$One and one Green Technologies (YDDL.US)$ Recently announced some preliminary unaudited financial results for the fiscal year ending December 31, 2025. The company holds a license issued by the Philippine government to import and process hazardous waste in the Philippines, utilizing it as raw material for resource recovery.
The company expects,Revenue for the fiscal year 2025 is expected to reach 64.5 million to 65.8 million US dollars, representing an increase of approximately22% to 24%It is estimated thatNet profit is expected to reach 10.8 million to 11.8 million US dollars, representing an increase of approximately80% to 85%。
If the aforementioned performance is ultimately achieved, it will set a new record for the companyBest annual performance in history。
Over the past three years, the company's revenue has continued to grow steadily, fromUSD 41.3 million in the fiscal year 2023toUSD 53.5 million in the fiscal year 2024, and further increased toUSD 64.5 million to USD 65.8 million in the fiscal year 2025. During the same period, the company's net profit also continued to rise, fromUSD 5.6 million in the fiscal year 2023toUSD 6.5 million for the fiscal year 2024, and further increase toUSD 10.8 million to USD 11.8 million for the fiscal year 2025。
The company stated that this growth trend reflects the effectiveness of its ongoing expansion of recycling operations in the Philippines, as well as its role as a supplier to manufacturing clients in Asia...

$One and one Green Technologies (YDDL.US)$ It was recently announced that the company signed a voluntary lock-up agreement on March 26, 2026, with Quickool Holdings Inc, BOYUO International Limited, Glowing Star Technology Limited, Glowing Star Holding Limited, and Asahi Sea Group Limited. The original IPO-related lock-up period for the aforementioned shareholders is set to expire on April 9, 2026. According to the new agreement, the relevant shareholders agreed to extend the lock-up period by an additional three months from that date.
Under the agreement, during the additional lock-up period, the relevant shareholders are prohibited from directly or indirectly selling, transferring, or otherwise disposing of their shares or related securities in the company, nor may they engage in any transactions that transfer the economic benefits of ownership of such securities.
Tina Yan, the company's chairman and CEO, stated: 'We appreciate the support from the relevant shareholders for the company’s long-term development strategy. This voluntary extension of the lock-up period reflects their confidence in the company's future prospects and demonstrates a unified commitment to maintaining long-term shareholder value. We will continue to focus on the steady execution of our strategy to drive long-term, sustainable growth for the company.'

$One and one Green Technologies (YDDL.US)$ It was recently announced that its management team will participate in the event held on Thursday, April 9, 2026, in New York City,the 12th Gabelli Annual Environmental Services SymposiumThe official management presentation will take place at 1:00 PM Eastern Time.
$One and one Green Technologies (YDDL.US)$ the management team will also hold one-on-one meetings with investors to further discuss the company’s business development and long-term strategy.
The Gabelli Environmental Services Symposium brings together institutional investors, asset managers, and senior executives of listed companies focused on environmental services and resource recycling, serving as an important platform for fostering industry dialogue and investment communication.
Registration for attending the event either in person or online can be completed via the following link:
https://gabelli.com/event/12th-annual-waste-sustainability-symposium/
YDDL Chairwoman and CEO Tina Yan stated, 'Our participation in the Gabelli Environmental Services Conference reflects our ongoing commitment to deepening communication with the investment community and building key investor relationships, which will support the company's long-term growth strategy. As the only company in the Philippines...'

Recently, Thailand seized a batch of allegedly illegally imported electronic waste and initiated the repatriation process. Malaysia and Indonesia have also tightened their cross-border regulatory scrutiny over the flow of electronic waste. These measures indicate that Southeast Asia is transitioning from a distribution model reliant on low transparency and informal channels to one that places greater emphasis ontraceable origins, compliant declarations, and environmentally sound processing capabilitiesfor eligible domestic assets going offshore.
Against this backdrop, the logic of industry competition is evolving. Electronic waste is no longer merely a simple trade category but is gradually becoming a key area with both resource attributes and regulatory constraints. Future core competitiveness will shift from 'the ability to acquire raw materials' to a comprehensive capability encompassing 'legal acquisition, standardized processing, and stable delivery.' As gray channels gradually diminish, companies with proper qualifications and scaled processing capabilities are expected to capture market share transferring from the informal sector.
This shift resonates with $One and one Green Technologies (YDDL.US)$ the company's recent strategic initiatives. The firm is accelerating its entry into the Greater Manila electronic waste recycling market, leveraging its large-scale hazardous waste treatment capacity in the Philippines. Targeting the local electronics manufacturing and electroplating industries, it recovers high-value industrial waste such as electronic sludge, copper sludge, and nickel sludge, establishing a stable local raw material supply system. This move enables the company to engage more directly with regional manufacturing clusters, securing high-quality raw materials at the source.
Meanwhile, the company’s raw material sourcing system is diversifying from relying solely on cross-border acquisitions...

$One and one Green Technologies (YDDL.US)$ Recently announced plans to enter the Manila region's electronic waste (e-waste) recycling market.
With an annual hazardous waste processing capacity of 1 million tons, the company will target local electronics manufacturers and electroplating firms, recycling and processing high-value industrial waste such as electronic sludge, copper sludge, and nickel sludge.
This move will further drive the company into the Philippines' growing electronic waste market. The market size is projected to grow from USD 9.7 billion in 2025 to USD 22.4 billion by 2031. Data shows that the Philippines generated approximately 537,000 tons of electronic waste in 2022, with industry research estimating that about 80% is still processed through informal channels, posing environmental and safety risks. Against this backdrop, the company will provide compliant, large-scale processing services to industrial enterprises in the country’s economic hub.
The company stated that it will utilize recently upgraded processing technologies to extract copper, nickel, and other critical metals from relevant materials. This project will help establish a stable raw material supply chain, complementing existing import channels and reducing reliance on the global scrap market.
Company Chairman and CEO Tina Yan stated, 'Securing a stable and high-quality local raw material supply is an important step in advancing the company's vertical integration strategy. Entering Ma...

Recently, Morgan Stanley noted in a weekly U.S. equity strategy report that despite growing market concerns over the structural impacts brought by artificial intelligence, the pace of capital expenditure, and labor substitution, its forecast for an 'early-cycle, rotational recovery' by 2026 remains unchanged. At the same time, market attention on 'heavy asset/hard asset' sectors continues to rise, particularly in integrated industrials, materials, and metals, which have outperformed relative to other sectors for several consecutive months. The report also mentioned that since the middle of last year, companies with higher capital expenditures as a percentage of revenue have been favored by the market overall. The report attributes this trend to several driving factors: the start of a new business and earnings cycle, AI-related data center construction, and policy support for investment expansion.
Correct $One and one Green Technologies (YDDL.US)$ Such market observations are of considerable reference value. Over the past period, the market largely viewed artificial intelligence as an opportunity within software, computing power, and application layers; however, as the importance of infrastructure, energy, power grids, materials, and supply chain resilience has continued to grow, resource-based and heavy asset sectors are once again coming into investors' view. For the circular metal industry, this means the market is beginning to place greater emphasis on companies that can provide stable raw material organization, compliant processing capabilities, and scaled production capacity, rather than solely focusing on short-term commodity price fluctuations.
$One and one Green Technologies (YDDL.US)$ has long been focused on electronic waste...

In February this year, Goldman Sachs released a strategy report formally proposing the "HALO Effect" framework - Heavy Assets, Low Obsolescence. The report pointed out that as AI infrastructure construction accelerates and geopolitical factors drive supply chain restructuring, global capital is rapidly shifting from light-asset tech models to physical asset companies with barriers to entry that are difficult to disrupt through technology. Power infrastructure, industrial capacity, and resource networks have become the core focus of the new market phase.
The recycled metals industry serves as a quintessential example under this framework.
Copper is a fundamental raw material common to AI data centers, power grid expansion, and the new energy industry chain. Mine expansion cycles last over a decade, offering extremely limited short-term supply elasticity. Meanwhile, the Asia-Pacific region consumes nearly 40% of global copper production, with regional supply-demand gaps widening continuously. In this context, recycling companies capable of stably providing high-quality recycled copper are filling the supply void that mines cannot quickly address - their strategic value aligns closely with the "scarcity premium of physical assets" described in the HALO framework.
Core Company Positioning
$One and one Green Technologies (YDDL.US)$ It is currently the only licensed recycled metal enterprise in the Philippines that can legally import and process hazardous waste streams. This regulatory permit is not easily obtained, forming a market barrier that is difficult to replicate in the short term, and serving as the company's key competitive advantage in Southeast...

$One and one Green Technologies (YDDL.US)$Recently announced, the strategic technology and equipment upgrades at its San Rafael plant have been successfully completed. This investment in advanced processing capabilities aims to further enhance the company’s profitability and environmental performance while strengthening its competitive advantage in the high-value printed circuit board (PCB) recycling sector.
The upgrade includes the installation and systematic modernization of secondary combustion chambers, surface coolers, and desulfurization towers. According to internal company assessments, these improvements are expected to increase PCB processing capacity by over 30% and improve the extraction efficiency of precious metals such as gold and silver by approximately 15-20%. The company estimates that the gross margin of materials processed through the upgraded production line will increase directly by 8-12%. The company believes this enhancement in capacity and recycling efficiency will provide strong support for achieving its annual revenue growth targets.
This strategic investment further enhances the company's ability to handle complex electronic waste generated by modern electronics. According to Research and Markets, the global electronic waste management market is projected to grow continuously at a compound annual growth rate (CAGR) of 8.4%. By ensuring that emission and processing standards exceed both local and international regulatory requirements, the company has further solidified its leading position in compliance and environmental protection within the resource recycling industry.
This time regarding processing capacity...

Against the backdrop of global supply chain restructuring and accelerating green transition, the recycled metals industry is gradually entering a new phase of development. The International Copper Study Group (ICSG) forecasts that the global refined copper market may shift from surplus to a slight shortage by 2026, with supply and demand dynamics tightening. Meanwhile, UN data shows that the scale of global electronic waste has exceeded 60 million tons and continues to grow, but the recycling rate still has room for improvement. The importance of resource recycling is becoming increasingly prominent.
Industry insiders generally believe that with the limited increase in primary mineral resources, the role of recycled metals in the global supply system is continuously strengthening. Especially under the context of manufacturing upgrades and the expansion of the new energy sector, the demand for the recycling of basic materials such as copper and aluminum is steadily rising.
In this industrial environment, the differences between companies are increasingly reflected in scale and efficiency. $One and one Green Technologies (YDDL.US)$ In recent years, companies have continuously expanded their processing capacity, now reaching an annual designed processing capacity of approximately 300,000 tons, forming an operational system combining sorting, smelting, and deep processing. With the increase in processing volume and diversification of raw material sources, the scale of company operations has been expanding.
Notably, under the industry characteristic of relatively stable processing margins, corporate profitability increasingly depends on scale expansion and operational efficiency. As processing scales increase and fixed costs are gradually spread out, total profits rise in tandem with business growth...