Company: ABLV
Filing Date: 2025-04-23
Form Type: 20-F
Source: 0001213900-25-034677
Chunk: 46

Company: Able View Global Inc.
Filing Date: 2025-04-23
Form: 20-F
Item: Item 3
Chunk 46
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 the PRC government has implemented measures emphasizing the utilization of market
forces for economic reform, the reduction of state ownership of productive assets, and the establishment of improved corporate governance
in business enterprises, a substantial portion of productive assets in China is still owned by the government. In addition, the PRC government
continues to play a significant role in regulating industry development by imposing industrial policies. The PRC government also exercises
significant control over China’s economic growth by allocating resources, controlling payment of foreign currency-denominated obligations,
setting monetary policy, regulating financial services and institutions and providing preferential treatment to particular industries
or companies.

While the PRC economy has experienced significant
growth in the past three decades, growth has been uneven, both geographically and among various sectors of the economy. The PRC government
has implemented various measures to encourage economic growth and guide the allocation of resources. Some of these measures may benefit
the overall PRC economy, but may also have a negative effect on us. Our financial condition and results of operation could be materially
and adversely affected by government control over capital investments or changes in tax regulations that are applicable to us. In addition,
the PRC government has implemented in the past certain measures, including interest rate increases, to control the pace of economic growth.
These measures may cause decreased economic activity, which in turn could lead to a reduction in demand for our services and consequently
have a material adverse effect on our businesses, financial condition and results of operations.

There are uncertainties regarding the interpretation
and enforcement of PRC Laws, rules and regulations and sudden or unexpected changes in laws, rules and regulations in China could
adversely affect us and limit the legal protections available to you and us.

Our business and operations are primarily conducted
in the PRC, and are governed by PRC Laws, rules and regulations. Our PRC Operating Entities are subject to laws, rules and regulations
applicable to foreign investment in China. The PRC legal system is a civil law system based on written statutes. Unlike the common law
system, prior court decisions may be cited for reference but have limited precedential value.

In 1979, the PRC government began to promulgate
a comprehensive system of laws, rules and regulations governing economic matters in general. The overall effect of legislation over
the past four decades has significantly enhanced the protections afforded to various forms of foreign investment in China. However, China
has not developed a fully integrated legal system, and recently enacted laws, rules and regulations may not sufficiently