Company: ABLV
Filing Date: 2025-04-23
Form Type: 20-F
Source: 0001213900-25-034677
Chunk: 110

Company: Able View Global Inc.
Filing Date: 2025-04-23
Form: 20-F
Item: Item 4A
Chunk 110
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 can adversely affect consumer confidence
and spending. The domestic and international political environments, including global inflation and uncertain financial markets or at
all, could in turn adversely affect our business, financial condition, and results of operations.

Our ability to retain our existing brand
partners

We provide service to help distribute and sell
cross-border products from various global brand owners through e-commerce platforms for brand partners primarily pursuant to
contractual arrangements with a term typically ranging from 12 to 36 months. Although we are fairly confident that we will be able
to renew the contracts with these brand partners, there is possibility that these contracts may not be renewed or, if renewed, may not
be renewed under the same or more favorable terms for us. We may not be able to accurately predict future trends in brand partners renewals,
and our brand partners’ renewal rates may decline or fluctuate due to factors such as level of satisfaction with our capacities,
as well as factors beyond our control, such as level of competition faced by our brand partners, their level of success in e-commerce and
their spending levels.

Our ability to maintain our relationships
with distribution channels

We generate a substantial majority of our revenues
from the product sales on e-commerce channels, including marketplaces, social media and other emerging e-commerce channels.
We usually renews our platform service agreements on an annual basis, and these e-commerce channels have no obligation to do business
with us or to allow us to have access to their channels in the long term. If we fail to maintain our relationships with these channels,
they may decide at any time and for any reason to significantly curtail or inhibit our ability to integrate our brand management capabilities
with their channels. We have annual platform service agreements with major online marketplaces, which may not be renewed in the future.
A majority of our platform service agreements have been renewed for the fiscal year ended December 31, 2025. We endeavor to timely renew
those platform service agreements before their expiration.

Additionally, these channels may decide to make
significant changes to their respective business models, policies, systems or plans, and those changes could impair or inhibit our ability
or our partners’ ability to sell their products on those channels, or may adversely affect the amount of GMV on those channels,
or otherwise reduce the desirability of selling on those channels. Further, any of these channels could decide to apply licenses and permissions,
or acquire other brands within the same industry of us that would allow them to compete with us. If we are unable to