Income tax (Tables)

12 Months Ended

Dec. 31, 2025

Schedule of current and deferred portions of income tax (expense)/credit included in the consolidated statements of comprehensive loss


		For the years ended December 31,
		2023		2024		2025
Current income tax expenses		—		—		(13)
Deferred tax credit		—		—		1,080
Income tax credit		—		—		1,067

Schedule of reconciliation between tax expense and the product of accounting loss multiplied by the applicable corporate tax rate


		For the years ended December 31,
		2023		2024		2025
(Loss)/profit before income tax		(13,536)		(23,273)		3,598

Tax calculated at a tax rate of 17%		(2,301)		(3,956)		612
Effects of different tax rates applicable to different subsidiaries of the Group		—		158		892
Income not subject to tax		(1,544)		(36)		(1,292)
Non—deductible expenses		3,182		3,430		921
Over—provision in prior years		—		—		(87)
Temporary difference not recognized		663		404		(1,757)
Utilization of previously unrecognized tax losses		—		—		(356)
		—		—		(1,067)

Schedule of deferred income tax assets


		Tax loss		Total
At January 1, 2024, December 31, 2024 and January 1, 2025		—		—
Credited to consolidated income statements		7		7
At December 31, 2025		7		7

Schedule of deferred income tax liabilities


		Undistributed
		earnings		Others		Total
At January 1, 2024, December 31, 2024 and January 1, 2025		—		—		—
Business combination – merger transaction (Note 5.1)		1,050		27		1,077
Credited to consolidated income statements		(1,046)		(27)		(1,073)
Currency translation differences		(4)		—		(4)
At December 31, 2025		—		—		—