Company: FVN
Filing Date: 2025-03-10
Form Type: DRS/A
Source: 0001829126-25-001610
Chunk: 536

Company: Future Vision II Acquisition Corp.
Filing Date: 2025-03-10
Form: DRS/A
Chunk 536
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 30, 2024 are solely for the convenience of the reader and were calculated at the rate of USD 1.00
to RMB 7.0074, representing the mid-point reference rate set by Peoples’ Bank of China on September 30, 2024. No representation
is made that the RMB amounts represent or could have been, or could be, converted, realized or settled into USD at that rate, or at any
other rate.

<div align='center'>F-29</div>

Cash and cash equivalents primarily
consist of bank deposits with original maturities of three months or less, which are unrestricted as to withdrawal and use.

Accounts receivable include
trade accounts due from customers. Accounts are considered overdue after 90 days. Accounts receivable, net are stated at the original
amount less allowances for credit loss. Accounts receivable is recognized in the period when the Company has provided services to its
customers and when its right to consideration is unconditional. The Company reviews the accounts receivable on a periodic basis and makes
general and specific allowances when there is doubt as to the collectability of individual balances.

The Company considers many factors
in assessing the collectability of its receivables, such as the age of the amounts due, the customer’s payment history, credit-worthiness
and other specific circumstances related to the accounts. An allowance for credit loss is recorded in the period in which a loss is determined
to be probable. Accounts receivable balances are written off after all collection efforts have been exhausted.

Advance to suppliers is prepayment
to supplier when purchasing network technology information service fees. Advance payment depends on specific circumstances, including
the industry practice, negotiations with suppliers, security for steady supply of service, and the delivery time of services received
from suppliers after the advance payment. Advance to suppliers is settled when the services are provided and accepted by the Company.

Property and equipment are stated
at cost less accumulated depreciation and impairment if applicable. Depreciation is computed using the straight-line method over the
estimated useful lives of the assets with 5% residual value. The estimated useful lives are as follows:

|                      |     | Useful    
 Life      |
| Office               
 electronic equipment |     | 3         
 years     |
| Vehicles             |     | 3         
 - 4 years |

The cost and related accumulated
depreciation of assets sold or otherwise retired are eliminated from the accounts and any gain or loss is included in the consolidated
statements of income and comprehensive