Successor

As of
March 31,
2026

As of
March 31,
2025

US$’000

Raw Materials

11,705

11,834

Work-in-progress

968

2,782

Finished goods

6,223

20,445

Less: Allowance for inventories obsolescence

(1,741

)

(2,515

)

Total inventories, net

17,155

32,546