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Long-Term Equity Investments (Tables)
12 Months Ended
Dec. 31, 2024
Long-Term Equity Investments [Abstract]  
Schedule of Consolidated Financial Statements

The following entity have been included in the consolidated financial statements using the equity method:

 

    Proportion of ownership 
     Interest held 
   Country of incorporation   As of December 31, 
Name  Principle place of business   2024    2023 
Hangzhou Tangchuang Weilai Technology Co., Ltd (“Hangzhou Tangchuang”)  the People’s Republic of China   40%   100%
Schedule of Engaged in any Substantive Business Activities
   2023   2024 
   $’000   $’000 
At the beginning of the year   
    
 
Addition   
    4,212 
Share of current year results   
    (4)
Dividends   
    
 
Exchange differences   
    (51)
At the end of the year   
    4,157 
Schedule of Summarized Financial Information

Hangzhou Tangchuang

 

   As of December 31,
2024
 
   $’000 
Current assets   10,376 
Current liabilities   17 
      
Net Assets(100%)   10,393 
Company share of net assets(40%)   4,157 
Schedule of Comprehensive Income
   Period from
 March 20, 2024 to
 December 31,
2024
 
Loss from continuing activities   (10)
Comprehensive income   (10)