Company: ABLV
Filing Date: 2025-04-23
Form Type: 20-F
Source: 0001213900-25-034677
Chunk: 94

Company: Able View Global Inc.
Filing Date: 2025-04-23
Form: 20-F
Item: Item 4
Chunk 94
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 unsold inventories
to the brand companies. Able View manages its inventory risks through strict brand and product screening and evaluation procedures, as
well as standard inventory management techniques.

The following chart illustrates the overall business
model of Able View:

The following flowchart illustrates Able View’s
capabilities for its managed brand throughout the brand management value chain:

To-Customer and To-Business Product Categories

Able View enters into contractual arrangements
with brand companies, some of which are exclusive arrangements, to sell their cross-border products in the China market. China’s
cross-border products broadly divide into two categories: to-C (to-Customer) and to-B (to-Business).

Able View sells both to-C cross-border products
and to-B cross-border products. For brand owners who has ambition to explore the China market without established local facility or teams
in China, to-C cross-border is the first choice to gradually develop the brand and gain market exposure as well as a base volume of sales
with the help of brand managers such as Able View. When the brand is proven to be popular with consumers, the brand company can decide
to adopt the to-B cross-border mode and bear the fixed costs of regulation and compliance as well as the inventory risk of bulk local
storage.

For the years ended December 31, 2024, 2023
and 2022, 82%, 81%, and 73% of Able View’s sales comes from to-C cross border products, respectively. The Company believes the operation
and existing sales volume of some of the brands it manages have reached sufficient scale and stability for to-B cross-border mode. The
Company has elevated several products from brand company Cure into to-B cross-border mode. For these products Able View has initiated
compliance process with China National Medical Products Administration, or NMPA.

Focus Categories and Brand Groups

After seven years of operation, Able View
has accumulated resources, industrial knowledge and domain know-how in the beauty and personal care segments. According to the iResearch
Report, consumers in China are particularly interested in functional products. Functional products include dermo-cosmetics (skincare products
designed for people with skin problems such as dry skin) and functional personal care (personal care products including functional ingredients,
such as OTC drugs and supplements). The functional products in China market outperform overall skincare market in terms of GMV growth,
according to the iResearch Report. Able View believes it enjoys a first mover advantage in the quick growth of the functional