v3.25.2
Share-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2025
Share-Based Compensation [Abstract]  
Schedule of Stock Options Activities

The following table sets forth the stock options activities for the six months ended June 30, 2024 and 2025:

 

   Number of shares*   Weighted average exercise price   Weighted average remaining contractual term
(in years)
   Weighted average grant date fair value 
       US$       US$ 
Outstanding as of December 31, 2023   731    0.009    1.85    46,800.00 
-Exercised   (6)   0.009         
-Forfeited   (1)   0.009         
Outstanding as of June 30, 2024   724    0.009    1.54    46,800.00 
Exercisable as of June 30, 2024   722    0.009    1.53    46,800.00 
                     
Outstanding as of December 31, 2024   724    0.009    1.21    46,395.04 
Outstanding as of June 30, 2025   724    0.009    0.89    46,394.99 
Exercisable as of June 30, 2025   724    0.009    0.89    46,394.99 

 

*Retrospectively restated to reflect the Share Consolidation.
Schedule of Fair value Assumptions

Options granted to Grantees were measured at fair value on the dates of grant using the Binomial Option Pricing Model with the following assumptions:

 

   2019   2021 
Expected volatility   60%   48.56%
Risk-free interest rate (per annum)   2.8%   1.25%
Exercise multiple   2.2%   2.2%
Expected dividend yield   0%   0%
Contractual term (in years)   5    5