Company: FVN
Filing Date: 2025-03-27
Form Type: DRS/A
Source: 0001829126-25-002094
Chunk: 555

Company: Future Vision II Acquisition Corp.
Filing Date: 2025-03-27
Form: DRS/A
Chunk 555
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2024 and does not anticipate any significant increases or decreases in unrecognized tax benefits
in the next 12 months from September 30, 2024.

Revenue represents the invoiced
value of service, net of VAT or GST. The VAT and GST are based on gross sales price and VAT rates range up to 13% in China, depending
on the type of service provided or product sold.

Taxes payable consisted of the
following:

|                      |     | September 30, |         |     | September 30, |           |     | September 30, |         |
|                      |     |          2023 |         |     |          2024 |           |     |          2024 |         |
|                      |     |           RMB |         |     |           RMB |           |     |           USD |         |
| VAT taxes payable    |     |               | 194,618 |     |               |    75,383 |     |               |  10,758 |
| Income taxes payable |     |               | 187,467 |     |               | 3,476,874 |     |               | 496,172 |
| Other taxes          
 payable              |     |               |   3,358 |     |               |     4,151 |     |               |     592 |
| Totals               |     |               | 385,443 |     |               | 3,556,408 |     |               | 507,522 |

<div align='center'>F-41</div>

Note 11 — Concentration of risk

Financial instruments that potentially
subject the Company to significant concentrations of credit risk consist primarily of cash. In China, the insurance coverage of each
bank is RMB 500,000 (approximately USD 70,000). As of September 30, 2024, cash with short-term investment balance of RMB 63,772,200
(USD 9,100,694) was deposited with financial institutions located in China. The Hong Kong Deposit Protection Board pays compensation
up to a limit of HKD 500,000 (approximately USD 64,000) if the bank with which an individual/a company hold its eligible deposit fails.
As of September 30, 2024, no cash balance was maintained at financial institutions in Hong Kong, of which nil was subject to credit
risk. While management believes that these financial institutions are of high credit quality, it also