Greenland Technologies Holding Corporation

Earnings data Q1 2021

Earnings data Q2 2021

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Earnings data Q4 2021

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Greenland Technologies Holding Corp. engages in the manufacture of drivetrain systems for material handling machineries and electric vehicles, as well as electric industrial vehicles. Its products include the GEF-series electric forklifts, a series of lithium-powered forklifts with three models ranging in size from 1.8 tons to 3.5 tons, and GEL-1800, a 1.8 ton rated load lithium-powered electric wheeled front loader and GEX-8000, an all-electric 8.0 ton rated load lithium-powered wheeled excavator. The company was founded in 2006 and is headquartered in East Windsor, NJ.

Greenland Technologies Holding Corporation (NASDAQ:GTEC ) Q1 2022 Results Earnings Conference Call May 16, 2022 8:00 AM ET Company Participants Julia Qian - Managing Director of Blueshirt Group Asia Raymond Wang - Chief Executive Officer Jing Jin - Chief Financial Officer Conference Call Participants Rommel Dionisio - Aegis Capital Operator Good day ladies and gentlemen, thank you for standing by. And welcome to the Greenland Technologies First Quarter 2022 Earnings Conference Call.

Greenland Technologies Holding Corporation (GTEC) CEO Raymond Wang on Q1 2022 Results - Earnings Call Transcript

BALTIMORE, May 16, 2022 /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, announced it has officially selected Baltimore County, Maryland for the next phase of the Company's major U.S. expansion. The company conducted a comprehensive national selection process before selecting Maryland earlier this year.

GREENLAND TECHNOLOGIES SELECTS BALTIMORE COUNTY FOR MANUFACTURING EXPANSION

19% Increase in 1Q22 Revenue to Record $29.3 Million Compared to 1Q21 19% Increase in 1Q22 Net Income to $2.9 Million Compared to 1Q21 Cash Balance Rises 30% to $13.2 Million EAST WINDSOR, N.J., May 16, 2022 /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 announced its unaudited financial results for the first quarter ended March 31, 2022.

Greenland Technologies Reports Record First Quarter 2022 Revenue

EAST WINDSOR, N.J. , May 12, 2022 /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 announced the launch of HEVI Equipment, its new clean industrial heavy equipment brand.

Greenland Launches New HEVI Equipment Brand

EAST WINDSOR, N.J. , May 11, 2022 /PRNewswire/ -- Greenland Technologies Holding Corporation (NASDAQ: GTEC) ("Greenland"), a technology developer and manufacturer of electric industrial vehicles and drivetrain systems for material handling machineries and vehicles, today announced that it will report its unaudited financial results for the first quarter ended March 31, 2022 on Monday, May 16, 2022, before the U.S. market opens.

Greenland Technologies to Report First Quarter 2022 Unaudited Financial Results on Monday, May 16, 2022

Greenland Technologies Holding Corporation's (GTEC) CEO Raymond Wang on Q4 2021 Results - Earnings Call Transcript

-          48% Increase in FY21 Revenue to $98.8 Million Compared to FY20 -          14% Increase in FY21 Net Income to $7.3 Million Compared to FY20 -          Cash Balance Nearly Doubles to $17.8 Million -          Company Expects Continued Growth in 2022 as Production Ramps EAST WINDSOR, N.J., March 28, 2022 /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 announced its unaudited financial results for the fourth quarter and full year ended December 31, 2021.

Greenland Technologies Reports Fourth Quarter and Full Year 2021 Unaudited Financial Results

EAST WINDSOR, N.J., March 21, 2022 /PRNewswire/ -- Greenland Technologies Holding Corporation (NASDAQ: GTEC) ("Greenland"), a technology developer and manufacturer of electric industrial vehicles and drivetrain systems for material handling machineries and vehicles, today announced that it will report its unaudited financial results for the fourth quarter and full year ended December 31, 2021 on Monday, March 28, 2022, before the U.S. market opens.

Greenland Technologies to Report Fourth Quarter and Full Year 2021 Unaudited Financial Results on Monday, March 28, 2022

EAST WINDSOR, N.J., March 8, 2022 /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 announced it entered into an exciting new strategic partnership agreement with Princeton NuEnergy Inc. ("PNE"), a technology developer focused on developing innovative and sustainable second-life battery solutions and closed-loop lithium-ion battery recycling.

Greenland Enters Exciting New Strategic Partnership Agreement with Princeton NuEnergy for the Recycling of Lithium-ion Batteries

EAST WINDSOR, N.J., Feb. 18, 2022 /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 announced that it will present at Aegis Capital Corp.'s Virtual Conference on Friday, February 25, 2022.

Greenland to Present at Aegis Capital's Virtual Investor Conference

EAST WINDSOR, N.J., Feb. 17, 2022 /PRNewswire/ -- Greenland Technologies Holding Corporation (NASDAQ: GTEC) ("Greenland" or the "Company") today announced the launch of its latest innovative industrial vehicle, the GEX-8000 Industrial Electric Excavator.

Greenland Launches Innovative GEX-8000 Electric Industrial Excavator

EAST WINDSOR, N.J., Jan. 25, 2022 /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 announced the formal selection of Maryland for the next phase of the Company's major U.S. manufacturing expansion.

Greenland Announces Formal Selection of Maryland for Major U.S. Manufacturing Expansion

Greenland Technologies Holding Corp (NASDAQ: GTEC) signed a new distribution agreement with a minimum potential market value of $5 million to $8.4 million. Under the agreement, Greenland's distribution partner, Elive Maroc S.A.R.L.

Greenland Inks Distribution Deal To Sell Industrial EVs In Morocco

EAST WINDSOR, N.J., Jan. 21, 2022 /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 announced it has signed a new distribution agreement with a minimum potential market value of $5 million to $8.4 million.

Greenland Signs $5M-$8.4M Potential Minimum Value Distribution Agreement to Sell its Industrial Electric Vehicles in Morocco

EAST WINDSOR, N.J., Jan. 13, 2022 /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 announced that it will present at Baird's upcoming 2022 Vehicle Technology & Mobility Conference being held virtually on Tuesday, January 25, 2022.

Greenland to Present at the Baird 2022 Vehicle Technology & Mobility Virtual Conference

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The company has a market valuation of below $90 million despite generating annual sales of around $100 million as well as net profits of some $13 million.

Greenland Technologies Is Betting On Electric Forklifts And Looks Cheap

The stock price of Greenland Technologies Holding Corp (NASDAQ: GTEC) increased by 18.2% in the most recent trading session. This is why it happened.

Greenland Technologies (GTEC) Stock: Why The Price Jumped

EAST WINDSOR, N.J., Nov. 22, 2021 /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 announced that it will present at the upcoming Sequire Cleantech & Electric Vehicle Investor Conference to be held virtually on December 6, 2021.

Greenland to Present at Sequire Cleantech & Electric Vehicle Investor Conference

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EAST WINDSOR, N.J., Nov. 19, 2021 /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 announced the launch of its second, zero operating emissions, electric industrial vehicle line, the GEL-1800 Electric Loader.

Greenland Launches 2nd Electric Industrial Vehicle Line: The GEL-1800 Electric Wheeled Front Loader

Greenland Technologies Holding Corporation's (GTEC) CEO Raymond Wang on Q3 2021 Results - Earnings Call Transcript

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