Company: ABLV
Filing Date: 2025-04-23
Form Type: 20-F
Source: 0001213900-25-034677
Chunk: 102

Company: Able View Global Inc.
Filing Date: 2025-04-23
Form: 20-F
Item: Item 4
Chunk 102
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 level of sales activity in the first quarter due to the Chinese
New Year holiday, during which consumers generally spend less time shopping online and businesses in China are generally closed.

In anticipation of increased sales activity during
peak seasons, we increase our inventory levels and incur additional expenses. After Able View goes public, if our seasonal revenues are
below expectations, our operating results could be below the expectations of securities analysts and investors. Due to the nature of our
business, it is difficult to predict the impact of this seasonality on our business and financial results. In the future, our seasonal
sales patterns may become more pronounced, may strain our personnel, customer service operations, fulfillment operations and shipment
activities and may cause a shortfall in revenues compared to expenses in a given period. As a result, the trading price of our ordinary
shares may fluctuate from time to time due to seasonality.

Brand Development and Acquisition

Managed Brands

By December 31, 2024, Able View has engaged 15
brands as brand management partner in China, compared to a portfolio of 15 and 12 brands by the end of 2023 and 2022. Clarins occupied
approximately 71% of the Company’s total revenues in the year ended December 31, 2024. Cosmetic Skin Solutions LLC. occupied approximately
14% of Company’s total revenues in each of the years ended December 31, 2023 and 2022. The Company engages brand companies under
agency contracts with a term of 12 months. The contract renewal process usually starts at the beginning of the next year, and take
around one month to negotiate the annual minimum purchase target. The brand portfolio covers classes of beauty and personal care categories
including hair care, nasal care, oral care, dermo skin care and OTC. The Company doesn’t have preference of country of origin
and engage brands from United States, France, Spain, Japan and Korea. The brand companies are regarded as product suppliers to Able
View and the contracts with brand companies are usually on an exclusive basis.

Brand Screening and Acquisition

Able View primarily focuses on brands with global
recognition, proven records of leading position in specific product categories and good reputation among target consumers in China. As
a brand partner and agent in China market, Able View believes it is critical to cooperate with qualified brands which has great potential
to grow in its category and ability to recognize Able View’s value to generate accord in future operation. The Company implements
strict screening procedures utilizing various sourcing