Prepayment and Other Current Assets |
6 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Jun. 30, 2025 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Prepayment and Other Current Assets [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
PREPAYMENT AND OTHER CURRENT ASSETS | 4. PREPAYMENT AND OTHER CURRENT ASSETS
As of June 30, 2025 and December 31, 2024, prepayment and other current and non-current assets consisted of the following:
For the six months ended June 30, 2025 and 2024, the Company did not provide allowance against the advances to vendors. As of June 30, 2024, the balance of allowance of expected credit losses increased, which was caused by foreign exchange adjustment. |