Company: YDDL
Filing Date: 2025-01-21
Form Type: F-1
Source: 0001213900-25-004967
Chunk: 61

Company: One & one Green Technologies. INC
Filing Date: 2025-01-21
Form: F-1
Chunk 61
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     |   |    193,586 |   |
| Net change in cash and cash equivalents                      |     |                       |    (88,123 | ) |     |   | (1,666,060 | ) |
| Effect of exchange rate changes on cash and cash equivalents |     |                       |   (295,349 | ) |     |   |   (129,746 | ) |
| Cash and cash equivalents at the beginning of year           |     |                       |    224,602 |   |     |   |  1,890,662 |   |
| Cash and cash equivalents at the end of year                 |     | $                     |    136,479 |   |     | $ |    224,602 |   |

As of December 31, 2023 we had cash and cash equivalents of $136,479. To date, we have financed our operations primarily through our operation. Operating Activities Our net cash provided by operating activities was $4,060,835 for the fiscal year ended December 31, 2023, as compared to $651,568 for the fiscal year ended December 31, 2022. The increase of net cash from operating activities was mainly attributable to decrease of inventories in FY2023 as compared to FY2022. Investing Activities Net cash used in investing activities was $3,835,841 for the fiscal year ended December 31, 2023, as compared to net cash used by investing activities of $2,381,468 for the fiscal year ended December 31, 2022. The net cash used in investing activities for the fiscal year ended December 31, 2023 was mainly attributable to purchase of property and equipment. The net cash used by investing activities for the year ended December 31, 2022 was mainly attributable to purchase and set up of property and equipment. Financing Activities Our net cash used in financing activities was $17,768 for the fiscal year ended December 31, 2023, as compared to $193,586 provided by financing activities for the fiscal year ended December 31, 2022. The net cash used in financing activities for the fiscal year ended December 31, 2023 was due to the deferred offering cost. The net cash provided by financing activities for the fiscal year ended December 31, 2022 was due to the paid -incapital of DL Metal. Leases Components of lease cost, weighted average remaining lease terms and discount rates of operating