Greenland Technologies Holding Corporation, through its subsidiaries, develops and manufactures transmission and drivetrain systems for material handling machineries and electric vehicles, and electric industrial vehicles in the People's Republic of China and internationally. The company offers transmission products for forklift trucks that are used in manufacturing and logistic applications, such as factories, workshops, warehouses, fulfillment centers, shipyards, and seaports. It also develops robotic cargo carriers. Greenland Technologies Holding Corporation has a strategic partnership with Shandong Zhongcha Heavy Industry Machinery Co. to launch a lithium battery forklift. The company was founded in 2006 and is based in Hangzhou, the People's Republic of China.
IPO Year: 2018
Exchange: NASDAQ
Website: gtec-tech.com
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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 dealer model will build upon HEVI's successful Authorized Service Provider (ASP) program, and the Company's latest product launches of two new game-changing all electric vehicles, model H65L and model H55L front wheel loaders. Raymond Wang, CEO of HEVI, commented, "Simply put, we needed
EAST WINDSOR, N.J., May 9, 2023 /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 appointment of Dana Hopkins as the Chief Operating Officer (the "COO") of HEVI Corp., a wholly owned subsidiary of Greenland, effective March, 2023. As the COO, Mr. Hopkins reports to CEO Raymond Wang and leads the development of service and sales processes as well as operational tasks. GTEC) (PRNewsfoto/Greenland Technologies Hol
Revenue for the First Nine Months of 2024 of $64.57 Million, Decreases Slightly from $67.56 Million in First Nine Months of 2023Operating Expenses Decrease 15.6% for the First Nine Months of 2024 Compared to the First Nine Months of 2023Strong Balance Sheet with Cash and Restricted Cash Balance of $20.72 Million After Repaying $9.25 Million in LoansContinues to Execute on Growth Strategy with Significant Expansion of Product Roadmap and Strategic Partner Distribution, Sales and Support EcosystemEAST WINDSOR, N.J., Nov. 14, 2024 /PRNewswire/ -- Greenland Technologies Holding Corporation (NASDAQ:GTEC) ("Greenland," "we," "our," "us," or the "Company"), a technology developer and manufacturer
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 dealer model will build upon HEVI's successful Authorized Service Provider (ASP) program, and the Company's latest product launches of two new game-changing all electric vehicles, model H65L and model H55L front wheel loaders. Raymond Wang, CEO of HEVI, commented, "Simply put, we needed
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 loader is the largest electric wheel loader available in North America today. As with all HEVI products, customers can expect the same reliable performance they demand with fewer costs and zero emissions, as the H65L all electric loader delivers maximum productivity with minimal environmental impact.
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's newest electric wheel loader is purpose-designed to combine robust performance with eco-friendly operation, featuring advanced electric technology to deliver efficiency and reliability while minimizing emissions and operating costs. With fewer components, no diesel and no diesel exhaust fluid (DEF), HEVI expects its all-electric wheeled front loader can save customers by materially reducing diesel
Drives Gross Margin Stability and Expense ReductionsIntroduces Incentives to Accelerate Electric Industrial Vehicle PurchasesTerminates Planned Spin off its Drivetrain Systems SegmentEAST WINDSOR, N.J., Aug. 15, 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 announced its unaudited financial results for the second quarter and six months ended June 30, 2024. Raymond Wan
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 purchases like automobiles, as well as commercial equipment including heavy construction, agriculture and forestry equipment. With more than 30 years of equipment protection expertise, Assurant is a market leader in protection products for the commercial equipment industry, providing a
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 be able to take advantage of a streamlined, specialized financing program for the purchase of HEVI's all-electric heavy equipment. The Company believes that financing the purchase of HEVI's all-electric heavy equipment offers several advantages, such as better cost management, tax benef
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 Holdings Limited ("Lonking", Hong Kong Stock Market ticker 3339.hk), one of the world's largest construction machinery manufacturers with full year 2023 reported sales of approximately US$1.5 billion, today announced a strategic partnership aimed at revolutionizing the heavy machinery industry in the United States. The collaboration will see the two companies combining their expertise to develop cutting
Drives Year-over-Year Revenue Growth and Gross Margin ExpansionAchieves Major Milestone with Sales to Maryland's Port of BaltimoreAccelerates Expansion of the HEVI Authorized Service Provider (ASP) National NetworkEAST WINDSOR, N.J., May 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, today announced its unaudited financial results for the first quarter ended March 31, 2024.
EAST WINDSOR, N.J., April 23, 2024 /PRNewswire/ -- HEVI Corp. ("HEVI" or the "Company"), a manufacturer of all-electric heavy construction and farming machinery, today announced the Port Authority of New York and New Jersey has agreed to purchase the Company's HEVI GEL-5000 all-electric front loader. This is another important purchase order and reflects the ongoing electrification of key industrial and commerce centers as they target reduced costs and increased operating efficiencies. Raymond Wang, CEO of HEVI, commented, "Our team is thrilled about the recent sale to the Port
Aegis Capital initiated coverage of Greenland Technologies with a rating of Buy and set a new price target of $14.00
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Gainers Zoomcar Holdings (NASDAQ:ZCAR) stock moved upwards by 121.4% to $0.47 during Thursday's pre-market session. The company's market cap stands at $30.2 million. Greenwave Tech Solns (NASDAQ:GWAV) shares rose 52.28% to $0.12. The market value of their outstanding shares is at $18.0 million. As per the news, the Q1 earnings report came out 3 days ago. Expion360 (NASDAQ:XPON) shares increased by 14.36% to $1.99. The company's market cap stands at $14.8 million. Nuburu (AMEX:BURU) stock rose 8.38% to $0.15. The market value of their outstanding shares is at $5.9 million. Volato Group (AMEX:SOAR) stock increased by 8.21% to $1.58. The company's market cap stands at $46.2 million. Cadel
Greenland Technologies (NASDAQ:GTEC) reported quarterly earnings of $0.18 per share which beat the analyst consensus estimate of $0.03 by 500 percent. The company reported quarterly sales of $22.724 million which missed the analyst consensus estimate of $23.000 million by 1.20 percent. This is a 2.59 percent increase over sales of $22.149 million the same period last year.
Gainers Ryde Group (AMEX:RYDE) shares moved upwards by 73.9% to $4.75 during Wednesday's regular session. The market value of their outstanding shares is at $90.7 million. CEA Industries (NASDAQ:CEAD) shares moved upwards by 26.6% to $0.62. The company's market cap stands at $5.0 million. Beam Glb (NASDAQ:BEEM) stock moved upwards by 14.31% to $6.31. The company's market cap stands at $89.8 million. The company's, Q4 earnings came out yesterday. Agrify (NASDAQ:AGFY) shares increased by 14.23% to $0.34. The company's market cap stands at $4.6 million. The company's, Q4 earnings came out 2 days ago. Freight Technologies (NASDAQ:FRGT) shares increased by 13.39% to $0.98. The market value o
Gainers Agrify (NASDAQ:AGFY) stock increased by 65.9% to $0.49 during Wednesday's pre-market session. The company's market cap stands at $6.7 million. As per the news, the Q4 earnings report came out 2 days ago. Pineapple Energy (NASDAQ:PEGY) shares moved upwards by 11.55% to $0.05. The market value of their outstanding shares is at $3.4 million. Complete Solaria (NASDAQ:CSLR) shares rose 10.98% to $0.29. The company's market cap stands at $14.4 million. Nature's Miracle Holding (NASDAQ:NMHI) shares moved upwards by 9.67% to $1.02. The market value of their outstanding shares is at $26.8 million. Beam Glb (NASDAQ:BEEM) shares moved upwards by 8.51% to $5.99. The company's market cap sta
Gainers Ideanomics (NASDAQ:IDEX) shares moved upwards by 5.0% to $0.84 during Tuesday's after-market session. The company's market cap stands at $10.0 million. Sentage Hldgs (NASDAQ:SNTG) shares rose 4.81% to $1.96. The company's market cap stands at $5.4 million. United Airlines Holdings (NASDAQ:UAL) shares moved upwards by 4.74% to $43.49. The company's market cap stands at $14.2 billion. As per the news, the Q1 earnings report came out today. Mesa Air Gr (NASDAQ:MESA) stock moved upwards by 2.63% to $0.82. The company's market cap stands at $33.6 million. Smart Powerr (NASDAQ:CREG) stock rose 2.56% to $1.2. The market value of their outstanding shares is at $9.5 million. As per the p
The most oversold stocks in the industrials sector presents an opportunity to buy into undervalued companies. The RSI is a momentum indicator, which compares a stock's strength on days when prices go up to its strength on days when prices go down. When compared to a stock's price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the RSI is below 30, according to Benzinga Pro. Here’s the latest list of major oversold players in this sector, having an RSI near or below 30. AAR Corp. (NYSE:AIR) On March 21, AAR reported mixed third-quarter financial results. "During the quarter, we drove 18% sales gro
Company Drives Year-over-Year Revenue Growth and Gross Margin ExpansionStrengthens Balance Sheet with 90% YoY Increase in Cash and Cash EquivalentsCompany Optimistic about Outlook, with Growth Led by Key Strategic Initiatives Including its Winning Port of Baltimore Bid, and Newly Launched HEVI Approved Service Provider Network Program EAST WINDSOR, N.J., Nov. 20, 2023 /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 third quarter and nine mo
EAST WINDSOR, N.J., Nov. 17, 2023 /PRNewswire/ -- Greenland Technologies Holding Corporation (NASDAQ:GTEC) ("Greenland" or the "Company") today announced that it will hold a conference call on Monday, November 20, 2023 at 8:00 a.m. U.S. Eastern Time to discuss the Company's third quarter 2023 results and business outlook. Participant Registration: Investors and analysts interested in participating in Greenland's third quarter 2023 earnings call need to register in advance using the URL provided below. Conference access information will be provided upon registration. Participa
EAST WINDSOR, N.J., Nov. 17, 2023 /PRNewswire/ -- Greenland Technologies Holding Corporation (NASDAQ:GTEC) ("Greenland" or the "Company") today announced that it will hold a conference call on Monday, November 20, 2023 at 8:00 a.m. U.S. Eastern Time to discuss the Company's third quarter 2023 results and business outlook. Participant Registration: Investors and analysts interested in participating in Greenland's third quarter 2023 earnings call need to register in advance using the URL provided below. Conference access information will be provided upon registration. Partic
- 2Q23 Revenue Increased 14% Year-over-Year- 2Q23 Gross Margin Improved 590 Basis Points Year-over-Year- 2Q23 Net Income Increased 24% Year-over-Year- Cash and Cash Equivalents Grew 373% Year-over-Year to $15.2 Million EAST WINDSOR, N.J., Aug. 21, 2023 /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 and first half ended June 30, 2023.
EAST WINDSOR, N.J., Aug. 18, 2023 /PRNewswire/ -- Greenland Technologies Holding Corporation (NASDAQ:GTEC) ("Greenland" or the "Company") today announced that it will hold a conference call on Monday, August 21, 2023 at 4:30 p.m. U.S. Eastern Time to discuss the Company's second quarter and first half 2023 results and business outlook. Participant Registration: Investors and analysts interested in participating in Greenland's second quarter and first half 2023 earnings call need to register in advance using the URL provided below. Conference access information will be provided
- 1Q23 Gross Margin Improves 320 Basis Points Year-over-Year- Cash and Cash Equivalents Rises 125% Year-over-Year to $15.4 Million EAST WINDSOR, N.J., May 19, 2023 /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, 2023. GTEC) (PRNewsfoto/Greenland Technologies Holding Corporation)" alt="Greenland Technologies (NASDAQ:GTEC) (PRNewsfoto/Greenland
EAST WINDSOR, N.J., May 16, 2023 /PRNewswire/ -- Greenland Technologies Holding Corporation (NASDAQ:GTEC) ("Greenland" or the "Company") today announced that it will hold a conference call on Friday, May 19, 2023 at 8:00 a.m. U.S. Eastern Time to discuss the Company's first quarter 2023 results and business outlook. GTEC) (PRNewsfoto/Greenland Technologies Holding Corporation)" alt="Greenland Technologies (NASDAQ:GTEC) (PRNewsfoto/Greenland Technologies Holding Corporation)"> Participant Registration: Investors and analysts interested in participating in Greenland's first quart
4Q22 Gross Margin Rises 380 Basis Points Year over YearFY22 Gross Margin Rises 200 Basis Points Year over YearCash Balance Rises 47% to $16.3 Million as of End-22EAST WINDSOR, N.J., March 30, 2023 /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, 2022. GTEC) (PRNewsfoto/Greenland Technologies Holding Corporation)" alt="Greenland
EAST WINDSOR, N.J., March 23, 2023 /PRNewswire/ -- Greenland Technologies Holding Corporation (NASDAQ:GTEC) ("Greenland" or the "Company") today announced that it will hold a conference call on Thursday, March 30, 2023 at 8:00 a.m. U.S. Eastern Time to discuss the Company's fourth quarter and full year 2022 results and business outlook. Participant Registration: Investors and analysts interested in participating in Greenland's fourth quarter and full year 2022 earnings call need to register in advance using the URL provided below. Conference access information will be provided
-3Q22 Net Income Increases 67% Compared to 3Q21 EAST WINDSOR, N.J., Nov. 9, 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 third quarter ended September 30, 2022. GTEC) (PRNewsfoto/Greenland Technologies Holding Corporation)" alt="Greenland Technologies (NASDAQ:GTEC) (PRNewsfoto/Greenland Technologies Holding Corporation)">