Company: ABLV
Filing Date: 2025-04-23
Form Type: 20-F
Source: 0001213900-25-034677
Chunk: 71

Company: Able View Global Inc.
Filing Date: 2025-04-23
Form: 20-F
Item: Item 3
Chunk 71
---
 the mainland
China or pay dividends in foreign currencies to our shareholders, including holders of our ordinary shares and/or ordinary shares. Foreign
exchange transactions under the capital account remain subject to limitations and require approvals from, or registration with, SAFE and
other relevant governmental authorities in mainland China. This could affect our ability to obtain foreign currency through debt or equity
financing for our subsidiaries. To the extent our funds in the business is in mainland China, the funds may not be available to fund operations
or for other use outside of PRC due to interventions in or the imposition of restrictions and limitations on the ability of us or our
subsidiaries by the government in mainland China to transfer cash.

Fluctuations in exchange rates could result
in foreign currency exchange losses and could materially reduce the value of your investment.

The conversion of Renminbi into foreign currencies,
including U. S. dollars, is based on rates set by the PBOC. Renminbi has fluctuated against the U. S. dollars, at times significantly
and unpredictably. The value of the Renminbi against the U. S. dollar and other currencies is affected by, among other things, changes
in political and economic conditions and the foreign exchange policy adopted by the PRC government. We cannot assure you that Renminbi
will not appreciate or depreciate significantly in value against the U. S. dollar in the future. It is difficult to predict how market
forces or PRC or U. S. government policy may impact the exchange rate between Renminbi and U. S. dollar in the future. As Able
View has five mainland China operating subsidiaries, part of our revenues and costs are denominated in Renminbi, any significant revaluation
of Renminbi may materially and adversely affect our cash flows, revenues, earnings and financial position, and the value of, and any dividends
payable on, our ordinary shares and/or ordinary shares in U. S. dollars. For example, to the extent that we need to convert U. S. dollars
we receive from our public offerings into Renminbi for our operations in mainland China, appreciation of Renminbi against U. S. dollar
would have an adverse effect on the amount of Renminbi we receive from the conversion. Conversely, if we decide to convert Renminbi into
U. S. dollars for the purpose of making payments for dividends on our ordinary shares or ordinary shares, or for other business purposes,
appreciation of U. S