Company: ABLV
Filing Date: 2025-02-14
Form Type: F-3
Source: 0001213900-25-014400
Chunk: 5

Company: Able View Global Inc.
Filing Date: 2025-02-14
Form: F-3
Chunk 5
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 reserves are not distributable In addition, PRC Operating Entities cannot distribute dividends
until previous years’ loss has been offset.

The company currently does not have any cash management
policies that dictate how funds are transferred. For the foreseeable future, we intend to use the earnings for the development of the
customer capacity. As a result, Able View currently does not have a plan to declare dividends to its shareholders in the foreseeable future.

Increasing Able View’s registered capital
in a mainland China subsidiary requires the filing with the State Administration for Market Regulation (“SAMR”) or its local
bureau, while a shareholder loan requires a filing with the State Administration of Foreign Exchange or its local bureau. Foreign direct
investment and loans must be approved by and/or registered in accordance with the Foreign Exchange Administration Regulations promulgated
in 1996, as amended in 2008. The total amount of loans we can make to our subsidiaries in mainland China cannot exceed statutory limit
which is the difference between the amount of total investment as approved by the Ministry of Commerce or its local counterpart and the
amount of registered capital or a multiple (currently set as 2.5 times) of its net worth of our subsidiaries in mainland China. PRC Laws
currently permit the payment of dividends only out of accumulated profits, as determined in accordance with PRC accounting standards and
PRC Laws, after set aside, at a minimum, 10% of their net income after taxes, based on PRC accounting standards, each year as statutory
surplus reserves until the cumulative amount of such reserves reaches 50% of their registered capital, such reserves may not be distributed
as cash dividends. PRC Laws and regulations allow an offshore holding company to provide funding to mainland China subsidiaries only through
loans or capital contributions, subject to the filing or approval of government authorities and limits on the amount of capital contributions
and loans.

Able View’s PRC Operating Entities (as defined
below) face various legal and operational risks and uncertainties related to doing business in China. For Example, Able View’s PRC
Operating Entities face risks associated with regulatory approvals on offshore offerings, anti-monopoly regulatory actions, and oversight
on cybersecurity and data privacy. These risks could result in a material adverse change in Able View’s business operations and
the value of Able View Class B Ordinary Shares, significantly limit or hinder Able View’s ability to offer or continue to offer
securities to investors, or cause such securities to significantly decline in value or become worthless. For a