Company: FVN
Filing Date: 2025-02-14
Form Type: DRS/A
Source: 0001829126-25-000945
Chunk: 54

Company: Future Vision II Acquisition Corp.
Filing Date: 2025-02-14
Form: DRS/A
Chunk 54
---
, and serves as the basic proof of
the company’s legal existence and operation rights in the mainland Chinese market. As of the date of this proxy
statement/prospectus, other than each Business License, PRC subsidiaries of VIWO are not required to obtain any other license or
permits issued by relevant governmental agencies or authorities within the course of their business. VIWO’s Hong Kong
subsidiaries are each duly incorporated under the laws of Hong Kong and each possess a Business Registration Certificate issued
pursuant to the Hong Kong Business Registration Ordinance (Chapter 310) and Business Registration Regulations.

In the
People’s Republic of China (PRC), the legal and operational risks for VIWO and VIWO Inc. (New VIWO) are not limited to
mainland China but also extend to Hong Kong and Macau. Hong Kong and Macao each have their own legal systems. While they are part of the PRC, their legal framework for business operations differs from that of mainland China.
Pursuant to the Basic Law of the Hong Kong Special Administrative Region (the “Basic Law”), which is a national law of
the PRC and the constitutional document for Hong Kong, national laws of the PRC shall not be applied in Hong Kong except for those
listed in Annex III of the Basic Law (which is confined to laws relating to defense and foreign affairs, as well as other matters
outside the autonomy of Hong Kong), VIWO does not believe there will be material effects on its Hong Kong Subsidiaries’
operations and financial results resulting from the legal and operational risks relating to the PRC regulations. As such, the legal
and operational risks associated with VIWO’s operations in the PRC apply to its operations in Hong Kong only to the extent
applicable. However, there remains regulatory uncertainty with respect to the implementation and interpretation of laws in China.
VIWO is also subject to the risks of uncertainty about any future actions the Chinese government or authorities in Hong Kong may
take in this regard. VIWO currently does not have plans to conduct business in Macao.

<div align='center'>24</div>

However, licensing requirements in China are constantly evolving, and New VIWO and the PRC subsidiaries may be subject to more stringent regulatory requirements due to changes in the political or economic policies in the relevant jurisdictions. We cannot assure you that the PRC subsidiaries will be able to satisfy such regulatory requirements, and as a result, the PRC subsidiaries may be unable to retain, obtain or