Risks and Uncertainties	12 Months Ended
Dec. 31, 2024
Risks and Uncertainties [Abstract]
RISKS AND UNCERTAINTIES	24. RISKS AND UNCERTAINTIES PRC Regulations There are substantial uncertainties regarding the interpretation and application of PRC laws and regulations including, but not limited to, the laws and regulations governing our business and the enforcement and performance of our arrangements with customers in certain circumstances. We are considered foreign persons or foreign funded enterprises under PRC laws and, as a result, we are required to comply with PRC laws and regulations related to foreign persons and foreign funded enterprises. These laws and regulations are sometimes vague and may be subject to future changes, and their official interpretation and enforcement may involve substantial uncertainty. The effectiveness of newly enacted laws, regulations or amendments may be delayed, resulting in detrimental reliance. New laws and regulations that affect existing and proposed future businesses may also be applied retroactively. We cannot predict what effect the interpretation of existing or new PRC laws or regulations may have on our business. Customer concentration risk For the year ended December 31, 2024, two customers accounted for 35.86% and 13.57% of the Company’s total revenues. For the year ended December 31, 2023, one customer accounted for 85.84% of the Company’s total revenues. Vendor concentration risk For the year ended December 31, 2024, one vendor accounted for 90.77% of the Company’s total purchases. For the year ended December 31, 2023, one vendor accounted for 87.58% of the Company’s total purchases.

Risks and Uncertainties

12 Months Ended

Dec. 31, 2024

24. RISKS AND UNCERTAINTIES

PRC Regulations

There are substantial uncertainties regarding the interpretation and application of PRC laws and regulations including, but not limited to, the laws and regulations governing our business and the enforcement and performance of our arrangements with customers in certain circumstances. We are considered foreign persons or foreign funded enterprises under PRC laws and, as a result, we are required to comply with PRC laws and regulations related to foreign persons and foreign funded enterprises. These laws and regulations are sometimes vague and may be subject to future changes, and their official interpretation and enforcement may involve substantial uncertainty. The effectiveness of newly enacted laws, regulations or amendments may be delayed, resulting in detrimental reliance. New laws and regulations that affect existing and proposed future businesses may also be applied retroactively. We cannot predict what effect the interpretation of existing or new PRC laws or regulations may have on our business.

Customer concentration risk

For the year ended December 31, 2024, two customers accounted for 35.86% and 13.57% of the Company’s total revenues. For the year ended December 31, 2023, one customer accounted for 85.84% of the Company’s total revenues.

Vendor concentration risk

For the year ended December 31, 2024, one vendor accounted for 90.77% of the Company’s total purchases. For the year ended December 31, 2023, one vendor accounted for 87.58% of the Company’s total purchases.