Company: ABLV
Filing Date: 2025-04-23
Form Type: 20-F
Source: 0001213900-25-034677
Chunk: 1

Company: Able View Global Inc.
Filing Date: 2025-04-23
Form: 20-F
Item: Item 3
Chunk 1
---
 businesses, accept foreign investments, or list and conduct offerings on a stock exchange in the United States or any
other foreign country. Such risks could result in a material adverse change in our operations and the value of our ordinary shares, significantly
limit or completely hinder our ability to offer securities to investors, or cause the value of such securities to significantly decline
or become worthless. For a detailed description of risks related to doing business in China, please refer to “ Item 3. Key Information - D.
Risk Factors - Risks Related to Doing Business in the People’s Republic of China.”

The PRC government’s significant authority
in regulating our operations and its oversight and control over offerings conducted overseas by, and foreign investment in, China-based
issuers could significantly limit or completely hinder our ability to offer or continue to offer securities to investors. The implementation
of industry-wide regulations in areas such as data security or anti-monopoly could lead to a significant decline in the value of our securities.
For more details, see “ Item 3. Key Information - D. Risk Factors - Risks Related to Doing Business in the People’s
Republic of China.”

Risks and uncertainties regarding the interpretation
and enforcement of laws, as well as quickly evolving rules and regulations in China, could result in a material adverse change in our
operations and the value of our ordinary shares. For more details, see “ Item 3. Key Information - D. Risk Factors - Risks
Related to Doing Business in the People’s Republic of China.”

Recent Regulatory
Development

Cybersecurity Review
Measures

On December 28, 2021,
the Cyberspace Administration of China (the “ CAC”) and several other regulatory authorities in China jointly promulgated the
Cybersecurity Review Measures, which came into effect on February 15, 2022. Pursuant to the Cybersecurity Review Measures, (i) the purchase
of network products and services by “critical information infrastructure operator” (the “ CIIO”) and the data processing
activities of a network platform operator that affect or may affect national security are subject to the cybersecurity review; (ii) an
application for cybersecurity review should be made by the internet platform operator holding personal information of more than one million
users before such internet platform operator lists its securities in a foreign country; and (iii) relevant governmental authorities in
the PRC may initiate cybersecurity review if they determine an operator’s network products or services or data processing activities
affect or may affect national security.