Recent developments include a $4 million capital raise to support market growth and a partnership with TikTok KOLs to enhance distribution channels in the beauty and personal care market.

• Able View Global secured $4 million in funding to boost market growth as reported in April 2026 [N1].
• The company partnered with TikTok KOLs to enhance distribution channels in the beauty and personal care market as of July 2025 [N2].

Able View's established market share and comprehensive brand management capabilities position it well to capitalize on the growing demand for international beauty and personal care products in China. Its omni-channel sales network and partnerships with influential social media KOLs enhance brand exposure and consumer reach. The company's strategic investments in data analytics and digital management systems may improve operational efficiency and decision-making. Expansion into to-B cross-border sales and selective acquisitions could diversify revenue streams and strengthen its brand portfolio.

The company operates in a complex and rapidly evolving Chinese market with diverse sales channels and stringent regulatory requirements, which may pose operational challenges. Inventory risk is inherent as Able View owns the products it sells and generally cannot return unsold inventory. The company's revenue declined from prior years, and it reported a modest net income in 2025 after prior losses, indicating potential volatility in profitability. Dependence on a limited number of brand partners, with one contributing over 10% of revenue, may expose the company to concentration risk. Macroeconomic or regulatory changes in China could adversely affect business performance.

Able View's competitive strengths include its leading market position in China's cross-border beauty and personal care brand management, comprehensive omni-channel distribution capabilities, and strong relationships with category-leading global brand owners. The company's deep local market expertise, extensive sales channel network covering online marketplaces, social e-commerce platforms, and offline retail, combined with its data-driven brand management approach, create barriers to entry for competitors. Its ability to manage complex regulatory and consumer dynamics in China, along with a motivated and experienced management team, further supports its competitive moat.

• Market Complexity and Regulatory Environment: China's beauty and personal care market is highly fragmented with diverse sales channels and evolving regulations, requiring continuous adaptation and local expertise.
• Inventory Risk: Able View owns inventory purchased from brand partners and generally cannot return unsold products, exposing it to inventory obsolescence and write-down risks.
• Customer Concentration: One brand partner accounted for over 10% of revenue in 2025, indicating potential revenue concentration risk.
• Profitability Volatility: The company experienced revenue declines and fluctuating net income in recent years, reflecting potential volatility in financial performance.
• Geopolitical and Economic Risks: Operating primarily in China and Hong Kong exposes the company to political, economic, and currency risks that could impact operations and financial results.

• Able View Global Inc. is incorporated in the Cayman Islands and operates primarily in China, focusing on brand management for international beauty and personal care brands in China.
• The company holds a significant market share in China: 16.5% in beauty and personal care cross-border brand management and 38.1% in functional beauty and personal care brand management as of 2022, measured by gross merchandise value (GMV).
• Able View's business model involves purchasing products from global brand owners (regarded as suppliers) and selling these products to Chinese consumers through multiple channels including online e-commerce stores, offline counters, distributors, and various online and offline marketplaces.
• The company provides comprehensive brand management services covering strategy, branding, digital and social marketing, omni-channel sales, customer service, overseas logistics, warehouse, and fulfillment.
• Able View's omni-channel sales channels include major horizontal online marketplaces (e.g., Tmall.com, JD.com), vertical marketplaces (e.g., Ali Health, Vipshop), social e-commerce platforms (e.g., Douyin, Kuaishou, Xiaohongshu, WeChat), and offline retail networks including shopping mall counters and beauty chain stores.
• The company manages inventory risk by owning inventory and employing strict brand and product screening and inventory management techniques.
• Able View's brand portfolio includes well-known international brands such as Clarins and PAT, focusing mainly on skin care and personal care, especially functional products like dermo-cosmetics and OTC drugs and supplements.
• Revenue is generated primarily from product sales and provision of operation services for online stores owned by cosmetics brands.
• For the fiscal year ended December 31, 2025, Able View reported total revenue of approximately $105.2 million, with $96.6 million from product sales and $8.6 million from operation services.
• The company reported a net income of $820,018 for the year ended December 31, 2025, with basic and diluted EPS of $0.02.
• Liquidity as of December 31, 2025 included cash and cash equivalents of approximately $9.0 million, current assets of $32.1 million, current liabilities of $19.8 million, resulting in a current ratio of 1.62 and a cash ratio of 0.46.
• Able View completed a business combination in August 2023, becoming the parent company of HMAC and Target, which are wholly owned subsidiaries.
• The company has a management team with extensive experience averaging over a decade in e-commerce, retail, branding, media, and finance.
• Able View is actively expanding its brand portfolio, distribution channels, and investing in data analytics and digital management systems to improve operational efficiency and market reach.
• The company is transitioning some products from to-C (to-customer) cross-border sales to to-B (to-business) cross-border sales to leverage regulatory approvals and scale.
• Able View secured $4 million in funding to support market growth as reported in April 2026.
• The company has partnered with TikTok KOLs to enhance distribution channels in the beauty and personal care market as of July 2025.
• Able View disposed of a subsidiary, Shanghai Jingyue, in June 2025 as part of a strategic focus on core brand management business.
• The company faces complexity in the Chinese market due to diverse sales channels, evolving consumer preferences, and regulatory environment, which it manages through local expertise and data-driven strategies.