Company: YDDL
Filing Date: 2025-08-22
Form Type: F-1/A
Source: 0001213900-25-079833
Chunk: 167

Company: One & one Green Technologies. INC
Filing Date: 2025-08-22
Form: F-1/A
Chunk 167
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| Net cash provided by operating activities |     | $            | 2,009,738 |   |     | $ |  4,060,835 |   |
| Net cash used in investing activities     |     |              |   (11,542 | ) |     |   | (3,835,841 | ) |
| Net cash used in financing activities     |     |              |  (257,538 | ) |     |   |    (17,768 | ) |

The assets of the VIEs have not been pledged or used as collateral for other obligations and are solely for the VIEs’ own use and to settle their own obligations. The creditors of the VIEs can only claim against the assets of the VIEs and do not have the right to seek repayment from the Company’s assets.

F-16

ONE AND ONE GREEN TECHNOLOGIES. INC
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS 4.Accounts receivables, net Accounts receivables, net consist of the following:

|                             |     |   | December 31, 
         2024 |     |   | December 31, 
         2023 |
|:----------------------------|:----|:--|-------------:|:----|:--|-------------:|
| Accounts receivable         |     | $ |   17,401,756 |     | $ |    2,652,224 |
| Allowance for credit losses |     |   |            — |     |   |            — |
| Total, net                  |     | $ |   17,401,756 |     | $ |    2,652,224 |

For the years ended December 31, 2024 and 2023, no allowance for credit losses expense was recognized against its accounts receivable, respectively. The increase in accounts receivable balance was primarily driven by the concentration sales in the second half year of 2024 due to the production relocated to a newly constructed factory during the first half year of 2024. The time shift led to a higher volume of credit sales towards the end of the year, resulting in an elevated accounts receivable balance as of December31, 2024. As of June30, 2025, all accounts receivable has been collected from the amount outstanding at December31, 2024. 5.Inventories, net Inventories, net consisted