Company: ABLV
Filing Date: 2025-04-23
Form Type: 20-F
Source: 0001213900-25-034677
Chunk: 11

Company: Able View Global Inc.
Filing Date: 2025-04-23
Form: 20-F
Item: Item 3
Chunk 11
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 for whatever reasons, our brand partners may have to cease to sell their products on these
channels. As our results of operations rely on the sales performance on these e-commerce channels, a decrease in the use of these channels
would reduce demands for our services, and we may have to push for more sales in other channels, which requires search and transition
time. Therefore, we cannot assure you that our business and results of operations will not be negatively influenced in the short term
if such situation arises.

A variable portion of the revenues we generate
from certain brand partners is based upon the amount of GMV, and any change to such pricing mechanism may adversely affect our financial
results.

A portion of the revenues we generate from certain
brand partners is variable based on GMV generated through such partners’ online stores that we operate, based on terms we negotiate
with the brand partners. If that GMV were to decline, does not grow as expected, or if our partners demand pricing terms that do not provide
for variability based on the value of purchases transacted and settled on the stores operated by us, our revenue, profitability and business
prospects may be adversely affected.

In addition, the ratio of our revenues as a percentage
of GMV generated through the online stores that we operate for brand partners could vary as their bargaining power increases or our service
scope reduces, which could adversely affect our financial results. We also intend to focus on high quality GMV categories. Although we
are focused on achieving a higher ratio of our revenues as a percentage of GMV generated through the partners’ online stores that
we operate, there is no guarantee that we will successfully achieve this and our failure to do so could adversely affect our financial
results.

We may not be able to compete successfully
against current and future competitors.

We face intense competition in the market for
being comprehensive brand management partner, and we expect competition to continue to intensify in the future. Our contracts with our
brand partners are generally not written on an exclusive basis and we generally do not have contractual rights to exclude other agents
to sell the products of our brand partners under the distribution model. As a result, once brand partners decide to switch part of their
products sales to our competitors, we may face competitions with other brand management providers that our brand partners work with. Increased
competition may result in reduced pricing for providing the products or a decrease in our market share, any of which could negatively
affect our ability to retain existing brand partners and attract new brand