Greenland Technologies Holding Corporation

Earnings data Q4 2020

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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.

EAST WINDSOR, N.J., Nov. 4, 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 arrival of its innovative new zero emissions GEF-series EV forklift, one of the industry's first lithium powered EV forklift trucks.

Greenland Technologies Announces Arrival of New Zero Emissions GEF-Series Electric Lithium Forklifts; Deliveries to Commence in Earnest

EAST WINDSOR, N.J., Sept. 8, 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 it will present virtually to institutional investors at the H.C.

Greenland Technologies to Present at H.C. Wainwright 23rd Annual Global Investment Conference

Greenland Technologies Holding Corp (NASDAQ: GTEC) reported second-quarter FY21 revenue growth of 70.1% year-on-year to $28.2 million, beating the analyst consensus of $20.6 million. Significant sales volume increased from the continuously growing market demand, and the ability to boost supplies drove the growth.

Higher Forklift Demand Helped Greenland Clock 70% Q2 Revenue Growth, FY21 Guidance Hike

Greenland Technologies Holding Corporation (GTEC) CEO Raymond Wang on Q2 2021 Results - Earnings Call Transcript

EAST WINDSOR, N.J., Aug. 10, 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 its unaudited financial results for the second quarter ended June 30, 2021.

Greenland Technologies Holding Corporation Reports Second Quarter 2021 Unaudited Financial Results

EAST WINDSOR, N.J., Aug. 2, 2021 /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 release its unaudited financial results for the second quarter ended June 30, 2021 on Tuesday, August 10, 2021, before the U.S. market opens.

Greenland Technologies to Report Second Quarter 2021 Unaudited Financial Results on Tuesday, August 10, 2021

EAST WINDSOR, N.J., July 29, 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 innovative new GEF-series EV forklift, one of the industry's first lithium powered EV forklift trucks.

Greenland Technologies Launches New GEF-Series Electric Lithium Forklifts; Deliveries to Start in September

NEW YORK, NY / ACCESSWIRE / June 30, 2021 / Aegis Capital Corp. acted as Sole Bookrunner on a $7 Million Underwritten Public Offering of Ordinary Shares for Greenland Technologies Holding Corporation (NASDAQ:GTEC) About Greenland Technologies Holding Corporation Greenland Technologies Holding Corporation (NASDAQ:GTEC) is a developer and a manufacturer of drivetrain systems for material handling machineries and electric vehicles, as well as electric industrial vehicles. For more information visit www.gtec-tech.com.

Aegis Capital Corp. acted as Sole Bookrunner on a $7 Million Underwritten Public Offering of Ordinary Shares for Greenland Technologies Holding Corporation (NASDAQ: GTEC)

EAST WINDSOR, N.J., June 30, 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 closing of an underwritten public offering with gross proceeds to the Company of approximately $7.0 million, before deducting underwriting discounts and commissions and other estimated offering expenses payable by the Company.

Greenland Technologies Closes $7.0 Million Underwritten Public Offering of Ordinary Shares

EAST WINDSOR, N.J., June 28, 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 pricing of an underwritten public offering with gross proceeds to the Company expected to be approximately $7.0 million, before deducting underwriting discounts and commissions and other estimated offering expenses payable by the Company.

Greenland Technologies Prices $7.0 Million Underwritten Public Offering of Ordinary Shares

EAST WINDSOR, N.J., June 25, 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 intends to offer ordinary shares for sale in an underwritten public offering.

Greenland Technologies Announces Proposed Underwritten Public Offering of Ordinary Shares

EAST WINDSOR, N.J., June 25, 2021 /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 present at Nomura's Industrials & New Energy Day conference being held virtually on June 29-30.

Greenland Technologies to Present at Nomura's Industrials & New Energy Conference

Lithium Battery Forklift Available for Sale in the U.S. in July 2021 EAST WINDSOR, N.J., June 21, 2021 /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 a major strategic partnership with Shandong Zhongcha Heavy Industry Machinery Co. ("Shandong"), a multinational heavy machinery and automotive manufacturing company.

Greenland Technologies and Shandong Heavy Industry Announce Major Strategic Partnership

Greenland Technologies (GTEC) stock is heading higher on Wednesday following news about its new industrial electric vehicles (EVs). The post GTEC Stock: The News That Had Industrial EV Play Greenland Technologies Soaring Today appeared first on InvestorPlace.

GTEC Stock: The News That Had Industrial EV Play Greenland Technologies Soaring Today

The maker of industrial electric vehicles is letting customers book orders for new battery-powered heavy equipment.

Why Greenland Technologies Stock Popped Wednesday

The stock price of Greenland Technologies Holding Corp (NASDAQ: GTEC) increased by over 30% pre-market. This is why it happened.

GTEC Stock Price Increases Over 30% Pre-Market: Why It Happened

Customers Can Reserve an Industrial EV with a $250 Refundable Deposit Deliveries Expected to Start in Q3 2021 EAST WINDSOR, N.J., June 15, 2021 /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 the launch of an online EV pre-booking service for its new GEL-1800 1.8 ton Electric Loader and its GEX-8000 Electric Excavator.

Greenland Technologies Launches EV Pre-Booking

EAST WINDSOR, N.J., June 3, 2021 /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 present at the LD Micro Invitational XI Conference being held virtually June 8 to 10, 2021.

Greenland Technologies to Present at LD Micro Investor Conference

Greenland Technologies Holding Corporation (GTEC) Q1 2021 Results - Earnings Call Transcript

The stock price of Greenland Technologies Holding Corp (NASDAQ: GTEC) increased by over 15% pre-market. This is why it happened.

GTEC Stock: Over 15% Increase Pre-Market Explanation

-          First Quarter Revenue of $24.6 million, up 149.3% year over year -          First Quarter Net Income of $2.4 million, up 644.7% year over year EAST WINDSOR, N.J., May 12, 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 its unaudited financial results for the quarter ended March 31, 2021.

Greenland Technologies Holding Corporation Reports First Quarter 2021 Unaudited Financial Results

EAST WINDSOR, N.J., May 7, 2021 /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 first quarter 2021 unaudited financial results on Wednesday, May 12, 2021, before the U.S. market opens.

Greenland Technologies to Report First Quarter 2021 Unaudited Financial Results on Wednesday, May 12, 2021

EAST WINDSOR, N.J., April 13, 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 it will be showcasing its new GEL-1800 1.8 ton electric loader at the Hannover Messe 2021 Digital Expo from April 12-16, 2021.

Greenland to Showcase New GEL 1800 Electric Loader at Hannover Messe 2021 Digital Expo

EAST WINDSOR, N.J., April 12, 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 based on select preliminary results, which are subject to finalization, revenue for the first quarter of 2021 ended March 31, 2021 doubled compared to the same period a year ago, with low double digit growth expected compared to the fourth quarter of 2020 ended December 31, 2020.

Doubling of 1Q21 Revenue YoY Expected for Greenland Technologies

Highlights (Full Year 2020 compared to Full Year 2019) 27.6% Increase in Revenue 3.5% Expansion of Gross Profit 34% Increase in Selling Expenses to Drive Growth 19.6% Increase in Net Income Per Basic and Diluted Share on Nearly 2.1 Million Higher Year-Over-Year Share Count EAST WINDSOR, N.J., March 30, 2021 /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 audited results for the full year 2020 ended December 31, 2020.

News for Greenland Technologies Holding Corporation Stock (GTEC)