Company: ABLV
Filing Date: 2025-04-23
Form Type: 20-F
Source: 0001213900-25-034677
Chunk: 223

Company: Able View Global Inc.
Filing Date: 2025-04-23
Form: 20-F
Item: Item 19
Chunk 223
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F-35

ABLE VIEW GLOBAL INC.

13. RELATED PARTY
TRANSACTIONS AND BALANCES(cont.)

3) Balances with
related parties

As of December 31, 2024 and 2023, the balances
with related parties were as follows:

- Due
from related parties

                               December 31,                     December 31,              
  Accounts receivable (1)                                                                 
  Mimosa HK                    $                 1,088,558      $                 —       
  Total                        $                 1,088,558      $                 —       
  Other receivable (2)                                                                    
  Skinist Shanghai                               —                                18,311  
  Total                        $                 —              $                 18,311  

  (1)      As of the date of this report, the accounts receivables due from Mimosa HK has been fully collected.  

  (2)      As of December 31, 2023, the other receivables due from the related party represented the administrative expenses paid by the Company on behalf of the related party. The balance was interest fr...  
 ─────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────

- Due
to related parties, current

                        December 31,                   December 31,               
  Other payable                                                                   
  Teng Xin              $                 —            $                  73,463  
  Mr. Zhu Jian                            —                              478,880  
                                          —                              552,343  
  Accounts payable                                                                
  Youshan                                 101,658                              —  
  Total                 $                 101,658      $                 552,343  

F-36

ABLE VIEW GLOBAL INC.

13. RELATED PARTY
TRANSACTIONS AND BALANCES(cont.)

3) Balances with
related parties (cont.)

- Due
to related parties, non-current

                             December 31,      December 31,  
  Dividends payable (1)                                      
  Mr. Zhu Jian                 $6,931,768        $6,912,634  
  Healthy Great                 5,008,185         4,980,486  
  Mr. Wang Jun                  1,307,479         1,319,451  
  Smartest Star                 1,118,061         1,111,877  
  Mr. Tang Jing                   990,274         1,004,003