PREPAYMENTS AND OTHER CURRENT ASSETS - THIRD PARTIES

6 Months Ended

Jun. 30, 2025

PREPAYMENTS AND OTHER CURRENT ASSETS - THIRD PARTIES

PREPAYMENTS AND OTHER CURRENT ASSETS - THIRD PARTIES

5. PREPAYMENTS AND OTHER CURRENT ASSETS — THIRD PARTIES

Prepayments and other current assets — third parties consisted of the following:

	As of	As of
	June 30, 2025	December 31, 2024
	US$	US$
Deductible VAT	38,666	34,523
Prepayments to third-party suppliers	24,691	20,903
Contract costs	13,577	3,492
Deposits	2,868	3,417
Interest receivable	1,947	5,130
Others	5,309	5,222
Less: Allowance for credit losses	(14)	(146)
Total	87,044	72,541