(Incorporated in the Cayman Islands)

We conduct our business through the VIEs, Yoda Metal and DL Metal, in the Philippines. We primarily engage in recycling, production and trading of recycled scrap metals in the Philippines.

We are a waste materials and scrap metal recycling company in the Philippines. Our capabilities are underscored by our permitted capacity for metal recycling, measured in tons per year, and by the government-issued license that enables us to import hazardous waste (as raw materials) into the Philippines. We process raw materials and generate final products that include copper alloy ingot, aluminum scrapes, plastic beads, and others. We provide economical and flexible solutions to the challenges of electronic waste, metal scrap and industrial recycling. By providing lower-cost alternatives for processing recycled materials, we not only contribute to environmental sustainability but also highlight our role as a modern and specialized recycling company.

We have established an environmentally friendly technology that we believe sets us apart from competitors. Our exhaust gas recirculation system and exhaust emissions have been examined and approved annually by the Environmental Management Bureau (“EMB”) in the Philippines. Our exhaust gas recirculation system enhances process efficiency while minimizing and, in some cases, eliminating contamination. Through this system, we capture the ash and slag contained in the emissions for further metal recovery ad smelting, ensuring the exhaust we ultimately release meets all applicable standards. In contrast, competing technologies, such as table concentrators, cannot prevent pollution during the final stages of processing.

Due to our sustainable, environmentally friendly processes, we believe we are well-positioned to comply with heightened regulations across the globe.

We benefit from being fully authorized by the government to process hazardous wastes under the framework of The Basel Convention: A Global Solution for Controlling Hazardous Wastes.

We have complied with all governmental documentary requirements, including Environmental Compliance Certificate (the “ECC”), Permit to Operate, Discharge Permit, Import and Export Permit. As of December 31, 2024, our workforce consisted of 97 employees, including 7 engineers. Electronic waste and metal scraps from local and abroad (Korea, Japan, Southeast Asia, Europe, USA, etc.) are carefully segregated and processed in compliance with the existing environmental laws, rules and regulations. Our annual processing capacity is estimated to be around 300,000 tons.

Investors in our Class A Ordinary Shares should be aware that they are purchasing equity in One and one Cayman, which does not directly own our business in the Philippines. Please refer to the information contained in and incorporated by reference under the heading “Risks Related to Our Corporate Structure” on page 19 of this prospectus.

Note: Net income and revenue are in U.S. dollars for the year that ended Dec. 31, 2024.

(Note: One and One Green Technologies Inc. is offering 2.5 million shares at a price range of 44.00 to $6.00 to raise $12.5 million, if priced at the $5.00 mid-point of its range, according to its F-1/A filings.)

(Note: In June, Cathay Securities was named the sole book-runner, replacing The Benchmark Company and Axios Capital, the original team of joint book-runners, according to One & One Green Technologies’ F-1/A filing dated June 6, 2025.)