Company: FVN
Filing Date: 2025-03-27
Form Type: DRS/A
Source: 0001829126-25-002094
Chunk: 546

Company: Future Vision II Acquisition Corp.
Filing Date: 2025-03-27
Form: DRS/A
Chunk 546
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 plans were RMB 828,097 and
RMB 1,180,558 (USD 168,473) for the years ended September 30, 2023 and 2024, respectively.

Pursuant to the laws applicable
to the PRC, PRC entities must make appropriations from after-tax profit to the non-distributable “statutory surplus reserve fund”.
Subject to certain cumulative limits, the “statutory surplus reserve fund” requires annual appropriations of 10% of after-tax
profit until the aggregated appropriations reach 50% of the registered capital (as determined under accounting principles generally accepted
in the PRC (“PRC GAAP”) at each year-end). For foreign invested enterprises and joint ventures in the PRC, annual appropriations
should be made to the “reserve fund”. For foreign invested enterprises, the annual appropriation for the “reserve fund”
cannot be less than 10% of after-tax profits until the aggregated appropriations reach 50% of the registered capital (as determined under
PRC GAAP at each year-end). If the Company has accumulated loss from prior periods, the Company is able to use the current period net
income after tax to offset against the accumulate loss.

<div align='center'>F-34</div>

FASB ASC 280, Segment Reporting,
establishes standards for reporting information about operating segments on a basis consistent with the Company’s internal organizational
structure as well as information about geographical areas, business segments and major customers in financial statements for details
on the Company’s business segments.

The Company uses the management
approach to determine reportable operating segments. The management approach considers the internal organization and reporting used by
the Company’s chief operating decision maker (“CODM”) for making decisions, allocating resources and assessing performance.
The Company’s CODM has been identified as the CEO, who reviews consolidated results when making decisions about allocating resources
and assessing performance of the Company.

Based on management’s
assessment, the Company determined that it has two operating segments and therefore two reportable segments as defined by ASC 280, which
are Martech Services and Software development services. All the Company’s net revenues were generated in the PRC and Hong Kong.

A discontinued operation may
include a component of an entity or a group of components of an entity, or a business or nonprofit activity. A disposal of a component
of an entity or a group of components of an entity is required to be reported in discontinued operation if the disposal represents a
strategic shift that