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Concentrations and Risk (Tables)
12 Months Ended
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.