Company: FVN
Filing Date: 2025-05-30
Form Type: S-4/A
Source: 0001829126-25-004067
Chunk: 280

Company: Future Vision II Acquisition Corp.
Filing Date: 2025-05-30
Form: S-4/A
Chunk 280
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 Martech              
 services             |     |                                  | 55,701,151 |     |         |  81.1 | % |     |      | 45,584,686 |     |         |  56.4 | % |     |          | (10,116,465 | ) |     |   | (18.2 | )% |
| Software             
 development services |     |                                  | 12,972,614 |     |         |  18.9 | % |     |      | 35,176,418 |     |         |  43.6 | % |     |          |  22,203,804 |   |     |   | 171.2 | %  |
| Total                
 operating revenue    |     |                                  | 68,673,765 |     |         | 100.0 | % |     |      | 80,761,104 |     |         | 100.0 | % |     |          |  12,087,339 |   |     |   |  17.6 | %  |

Our revenue increased by RMB 12.1 million or 17.6%, from RMB 68.7 million for the three months ended March 31, 2024 to RMB 80.8 million for the three months ended March 31, 2025, primarily because of we have expanded our market share and increased Software development services for enterprise customers. The Martech services revenue for the three months ended March 31, 2025 was RMB 45.6 million (USD 6.4 million), a decrease of RMB 10.1 million or 18.2% from the RMB 55.7 million for the three months ended March 31, 2024, mainly due to the uncertain global economy and our strategic adjustment. Many enterprises prioritized cutting their digital marketing budgets during periods of uncertain global economy, which results in a decline in customer demand. Moreover, in order to optimize the business structure, we actively adjusted our customer base, reducing our reliance on some low-quality customers and focusing on high-value customers, which has led to the decline in the revenue of the Martech. The Software development services revenue for the three months ended March 31, 2025 was RMB 35.2 million (USD 4.9 million), an increase of RMB 22.2 million or 171.2%