Company: FVN
Filing Date: 2025-03-27
Form Type: DRS/A
Source: 0001829126-25-002094
Chunk: 576

Company: Future Vision II Acquisition Corp.
Filing Date: 2025-03-27
Form: DRS/A
Chunk 576
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 (“GST”)

Revenue
represents the invoiced value of service, net of VAT or GST. The VAT and GST are based on gross sales price and VAT rates range up to
13% in China, depending on the type of service provided or product sold.

Taxes
payable consisted of the following:

|                      |     | September 30, |           |     | December 31, |           |     | December 31, |         |
|                      |     |          2024 |           |     |         2024 |           |     |         2024 |         |
|                      |     |           RMB |           |     |          RMB |           |     |          USD |         |
| VAT taxes payable    |     |               |    75,383 |     |              |   148,686 |     |              |  20,685 |
| Income taxes payable |     |               | 3,476,874 |     |              | 5,172,431 |     |              | 719,552 |
| Other taxes          
 payable              |     |               |     4,151 |     |              |     4,292 |     |              |     597 |
| Totals               |     |               | 3,556,408 |     |              | 5,325,409 |     |              | 740,834 |

<div align='center'>F-61</div>

Note 7 — Concentration of risk

Credit risk

Financialinstruments that potentially subject the Company to significant concentrations of credit risk consist primarily of cash. In China, the insurance coverage of each bank is RMB 500,000 (approximately USD 70,000). As of December 31, 2024, cash with short-term investment balance of RMB 79,687,577 (USD 11,085,579) was deposited with financial institutions located in China. The Hong Kong Deposit Protection Board pays compensation up to a limit of HKD 500,000 (approximately USD 64,000) if the bank with which an individual/a company hold its eligible deposit fails. As of December 31, 2024, no cash balance was maintained at financial institutions in Hong Kong, of which nil was subject to credit risk. While management believes that these financial institutions are of high credit quality, it also continually monitors their credit worthiness.

Most
of the Company’s expense transactions are denominated in RMB and