ASSET ACQUISITION (Tables)

6 Months Ended

Jun. 30, 2022

ASSET ACQUISITION

Summary of calculation of the purchase consideration


		Amount
		US$
Fair value of 16,038,930 Class A ordinary shares at acquisition close on May 31, 2022		3,416
Effective settlement of preexisting loans		18,397
Total purchase consideration		21,813

Summary of the estimated fair value of the assets acquired


		Amount		Amortization Years
		US$
Cash		25
Prepayments and other receivables		18,155
Acquired intangible asset		3,633		3.0
Total identifiable assets acquired		21,813
Total purchase consideration		21,813