Company: FVN
Filing Date: 2025-05-30
Form Type: S-4/A
Source: 0001829126-25-004067
Chunk: 604

Company: Future Vision II Acquisition Corp.
Filing Date: 2025-05-30
Form: S-4/A
Chunk 604
---
  | This balance was loan borrowing from related party, which were intended                                                             
 entirely as working capital support. This loan is unsecured and non-interest bearing and is payable on March 19, 2027. On December  
 19, 2024, the loan of RMB 4,575,832 was paid off.                                                                                   |
| (iii) | This balance was nontrade payables arising from transactions between                                                                
 the Company and the related party, this loan was intended entirely as capital expenditure support. This balance is unsecured and    
 is payable with an interest rate at 4.72% on an installment ending January 31, 2027. As of March 31, 2025, the carrying amounts of  
 the current portion and the non-current portion were RMB 181,992 and RMB 151,660, respectively. The interest expenses for the three 
 months ended March 31, 2024 and 2025 were approximately RMB 9,099 and RMB 9,099, for the six months ended March 31, 2024 and 2025   
 were approximately RMB 18,199 and RMB 18,199, respectively.                                                                         |

<div align='center'>F-74</div>

Note 7 — Taxes

Income tax

Cayman Islands

Under
the current laws of the Cayman Islands, VIWO is not subject to tax on income or capital gain. Additionally, upon payments of dividends to the shareholders, no Cayman Islands withholding tax will be imposed.

Hong Kong

VIWOTech are incorporated in Hong Kong and are subject to Hong Kong Profits Tax on the taxable income as reported in its statutory financial statements adjusted in accordance with relevant Hong Kong tax laws. Under the two-tiered profits tax rates regime, the first 2 million Hong Kong Dollar (“HKD”) of profits of the qualifying group entity will be taxed at 8.25%, and profits above HKD 2 million will be taxed at 16.5%. Additionally, upon payments of dividends by the Company to its shareholders, no HK withholding tax will be imposed.

PRC

Thesubsidiaries incorporated in the PRC are governed by the income tax laws of the PRC and the income tax provision in respect to operations in the PRC is calculated at the applicable tax rates on the taxable income for the periods based on existing legislation, interpretations and practices in respect thereof. Under the Enterprise Income Tax Laws of the PRC (the