v3.26.3
Fair Value Measurement (Tables)
6 Months Ended
Jun. 30, 2026
Fair Value Disclosures [Abstract]  
Schedule of Reconciliation from Balances of Recurring Fair Value As Level 3

The tables below reflect the reconciliation from the opening balances to the closing balances for recurring fair value measurements categorized as Level 3 of the fair value hierarchy for the six months ended June 30, 2026:

 

 

 

 

 

For the Six Months Ended June 30, 2026

 

 

 

 

 

 

 

Gain or Losses

 

 

 

 

 

 

 

US$

 

January 1, 2026

 

 

Purchase

 

Included in
Earnings

 

 

Included
in Other
Comprehensive
Loss

 

 

Foreign
Currency
Translation
Adjustment

 

 

June 30, 2026

 

Liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial liability

 

 

63,593

 

 

 

 

(41,217

)

 

 

 

 

 

1,816

 

 

 

24,192

 

Estimated Fair Value Assumptions The fair values of financial liability as of June 30, 2026 are estimated with the following key assumptions:

 

 

June 30,

 

 

2026

 

Risk-free rate of return (per annum)

 

 

4.03

%

Volatility

 

 

62.9

%

Expected dividend yield

 

 

0.00

%

Expected term

 

1.31 years

 

Fair value of the Company’s ordinary shares

 

US$0.0023 per share