| Schedule of fair value measurements of the Group's assets that were measured at fair value on a recurring basis |
As of December 31, 2024 and 2025, information about inputs for the fair value measurements of the Group’s assets that were measured at fair value on a recurring basis in periods subsequent to their initial recognition is as follows:
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As of December 31, 2025 |
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Quoted prices in active markets for identical instruments (Level 1) |
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Significant other observable inputs (Level 2) |
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Significant unobservable inputs (level 3) |
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Total balance |
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US$ |
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US$ |
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US$ |
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|
US$ |
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Financial instruments held, at fair value |
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Funds |
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841,089 |
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8,586,698 |
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3,292,073 |
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12,719,860 |
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Bonds |
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69,492,657 |
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— |
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— |
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69,492,657 |
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Stock |
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3,329,111 |
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— |
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— |
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3,329,111 |
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Cash and cash equivalents |
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|
|
|
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|
|
|
|
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Funds |
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71,339,317 |
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|
|
— |
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— |
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71,339,317 |
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Crypto assets held |
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4,339,298 |
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— |
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— |
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4,339,298 |
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Long‑term available-for-sale securities |
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— |
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— |
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6,617,773 |
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6,617,773 |
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Total |
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149,341,472 |
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8,586,698 |
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|
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9,909,846 |
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|
|
167,838,016 |
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12.FAIR VALUE MEASUREMENT (Continued) Measured at fair value on a recurring basis (Continued)
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As of December 31, 2024 |
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|
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Quoted prices in active markets for identical instruments (Level 1) |
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|
Significant other observable inputs (Level 2) |
|
|
Significant unobservable inputs (level 3) |
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Total balance |
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|
US$ |
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|
US$ |
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|
US$ |
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|
US$ |
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Financial instruments held, at fair value |
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|
|
|
|
|
|
|
|
|
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Funds |
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|
2,691,097 |
|
|
|
11,770,376 |
|
|
|
3,692,505 |
|
|
|
18,153,978 |
|
Bonds |
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|
54,418,366 |
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|
|
— |
|
|
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— |
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|
54,418,366 |
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Stock |
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|
2,270,679 |
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— |
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— |
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2,270,679 |
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Others |
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|
704,059 |
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— |
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— |
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|
704,059 |
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Cash and cash equivalents |
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|
|
|
|
|
|
|
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|
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Funds |
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|
4,023,182 |
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— |
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— |
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4,023,182 |
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Long‑term available-for-sale securities |
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— |
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— |
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4,410,382 |
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4,410,382 |
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Total |
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64,107,383 |
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11,770,376 |
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|
|
8,102,887 |
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83,980,646 |
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| Schedule of movements of Level 3 fair value measurements |
The movements of Level 3 fair value measurements for the years ended December 31, 2024 and 2025 are as follows:
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US$ |
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As of January 1, 2024 |
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7,501,930 |
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Additions during the year |
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|
— |
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Net unrealized gain |
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|
600,957 |
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As of December 31, 2024 |
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|
8,102,887 |
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Additions during the year |
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— |
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Net unrealized gain |
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1,806,959 |
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As of December 31, 2025 |
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|
9,909,846 |
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For the year ended December 31, 2024, the net unrealized gain included US$343,892 recognized in other comprehensive income (loss) in the consolidated statements of comprehensive income, and US$257,065 recognized in other income in the consolidated statements of comprehensive income.
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