Highest-materiality recent filing
Greenland Technologies Q2 revenue up 37.6% to $29.9M; net income $4.9M vs loss
Q2 revenue $29.9M, +37.6% YoY; sales volume 53,243 sets, +24.1%.
Greenland Technologies receives Nasdaq bid price deficiency notice; share price below $1.00
Nasdaq notified Greenland Technologies on March 12, 2026 of bid price deficiency for 30 consecutive business days.
Greenland Tech raises $6.1M in follow-on offering; shareholders approve dual-class voting structure
5,083,330 units sold at $1.20/unit for ~$6.1M gross; warrants exercisable at $1.20 for 3 years.
Greenland Q1 revenue down 4.6% to $21.68M but EPS up 61% to $0.29
Revenue $21.68M (-4.6% YoY); gross margin expands 580 bps to 30.7%.
Greenland Technologies terminates planned spin-off of drivetrain systems segment
Board unanimously approved termination of spin-off plan on June 28, 2024, reversing the February 14, 2024 announcement.
Greenland Technologies hit with derivative suit seeking $38M+ damages and spin-off injunction
Derivative action filed Apr. 26 in NJ federal court against all directors, CEO, and controlling shareholder Cenntro Holding.
Spin-off of drivetrain systems segment to create two independent companies: pure-play HEVI industrial EV business and drivetrain systems on OTC market.
GTEC raises $10M in registered direct and private placement
Gross proceeds ~$10M from 1.25M shares at $4.17/shr plus pre-funded and common warrants.
Greenland Tech Q2 revenue up 70% to $28.2M, net income up 114% to $3.2M, raises FY guidance
Q2 2021 revenue $28.2M, up 70.1% YoY; net income $3.2M, up 114.2% YoY.
On April 17, 2025, the Company’s board of directors (the “Board”) appointed Ms. Chenyang Wang as the Company’s acting chief financial officer, with effect from April 18, 2025.
On April 18, 2025, Mr. Jing Jin, the chief financial officer of Greenland Technologies Holding Corporation, a business company formed in the British Virgin Islands (the “Company”), resigned as the chief financial officer of the Company, effective April 18, 2025.
Max materiality 0.75 · Median 0.60 · Most common event other_material