, (2) the decrease in allowance for expected credit losses of approximately US$0.86 million; and (3) the decrease in other general administrative expenses of approximately US$0.25 million, as a result of the cost reduction plan executed by the management.

filing / Aug 14, 2026 / receipt

reasons: (1) the increase in share-based compensation expenses of approximately US$0.10 million, (2) the decrease in other general administrative expenses of approximately US$0.15 million, as a result of the cost reduction plan executed by management; and (3) the decrease in allowance for expected credit losses of approximately US$0.29 million, respectively.

filing / Aug 14, 2026 / receipt

For the six and three months ended June 30, 2026, the increase in our research and development expenses was primarily due to an increase in headcount in our research and development department, compared with that for the same period last year.

filing / Aug 14, 2026 / receipt