Company: YDDL
Filing Date: 2025-01-21
Form Type: F-1
Source: 0001213900-25-004967
Chunk: 173

Company: One & one Green Technologies. INC
Filing Date: 2025-01-21
Form: F-1
Chunk 173
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     | Purpose/Nature           |
| HuaJun Yan |     | Director and Chief Executive Officer |     | Working capital advances |

Due to the related party represents amount owed to Mr.Huajun Yan for advances he made on behalf of the Company. From time to time, Mr.Yan advances money to the Company to pay staff salaries and the fees to service providers. These advances are non -interestbearing and without maturity.

|            | Related party’s payables |   | December 31, 
         2023 |     |   | December 31, 
         2022 |
|:-----------|:-------------------------|:--|-------------:|:----|:--|-------------:|
| HuaJun Yan |                          | $ |      897,638 |     | $ |      634,150 |
| Total      |                          | $ |      897,638 |     | $ |      634,150 |

10.Income Taxes The entities within the Company file separate tax returns in the respective tax jurisdictions in which they operate. Cayman Islands (“CI”) One and one Green Technologies. INC, an entity incorporated in CI, is not subject to tax on income or capital gains. Additionally, upon payments of dividends by the CI company to its respective shareholders, no CI withholding tax will be imposed.

F-18

ONE AND ONE GREEN TECHNOLOGIES. INC
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS 10.Income Taxes (cont.) Hong Kong, SAC Our subsidiary, One and one International HK Limited, is a Hong Kong entity subject to the two -tierprofits tax rates system, which was introduced under the Inland Revenue (Amendment) (No. 3) Ordinance 2018 (the “Ordinance”) of Hong Kong, and applies for a year of assessment commencing on or after April 1, 2018. Under the two -tierprofit tax rates regime, the profits tax rate for the first HKD 2 million of assessable profits of a corporation will be subject to the lowered tax rate of 8.25% while the remaining assessable profits will be subject to the tax rate of 16.5%. In respect of dividends paid to One and one International HK Limited, under Hong Kong’s Foreign -sourcedIncome Exemption regime effective from January 1, 2023, income arising in or derived from a territory outside Hong Kong (such as dividends from the Company’s VIEs in the Philippines) received