Company: FVN
Filing Date: 2025-03-10
Form Type: DRS/A
Source: 0001829126-25-001610
Chunk: 270

Company: Future Vision II Acquisition Corp.
Filing Date: 2025-03-10
Form: DRS/A
Chunk 270
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, VIWO would act as advertising service agent for the customer to place advertisements for the customer. VIWO provide the comprehensive and intelligent marketing technology services. The terms of the contract range is one year subject, and the parties can renew the contract after negotiation. Fees payable to VIWO under the contract would be determined based on the number of the advertisement impressions.

VIWO provide the Software development services to Client B and Client C. Pursuant to the contract that VIWO entered into with above two customers, VIWO offers Business intelligence software development services based on customers’ specific needs. The contract is typically fixed priced and does not provide any post-contract customer support or software upgrades. VIWO’s obligation is to design, develop, test and install the related software for customers. The duration of the development period is generally short, usually less than two months. Fees payable to VIWO under the contract will be at a point in time when the software product has been delivered to and accepted by customers.

Sales and marketing

We promote our products and services directly through our experienced and creative sales and marketing team, through directly visiting clients, attending conferences and industry exhibitions. Customers who are not familiar with our services and products can also consult our support team for the best solution.

We also expand our customer base through word-of-mouth referrals, and we are committed to continuously improving the quality of our products and services, as we believe satisfied customers are more likely to continue using our products and recommend them to others.

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Research and development

We have a dedicated R&D team responsible for the design and development of our products. Our R&D team accounts for 55% of the total number of employees. They have extensive experience in algorithms, Business Intelligence, and image synthesis. Each member of our research and development team has many years of industry experience and is responsible for research and development to enable innovation and progress of the VIWO.

Intellectual property

We regard our patents, copyrights, trademarks, trade secrets and other intellectual properties as critical to our success. We rely on a combination of patent, copyright, trademark and trade secret laws and restrictions on disclosure to protect our intellectual property rights. Details of our intellectual properties portfolio as of September 30, 2024 are set out as follows:

| ● | Patents: We have 5 registered patents in China, including image processing technology, 2 patent applications with the China National Intellectual Property Administration; |
| ● | Software copyright. We have 45 registered software Copyrights in China;