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OTHER NON-CURRENT LIABILITIES - THIRD PARTIES
12 Months Ended
Dec. 31, 2025
OTHER NON-CURRENT LIABILITIES -THIRD PARTIES  
OTHER NON-CURRENT LIABILITIES -THIRD PARTIES

18.

OTHER NON-CURRENT LIABILITIES – THIRD PARTIES

Other non-current liabilities – third parties consisted of the following:

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​

​

​

​

​

​

​

As of December 31, 

​

​

2025

​

2024

 ​

  ​ ​ ​

US$

  ​ ​ ​

US$

Deposits from third parties

  ​ ​ ​

18,442

​

17,438

Conditional and refundable government grants (i)

 

77,624

​

76,019

Warranty provision

 

28,938

​

21,313

Total

 

125,004

​

114,770

(i)The Group was awarded grants from governments and conditional on the operation performance and tax contribution in certain specified regions in the next few years. The government grants have been received and recognized as other non-current liabilities, which will be released to other operating income in the consolidated statements of comprehensive loss when the conditions attached for operation performance and tax contribution are satisfied. As of December 31, 2025, the Group estimated that the conditions attached for operation performance and tax contribution would be not probable to be satisfied, thus the Group classified these liabilities as other non-current liabilities.