Company: YDDL
Filing Date: 2025-10-09
Form Type: 424B4
Source: 0001213900-25-097758
Chunk: 62

Company: One & one Green Technologies. INC
Filing Date: 2025-10-09
Form: 424B4
Chunk 62
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. d)Credit Losses on Financial Instruments The Company early adopted ASU 2016 -13, Financial Instruments — Credit Losses, effective January 1, 2021. The Company uses the Current Expected Credit Losses (CECL) model to estimate credit losses on financial assets measured at amortized cost, as well as certain off -balancesheet credit exposures. When similar risk characteristics exist, the Company assesses collectability and measures expected credit losses on a collective basis for a pool of assets, whereas if similar risk characteristics do not exist, the Company assesses collectability and measures expected credit losses on an individual asset basis. Under the CECL model, the estimation of credit losses involves significant judgment and estimation uncertainty. Management exercises its judgment based on historical loss experience, the age of the accounts receivable, current economic conditions, and reasonable and supportable forecasts that may affect the customer’s ability to pay. Changes in these factors could have a material impact on the estimated credit losses.

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e)Inventories Inventories are stated at the lower of cost or net realizable value, with net realized value represented by estimated selling prices in the ordinary course of business, less reasonably predictable costs of disposal and transportation. Cost of inventory is determined using the weighted average cost method. No inventory write -downwas recorded for the years ended December 31, 2024 and 2023. f)Property and equipment, net Our property and equipment are recorded at cost less accumulated depreciation and impairment loss, if any. Depreciation is calculated on the straight -linemethod after taking into account their respective estimated residual values over the following estimated useful lives:

| Category                    |     | Useful life |
| Land                        |     | Indefinite  |
| Real property and buildings |     | 20 years    |
| Vehicle                     |     | 5 years     |
| Machinery and equipment     |     | 10 years    |

When property and equipment are retired or otherwise disposed of, resulting gain or loss is included in net income in the period of disposition. Expenditures for repairs and maintenance are expensed as incurred, whereas the costs of betterments that extend the useful life of property, plant and equipment are capitalized as additions to the related assets. Gain or loss on disposal of property, plant and equipment, if any, is recognized in the consolidated statements of comprehensive income (loss) as the difference between the net sales proceeds and the carrying amount of the underlying asset. We recognize construction in progress (“CIP”) at cost,