Company: FVN
Filing Date: 2025-01-07
Form Type: DRS/A
Source: 0001829126-25-000092
Chunk: 540

Company: Future Vision II Acquisition Corp.
Filing Date: 2025-01-07
Form: DRS/A
Chunk 540
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| Lease liabilities                   |     |               |  (3,011 | ) |     |               |      - |   |     |               |     - |   |
| Total deferred tax liabilities, net |     |               |  (3,011 | ) |     |               |      - |   |     |               |     - |   |

Uncertain tax positions

The Company evaluates each uncertain tax position (including the potential application of interest and penalties) based on the technical merits, and measure the unrecognized benefits associated with the tax positions. As of September 30, 2023 and 2024, the Company did not have any significant unrecognized uncertain tax positions. The Company did not incur any interest and penalties related to potential underpaid income tax expenses for the years ended September 30, 2023 and 2024 and does not anticipate any significant increases or decreases in unrecognized tax benefits in the next 12 months from September 30, 2024.

Value added taxes (“VAT”) and goods and services taxes (“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, |         |     | September 30, |           |     | September 30, |         |
|                      |     |          2023 |         |     |          2024 |           |     |          2024 |         |
|                      |     |           RMB |         |     |           RMB |           |     |           USD |         |
| VAT taxes payable    |     |               | 194,618 |     |               |    75,383 |     |               |  10,758 |
| Income taxes payable |     |               | 187,467 |     |               | 3,476,874 |     |               | 496,172 |
| Other taxes payable  |     |               |   3,358 |     |               |     4,151 |     |               |     592 |
| Totals               |     |               | 385,443 |     |               | 3,556,408 |     |               | 507,522 |

<div align='center'>F-54</div>

Note 11 — Concentration