Company: YDDL
Filing Date: 2025-01-21
Form Type: F-1
Source: 0001213900-25-004967
Chunk: 58

Company: One & one Green Technologies. INC
Filing Date: 2025-01-21
Form: F-1
Chunk 58
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,097,022 for the six months ended June 30, 2023, representing a decrease of $12,426,223 or 39.96%. For the first quarter of 2024, as the construction of the new plant and office finished, the Company relocated part of its production line and re -tunedsome equipment. The relocation and adjustment of equipment suspended the operation of the Company for 3 months because some of machines in critical condition has been moved to new plant and led to the decreasing of sales in first half year 2024. All the work returned to normal in second quarter.

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For the third and fourth quarter of 2024, the unaudited revenue is $18.51 million and $14.38 million, respectively. The total unaudited revenue for 2024 amounted to $51.59 million, representing a 25.01% increase compared to the $41.27 million recorded in 2023. Cost of revenue Our cost of revenue was $14,580,835 and $22,823,854 for the six months ended June 30 2024 and 2023, respectively. The decrease in cost of revenues is because, the company purchased less material and less products for sale. Gross profit and gross margin

|                     |     | Six Months Ended June 30 2024 
                   (unaudited) |     |            |     |        |   |     | Six Months Ended June 30 2023 
                   (unaudited) |     |            |     |        |   |
|:--------------------|:----|------------------------------:|:----|-----------:|:----|-------:|:--|:----|------------------------------:|:----|-----------:|:----|-------:|:--|
|                     |     |                       Revenue |     |       Cost |     |  Gross 
 margin |   |     |                       Revenue |     |       Cost |     |  Gross 
 margin |   |
| Brass alloy ingots  |     |                     1,437,413 |     |  1,168,882 |     |  18.68 | % |     |                     2,199,115 |     |  1,554,684 |     |  29.30 | % |
| Aluminum alloy      |     |                     8,162,560 |     |  7,294,131 |     |  10.64 | % |