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Convertible bonds (Tables)
12 Months Ended
Dec. 31, 2025
Short-Term Debt [Line Items]  
Schedule of convertible bonds

 

   2025   2024 
   December 31, 
   2025   2024 
   US$   US$ 
         
Convertible Promissory Note - A   -    1,750,000 
Convertible Promissory Note - B   4,599,488    -  
Net carrying amount   4,599,488    1,750,000 
Less: maturing within one year   -    - 
Mature after one year   4,599,488    1,750,000 
Convertible Note [Member]  
Short-Term Debt [Line Items]  
Schedule of assumptions used in determining the fair value

As of August 31, 2024, and December 31, 2024, the key assumptions used in the valuation were as follows:

 

Key Assumptions  August 31, 2024   December 31, 2024 
Stock Price (USD)   6.28    1.80 
Risk-Free Rate (%)   4.11    4.09 
Volatility Rate (%)   36.86    47.23 
Bond Yield (%)   15.55    13.90 
 

As of October 8, 2025, and December 31, 2025, the key assumptions used in the valuation were as follows:

 

Key Assumptions 

October 8,

2025

  

December 31,

2025

 
Stock Price (USD)   1.73    1.79 
Risk-Free Rate (%)   3.517    3.413 
Volatility Rate (%)   118.87    122.11 
Bond Yield (%)   15.87    20.4