secwatch.observer — SEC 8-K summary
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Issuer:     Greenland Technologies Holding Corp. (GTEC)
CIK:        0001735041
Form:       8-K
Filed at:   2021-08-11T23:59:59+00:00
Accession:  0001213900-21-041723
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Greenland Tech Q2 revenue up 70% to $28.2M, net income up 114% to $3.2M, raises FY guidance
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- Q2 2021 revenue $28.2M, up 70.1% YoY; net income $3.2M, up 114.2% YoY.
- EPS $0.26 per diluted share, up 100% from $0.13 in Q2 2020.
- Full-year 2021 revenue guidance raised to $90M-$100M from prior $80M-$90M.
- Transmission products sold 42,046 units, up 43.6% YoY; gross margin improved 280 bps to 20.2%.
- Launched GEF-series lithium forklifts; deliveries start Sept 2021; strategic partnership with Shandong Zhongcha.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1735041/000121390021041723/0001213900-21-041723-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1735041/000121390021041723/ea145538-8k_greenlandtech.htm
  HTML page:      https://secwatch.observer/filing/0001213900-21-041723

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer