The income tax provision consists of the following components:

SCHEDULE OF INCOME TAX PROVISION

	2025		2026
	For the six months ended June 30,
	2025		2026
	US$		US$
Current income expenses		-		-
Deferred income tax benefits		-		(267,552	)
Total income tax benefits		-		(267,552	)

The income tax provision consists of the following components:

SCHEDULE OF INCOME TAX PROVISION

	2024		2025
	For the years ended December 31,
	2024		2025
	US$		US$
Current income expenses		-		-
Deferred income tax benefits		-		(111,949	)
Total income tax benefits		-		(111,949	)

SCHEDULE OF DEFERRED TAX ASSETS

As of December 31, 2025 and June 30, 2026, the significant components of the deferred tax assets were summarized below:

SCHEDULE OF DEFERRED TAX ASSETS

	December 31, 2025			June 30, 2026
	As of
	December 31, 2025			June 30, 2026
	US$			US$
Deferred tax assets:
Net operating loss carried forward		909,301			1,061,669
Provision for credit loss		15,876			15,757
Deferred tax assets, gross		925,177			1,077,426
Less: valuation allowance		(62,082	)		(220,792	)
Deferred tax assets, net of valuation allowance		863,095			856,634
Net off against deferred tax liabilities		(863,095	)		(856,634	)
Net deferred tax assets		-			-

Deferred tax liabilities:
Depreciation of property and equipment		(23,081	)		(15,293	)
Intangible assets acquired from business combination ⁽¹⁾		(2,505,050	)		(2,226,965	)
Deferred tax liabilities		(2,528,131	)		(2,242,258	)
Net off against deferred tax assets		863,095			856,634
Net deferred tax liabilities		(1,665,036	)		(1,385,624	)

(1)

The Group initial recognized US$2,642,124 of deferred tax liability from business combination (Note 3 - Acquisitions included in the Company’s financial statements for the fiscal year ended December 31, 2025) and reversed US$111,950 and US$259,920 due to amortization of related intangible assets for the period from the acquisition dates to December 31, 2025 and for the six months ended June 30, 2026, respectively.

As of December 31, 2024 and 2025, the significant components of the deferred tax assets were summarized below:

SCHEDULE OF DEFERRED TAX ASSETS

	2024		2025
	As of December 31,
	2024		2025
	US$		US$
Deferred tax assets:
Net operating loss carried forward		-		909,301
Provision for credit loss		-		15,876
Deferred tax assets, gross		-		925,177
Less: valuation allowance		-		(62,082	)
Deferred tax assets, net of valuation allowance		-		863,095
Net off against deferred tax liabilities		-		(863,095	)
Net deferred tax assets		-		-

Deferred tax liabilities:
Depreciation of property and equipment		-		(23,081	)
Intangible assets acquired from business combination ⁽¹⁾		-		(2,505,050	)
Deferred tax liabilities		-		(2,528,131	)
Net off against deferred tax assets		-		863,095
Net deferred tax liabilities		-		(1,665,036	)

(1)

The Group initial recognized US$2,642,124 of deferred tax liability from business combination (Note 3) and reversed US$111,950 due to amortization of related intangible assets for the period from the acquisition dates to December 31, 2025.