One & one Green Technologies (YDDL), a Philippines-based recycler of scrap metals, reported revenue of $33,380,930 for the six months ended June 30, 2026, compared with $28,129,714 a year earlier, and net income of $4,492,677, versus $3,826,300. Operating income was $4,987,156, compared with $5,704,032; gross profit was $7,253,731, compared with $7,121,544. Net cash used in operating activities was $9,931,501, versus $1,732,472.
At June 30, 2026, cash was $2,712,933 and accounts receivable were $32,745,976. The company subsequently collected approximately $17.04 million, representing approximately 52% of receivables outstanding on that date. Two customers accounted for 96.45% of first-half revenue. Inventory was $17,195,077, compared with $7,230,581 at December 31, 2025.
On April 13, 2026, YDDL completed a follow-on offering of 1,733,333 units at $7.50 per unit; each unit included one Class A ordinary share and a warrant to purchase 1.5 Class A ordinary shares. The offering generated net proceeds of $11,825,513, which the company intended to use for working capital and general corporate purposes.
One and One Green Technologies, Inc. (YDDL), a Philippines-based recycler of non-ferrous metals and industrial materials, reported that it will participate in the H.C. Wainwright 28th Annual Global Investment Conference in New York City, taking place September 14-16, 2026, at the Lotte New York Palace Hotel. Chairman and Chief Executive Officer Tina Yan and Chief Financial Officer Willis Wong will be available for one-on-one meetings with investors arranged through H.C. Wainwright. The company describes its business as a licensed hazardous waste importer and recycler that converts electronic waste and scrap metal into copper alloy ingots and aluminum scraps for manufacturers across domestic and international markets.
One and One Green Technologies, Inc. (YDDL), a Philippines-based hazardous waste importer and metals recycler, reported that it has procured more than 2,000 tons of raw materials for its new electronic, copper, and nickel sludge recovery line in Metro Manila. Smelting equipment installation is underway, and the company expects to begin production on this new line before the end of 2026, subject to successful installation and commissioning.
The new production line is designed to process industrial hazardous waste, including electronic, copper, and nickel sludge, and recover high-value metals such as copper, nickel, gold, and silver. The project extends One and One’s existing recycling operations into additional industrial waste categories and leverages its hazardous waste-handling license, local raw-material procurement capabilities, and in-house chemical testing infrastructure.
One and one Green Technologies INC, a Cayman Islands holding company listed on Nasdaq as YDDL, updates its F-1 registration for a previously completed primary unit offering without registering additional securities. The company sold 1,733,333 Units at $7.50 each, with each Unit consisting of one Class A Ordinary Share and one Warrant to purchase up to 1.5 Class A shares at an exercise price of $8.25. Aggregate gross proceeds were $13.0 million, and net proceeds after commissions and expenses were about $11.63 million, to be used for more machinery and equipment, land acquisitions, construction of a new manufacturing facility, and working capital.
The business operates through a Hong Kong subsidiary and Philippine variable interest entities focused on waste and scrap metal recycling with an estimated annual processing capacity of 300,000 tons. All operating revenues are generated by the Philippine VIEs, while investors purchase equity in the Cayman holding company. The company reports net income of $11.81 million, $6.48 million, and $5.57 million for 2025, 2024, and 2023, respectively, and had 44,096,040 Class A shares outstanding before the offering. Following the offering, controlling shareholder Caifen Yan, through One and One International Limited, holds about 91.01% of aggregate voting power, and the company qualifies as an emerging growth company, a foreign private issuer, and a controlled company.
One and one Green Technologies Inc. reported that several major shareholders have agreed to extend their voluntary lock-up period. On June 18, 2026, four shareholders, each beneficially owning more than 5% of the Company’s outstanding Class A ordinary shares, entered new lock-up agreements.
These shareholders were already under a three-month voluntary lock-up following the end of the IPO-related lock-up, which expires on July 9, 2026. They have now agreed to an additional six-month voluntary lock-up after that date, during which they will not sell, transfer, or otherwise dispose of their shares or related securities or transfer the economic benefits of ownership.
One and one Green Technologies, INC registers the resale of up to 1,086,667 Class A Ordinary Shares, consisting of 400,000 shares issuable upon cash exercise of Greenshoe Warrants, 600,000 additional shares from the automatic 150% top-up under the Warrants, and 86,667 shares issuable upon exercise of Placement Agent Warrants. The registration covers resale by the identified selling shareholders; the Company will not receive proceeds from resales but would receive proceeds from any cash exercise of the Greenshoe Warrants and Placement Agent Warrants. The Greenshoe Warrants exercise price is $7.50, Placement Agent Warrants exercise price is $9.00, and each outstanding Warrant has an exercise price of $8.25. The prospectus notes the Company is a Cayman holding company that operates through VIE contractual arrangements in the Philippines and that Ms. Caifen Yan controls approximately 91.01% of voting power. Date of prospectus: May 18, 2026.
One and One Green Technologies, Inc. files its annual report, detailing a Cayman holding company structure that controls Philippine operating entities through variable interest entity (VIE) contractual arrangements. The company highlights legal and enforcement uncertainties around these contracts and the Philippine regulatory environment.
For the year ended December 31, 2025, it reports net income of $11,811,614, up from $6,476,772 in 2024, while warning that higher public-company costs and currency movements could pressure future profitability. As of December 31, 2025, there were 45,829,373 Class A and 10,203,960 Class B ordinary shares outstanding, with Class B carrying 20 votes per share and approximately 91.19% of total voting power concentrated with Chair Caifen Yan.
The filing stresses customer and supplier concentration, lack of commercial insurance, exposure to Philippine political, regulatory and environmental risks, and the possibility that U.S. investors may face difficulties enforcing judgments or adverse U.S. tax treatment if the company were ever classified as a PFIC.
One and One Green Technologies, Inc., a Philippines-based recycler listed on Nasdaq, plans to release its financial results for the fiscal year ended December 31, 2025 before the market opens on April 28, 2026. Management will host an earnings conference call at 8:00 A.M. U.S. Eastern Time (8:00 P.M. Manila Time) the same day to discuss results and provide a business update.
Investors can submit written questions by April 24 via email and access a live and archived audio webcast through the company’s investor relations website. The company holds government-issued licenses in the Philippines to import and process hazardous waste as raw materials, converting electronic waste and scrap metal into higher-value products such as copper alloy ingots and aluminum scraps.