Company: FVN
Filing Date: 2025-03-27
Form Type: DRS/A
Source: 0001829126-25-002094
Chunk: 54

Company: Future Vision II Acquisition Corp.
Filing Date: 2025-03-27
Form: DRS/A
Chunk 54
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 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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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 renew relevant licenses, permits or approvals in the future.

Furthermore, the government authorities may subsequently require the PRC subsidiaries and the affiliated entities to obtain additional licenses, permits and approvals. If (i) VIWO (or New VIWO) does not receive or maintain any required permissions or approvals, (ii) VIWO (or New VIWO) inadvertently concluded that certain permissions or approvals have been acquired or are not required, or (iii) applicable laws, regulations or interpretations thereof change and VIWO (or New VIWO) becomes subject to the requirement of additional permissions or approvals in the future, there is no assurance that such permissions or approvals will be able to be obtained in a timely manner, or at all, and such approvals may be rescinded even if obtained. Any such circumstance could subject VIWO (or New VIWO) to sanctions imposed by the PRC regulatory authorities, which could include fines and penalties, proceedings against it, and other forms of sanctions, and VIWO’s (or New VIWO’s) business, financial condition and results of operations may be materially and adversely affected. For more detailed information, see “Risk Factors — Risks Relating to Doing Business in China.”

Even though VIWO does
not engage in artificial intelligence development, as advised by VIWO’s PRC counsel, currently, China (including Hong Kong in the
current context) does not impose specific restrictive measures for foreign investment in domestic companies