Company: FVN
Filing Date: 2025-03-27
Form Type: DRS/A
Source: 0001829126-25-002094
Chunk: 289

Company: Future Vision II Acquisition Corp.
Filing Date: 2025-03-27
Form: DRS/A
Chunk 289
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 33.5 | % |     |      |       32.5 | % |     |          |        (1.0 | )% |     |          |         |    |
| Software development services |     |                                   |        4.4 | % |     |      |       21.5 | % |     |          |        17.1 | %  |     |          |         |    |
| Total Gross profit margin     |     |                                   |       32.0 | % |     |      |       28.8 | % |     |          |        (3.2 | )% |     |          |         |    |

Our total gross profit
increased by RMB 6.3 million, or 7.2%, from RMB 88.4 million for the year ended September 30, 2023 to RMB 94.8 million for the year
ended September 30, 2024. The increase in total gross profit was mainly due to we have expanded our market share, improved our marketing
technology and service methods, and reduced service costs. Our total gross profit margin decreased by 3.2% from 32.0% for the year ended
September 30, 2023 to 28.8% for the year ended September 30, 2024, mainly due to the business volume of Martech services has
declined to some extent, resulting in a decrease in the gross profit margin.

Operating expenses

Our operating expenses
consist of the following:

|                                     |     | For the Years Ended September 30, |             |   |     |      |             |   |     |          |            |   |     |          |       |    |
|                                     |     |                              2023 |             |   |     | 2024 |             |   |     | Variance |            |   |     | % of     
 variance |       |    |
| Selling and marketing               
 expenses                            |     |                                   | (1,677,410  | ) |     |      | (2,047,345  | ) |     |          |   (369,935 | ) |     |          |  22.1 | %  |
| General and administrative expenses |     |                                   | (7,551,849  | ) |     |      | (5,440,351  | ) |     |          |  2