v3.26.3
RELATED PARTY BALANCES AND TRANSACTIONS - Revenue and Prepayments and other current assets (Details) - USD ($)
$ in Thousands
6 Months Ended
Mar. 11, 2024
May 13, 2022
Jun. 30, 2026
Jun. 30, 2025
Dec. 31, 2025
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES          
Receipts in advance     $ 38,530   $ 26,145
Interest income     15,202 $ 13,157  
Proceed from settlement of related party loans     80,251    
Related party          
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES          
Accounts Receivable     59,734   114,126
Receipts in advance     4,354   228
Salary and other expenses paid on behalf of related party     8,859 4,619  
Term of loan   1 year      
Loans to related parties     72,731    
Interest income     11,765 9,317  
Proceed from settlement of related party loans     62,136    
Related party | Salary and other expenses | Prepayments and other current assets          
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES          
Amount receivable from related party included in prepayments and other current assets     25,000   5,764
Related party | Unsecured loan to a related party          
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES          
Total principal amount $ 354,000        
Term of loan 5 years        
Interest rate on loan 6.95%        
Loans to related parties     72,731 0  
Interest income     11,564 9,017  
Interest included in loan receivable     368,564   351,486
Related party | Unsecured short term loans | Prepayments and other current assets          
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES          
Amount receivable from related party included in prepayments and other current assets     4,779   4,706
Related party | Unsecured short term loan to a related party          
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES          
Loans to related parties     81 68  
Related party | pertaining to purchase of vehicles, auto parts and peripheral products | Prepayments and other current assets          
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES          
Amount receivable from related party included in prepayments and other current assets     83,398   83,296
Related party | Provision of services          
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES          
Revenues     231 16,685  
Related party | Sales of goods          
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES          
Revenues     11,767 2,762  
Accounts Receivable     59,734   114,126
Subsidiary | Unsecured loan to a related party          
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES          
Interest income     120 $ 232  
Proceed from settlement of related party loans     $ 18,115    
Interest included in loan receivable         $ 18,052