Company: YDDL
Filing Date: 2025-06-09
Form Type: F-1/A
Source: 0001213900-25-052277
Chunk: 173

Company: One & one Green Technologies. INC
Filing Date: 2025-06-09
Form: F-1/A
Chunk 173
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) up to PHP 500,000 per depositor (not each individual account), this insurance coverage may not be sufficient to fully protect the Company’s cash balance in the event of a bank failure. The Company acknowledges this limitation and considers the credit quality of the financial institutions a primary factor in mitigating the risk of loss. For accounts receivable, the Company extends credit based on an evaluation of the customer’s or other parties’ financial condition, generally without requiring collateral or other security. In order to minimize the credit risk, the Company delegated a team responsible for credit approvals and other monitoring procedures to ensure that follow -upaction is taken to recover overdue debts. Further, the Company reviews the recoverable amount of each individual receivable at each balance sheet date to ensure that adequate allowances are made for doubtful accounts. In this regard, the Company considers that the Company’s credit risk for accounts receivable is significantly reduced. Concentration of customers consist of the following:

|            |     |        Year Ended 
 December 31, 2024 |             |     |       |          |     |        Year Ended 
 December 31, 2023 |             |     |       |   |
|:-----------|:----|------------------:|:------------|:----|------:|:---------|:----|------------------:|:------------|:----|------:|:--|
| Revenues   |     |                   | Receivables |     |       | Revenues |     |                   | Receivables |     |       |   |
| Customer A |     |             22.23 | %           |     | 13.11 | %        |     |             52.41 | %           |     |     — | % |
| Customer B |     |             56.37 | %           |     | 86.96 | %        |     |             21.42 | %           |     | 32.65 | % |
| Customer C |     |             17.43 | %           |     |     — | %        |     |                 — | %           |     | 62.31 | % |

For the year ended December31, 2024, Customer A, Customer B, and Customer C accounted for 22.23%, 56.37% and 17.43% of the Company’s revenues, respectively. As of December31, 2024, customer A and Customer B accounted for 13.11% and