PREPAYMENTS AND OTHER CURRENT ASSETS - THIRD PARTIES (Tables)

12 Months Ended

Dec. 31, 2023

PREPAYMENTS AND OTHER CURRENT ASSETS - THIRD PARTIES

Schedule of prepayments and other current assets


		As of December 31,
		2023		2022
		US$		US$
Deductible VAT		41,066		36,508
Prepayments to third-party suppliers		11,280		2,446
Deposits		3,995		3,747
Deferred listing expenses		1,686		—
Others		5,850		1,674
Less: Allowance for credit losses (i)		(7)		—
Total		63,870		44,375

(i)	The movement of the allowance for credit losses is as follows:

Schedule of allowance for credit losses


		US$
Balance as of December 31, 2022		—
Impact of adoption of ASC 326		2
Balance as of January 1, 2023		2
Provisions		4
Foreign currency translation adjustment		1
Balance as of December 31, 2023		7