Company: ABLV
Filing Date: 2025-04-23
Form Type: 20-F
Source: 0001213900-25-034677
Chunk: 80

Company: Able View Global Inc.
Filing Date: 2025-04-23
Form: 20-F
Item: Item 3
Chunk 80
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 a PRC entity. However, the 5% withholding tax rate does not automatically apply and certain requirements must be satisfied,
including, without limitation, that (a) the Hong Kong entity must be the beneficial owner of the relevant dividends; and (b) the Hong
Kong entity must directly hold no less than 25% share ownership in the PRC entity during the 12 consecutive months preceding its receipt
of the dividends. In current practice, a Hong Kong entity must obtain a tax resident certificate from the Hong Kong tax authority to apply
for the 5% lower PRC withholding tax rate. As the Hong Kong tax authority will issue such a tax resident certificate on a case-by-case
basis, we cannot assure you that we will be able to obtain the tax resident certificate from the relevant Hong Kong tax authority and
enjoy the preferential withholding tax rate of 5% under the Double Taxation Arrangement with respect to dividends to be paid by our PRC
Operating Entities to their respective immediate holding company in Hong Kong.

Because there are no current plans to pay
cash dividends on the Ordinary Share for the foreseeable future, you may not receive any return on investment unless you sell your Ordinary
Share for a price greater than that which you paid for it.

The Company intends to retain future earnings,
if any, for future operations, expansion and debt repayment and there are no current plans to pay any cash dividends for the foreseeable
future. The declaration, amount and payment of any future dividends on shares of the Ordinary Share will be at the sole discretion of
our board of directors. our board of directors may take into account general and economic conditions, our financial condition and results
of operations, our available cash and current and anticipated cash needs, capital requirements, contractual, legal, tax, and regulatory
restrictions, implications on the payment of dividends by the Company to its shareholders or by its subsidiaries to it and such other
factors as our board of directors may deem relevant. In addition, our ability to pay dividends is limited by covenants of our existing
and outstanding indebtedness and may be limited by covenants of any future indebtedness the Company incurs. As a result, you may not receive
any return on an investment in our Ordinary Share unless you sell our Ordinary Share for a price greater than that which you paid for
it.

Our Ordinary Shares’ liquidity and
market price may be volatile.

The price and trading volume of our Ordinary Shares
may be volatile. The following factors, among