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Shareholders’ equity (Tables)
6 Months Ended
Jun. 30, 2025
Equity [Abstract]  
Schedule of warrants

The summary of warrants activity is as follows:

 

   Warrants
Outstanding
   Warrants
Exercisable
   Class A
Ordinary
Shares
Issuable
   Weighted
Average
Exercise
Price
   Average
Remaining
Contractual
Life (in
years)
 
               US$     
December 31, 2023   5,570,275    5,570,275    5,570,275   $1.66    1.63 
Granted   251,608*   251,608    251,608   $3.33    2.00 
Forfeited   -    -    -   $-    - 
Exercised   (810,425)   (810,425)   (810,425)  $1.65    - 
June 30, 2024   5,011,458    5,011,458    5,011,458   $1.74    1.15 
                          
December 31, 2024   4,943,608    4,943,608    4,943,608   $1.73    0.59 
Granted   4,949,156    4,949,156    4,949,156   $1.65    1.85 
Forfeited   (4,778,995)   (4,778,995)   (4,778,995)  $1.73    - 
Exercised   (164,713)   (164,713)   (164,713)  $1.65    - 
June 30, 2025   4,949,156    4,949,156    4,949,156   $1.65    1.38 

 

*The number of warrants were estimated based upon the IPO price of US$4.75, the midpoint of the estimated proposed IPO price range of $4.00 and $5.50 per share.