v3.26.3
SIGNIFICANT RISK (Tables)
6 Months Ended 12 Months Ended
Jun. 30, 2026
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 six months ended June 30, 2025 and 2026 was as follows:

 

   For the six months ended June 30, 
   2025   2026 
Percentage of the Group’s total revenue          
KLN Group   -*    41.2%

 

* represents percentage less than 10%.

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 OF GROUP’S ACCOUNTS RECEIVABLES

The following customers represent more than 10% of the Group’s accounts receivable as of December 31, 2025 and June 30, 2026:

 

   As of 
   December 31, 2025   June 30, 2026 
Percentage of the Group’s accounts receivable (1)          
Customer A   61.5%   44.2%

 

(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 14 - Related Party Transactions for additional details.

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.