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CONVERTIBLE BOND PAYABLE (Tables)
6 Months Ended
Jun. 30, 2024
Debt Disclosure [Abstract]  
Summary of Convertible Bonds Payable

As of December 31,

 

 

As of June 30,

 

 

2023

 

 

2024

 

 

US$

 

 

US$

 

2021 Series A1 Note US$ 44,000,000 1.00% due to 2026

 

42,957,209

 

 

 

43,686,243

 

2021 Series A2 Note US$ 21,000,000 1.00% due to 2026

 

21,543,492

 

 

 

21,650,326

 

2021 Series B Note US$ 90,000,000 1.00% due to 2026

 

92,386,990

 

 

 

92,845,137

 

 

156,887,691

 

 

 

158,181,706