YDDL announces major shareholders voluntarily extend share lock-up period by six months

$One and one Green Technologies (YDDL.US)$ The company recently announced that shareholders beneficially owning 5% or more of its outstanding Class A ordinary shares have voluntarily agreed to further extend the lock-up period on their shares by six months. The extended lock-up period will run from July 9, 2026, through January 9, 2027.

Shareholders participating in this voluntary lock-up extension collectively hold approximately 31 million Class A ordinary shares, representing about 67.7% of the company’s total outstanding shares.

This voluntary extension of the lock-up period reflects major shareholders’ continued confidence in YDDL’s long-term growth strategy, business prospects, and ability to create long-term shareholder value. Under this voluntary arrangement, participating shareholders have agreed not to directly or indirectly sell, transfer, pledge, hedge, or otherwise dispose of their shares during the extended period, except for customary permitted exceptions.

This extension of the lock-up period represents a further arrangement following the company's earlier announcement of voluntary lock-up commitments by insiders, and further underscores the alignment of major shareholders with the company's long-term growth objectives.

Tina Yan, Chairwoman and CEO of YDDL, stated: 'This voluntary commitment reflects major shareholders’ confidence in the company’s long-term prospects and growth opportunities. As we continue to expand our recycling capacity, advance new resource recovery projects, and strengthen our vertically integrated operating platform, the company remains focused on executing its strategy to deliver sustainable long-term value for shareholders.'

4897 Views