Company: FVN
Filing Date: 2025-01-07
Form Type: DRS/A
Source: 0001829126-25-000092
Chunk: 268

Company: Future Vision II Acquisition Corp.
Filing Date: 2025-01-07
Form: DRS/A
Chunk 268
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 management, are likely to have a material adverse effect on our business, financial condition, or results of operations.

<div align='center'>174</div>

<div align='center'>MANAGEMENT’S DISCUSSION AND ANALYSIS OF
FINANCIAL CONDITION AND RESULTS OF OPERATIONS OF VIWO

FOR THE YEARS ENDED SEPTEMBER 30, 2023 AND 2024</div>

You should read the following discussion and analysis of our financial condition and results of operations in conjunction with our consolidated financial statements and the related notes included elsewhere in this proxy statement/prospectus. This discussion contains forward-looking statements that involve risks and uncertainties about our business and operations. Our actual results and the timing of selected events may differ materially from those anticipated in these forward-looking statements as a result of various factors, including those we describe under “Risk Factors” and elsewhere in this proxy statement/prospectus. Unless the context otherwise requires, references in this section to “we”, “us”, “our”, “Company” and similar first-person references are intended to mean the business and operations of VIWO and its consolidated subsidiaries taken as a whole prior to the Business Combination.

Overview

VIWO is a holding company with no business operation. Through our wholly owned subsidiary Beijing Viwotong Technology Co., Ltd and its subsidiaries, we engage in Intelligent digital technology services in China. It is a holding company, is a professional Intelligent digital technology provider, through its subsidiaries, mainly engaged in Intelligent digital technology services in Mainland China and Hong Kong.

On November 28, 2024, we entered into a Merger Agreement with Future Vision and the Merger Sub. Upon the consummation of the Business Combination, we will be a wholly owned subsidiary of Future Vision and Future Vision’s name will be changed to “VIWO Inc”.

For the year ended September 30, 2024, our revenue was RMB 328.6 million (USD 46.9 million), an increase of RMB 52.0 million or 18.8% from the RMB 276.6 million for the year ended September 30, 2023. The revenue mainly comes from AI+Martech services and AI+software development services.

For the year ended September 30, 2024, our gross profit was RMB 94.8 million (USD 13.5 million), an increase of RMB 6.3 million or 7.2% from the RMB 88.4 million for the year ended September