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Concentrations and Risk (Tables) | 12 Months Ended
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Dec. 31, 2025
Concentrations and Risk [Abstract] |
Schedule of Customers represent | The following table sets forth a summary of customers who represent 10% or more of the Company’s total revenue:
|  | Financial Years ended December 31, |
|  | 2023 |  |  | 2024 |  |  | 2025 |
|  | US$’000 |  |  | US$’000 |  |  | US$’000 |
Customer A |  |  | 122,289 |  |  |  | N/A | (i) |  |  | N/A | (i)
Customer D |  |  | 57,486 |  |  |  | 49,666 |  |  |  | N/A | (i)
Customer E |  |  | 72,295 |  |  |  | N/A | (i) |  |  | N/A | (i)
Customer G |  |  | N/A | (i) |  |  | 33,771 |  |  |  | N/A | (i)
Customer H |  |  | N/A | (i) |  |  | 40,665 |  |  |  | N/A | (i)
Customer I |  |  | N/A | (i) |  |  | 41,503 |  |  |  | 82,013 |
Customer J |  |  | N/A | (i) |  |  | N/A | (i) |  |  | 59,513 |
Customer K |  |  | N/A | (i) |  |  | N/A | (i) |  |  | 37,737 |
(i) | Revenue from the relevant customer was less than 10% of the Company’s total revenue for the respective year.
The following table sets forth a summary of customers who represent 10% or more of the Company’s total accounts receivable:
|  | Financial Years ended December 31, |
|  | 2023 |  |  | 2024 |  |  | 2025 |
|  | US$’000 |  |  | US$’000 |  |  | US$’000 |
Customer E |  |  | 713 |  |  |  | N/A | (ii) |  |  | N/A | (ii)
Customer I |  |  | N/A | (ii) |  |  | 17,519 |  |  |  | N/A | (ii)
Customer L |  |  | N/A | (ii) |  |  | N/A | (ii) |  |  | 20,357 |
| (ii) | Accounts receivable from the relevant customer was less than 10% of the Company’s total accounts receivable for the respective year.
The following table sets forth a summary of suppliers who represent 10% or more of the Company’s total purchases:
|  | Financial Years ended December 31, |
|  | 2023 |  |  | 2024 |  |  | 2025 |
|  | US$’000 |  |  | US$’000 |  |  | US$’000 |
Supplier C |  |  | 33,968 |  |  |  | N/A | (iii) |  |  | 33,917 |
Supplier D |  |  | 55,416 |  |  |  | 85,317 |  |  |  | 59,255 |
Supplier E |  |  | 128,500 |  |  |  | N/A | (iii) |  |  | N/A | (iii)
Supplier F |  |  | 64,720 |  |  |  | N/A | (iii) |  |  | N/A | (iii)
Supplier H |  |  | N/A | (iii) |  |  | 70,688 |  |  |  | 43,066 |
Supplier I |  |  | N/A | (iii) |  |  | 40,437 |  |  |  | N/A | (iii)
Supplier J |  |  | N/A | (iii) |  |  | N/A | (iii) |  |  | 37,460 |
Supplier K |  |  | N/A | (iii) |  |  | N/A | (iii) |  |  | 42,948 |
Supplier L |  |  | N/A | (iii) |  |  | N/A | (iii) |  |  | 35,981 |
| (iii) | Purchase from relevant suppliers was less than 10% of the Company’s total purchase for the respective year.
The following table sets forth a summary of a single supplier who represent 10% or more of the Company’s total accounts payable:
|  | Financial Years ended December 31, |
|  | 2023 |  |  | 2024 |  |  | 2025 |
|  | US$’000 |  |  | US$’000 |  |  | US$’000 |
Supplier I |  |  | N/A | (iv) |  |  | 17,067 |  |  |  | N/A | (iv)
Supplier L |  |  | N/A | (iv) |  |  | N/A | (iv) |  |  | 20,214 |
| (iv) | Accounts payable from relevant suppliers was less than 10% of the Company’s total accounts payable for the respective year.

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- Definition Tabular disclosure of the nature of a concentration, a benchmark to which it is compared, and the percentage that the risk is to the benchmark. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 275 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 18 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482861/275-10-50-18 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 275 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 20 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482861/275-10-50-20 + Details
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