v3.26.1
WARRANT LIABILITIES (Tables)
6 Months Ended
Jun. 30, 2026
WARRANT LIABILITIES  
Schedule of warrant activity

Weighted Average 

Number of Warrants

Exercise Price

Remaining Life

  ​ ​ ​

  ​ ​ ​

US$per 

  ​ ​ ​

Years

Ordinary Share

Outstanding at December 31, 2025

 

1,000,000

 

4.00

 

2.59

Granted

 

 

 

Exercised

 

 

 

Outstanding at June 30, 2026

 

1,000,000

 

4.00

 

2.10

Exercisable at June 30, 2026

 

1,000,000

 

4.00

 

2.10

Schedule of assumptions used in estimating the fair value of warrant liabilities

  ​ ​ ​

For the year

 

For the six months

 

ended

 

ended

 

December 31, 

 

June 30, 

 

2025

 

2026

 

Risk-free interest rate

 

3.51% - 3.52%

4.14%

Exercise price per ordinary share

 

US$4.00

US$4.00

Expected volatility range

59.60% - 60.05%

67.73% - 68.46%

Term of warrants

 

2.5 - 2.7 years

2.0 - 2.2 years

Dividend yield

 

0%

0%