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Short-Term Deposits | 12 Months Ended
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Dec. 31, 2024
Short-Term Deposits [Abstract] |
Short-term deposits |
| 4. | Short-term deposits
Short-term deposits represent time deposits placed with banks with maturities longer than three months but less than one year. Interest earned is recorded as finance income in the consolidated financial statement. As of December 31, 2023 and 2024, substantially all of the Company’s short-term deposits amounting to nil and $4,237,090, respectively, had been placed in reputable financial institutions in the PRC.

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