v3.26.1
Related party transactions
12 Months Ended
Dec. 31, 2025
Related party transactions  
Related party transactions

28.  Related party transactions

The table below sets forth the major related parties and their relationships with the Group:

​

Major related parties

  ​ ​ ​

Relationship with the Group

Guangzhou Sunhongs Corp., Ltd. (“Guangzhou Sunhongs”)

​

Significant influence exercised by a principal shareholder of the Company

Xiaomi Corporation (“Xiaomi Group”)

​

Controlled by a principal shareholder of the Company

​

During the years ended December 31, 2023, 2024 and 2025, significant related party transactions are as follows:

​

​

​

​

​

​

​

​

​

​

For the year ended December 31, 

​

​

2023

​

2024

​

2025

​

  ​ ​ ​

US$

  ​ ​ ​

US$

  ​ ​ ​

US$

​

​

​

​

​

​

​

Bandwidth service provided by Guangzhou Sunhongs

​

1,382

​

1,614

​

777

Promotion expense charged from related parties

​

8,008

​

7,553

​

5,521

Others

 

1,308

 

1,083

 

1,013

​

As of December 31, 2024 and 2025, the amounts due from/to related parties are as follows:

​

​

​

​

​

​

​

​

December 31, 

​

​

2024

​

2025

​

  ​ ​ ​

US$

  ​ ​ ​

US$

​

​

​

​

​

Amounts due from related parties, current

 

467

 

106

​

​

​

​

​

Amounts due to related parties, current

 

  ​

 

  ​

Due to Xiaomi Group

 

1,193

 

1,462

Dividend Payable

​

—

​

22,622

Others

 

185

 

388

​

​

​

​

​

Total

 

1,378

 

24,472

*

Other receivables and payables from/to related parties are unsecured and payable on demand.

​