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SHORT-TERM BORROWINGS
6 Months Ended
Jun. 30, 2026
Debt Disclosure [Abstract]  
SHORT-TERM BORROWINGS SHORT-TERM BORROWINGS
Short-term borrowings as of June 30, 2026 and December 31, 2025 amounted to $107,218 and $74,041, respectively, which consisted of RMB denominated borrowings made by the Company’s subsidiaries from financial institutions in mainland China and were repayable within one year.

As of June 30, 2026 and December 31, 2025, the weighted average interest rates for the outstanding borrowings were 2.1% and 2.5%, respectively.