v3.26.1
Note 8 - Long-term Investment
3 Months Ended
Mar. 31, 2026
Notes to Financial Statements  
Equity Method Investments and Joint Ventures Disclosure [Text Block]
 

8.

Long-term investments

 

   

Amount

 
   

US$(’000)

 
         

Balance as of January 1, 2026

    1,117  

Exchange translation adjustment

    -  

Cash investments during the year

    -  

Disposed during the year

    -  

Impairment losses provided during the year

    -  

Balance as of March 31, 2026 (Unaudited)

    1,117  

 

As of March 31, 2026, except for long-term investments which were fully impaired, the Company beneficially owned a 7.69%, 9.9%, 9.9% equity interest and 19.6% equity interest in each New Business Holdings Limited (“New Business”), Hunan Yong Fu Xiang Health Management Co., Ltd (“Yong Fu Xiang”), Wuhan Ju Liang Media Co., Ltd. (“Wuhan Ju Liang”) and Titans Investment asset Holdings Limited (“Titans”), respectively.

 

The Company measures each investment which does not have readily determinable fair values at cost minus impairment, if any, plus or minus changes resulting from observable price changes in orderly transactions for the identical or a similar investment of the Company.

 

For the three months ended March 31, 2026, the Company provided no impairment loss against its long-term investments.