Company: YDDL
Filing Date: 2025-10-09
Form Type: 424B4
Source: 0001213900-25-097758
Chunk: 58

Company: One & one Green Technologies. INC
Filing Date: 2025-10-09
Form: 424B4
Chunk 58
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. Operating Expenses Total operating expenses increased by $860,393 or 52.99% to $2,484,077 for the fiscal year ended December 31, 2024 from $1,623,684 for fiscal year ended December 31, 2023. Our selling expenses for the fiscal year ended December 31, 2024, decreased by $81,646 compared to the same period in the prior year. The decrease in selling expenses was primarily driven by a reduction in freight forwarding service fees, which resulted from a shift in product mix. While sales revenue increased due to higher prices and higher sales volumes of copper and brass alloy ingots, the overall shipment volume decreased as a result of lower aluminum alloy sales. General and administrative expenses for the fiscal year ended December31, 2024, increased by $942,039 compared to the same period in 2023. The increase was primarily attributable to: (1) additional indirect listing -relatedexpenses of approximately $400,000 were incurred in preparation for the planned IPO, including audit fees and consulting services; (2) depreciation expenses included in general and administrative expenses increased by approximately $200,000, due to the addition of fixed assets with an original cost of approximately $7.58million at the end of 2023, resulting in a higher depreciation charge in 2024; and (3) service fees rose by approximately $160,000, mainly due to an increase in environmental protection service fees and customs service fees driven by the growth in export sales and import purchases. Net income As a result of the cumulative effect of the factors described above, our net income for the fiscal years ended December 31, 2024 and 2023 were $6,476,772 and $5,567,174, respectively.

36

Liquidity and Capital Resources Comparison of the Fiscal Years Ended December 31, 2024 and 2023 The following table sets forth a summary of our cash flows for the periods indicated:

|                                                              |     | For fiscal years ended 
 December 31,           |      2024 |   |     |   |       2023 |   |
|:-------------------------------------------------------------|:----|:-----------------------|----------:|:--|:----|:--|-----------:|:--|
| Net cash provided by operating activities                    |     | $                      | 2,009,738 |   |     | $ |  4,060,835 |   |
| Net cash used in investing