Company: FVN
Filing Date: 2025-03-27
Form Type: DRS/A
Source: 0001829126-25-002094
Chunk: 279

Company: Future Vision II Acquisition Corp.
Filing Date: 2025-03-27
Form: DRS/A
Chunk 279
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The quantitative
information on the number of customers, the number of new customers, the number of major customers and the average revenue per
customer provides VIWO with information to regularly assess revenue growth and revenue concentration, in order to evaluate trends
that may be relevant to investors. This information also provides investors with insights into how VIWO measures and monitors its
performance.

The management team of
VIWO takes the number of customers, the number of new customers and the number of major customers as indicators of VIWO’s
overall business growth. The increase in new customers indicates the effectiveness of VIWO’s business expansion and reflects
VIWO’s business growth potential.

VIWO’s ability to acquire more customers and increase the average revenue per customer will depend on the development of the intelligent digital technology service market and its continuous improvement of the quality and capabilities of its intelligent digital technology algorithm services, enabling VIWO to provide better services to customers.

Investment in Technology and Talent

VIWO invests a large
amount of capital and energy in researching and developing business intelligence digital technology use cases and product solutions to
maintain its competitiveness in the computer and internet industries. In order to retain existing customers and attract potential customers,
VIWO must continuously innovate to keep up with the development of the industry and VIWO’s business and introduce new cutting -
edge technologies. VIWO’s current R & D efforts mainly focus on enhancing its business intelligence technology, image processing
technology, and application solutions to create new services and products. As of September 30, 2023, and September 30, 2024, VIWO invested
approximately RMB 78.4 million and RMB 65.4 million (USD 9.3 million) in R&D respectively. In addition, in 2023, VIWO applied for
5 patents and 15 software copyrights, and in 2024, it applied for 25 software copyrights.

Market demand and competition

Our financial performance largely depends on the demand in the Business intelligence digital technology markets. The changes in market demand depend on the interaction of various factors, including the global economic climate and China’s social, economic, and market conditions.

The competition in China’s streaming media and advertising industry is very fierce. Although we are a leader in the Chinese industry, especially in the Business intelligence digital technology services market, we may face competition from existing competitors or market newcomers who may be able to provide higher quality services at lower prices. If we are unable to maintain or enhance our competitiveness in