v3.26.3
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%