Company: YDDL
Filing Date: 2025-08-22
Form Type: F-1/A
Source: 0001213900-25-079833
Chunk: 175

Company: One & one Green Technologies. INC
Filing Date: 2025-08-22
Form: F-1/A
Chunk 175
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 that potentially subject the Company to significant concentrations of credit risk consist primarily of cash and cash equivalents, and accounts receivable. The Company’s cash and cash equivalents were held by major financial institutions located in the Philippines. The Company believes these institutions to be of high credit quality. While deposits in these institutions are insured by the Philippine Deposit Insurance Corporation (PDIC) up to PHP 500,000 per depositor (not each individual account), this insurance coverage may not be sufficient to fully protect the Company’s cash balance in the event of a bank failure. The Company acknowledges this limitation and considers the credit quality of the financial institutions a primary factor in mitigating the risk of loss. F-22

ONE AND ONE GREEN TECHNOLOGIES. INC
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS 13.Concentration of Risk (cont.) For accounts receivable, the Company extends credit based on an evaluation of the customer’s or other parties’ financial condition, generally without requiring collateral or other security. In order to minimize the credit risk, the Company delegated a team responsible for credit approvals and other monitoring procedures to ensure that follow -upaction is taken to recover overdue debts. Further, the Company reviews the recoverable amount of each individual receivable at each balance sheet date to ensure that adequate allowances are made for doubtful accounts. In this regard, the Company considers that the Company’s credit risk for accounts receivable is significantly reduced. Concentration of customers consist of the following:

|            |     |        Year Ended 
 December 31, 2024 |             |     |       |          |     |        Year Ended 
 December 31, 2023 |             |     |       |   |
|:-----------|:----|------------------:|:------------|:----|------:|:---------|:----|------------------:|:------------|:----|------:|:--|
| Revenues   |     |                   | Receivables |     |       | Revenues |     |                   | Receivables |     |       |   |
| Customer A |     |             22.23 | %           |     | 13.11 | %        |     |             52.41 | %           |     |     — | % |
| Customer B |     |             56.37 | %           |     | 86.96 | %        |     |             21.42 | %           |     | 32.65 | % |
| Customer C |