Company: YDDL
Filing Date: 2025-08-22
Form Type: F-1/A
Source: 0001213900-25-079833
Chunk: 154

Company: One & one Green Technologies. INC
Filing Date: 2025-08-22
Form: F-1/A
Chunk 154
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 Investment Holding        
 Manufacturing and trading |
|:---------------|:----|:---------------|:----|:------------------------|:----|:----------------------------|:----|:--------------------------|
| DL Metal       |     | March 3, 2022  |     | Contractual Arrangement |     | Republic of the Philippines |     | Manufacturing and trading |

F-7

ONE AND ONE GREEN TECHNOLOGIES. INC
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS 2.Summary of Significant Accounting Policies a)Basis of presentation The Company’s consolidated financial statements are prepared and presented in accordance with generally accepted accounting principles in the United States of America (“U.S. GAAP”). b)Principles of consolidation The Company’s consolidated financial statements include the financial statements of the Company, its subsidiary and the VIEs. All inter -companytransactions and balances among the Company, its subsidiary and the VIEs have been eliminated upon consolidation. c)Use of estimates The preparation of consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the related disclosure of contingent assets and liabilities at the date of these consolidated financial statements, and the reported amounts of revenue and expenses during the reporting period. The Company continually evaluates these estimates and assumptions based on the most recently available information, historical experience and various other assumptions that the Company believes to be reasonable under the circumstances. Significant accounting estimates reflected in the Company’s consolidated financial statements include but are not limited to estimates and judgments applied in determination of allowance for doubtful receivables arising from expected credit losses, economic lives and impairment losses for long -livedassets, discount rate used to measure present value of lease liabilities, estimate of the lease terms and valuation allowance for deferred tax assets. Since the use of estimates is an integral component of the financial reporting process, actual results could differ from those estimates. d)Foreign currency translation and transactions The Company’s reporting currency is US dollars (“US$”). The Company’s operations are principally conducted through the VIEs located in the Philippines where Philippine peso (“PHP”) is the functional currency, and its subsidiary located in Hong Kong where Hong Kong dollar (“HKD”) is the functional currency. Transactions denominated in foreign currencies are re -measuredinto the functional currency at the exchange rates at the beginning of the month. Monetary assets and liabilities denominated in foreign currencies are re -measuredat the exchange rates prevailing at the balance sheet date. Non -monetaryitems that are