$One and one Green(YDDL)$ recently announced that shareholders beneficially owning 5% or more of the Company's outstanding Class A ordinary shares have voluntarily agreed to extend restrictions on the sale of their shares for an additional six months, commencing on July 9, 2026 and ending on January 9, 2027.
In aggregate, the participating shareholders represent approximately 67.7% of the Company's outstanding shares, or approximately 31 milllion Class A ordinary shares.
The voluntary lock-up extension reflects the continued confidence of the Company's significant shareholders in One and One's long-term growth strategy, business outlook and commitment to creating long-term shareholder value. Under the voluntary arrangement, participating shareholders have agreed not to directly, or indirectly, sell, transfer, pledge, hedge or otherwise dispose of their shares during the extension period, subject to customary exceptions.
The extension follows the Company's previously announced voluntary lock-up commitment by insiders and further demonstrates the alignment of the Company's major shareholders with its long-term growth objectives.
"This voluntary commitment reflects the confidence that our significant shareholders have in the Company's long-term prospects and growth opportunities," said Ms. Tina Yan, Chair of the Board and Chief Executive Officer of One and One Green Technologies. "As we continue to expand our recycling capabilities, advance new resource recovery initiatives and strengthen our vertically integrated operating platform, we remain focused on executing our strategy and creating sustainable long-term value for shareholders."
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