Able View Global Inc.

The company is a comprehensive brand management partner for international beauty and personal care brands in China. It assists global brands in entering, growing, and succeeding in the Chinese market by offering services across the brand management value chain. These capabilities include strategy, branding, digital and social marketing, omni-channel sales, customer service, overseas logistics, warehouse, and fulfillment. The company generates revenue primarily from selling products sourced from its brand partners. It resells these products to consumers in China, factoring any related service costs into its overall budget. Products are sold through three channels: online marketplaces, distributors, and directly to end consumers via company-operated e-commerce stores. Additionally, the company earns revenue by providing operation services for customer-owned online stores, which encompass marketing and promotion of cosmetics products, warehouse management, product logistics, and customer relationship services. For the years ended December 31, 2025, 2024, and 2023, net revenue from product sales from continuing operations was $96.6 million, $122.0 million, and $124.7 million, respectively. Revenue from the provision of operation services from continuing operations was $8.6 million, $4.8 million, and $4.5 million for the years ended December 31, 2025, 2024, and 2023, respectively. The company incurred a net loss from continuing operations of $2.8 million and $1.1 million for the years ended December 31, 2025 and 2024, respectively, and generated net income of $9.4 million from continuing operations for the year ended December 31, 2023. On June 27, 2025, the company transferred 100% equity interest in Shanghai Jingyue Trading Co., Ltd. to a third party at zero consideration as part of a strategic decision to streamline operations and reallocate resources to its core brand management business.