Company: ABLV
Filing Date: 2025-02-14
Form Type: F-3
Source: 0001213900-25-014400
Chunk: 4

Company: Able View Global Inc.
Filing Date: 2025-02-14
Form: F-3
Chunk 4
---
 (“MOFCOM”) jointly issued the Special Administrative
Measures for Foreign Investment Access (Negative List) (2024 Edition), effective November 1, 2024. As a company operating its business
in distributing and selling beauty and personal care products online, which are not included in the 2021 Negative List, Able View believes
its business is not subject to any ownership restrictions. However, since the Negative List has been adjusted and updated almost on an
annual basis in the recent years, we cannot assure you that the aforementioned business segments will continuously be beyond the
“prohibited” category, which would likely result in a material change in our operations or in the value of our securities,
if that happens, it could cause the value of our securities to significantly decline or become worthless. The PRC government has also
established a foreign investment information reporting system, according to which foreign investors or foreign-invested enterprises
shall submit investment information to the competent department for commerce concerned through the enterprise registration system and
the enterprise credit information publicity system, and a security review system under which the security review shall be conducted for
foreign investment affecting or likely affecting the state security.

For the six months ended June 30, 2024, Able View
transferred $1,950,000, to Able View Brands Limited (“Able View Brands”), a wholly owned subsidiary of Able View. Able View
Brands transferred $1,080,971 to Able View. For the fiscal year ended December 31, 2023, Able View Brands transferred $665,411.32 to Able
View. Other than the transfers mentioned above, as of the date of this prospectus, Able View has not made any other transfers, dividends
or distributions between the holding company, any of its subsidiaries or to investors. We do not have any current intentions to distribute
further earnings.

If we determine to pay dividends on any of our
Ordinary Shares in the future, as a holding company, we will be dependent on receipt of funds from our subsidiaries by way of dividend
payments. Current PRC regulations permit our PRC subsidiaries to pay dividends to their respective shareholders only out of their accumulated
profits, if any, determined in accordance with PRC accounting standards and regulations. In addition, each of our PRC subsidiaries is
required to set aside at least 10% of its after-tax profits each year, if any, to fund a statutory reserve until such reserve reaches
50% of each of their registered capitals. These