(LOSS)/EARNINGS PER SHARE |
12 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2025 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Earnings per share [abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| (LOSS)/EARNINGS PER SHARE |
The following table sets forth the computation of basic and diluted (loss)/earnings per share attributable to shareholders for the years ended December 31,
As of December 31, 2025, there were 286,840 (14,341,968 prior to 50-for-1 reverse share split) warrant outstanding (Note 15), the Group uses the Treasury Stock Method to calculate the dilutive effect of the outstanding warrants. Under this method, the incremental shares are calculated by assuming the warrants are exercised and the proceeds are used to repurchase the Group’s Class A ordinary shares at the average market price during the period. As the exercise price of the warrants exceeds the average market price of the Class A ordinary shares, the outstanding warrants are considered anti-dilutive. |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||