v3.26.1
Share-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2025
Share-Based Compensation [Abstract]  
Schedule of Share Options Activity

The following table sets forth the share options activity for the year ended December 31, 2025:

 

    Number of
shares
    Weighted
average
exercise price
    Weighted
average
remaining
contractual
years
    Aggregate
intrinsic
value
 
          US$              
Outstanding at December 31, 2024     618,498,590       0.01       3.48       63,779  
Granted     6,362,000       0.01                  
Forfeited     1,769,740       0.01                  
Outstanding at December 31, 2025     623,090,850       0.01       9.93       71,675  
Schedule of Fair value Option is Estimated

The fair value of the options is estimated on the dates of grant using the binomial option pricing model with the following key assumptions used:

 

    As of
December 31,
2023
 
Risk-free rate of return (per annum)     4.75% – 5.93%  
Volatility     54.5% – 54.7%  
Expected dividend yield      
Exercise multiple     2.2  
Fair value of underlying ordinary share     US$0.11  
Expected Term     10 years  
    As of
December 31,
2025
 
Risk-free rate of return (per annum)     4.13%  
Volatility     82%  
Expected dividend yield      
Exercise multiple     1.0  
Fair value of underlying ordinary share     US$1.28  
Expected Term     10 years