Company: FVN
Filing Date: 2025-03-10
Form Type: DRS/A
Source: 0001829126-25-001610
Chunk: 53

Company: Future Vision II Acquisition Corp.
Filing Date: 2025-03-10
Form: DRS/A
Chunk 53
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 Hong Kong primarily through its subsidiaries. Its
operations in mainland China are governed by laws and regulations of mainland China. Many aspects of VIWO’s business depend on
obtaining and maintaining licenses, approvals, permits or qualifications from PRC regulators. Obtaining such approvals, licenses,
permits or qualifications depends on VIWO’s or New VIWO’s compliance with regulatory requirements, as applicable. PRC
regulatory authorities also have relatively broad discretion to grant, renew and revoke licenses and approvals and to implement laws
and regulations. Based on the legal advice of our PRC legal counsel and the PRC laws and regulations currently in effect, and
subject to different interpretations of these laws and regulations that may be adopted by PRC authorities, as of the date of this
proxy statement/prospectus, VIWO’s PRC subsidiaries have each obtained their respective PRC Business License. The PRC Business
License is a fundamental license that legally authorizes the license holding entity to conduct business activities within the scope
defined in the license. It specifies the nature of the business, the industries it can operate in, 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