v3.24.1.u1
DEFERRED INCOME (Tables)
12 Months Ended
Dec. 31, 2023
DEFERRED INCOME.  
Schedule of benefit recognized from asset and research and development related subsidy

​

​

​

​

​

​

​

​

​

    

Asset-related

    

R&D-related

    

​

​

​

subsidy

​

subsidy

​

Total

​

​

US$

​

US$

​

US$

Balance as of January 1, 2021

 

—

 

541,592

 

541,592

Government grants received during the year

 

279,052

 

—

 

279,052

Recognized as income during the year

 

—

 

(490,461)

 

(490,461)

Foreign currency translation adjustment

 

3,270

 

6,843

 

10,113

Balance as of December 31, 2021

 

282,322

 

57,974

 

340,296

Recognized as income during the year

 

—

 

(54,954)

 

(54,954)

Foreign currency translation adjustment

 

(23,872)

 

(3,020)

 

(26,892)

Balance as of December 31, 2022

​

258,450

​

—

​

258,450

Subsidy received during the year

​

16,345

​

—

​

16,345

Recognized as income during the year

​

—

​

—

​

—

Foreign currency translation adjustment

​

(4,698)

​

—

​

(4,698)

Balance as of December 31, 2023

 

270,097

 

—

 

270,097