v3.26.3
Significant Risk (Tables)
12 Months Ended
Dec. 31, 2025
Risks and Uncertainties [Abstract]  
Schedule of Percentage of the Group Total Revenue

The customer which individually represented greater than 10% of the total revenues of the Group for the years ended December 31, 2024 and 2025 was as follows:

 

   For the years ended December 31, 
   2024   2025 
Percentage of the Group’s total revenue          
KLN Group   -*    44.5%

 

*represents percentage less than 10%.
Schedule Group’s Accounts Receivable

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

 

   2024   2025 
   As of December 31, 
   2024   2025 
Percentage of the Group’s accounts receivable (1)          
Customer A  -*    61.5%

 

*represents percentage less than 10%.

 

(1)Accounts receivable, for the purposes of this concentration of credit risk disclosure, include receivables from third parties and receivables from logistics services provided to related parties. Refer to Note 16 - Related Party Transactions for additional details.