v3.26.1
Short-term Borrowings (Tables)
12 Months Ended
Dec. 31, 2025
Debt Disclosure [Abstract]  
Summary of Short-Term Borrowings

 

As of December 31,

 

 

2024

 

 

2025

 

 

US$

 

 

US$

 

Short-term bank borrowings (i)

 

 

6,724,904

 

 

 

4,268,154

 

Loans from investor C (ii)

 

 

2,086,695

 

 

 

2,134,077

 

Short-term borrowings

 

 

8,811,599

 

 

 

6,402,231

 

(i)
Short-term bank borrowings
Summary of Outstanding Short-Term Bank Loan Balances Payable As of December 31, 2024 and 2025, the Company had outstanding short-term bank loan balances payable to the following financial institutions:

 

 

 

 

 

 

 

As Of December 31,

 

 

 

 

 

 

 

 

2024

 

 

2025

 

Lender

 

Interest Rate

 

 

Maturity Date

 

US$

 

 

US$

 

Bank of Beijing Fuyu Sub-branch

 

3.45%, 3.10% and 3.00%

 

 

June 28, 2025, December 27, 2025 and December 27, 2026

 

 

2,782,260

 

 

 

1,422,718

 

Bank of China Beijing Guomao Sub-branch

 

2.30% and 2.15%

 

 

March 29, 2025, May 30, 2025 and March 12, 2026

 

 

1,391,130

 

 

 

1,422,718

 

China Merchants Bank Beijing Dayuncun Sub-branch

 

3.40% and 2.30%

 

 

From March 8, 2025 to May 9, 2025 and June 24, 2026

 

 

1,855,949

 

 

 

1,422,718

 

Bank of Nanjing Beijing Branch

 

 

4.50

%

 

January 24, 2025

 

 

695,565

 

 

-

 

Total Short-term borrowings

 

 

 

 

 

 

 

6,724,904

 

 

 

4,268,154