v3.26.1
Accounts and Other Payable
12 Months Ended
Dec. 31, 2025
Accounts and Other Payable [Abstract]  
ACCOUNTS AND OTHER PAYABLE
18. ACCOUNTS AND OTHER PAYABLE

 

Accounts payable are non-interest-bearing and are normally settled on 15 to 60-day terms. Other payable are non-interest-bearing and are normally settled on 30 to 120-day terms.

 

Details of contract liabilities included in accounts and other payable are as follows:

 

   December 31,   December 31,   January 1, 
   2025   2024   2024 
   US$   US$   US$ 
Contract liabilities arising from:            
Internet leads generation and marketing service income   588,250    907,480    1,256,307 
Marketing and events income   45,530    94,837    56,428 
    633,780    1,002,317    1,312,735 

 

Contract liabilities include short-term advances received under the contractual arrangements with customers. The decrease in contract liabilities in 2025 and 2024 was mainly due to the decrease in prepayments received from customers in relation to the provision of internet leads generation and marketing services at the end of the year.