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Shareholders’ Equity
 6 Months Ended
Jun. 30, 2025
Shareholders’ Equity [Abstract]  
SHAREHOLDERS’ EQUITY

17. Shareholders’ equity

 

Ordinary shares

 

The Company was incorporated in the BVI as a limited company with limited liability on December 4, 2024. The authorized number of ordinary shares was 200,000 shares with no par value each divided into (i) 180,000 Class A ordinary shares of no par value each and (ii) 20,000 Class B ordinary shares of no par value each.

 

On August 13, 2024, the Company effected a share split at a ratio of 1-to-1,800. As a result of the share split, the Company now has 360,000,000 authorized ordinary shares with no par value each divided into (i) 324,000,000 Class A ordinary shares of no par value each and (ii) 36,000,000 Class B ordinary shares of no par value each. As a result, 18,000,000 Class A ordinary shares and 4,500,000 Class B ordinary shares issued and outstanding as of the date hereof.