Share-Based Payments (Tables)

12 Months Ended

Dec. 31, 2022

Share-Based Payments [Abstract]

Schedule of share options to be exercised

Vesting period of the relevant percentage of the options	Cap of options exercisable
After 6 months since the Listing Date	1% of the total shares
After 12 months since the Listing Date	2% of the total shares
After 18 months since the Listing Date	2.5% of the total shares
After 24 months since the Listing Date	3% of the total shares

Schedule of lists the inputs to the model used

Assumptions	Inputs
Dividend yield (%)		0	%
Expected volatility (%) (note)		49	%
Risk-free interest rate (%)		0.36	%
Suboptimal factor		2.5
Forfeiture rate		0	%
Option life (years)		4.78
Share price (US$ per share)		8.67

Assumptions	Inputs
Dividend yield (%)		0	%
Expected volatility (%) (note)		50	%
Risk-free interest rate (%)		0.88	%
Suboptimal factor		1.0 - 2.5
Forfeiture rate		0	%
Option life (years)		10
Share price (US$ per share)		9.03

Schedule of weighted average exercise price and share options

	2022 WAEP US$		2022 Number of options		2021 WAEP US$		2021 Number of options
At January 1		8.46		887,002		8.46		887,002
Granted during the year		—		—		—		—
Forfeited during the year		—		—		—		—
Exercised during the year		—		—		—		—
Expired during the year		—		—		—		—
At December 31		8.46		887,002		8.46		887,002

	2022 WAEP US$		2022 Numbers of options		2022 Number of restricted shares		2021 WAEP US$		2021 Numbers of options		2021 Number of restricted shares
At January 1, 2022		0.01		1,125,334		101,666		0.01		1,125,334		101,666
Granted during the year		—		—		—		—		—		—
Forfeited during the year		—		—		—		—		—		—
Exercised during the year		—		—		—		—		—		—
Expired during the year		—		—		—		—		—		—
At December 31, 2022		0.01		1,125,334		101,666		0.01		1,125,334		101,666

Schedule of share options outstanding

	2022		2021
Exercise period	Number of options		Number of options		Exercise price US$
July 12, 2021 – January 12, 2025		295,667		295,667		8.46
January 12, 2022 – January 12, 2025		295,667		295,667		8.46
July 12, 2022 – January 12, 2025		147,834		147,834		8.46
January 12, 2023 – January 12, 2025		147,834		147,834		8.46
		887,002		887,002

Exercise period	2022 Number of options		2022 Number of restricted shares		2021 Number of options		2021 Number of restricted shares		Exercise price US$
October 1, 2021 – October 30, 2030		562,666		50,832		562,666		50,832		0.01
October 1, 2022 – October 30, 2030		337,600		30,500		337,600		30,500		0.01
October 1, 2023 – October 30, 2030		112,534		10,167		112,534		10,167		0.01
October 1, 2024 – October 30, 2030		112,534		10,167		112,534		10,167		0.01
		1,125,334		101,666		1,125,334		101,666