v3.26.1
Significant Risks and Uncertainties (Tables)
12 Months Ended
Dec. 31, 2025
Significant Risks and Uncertainties [Abstract]  
Schedule of Concentration of Customers and Suppliers

The following customers represent more than 10% of the Group’s total revenues for the years ended December 31, 2023, 2024 and 2025:

 

   For the years ended December 31, 
   2023   2024   2025 
Percentage of the Group’s revenue from            
Customer A   *    *    11.2%

 

*Represents percentage less than 10%

 

The following customers represent more than 10% of the Group’s total accounts receivable as of December 31, 2024 and 2025:

 

   As of December 31, 
   2024   2025 
Percentage of the Group’s accounts receivable from        
Customer B   *    35.1%
Customer A   65.2%   16.5%
Customer C   15.9%   15.9%
Customer D   11.9%   * 

 

*Represents percentage less than 10%

The following customers represent more than 10% of the Group’s total advances from customers as of December 31, 2024 and 2025:

 

   As of December 31, 
   2024   2025 
Percentage of the Group’s advances from        
Customer D   70.6%   * 
           

 

*Represents percentage less than 10%

The following suppliers represent more than 10% of the Group’s accounts payable as of December 31, 2024 and 2025:

 

   As of December 31, 
   2024   2025 
Percentage of the Group’s accounts payable to        
Supplier A   55.5%   * 
Supplier B   *    11.5%

 

*Represents percentage less than 10%

 

The following suppliers represent more than 10% of the Group’s advance to suppliers as of December 31, 2024 and 2025:

 

    As of December 31,  
    2024     2025  
Percentage of the Group’s advances to            
Supplier C     93.5 %     *  
                 

 

*Represents percentage less than 10%