Company: ABLV
Filing Date: 2025-04-23
Form Type: 20-F
Source: 0001213900-25-034677
Chunk: 14

Company: Able View Global Inc.
Filing Date: 2025-04-23
Form: 20-F
Item: Item 3
Chunk 14
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 and results of operations.

Additionally, system upgrade and improvement are
essential to support our business growth, and failure to do so could impede our growth. However, we cannot assure you that these third-parties
who provide us the access to the platforms will be executing these system upgrades and improvement strategies in a timely fashion, or
succeed in doing so at all. In particular, the systems may experience interruptions during upgrades, and the new technologies or infrastructures
may not be fully integrated with the existing systems on a timely basis, or at all. If the technology platform we are using or will use
does not function properly, it could cause system disruptions and slow response times, affecting data transmission, which in turn could
materially and adversely affect our business, financial condition and results of operations.

We also rely on technologies that we license from
third parties, such as Microsoft, Adobe and certain management information systems. These licenses may not continue to be available to
us on commercially reasonable terms or at all in the future. As a result, we may be required to obtain substitute technologies. There
is no assurance that we will be able to obtain such substitute technologies on commercially reasonable terms, or at all, which could negatively
affect the functionality of our technology platform and our business operations.

We have experienced substantive growth in
recent years, and failure to manage our growth and return to or maintain profitability could harm our business and prospects.

We have experienced substantive growth in recent years.
Our total net revenues increased from $0.14 million in 2016 to $128.9 million in 2024, representing a compound annual growth
rate of 134%. However, there is no assurance that we will be able to maintain our historical growth rates in future periods. Our revenue
growth may slow or our revenues may decline for many reasons, including competition, slower growth of the China retail or China online
retail sales, fulfillment bottlenecks, emergence of alternative business models, changes in government policies and other general economic
conditions.

Our growth has placed, and continues to place,
significant strain on our management and resources. We anticipate that we will need to implement new or upgraded operational and financial
systems, procedures and controls, including the improvement of our accounting and other internal management systems. We also need to expand,
train, manage and motivate our workforce and manage our relationships with our partners, suppliers, third-party merchants and other service
providers. To return to or maintain profitability, we must implement such upgrades, manage our workforce cost