Company: FVN
Filing Date: 2025-02-14
Form Type: DRS/A
Source: 0001829126-25-000945
Chunk: 265

Company: Future Vision II Acquisition Corp.
Filing Date: 2025-02-14
Form: DRS/A
Chunk 265
---
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 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.

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