v3.26.1
Land use rights, net
12 Months Ended
Dec. 31, 2025
Land use rights, net  
Land use rights, net

14.  Land use rights, net

Land use rights consist of the following:

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December 31, 

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2024

  ​ ​ ​

2025

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US$

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US$

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Gross carrying amount

 

368,942

​

377,319

Less: accumulated amortization

 

(65,827)

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(75,929)

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Land use rights, net

 

303,115

​

301,390

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Amortization expense for the years ended December 31, 2023, 2024 and 2025 were US$8,473, US$8,397 and US$8,486, respectively.

The estimated amortization expenses for each of the following five years are as follows:

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Amortization expense 

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of land use rights

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US$

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2026

 

8,463

2027

 

8,463

2028

​

8,463

2029

 

8,463

2030

​

8,463

​