Company: FVN
Filing Date: 2025-02-14
Form Type: DRS/A
Source: 0001829126-25-000945
Chunk: 276

Company: Future Vision II Acquisition Corp.
Filing Date: 2025-02-14
Form: DRS/A
Chunk 276
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 intelligence digital technology services in China. It is a holding company, is a professional Business intelligence digital technology provider, through its subsidiaries, mainly engaged in Business intelligence digital technology services in Mainland China and Hong Kong.

On November 28, 2024, we entered into a Merger Agreement with Future Vision and the Merger Sub. Upon the consummation of the Business Combination, we will be a wholly owned subsidiary of Future Vision and Future Vision’s name will be changed to “VIWO Inc”.

For the year ended September 30, 2024, our revenue was RMB 328.6 million (USD 46.9 million), an increase of RMB 52.0 million or 18.8% from the RMB 276.6 million for the year ended September 30, 2023. The revenue mainly comes from Martech services and Software development services.

For the year ended September 30, 2024, our gross profit was RMB 94.8 million (USD 13.5 million), an increase of RMB 6.3 million or 7.2% from the RMB 88.4 million for the year ended September 30, 2023.

For the year ended September 30, 2024, our operating expenses were RMB 72.9 million (USD 10.4 million), a decrease of RMB 14.8 million or 16.8% from the RMB 87.7 million for the year ended September 30, 2023.

For the year ended September 30, 2024, our net income was RMB 19.2 million (USD 2.7 million), an increase of RMB 17.7 million or 1,138.4% from our net income of RMB 1.6 million as of September 30, 2023.

Key Factors that Affect Operating Results

We believe the following key factors may affect our financial condition and results of operations:

Ability to Acquire and Retain Customers

VIWO’s revenue comes from providing intelligent digital technology services. Therefore, VIWO’s growth and profitability highly depends on its ability to retain and acquire customers who cooperate with VIWO to receive intelligent digital technology services. One of the ways VIWO measures growth is by the number of retained and new customers, and average revenue per customer. As of September 30, 2023, and September 30, 2024, VIWO and its subsidiaries had