Company: FVN
Filing Date: 2025-03-27
Form Type: DRS/A
Source: 0001829126-25-002094
Chunk: 275

Company: Future Vision II Acquisition Corp.
Filing Date: 2025-03-27
Form: DRS/A
Chunk 275
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 protections, we generally control access to and use of our proprietary and other confidential information through the use of internal and external controls. For example, for external controls, we enter into confidentiality agreements or agree to confidentiality clauses with our customers and, for internal controls, we adopt and maintain relevant policies governing the operation and maintenance of our systems and the management of user-generated data.

Competition

There are many other companies working on various aspects/verticals of the Business intelligence digital technology services market. The competitive landscape we face is constantly evolving. In Business intelligence digital technology, we compete with Business intelligence digital technology providers and traditional content producers.

We believe that the main competitive factors in our market are:

| ● | Breadth and breadth of supported use cases;                                                          |
| ● | Ability to customize, configure, integrate, secure, scalability and reliability;                     |
| ● | The quality of technology and research and development capabilities;                                 |
| ● | Ability to innovate and respond quickly to customer needs;                                           |
| ● | Relationships with key players in the Business intelligence digital technology industry value chain; |
| ● | Adequate capital support;                                                                            |
| ● | Platform scalability and ability to integrate with business intelligence systems.                    |

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Employees

As of September 30, 2024, we had 65 full-time employees. As of the date of this prospectus, all of our employees are based in China.

The following table shows the number of employees as of September 30, 2024:

| Function                                    |     | Number of 
 full-time 
 employees |     | % of Total |
| Research and Development                    |     |        36 |     | 55%        |
| Business and Marketing                      |     |        11 |     | 17%        |
| Administrative, Human Resources and Finance |     |        18 |     | 28%        |
| Total                                       |     |        65 |     | 100%       |

Under PRC law, we participate in various employee social security plans that are organized by municipal and provincial governments for our PRC-based full-time employees, including pension, unemployment insurance, childbirth insurance, work-related injury insurance, medical insurance and housing fund. We are required under PRC law to make contributions monthly to employee benefit plans for our PRC-based full-time employees at specified percentages of the salaries, bonuses and certain allowances of such employees, up to a maximum amount specified by the local governments in China.

We enter into labor contracts and