v3.26.1
Taxation (Tables)
6 Months Ended
Jun. 30, 2026
Taxation [Abstract]  
Schedule of Reconciliation Statutory Income Tax Rate

The following table sets forth reconciliation between the statutory income tax rate and the effective tax rates:  

 

   For the six months ended
June 30,
 
   2026   2025 
   (Unaudited)   (Unaudited) 
Statutory income tax rate in PRC   25.0%   25.0%
Tax effect of non-deductible items   (0.2)%   (0.3)%
Tax effect of fair value change of derivative warrant liability   
-
    1.6%
Tax effect of fair value change of convertible notes   (1.2)%   
-
 
Tax effect of share-based compensation   (19.0)%   
-
 
Tax effect of income tax rate differences in jurisdictions other than the PRC   (4.5)%   (22.7)%
Change in valuation allowance   (0.2)%   (3.6)%
Effective tax rate   (0.10)%   
-