Greenland Technologies Expands into Off-Road Industrial Vehicle Market with Proprietary Four-Wheel Drive Transmission Systems
HANGZHOU, China, Aug. 18, 2026 /PRNewswire/ -- Greenland Technologies Holding Corporation (NASDAQ: GTEC) ("Greenland" or the "Company"), a developer and manufacturer of transmission and drivetrain systems for material handling machinery and electric industrial vehicles, today announced the succes...
Greenland Technologies Reports Strong Second Quarter and First Half 2026 Financial Results
Q2 Revenue Increased 37.6% Year Over Year to $29.9 Million Q2 Gross Profit Increased 65.9% to $9.5 Million; Gross Margin Expanded to 31.9% Q2 Net Income Reached $4.9 Million, Compared with a Net Loss of $2.8 Million in the Prior-Year Period First Half Revenue Increased 27.7% to $55.4 Million; Net I...
Greenland Technologies Holding Corporation Receives Nasdaq Notification Regarding Minimum Bid Price Deficiency
EAST WINDSOR, N.J., March 16, 2026 /PRNewswire/ -- Greenland Technologies Holding Corporation (Nasdaq: GTEC) ("Greenland" or the "Company"), a technology developer and manufacturer of electric industrial vehicles and drivetrain systems for material handling machineries and vehicles, today announc...
Greenland Technologies Holding Corporation Announces Effective Date of Dual-Class Share Structure
EAST WINDSOR, N.J., Feb. 23, 2026 /PRNewswire/ -- Greenland Technologies Holding Corporation (Nasdaq: GTEC) ("Greenland" or the "Company"), a technology developer and manufacturer of electric industrial vehicles and drivetrain systems for material handling machineries and vehicles, today announce...
GREENLAND TECHNOLOGIES HOLDING CORPORATION ANNOUNCES CLOSING OF UNDERWRITTEN PUBLIC OFFERING
EAST WINDSOR, N.J., Jan. 29, 2026 /PRNewswire/ -- Greenland Technologies Holding Corporation (Nasdaq: GTEC) ("Greenland" or the "Company"), a technology developer and manufacturer of electric industrial vehicles and drivetrain systems for material handling machineries and vehicles, today announce...
GREENLAND TECHNOLOGIES HOLDING CORPORATION ANNOUNCES PRICING OF UNDERWRITTEN PUBLIC OFFERING
EAST WINDSOR, N.J., Jan. 28, 2026 /PRNewswire/ -- Greenland Technologies Holding Corporation (Nasdaq: GTEC) ("Greenland" or the "Company"), a technology developer and manufacturer of electric industrial vehicles and drivetrain systems for material handling machineries and vehicles, today announce...
Greenland Technologies Reports Fiscal First Quarter 2025 Results
* 1Q25 Revenue of 21.7 Million Compared to $22.7 Million in 1Q24 * Expanded Gross Margin by 580 Basis Points Year Over Year * Reduces Operating Expenses by 50% Year Over Year * Earnings Per Share Increases 61% Year Over Year EAST WINDSOR, N.J., May 15, 2025 /PRNewswire/ -- Greenland Technol...
Greenland Technologies Fiscal Full Year 2024 Net Income Surges to $15.15 Million
Fiscal Full Year 2024 Operating Expenses Reduced by 28% YoY; Earnings Per Share Jumps to$1.03 Per Basic and Diluted Share From a Loss of $1.20 Per Basic and Diluted Share EAST WINDSOR, N.J., March 26, 2025 /PRNewswire/ -- Greenland Technologies Holding Corporation (Nasdaq: GTEC) ("Greenland" or ...
Greenland Reports 75.3% Increase in Net Income for First Nine Months of 2024
* Revenue for the First Nine Months of 2024 of $64.57 Million, Decreases Slightly from$67.56 Million in First Nine Months of 2023 * Operating Expenses Decrease 15.6% for the First Nine Months of 2024 Compared to the First Nine Months of 2023 * Strong Balance Sheet with Cash and Restricted Ca...
HEVI Announces Transition to a More Aggressive Dealer Model to Meet Strong Customer Demand for its Electric Industrial Equipment
EAST WINDSOR, N.J., Oct. 1, 2024 /PRNewswire/ -- HEVI Corp. ("HEVI" or the "Company"), a manufacturer of all-electric heavy equipment, today announced its transition to a more aggressive dealer model to meet strong customer demand for its expanded line of electric industrial equipment. The new...
HEVI Unveils North America's Largest All-Electric Wheel Loader: Game-Changing H65L Delivers Zero Emissions, Lower Costs, and Uncompromised Performance
EAST WINDSOR, N.J., Aug. 28, 2024 /PRNewswire/ -- HEVI Corp. ("HEVI" or the "Company"), a manufacturer of all-electric heavy equipment, today unveiled its game changing all electric vehicle, model H65L. With a nearly 50,000 pound operating weight, HEVI's new flagship H65L all electric wheel loade...
HEVI Launches H55L Electric Front Wheel Loader; Newest Model Expected to Save Customers by Materially Reducing Diesel and Planned Maintenance Expenses
EAST WINDSOR, N.J., Aug. 27, 2024 /PRNewswire/ -- HEVI Corp. ("HEVI" or the "Company"), a manufacturer of all-electric heavy equipment, today announced the further expansion of its growing industrial electric vehicle portfolio with the launch of its newest model, the H55L front wheel loader. HEVI...
Greenland Reports 99.7% YoY Increase in 2Q 2024 Net Income
* Drives Gross Margin Stability and Expense Reductions * Introduces Incentives to Accelerate Electric Industrial Vehicle Purchases * Terminates Planned Spin off its Drivetrain Systems Segment EAST WINDSOR, N.J., Aug. 15, 2024 /PRNewswire/ -- Greenland Technologies Holding Corporation (Nasdaq...
Assurant Partners with HEVI to Provide Extended Service Contracts
EAST WINDSOR, N.J., July 23, 2024 /PRNewswire/ -- HEVI Corp. ("HEVI" or the "Company"), a manufacturer of all-electric heavy equipment, today announced it is partnering with Assurant, Inc. (NYSE: AIZ), a leading global business services company that supports, protects, and connects major consumer...
National Energy Improvement Fund Partners with HEVI to Provide Equipment Financing
EAST WINDSOR, N.J., July 17, 2024 /PRNewswire/ -- HEVI Corp. ("HEVI" or the "Company"), a manufacturer of all-electric heavy equipment, today announced it is partnering with the National Energy Improvement Fund (NEIF) to provide equipment financing. Through this partnership, HEVI customers will b...
Greenland Technologies and Lonking Join Forces to Develop Heavy Electric Machinery for the U.S. Market Under the HEVI Brand
EAST WINDSOR, N.J., July 16, 2024 /PRNewswire/ -- Greenland Technologies Holding Corporation (Nasdaq: GTEC) ("Greenland" or the "Company"), a technology developer and manufacturer of electric industrial vehicles and drivetrain systems for material handling machineries and vehicles, and Lonking Ho...
Greenland Reports 64% YoY Increase in 1Q 2024 Net Income Per Share
* Drives Year-over-Year Revenue Growth and Gross Margin Expansion * Achieves Major Milestone with Sales to Maryland's Port of Baltimore * Accelerates Expansion of the HEVI Authorized Service Provider (ASP) National Network EAST WINDSOR, N.J., May 16, 2024 /PRNewswire/ -- Greenland Technologi...
Greenland Technologies Completes Initial Sales Delivery to Maryland's Port of Baltimore
EAST WINDSOR, N.J., April 10, 2024 /PRNewswire/ -- Greenland Technologies Holding Corporation (Nasdaq: GTEC) ("Greenland" or the "Company"), a technology developer and manufacturer of electric industrial vehicles and drivetrain systems for material handling machineries and vehicles, today announc...
Greenland Expands HEVI's Fast Growing Approved Service Provider Network to North Carolina with Addition of Truck and Auto Repair
EAST WINDSOR, N.J., April 2, 2024 /PRNewswire/ -- Greenland Technologies Holding Corporation (Nasdaq: GTEC) ("Greenland" or the "Company"), a technology developer and manufacturer of electric industrial vehicles and drivetrain systems for material handling machineries and vehicles, today announce...
Greenland Technologies Operations Unaffected by Francis Scott Key Bridge Collapse in Baltimore, MD; Company Reaffirms April 2024 Sales Delivery Plan
EAST WINDSOR, N.J., April 1, 2024 /PRNewswire/ -- Greenland Technologies Holding Corporation (Nasdaq: GTEC) ("Greenland" or the "Company"), a technology developer and manufacturer of electric industrial vehicles and drivetrain systems for material handling machineries and vehicles, issued the fol...
