Company: MVNC
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001683168-25-008388
Chunk: 109

Company: Marvion Inc.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 2
Chunk 109
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venue sources 
    2025  
    2024 

    Supply chain segment: 

    Logistic services income 
    $462,498  
    $204,433 
  
    Warehousing services income 
     425,070  
     134,638 

     887,568  
     339,071 
  
    Financial segment: 

    Financial consulting services income 
     60,536  
     51,204 

    $948,104  
    $390,275 

Revenue Generating Operation in the Near
Future (Next 12 Months).

We will be accelerating
the B2B logistics and warehousing expansion. Our newly operational warehouse is already delivering value to the group, with a major logistic
partner (which is a HKEX listed company) who is now utilizing our facilities for integrated warehousing and last-mile delivery services.
We have been appointed as the exclusive local delivery partner for SF Express in Yuen Long. – a high-growth district with increasing
e-commerce demand. This collaboration not only locks in recurring revenue but also positions us for further expansion with other logistics
leaders.

Our subsidiary, United Warehouse
Limited has signed a Service Partnership Agreement with Starwarehouse Engineering to install solar PV systems on the roof of our warehouses.
The generated power will be sold to China Light and Power (CLP) at the defined tariff scheme rate, creating an additional long term stable
revenue stream to the group, at the same time reducing our carbon footprint in the society. The partnership is expected to start generating
revenue for the group in mid 2026 and continue until December 31, 2033.

Revenue Generating Operation in the Farther
Future (Beyond the Next 12 Months)

In the future, we are looking
into expanding more into the Business to Consumer (B2C) business opportunities.

Based on the market expertise
of our management team in the furniture industry, and the cross-border ecommerce growth from China to Hong Kong, we are seeking to develop
a furniture online ecommerce platform which can provide a one-stop furniture shopping experience for consumers. According to Statista,
Hong Kong consumers prefer online shopping and the percentage of consumers choosing to shop online will reach 84.1% by 2027. China has
a mature online furniture ecommerce market, with 50% of consumers in China already purchasing their furniture online. We plan to provide
a rich selection of furniture from the already mature China ecommerce market to the consumers