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The Group’s assets pledged as
collateral are as follows:
| | | Book value | | | | | Pledged assets | | December 31,
2024 | | | December 31,
2023 | | | Purpose | | Time deposits (shown as ‘Restricted deposits’) | | $ | 15,773,099 | | | $ | 41,470,915 | | | Performance guarantee deposit, and short-term borrowings. | | Land | | | 11,901,824 | | | | 12,737,302 | | | Long-term and short-term borrowings | | Buildings and structures | | | 2,164,594 | | | | 2,337,801 | | | Long-term and short-term borrowings | | | | $ | 29,839,517 | | | $ | 56,546,018 | | | |
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