Company: FVN
Filing Date: 2025-03-10
Form Type: DRS/A
Source: 0001829126-25-001610
Chunk: 261

Company: Future Vision II Acquisition Corp.
Filing Date: 2025-03-10
Form: DRS/A
Chunk 261
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Kong. New VIWO will conduct, its business in mainland China and Hong Kong primarily through its subsidiaries. Its operations in mainland
China are governed by laws and regulations of mainland China. Many aspects of VIWO’s business depend on obtaining and maintaining
licenses, approvals, permits or qualifications from PRC regulators. Obtaining such approvals, licenses, permits or qualifications depends
on VIWO’s or New VIWO’s compliance with regulatory requirements, as applicable. PRC regulatory authorities also have relatively
broad discretion to grant, renew and revoke licenses and approvals and to implement laws and regulations. Based on the legal advice of
our PRC legal counsel and the PRC laws and regulations currently in effect, and subject to different interpretations of these laws and
regulations that may be adopted by PRC authorities, as of the date of this proxy statement/prospectus, VIWO’s PRC subsidiaries
have each obtained their respective PRC Business License. The PRC Business License is a fundamental license that legally authorizes the
license holding entity to conduct business activities within the scope defined in the license. It specifies the nature of the business,
the industries it can operate in, and serves as the basic proof of the company’s legal existence and operation rights in the mainland
Chinese market. As of the date of this proxy statement/prospectus, other than each Business License, PRC subsidiaries of VIWO are not
required to obtain any other license or permits issued by relevant governmental agencies or authorities within the course of their business.
VIWO’s Hong Kong subsidiaries are each duly incorporated under the laws of Hong Kong and each possess a Business Registration Certificate
issued pursuant to the Hong Kong Business Registration Ordinance (Chapter 310) and Business Registration Regulations.

In the People’s
Republic of China (PRC), the legal and operational risks for VIWO and VIWO Inc. (New VIWO) are not limited to mainland China but also
extend to Hong Kong and Macau. Hong Kong and Macao each have their own legal systems. While they are part of the PRC, their legal framework
for business operations differs from that of mainland China. Pursuant to the Basic Law of the Hong Kong Special Administrative Region
(the “Basic Law”), which is a national law of the PRC and the constitutional document for Hong Kong, national laws of the
PRC shall not be applied in Hong Kong except for those listed in Annex III of the Basic Law (which is confined to laws relating to defense
and foreign affairs, as well