our leased property interests may be defective
and our right to lease and use the properties affected by such defects may be challenged, or we may fail to extend or renew our current
leases or locate desirable alternatives for our facilities on commercially acceptable terms, which could cause significant disruption
to our business.

We lease 8 premises in mainland China for our
offices, as of the date of this Report. Some of the lessors of these leases have not provided us with sufficient documents to prove their
ownership of the premises or their rights to lease the premises to us for our intended use. We may not be able to maintain such leases
if the lessors are not legal owners of the properties or do not have competent authorizations from the legal owners of the properties
or have not obtained requisite governmental approvals in respect of our leases. In addition, we cannot assure you that we will be able
to successfully extend or renew our leases upon expiration of the current term or locate desirable alternatives for our facilities on
commercially reasonable terms or at all, and may therefore be forced to relocate our affected operations. Pursuant to the Administrative
Measure for Commodity House Leasing, the parties to house leasing shall, within 30 days after the execution of the house leasing
contract, submit the house leasing registration and filing formalities at the relevant construction or real estate administrative department
at the place where the leased house is located. Otherwise, anyone failing to complete the leasing registration and filing will be ordered
to make corrections within a prescribed time limit and/or be subject to a fine ranging from RMB 1,000 (approximately USD140) to RMB 10,000
(approximately USD1,403) if we fail to make corrections within such prescribed time limit. A substantial portion of our leasehold interests
in leased properties have not been registered with the relevant PRC government authorities as required by the PRC law, which may expose
us to potential fines if we fail to remediate after receiving any notice from the relevant PRC government authorities. As of the date
of this Report, we are not aware of