What changed in this filing

/stocks — the workspaceLOADING

Item 1A. Risk Factors

2025-10-14 compared with 2024-09-30 · 32 added, 28 removed, 359 unchanged (14% of the section changed)

2 unchanged sentences

the year ended June 30, 2025, Sino Green Land incurred a net loss of $1,808,994 and used cash in operating activities of $845,971

These factors raise substantial doubt about the Sino Green Land’s ability to continue as a going concern within one year after

the date the financial statements are issued.

In addition, Sino Green Land’s independent registered public accounting firm, in

their report on Sino Green Land’s June 30, 2024, audited financial statements, raised substantial doubt about the Sino Green Land’s

ability to continue as a going concern.

No assurance can be given that any future financing, if needed, will be available or, if available,

that it will be on terms that are satisfactory to the Company.

Even if the Company is able to obtain additional financing, if needed,

it may contain undue restrictions on its operations, in the case of debt financing, or cause substantial dilution for its stockholders,

in the case of equity financing.

result in an accumulated deficit of $4,700,553.

The Company’s current liabilities exceeded current assets $4,442,949, and the

stockholder deficit of $2,394,659.

These factors raise substantial doubt about the Sino Green Land’s ability to continue as a

going concern within one year after the date the consolidated financial statements are issued.

In addition, Sino Green Land’s

independent registered public accounting firm, in their report on Sino Green Land’s June 30, 2025, audited financial

statements, raised substantial doubt about the Sino Green Land’s ability to continue as a going concern.

No assurance can be

given that any future financing, if needed, will be available or, if available, that it will be on terms that are satisfactory to

Even if the Company is able to obtain additional financing, if needed, it may contain undue restrictions on its

operations, in the case of debt financing, or cause substantial dilution for its stockholders, in the case of equity

have identified material weaknesses in our disclosure controls and procedures and internal control over financial reporting.

11 unchanged sentences

requirements commensurate with the Company’s financial reporting requirements.

To resolve these material weaknesses, the Company

will appoint independent directors to form a functional, independent audit committee, and redesign key financial processes to enforce

segregation of duties and implement compensating controls managed by senior staff.

Secondly, the Company will redesign and formalize key

financial processes to implement adequate segregation of duties.

This will involve redistributing responsibilities among existing personnel

and leveraging information technology controls to mitigate risks where full segregation is not feasible.

The Company will also hire additional

qualified accounting personnel with significant U.S.

GAAP and SEC reporting experience.

Furthermore, a program of ongoing, specialized

training will be implemented for the entire finance team to ensure their knowledge remains current with the Company’s financial reporting

requirements.

not remediated, our failure to establish and maintain effective disclosure controls and procedures and internal control over financial

76 unchanged sentences

needed may force us to delay, limit or terminate our product development efforts or other operations.

will need to seek funds soon, through public or private equity or debt financings, government or other third-party funding, marketing

will need to seek funds soon, through public or private equity or debt financing, government or other third-party funding, marketing

and distribution arrangements and other collaborations, strategic alliances or a combination of these approaches.

16 unchanged sentences

The cost of raw

materials amounted to approximately MYR8.1 million, and MYR2.03 million respectively, representing approximately 77% and

53% of our cost of sales for FY2024 and FY2023 respectively.

Cost of raw materials refers to cost incurred by our Company to purchase

recoverable items from our suppliers, which is the key components of cost of sales attributable to the recycled products segment.

increase in cost of raw materials from MYR8.1 million in FY2024 to MYR2.03 million in FY2023 was mainly due to the sales increase and

new machinery testing.

materials amounted to approximately MYR7 million, and MYR8.1 million respectively, representing approximately 65% and 77% of our cost

of sales for FY2025 and FY2024 respectively.

Cost of raw materials refers to cost incurred by our Company to purchase recoverable items

from our suppliers, which is the key components of cost of sales attributable to the recycled products segment.

The decrease in cost

of raw materials from MYR7 million in FY2025 to MYR8.1 million in FY2024 was mainly due to the sales decrease.

generally do not enter into any agreements with our suppliers other than on a purchase order basis.

45 unchanged sentences

results of operations.

further disruptions from an uptick in new infections related to COVID-19 may materially harm out business prospects.

upticks in infection, and the related enforcement of governmental restrictions would materially hinder our ability to grow, as it would

make it could interrupt our supply chain, as well as the financial condition of our intended customer base.

may need further financing for our existing business and future growth.

198 unchanged sentences

imposed by the Commission and state securities agencies.

UNRESOLVED STAFF COMMENTS

are a smaller reporting company as defined by Rule 12b-2 of the Securities Exchange Act of 1934 and are not required to provide the information

under this item.

mailing address and global operations are situated at No.

3 & 5, Jalan Hi Tech 7/7, Kawasan Perindustrian Hi Tech 7, 43500 Semenyih,

Selangor, Malaysia.

LEGAL PROCEEDINGS

MINE SAFETY DISCLOSURES

Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.

What changed 10-K

Item 1A. Risk Factors