Company: FVN
Filing Date: 2025-03-10
Form Type: DRS/A
Source: 0001829126-25-001610
Chunk: 209

Company: Future Vision II Acquisition Corp.
Filing Date: 2025-03-10
Form: DRS/A
Chunk 209
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RC market, which will likely enhance customers’ willingness to pay; |

| ● | the demographics of the VIWO’s target customer base remain solid and are expected to increase steadily, thereby expanding the number of potential customers; |

| ● | VIWO will be able to continuously expand into new, high-quality market channels to find new customers and improve the efficiency of user acquisition; |

| ● | VIWO will be able to continually iterate its data systems to ensure the accuracy and efficiency of business decisions; |

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| ● | VIWO will be able to develop new products and establish collaborations with potential partners; |

| ● | VIWO will be able to explore market insights to identify new and expandable product markets; |

| ● | VIWO will be able to attract or retain the experienced management team and qualified personnel or find suitable or comparable replacements on a timely basis; and |

| ● | future legislative or regulatory changes would not have a material adverse effect on VIWO’s business, results of operations, and financial condition. |

Revenues:

Assumptions for revenues: Projected revenues are based on actual results for 2023 and 2024.

Actual historical results for 2024: For the years ended September 30, 2023 and 2024, VIWO’s revenue was RMB276 million ($46 million) and RMB328 million ($39 million), respectively.

: According to public data, from 2020 to 2023, the market size of China’s marketing industry expanded from RMB 32.1 billion ($4.6 billion) to RMB 84.9 billion ($12.1 billion), with a compound growth rate of 38.4%, demonstrating a robust growth trend. Furthermore, in 2021, the market scale of China’s digital marketing application software reached RMB 2.4 billion ($340 million), with a year-on-year growth rate of 35.8%. It is projected to grow rapidly at an annual compound growth rate of 32.4% over the next five years, attaining a market scale of RMB 10 billion ($1.4 billion) by 2026. VIWO’s revenue compound annual growth rate is 31% in the past three years, and the management expects operating revenue growth of no less than 20% in the next year and an annual compound growth rate of 39% over the next five years.

Expectations: VIWO’s projections for the period from 2025 through