v3.25.1
Land use rights, net
12 Months Ended
Dec. 31, 2024
Land use rights, net  
Land use rights, net

14.  Land use rights, net

Land use rights consist of the following:

    

December 31, 

2023

    

2024

US$

US$

Gross carrying amount

 

374,447

368,942

Less: accumulated amortization

 

(58,377)

(65,827)

Land use rights, net

 

316,070

303,115

Amortization expense for the years ended December 31, 2022, 2023 and 2024 were US$9,053, US$8,473 and US$8,397, respectively.

The estimated amortization expenses for each of the following five years are as follows:

    

Amortization expense 

of land use rights

US$

2025

 

8,308

2026

 

8,308

2027

 

8,308

2028

8,308

2029

 

8,308