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    Amendment: SEC Form SCHEDULE 13D/A filed by Greenland Technologies Holding Corporation

    6/12/25 4:19:05 PM ET
    $GTEC
    Industrial Machinery/Components
    Industrials
    Get the next $GTEC alert in real time by email



    SECURITIES AND EXCHANGE COMMISSION
    Washington, D.C. 20549


    SCHEDULE 13D

    Under the Securities Exchange Act of 1934

    (Amendment No. 5)


    Greenland Technologies Holding Corp

    (Name of Issuer)


    Ordinary Shares, no par value

    (Title of Class of Securities)


    G4095T107

    (CUSIP Number)


    PETER ZUGUANG WANG
    11-F, Building #12, Sunking Plaza,, Gaojiao Road Hangzhou,
    Zhejiang, F4, 311122
    732-407-7508

    (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
    06/10/2025

    (Date of Event Which Requires Filing of This Statement)


    If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. Checkbox not checked

    The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).






    SCHEDULE 13D

    CUSIP No.
    G4095T107


    1 Name of reporting person

    Trendway Capital Limited
    2Check the appropriate box if a member of a Group (See Instructions)

    Checkbox checked  (a)
    Checkbox not checked  (b)
    3SEC use only
    4 Source of funds (See Instructions)

    OO
    5 Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

    Checkbox not checked
    6Citizenship or place of organization

    HONG KONG
    Number of Shares Beneficially Owned by Each Reporting Person With:
    7Sole Voting Power

    0.00
    8Shared Voting Power

    6,011,740.00
    9Sole Dispositive Power

    0.00
    10Shared Dispositive Power

    6,011,740.00
    11Aggregate amount beneficially owned by each reporting person

    6,011,740.00
    12Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

    Checkbox not checked
    13Percent of class represented by amount in Row (11)

    34.56 %
    14Type of Reporting Person (See Instructions)

    CO

    Comment for Type of Reporting Person:
    * Represents the number of ordinary shares to be directly held by Trendway Capital Limited, which is directly and wholly owned by Peter Zuguang Wang, the chairman of the board of directors of the Issuer, upon the completion of the Share Transfer (as defined below). ** The beneficial ownership percentage is calculated based on 17,394,226 ordinary shares of the Issuer issued and outstanding as of the date of this filing.


    SCHEDULE 13D

    CUSIP No.
    G4095T107


    1 Name of reporting person

    Peter Zuguang Wang
    2Check the appropriate box if a member of a Group (See Instructions)

    Checkbox checked  (a)
    Checkbox not checked  (b)
    3SEC use only
    4 Source of funds (See Instructions)

    OO
    5 Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

    Checkbox not checked
    6Citizenship or place of organization

    UNITED STATES
    Number of Shares Beneficially Owned by Each Reporting Person With:
    7Sole Voting Power

    2,500.00
    8Shared Voting Power

    6,011,740.00
    9Sole Dispositive Power

    2,500.00
    10Shared Dispositive Power

    6,011,740.00
    11Aggregate amount beneficially owned by each reporting person

    6,014,240.00
    12Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

    Checkbox not checked
    13Percent of class represented by amount in Row (11)

    34.58 %
    14Type of Reporting Person (See Instructions)

    IN

    Comment for Type of Reporting Person:
    * Represents 2,500 ordinary shares directly held by Peter Zuguang Wang. ** Represents 6,011,740 ordinary shares to be directly held by Trendway Capital Limited, which is directly and wholly owned by Peter Zuguang Wang, the chairman of the board of directors of the Issuer, upon the completion of the Share Transfer (as defined below). *** The beneficial ownership percentage is calculated based on 17,394,226 ordinary shares of the Issuer issued and outstanding as of the date of this filing.


    SCHEDULE 13D

    Item 1.Security and Issuer
    (a)Title of Class of Securities:

    Ordinary Shares, no par value
    (b)Name of Issuer:

    Greenland Technologies Holding Corp
    (c)Address of Issuer's Principal Executive Offices:

    50 Millstone Road, Building 400, Suite 130, East Windsor, NEW JERSEY , X108512.
    Item 2.Identity and Background
    (a)
    This Schedule 13D is jointly filed by Trendway Capital Limited and Peter Zuguang Wang. Because Peter Zuguang Wang is the sole shareholder of Trendway Capital Limited (with Trendway Capital Limited and Peter Zuguang Wang hereinafter referred to as the "Controlling Persons"), the Controlling Persons may be deemed, pursuant to Rule 13d-3 of the Act, to be the beneficial owners of all of the ordinary shares held by Trendway Capital Limited. Each of the persons identified in this Schedule 13D is sometimes referred to as a "Reporting Person" and, collectively, as the "Reporting Persons." Each of the Reporting Persons is a party to that certain Joint Filing Agreement attached hereto as Exhibit 99.1. The principal place of business for each of the Reporting Persons is 11-F, Building #12, Sunking Plaza, Gaojiao Road, Hangzhou, Zhejiang, China, 311122.
    (b)
    This Schedule 13D is jointly filed by Trendway Capital Limited and Peter Zuguang Wang. Because Peter Zuguang Wang is the sole shareholder of Trendway Capital Limited (with Trendway Capital Limited and Peter Zuguang Wang hereinafter referred to as the "Controlling Persons"), the Controlling Persons may be deemed, pursuant to Rule 13d-3 of the Act, to be the beneficial owners of all of the ordinary shares held by Trendway Capital Limited. Each of the persons identified in this Schedule 13D is sometimes referred to as a "Reporting Person" and, collectively, as the "Reporting Persons." Each of the Reporting Persons is a party to that certain Joint Filing Agreement attached hereto as Exhibit 99.1. The principal place of business for each of the Reporting Persons is 11-F, Building #12, Sunking Plaza, Gaojiao Road, Hangzhou, Zhejiang, China, 311122.
    (c)
    The principal occupation of Peter Zuguang Wang is to serve as chairman of the Board of Directors of the Issuer. The principal business of Trendway Capital Limited is to be a shareholder of the Issuer.
    (d)
    During the last five years, none of the Reporting Persons have been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors).
    (e)
    During the last five years, none of the Reporting Persons have been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and, as a result of such proceeding, were or are subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.
    (f)
    Trendway Capital Limited is organized under the laws of Hong Kong. Peter Zuguang Wang is a citizen of the United States.
    Item 3.Source and Amount of Funds or Other Consideration
     
    On April 2, 2025, Cenntro Holding Limited and Trendway Capital Limited entered into a stock purchase agreement, pursuant to which Cenntro Holding Limited sold all 6,211,740 ordinary shares of the Issuer it owned to Trendway Capital Limited for USD $1.00. The 6,211,740 shares were transferred to Trendway Capital Limited on April 22, 2025. The source of funds for the purchase of the 6,211,740 shares was the funds of Trendway Capital Limited. On June 10, 2025, Trendway Capital limited entered into a stock transfer agreement, pursuant to which Trendway Capital Limited will transfer 200,000 ordinary shares (the "Shares") of the Issuer it owned to a non-affiliated party (the "Transferee") in consideration of services that have been fully received by Trendway Capital Limited from the Transferee (the "Share Transfer").
    Item 4.Purpose of Transaction
     
    Peter Zuguang Wang serves as chairman of the board of directors of the Issuer. In such capacities, Peter Zuguang Wang may engage in communications with the Issuer's Board of Directors, members of management, other shareholders, financial and legal advisers, and other parties regarding the Issuer, including but not limited to the Issuer's operations, governance and control. In addition, in these capacities, he may have influence over the corporate activities of the Issuer, including activities which may relate to items described in subparagraphs (a) through (j) of Item 4 of Schedule 13D. Except as set forth herein, Peter Zuguang Wang does not have any plans or proposals which relate to, or could result in, any of the matters referred to in paragraphs (a) through (j), inclusive, of the instructions to Item 4 of Schedule 13D. He may, at any time and from time to time, review or reconsider his position and/or change his purpose and/or formulate plans or proposals with respect thereto. Peter Zuguang Wang sold through Trendway Capital Limited beneficial ownership of the Shares for security holding purposes and intends to remain his holding in the Issuer on a continuing basis. Accordingly, he may acquire additional shares of the Issuer or sell or otherwise dispose of any or all of the shares that he beneficially owns to another holding entity.
    Item 5.Interest in Securities of the Issuer
    (a)
    Trendway Capital Limited will beneficially own 6,011,740 ordinary shares, which represents 34.56% of the Issuer's outstanding ordinary shares as of the date of this filing, upon the completion of the Share Transfer. Peter Zuguang Wang, who is sole shareholder of Trendway Capital Limited, may be deemed to beneficially own the ordinary shares held by Trendway Capital Limited. In addition, Peter Zuguang Wang directly owns 2,500 ordinary shares. Peter Zuguang Wang therefore will beneficially own 6,014,240 ordinary shares, which represents 34.58% of the Issuer's outstanding ordinary shares as of the date of this filing, upon the completion of the Share Transfer. The percentage of beneficial ownership of the Reporting Persons, as reported in this Schedule 13D, was calculated by dividing (i) the total number of ordinary shares to be beneficially owned by each Reporting Person as set forth in this Schedule 13D upon the completion of the Share Transfer by (ii) 17,394,226 ordinary shares outstanding as of the date of this filing.
    (b)
    Peter Zuguang Wang has sole voting and sole dispositive power over the 2,500 ordinary shares he directly holds. He has shared voting and shared dispositive power over the 6,011,740 ordinary shares he will hold through Trendway Capital Limited upon the completion of the Share Transfer. Trendway Capital Limited will have shared voting power and shared dispositive power over the 6,011,740 ordinary shares it will directly hold upon the completion of the Share Transfer.
    (c)
    To the best knowledge of the Reporting Persons, except as disclosed in this Schedule 13D, none of the Reporting Persons has effected any transactions relating to the ordinary shares during the past 60 days.
    (d)
    To the knowledge of the Reporting Persons, no person other than the Reporting Persons is known to have the right to receive, or the power to direct the receipt of dividends from, or proceeds from the sale of the ordinary shares.
    (e)
    N.A.
    Item 6.Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer
     
    The information set forth in Item 4 of this Schedule 13D is hereby incorporated by reference into this Item 6, as applicable. Other than the foregoing agreements and arrangements and the Joint Filing Agreement, there are no contracts, arrangements, understandings or relationships among the persons named in Item 2 hereof and between such persons and any person with respect to any securities of the Issuer.
    Item 7.Material to be Filed as Exhibits.
     
    Exhibit 99.1. Joint Filing Agreement

        SIGNATURE 
     
    After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

     
    Trendway Capital Limited
     
    Signature:/s/ Peter Wang
    Name/Title:Peter Wang/Sole Shareholder
    Date:06/12/2025
     
    Peter Zuguang Wang
     
    Signature:/s/ Peter Wang
    Name/Title:Peter Wang
    Date:06/12/2025
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