One & one Green Technologies. INC

One and one Cayman is a holding company that does not actively engage in business operations. The company was incorporated on April 17, 2024, in the Cayman Islands. As of the date of this annual report, its authorized share capital is US$50,000, divided into 500,000,000 ordinary shares, comprising 489,796,040 Class A Ordinary Shares and 10,203,960 Class B Ordinary Shares. There are 45,829,373 Class A Ordinary Shares and 10,203,960 Class B Ordinary Shares currently issued and outstanding. One and one Cayman receives economic benefits from the business operations of its variable interest entities (VIEs) in the Philippines through contractual arrangements with One and one HK. One and one HK, a wholly owned subsidiary of One and one Cayman, was incorporated on May 29, 2024, in Hong Kong and is also a holding company not actively engaged in business. One and one HK controls 100% of two Philippine-based VIEs: DL Metal, established on March 3, 2022, and Yoda Metal, established on March 20, 2014. Due to foreign ownership restrictions under Philippine laws, One and one HK entered into a series of contractual arrangements with Yoda Metal and DL Metal, and their shareholders. These arrangements allow One and one HK to control 100% of their ownership interests, receive economic benefits from their operations, and control most aspects of their operations, enabling the company to conduct its business in the Philippines.