Greenland Technologies Holding Corporation (Nasdaq: GTEC) Fiscal Full Year 2024 Results - Net income surges to $15.15M, up from a $25.02M loss in 2023 - Earnings per share: $1.03, compared to a loss of $1.20 last year - Operating expenses down 28% YoY to $9.9M; operating income up 17% to $12.59M These results highlight our commitment to cost efficiency and profitability, delivering strong financial performance and long-term value for shareholders. Details: https://lnkd.in/esNyW6Jd #GTEC #Innovation
Greenland Technologies Holding Corporation
Machinery Manufacturing
East Windsor, New Jersey 1,168 followers
Developing clean and sustainable machinery and technologies for the global industrial market.
About us
Greenland Technologies Holding Corp (NASDAQ: GTEC) is a leading developer and manufacturer of electric industrial vehicles and drivetrain systems for material handling vehicles.
- Website
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https://gtec-tech.com
External link for Greenland Technologies Holding Corporation
- Industry
- Machinery Manufacturing
- Company size
- 201-500 employees
- Headquarters
- East Windsor, New Jersey
- Type
- Public Company
- Founded
- 2006
- Specialties
- electric vehicles, industrial vehicles, and manufacturing
Locations
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Primary
50 Millstone Rd
East Windsor, New Jersey 08512, US
Employees at Greenland Technologies Holding Corporation
Updates
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Greenland Technologies Holding Corporation reposted this
⚡️ From residential to industrial worksites, HEVI has the perfect charging solution for your needs! Our versatile chargers are designed to work in any environment, keeping your electric equipment powered up wherever you are. 🏗️🔋 Explore our wide range of chargers here: https://lnkd.in/eNHQ9j-c #HEVIcharging #ElectricHeavyEquipment #PowerSolutions #SustainableEnergy #GreenTech #ConstructionTech #FlexibleCharging #EcoFriendlyEquipment
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Greenland Technologies Holding Corporation reposted this
🔋 The Future of Heavy Equipment is Electric 🔋 Transitioning to electric heavy equipment like the HEVI H65L isn’t just about going green—it’s about maximizing efficiency, reducing costs, and improving operational safety. The H65L offers up to 9 hours of continuous operation with zero emissions, making it ideal for both indoor and outdoor applications. Plus, with fewer moving parts, it requires less maintenance, saving you time and money. Ready to reduce your carbon footprint while boosting productivity? Learn more about the H65L at: 👉 Visit: https://zurl.co/oMYWO #SustainableFuture #ElectricEquipment #Efficiency
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Greenland Technologies Holding Corporation reposted this
Operator safety is HEVI’s top priority! With construction noise levels reaching 120dB, it’s time for a safer, quieter work environment. HEVI’s innovative solutions are leading the charge in noise reduction, ensuring safer, more comfortable worksites. Want to learn more? Visit HEVI today: https://gethevi.com #HEVI #SafetyInnovation #NoiseReduction #OperatorSafety #ConstructionEquipment
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Greenland Technologies Holding Corporation reposted this
Innovation meets practicality on the job site! 🚜⚡ Our fully electric HEVI H55L Wheel Loader is powered by the Ford F-150 Lightning using our HEVI charger, keeping operations moving with zero emissions—anywhere the job takes us. This setup demonstrates the versatility of electric construction equipment, making it easier to stay productive and sustainable, even off the grid. 🌍 Discover how HEVI is leading the way in sustainable construction: https://gethevi.com/ #ElectricConstruction #Sustainability #EV #ConstructionInnovation #HEVI #FordF150Lightning #HeavyEquipment #GreenEnergy #ZeroEmissions
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Greenland Reports 75.3% Increase in Net Income for First Nine Months of 2024 · Operating Expenses Decrease 15.6% for the First Nine Months of 2024 Compared to the First Nine Months of 2023 · Strong Balance Sheet with Cash and Restricted Cash Balance of $20.72 Million After Repaying $9.25 Million in Loans · Continues to Execute on Growth Strategy with Significant Expansion of Product Roadmap and Strategic Partner Distribution, Sales and Support Ecosystem CEO, Raymond Wang - "Our team continues to execute on our growth strategy with significant expansion of our product roadmap, and our strategic partner distribution, sales and support ecosystem. This includes launching our game changing all electric vehicle, model H65L, which was the largest electric wheel loader available in North America at launch." Full Press Release: https://lnkd.in/eTTR9s34
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Greenland Technologies Holding Corporation reposted this
Great to be at the Spartan Capital Investor Conference to present Greenland Technologies Holding Corporation' latest advancements in electric industrial vehicles. Thanks to Spartan Capital Securities, LLC for bringing together a strong network of investors and professionals focused on sustainable tech. Looking forward to building on the connections made here. #SpartanCapitalConference #GreenlandTechnologies #ElectricVehicles #SustainableTechnology #Innovation #CapitalMarkets #IndustrialTech #CleanEnergy #InvestorNetworking #FutureOfIndustry
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Greenland Technologies Holding Corporation (NASDAQ: GTEC) will be attending the Spartan Capital Securities, LLC Investor Conference 2024 on November 4th at The Pierre Hotel in New York City. Thank you to Spartan Capital for hosting—we’re excited to join.
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Greenland Technologies Holding Corporation reposted this
We’re excited to announce that HEVI will be at the American Association of Port Authorities' Annual Convention from October 27-30 in Boston, MA! Come visit our team at booth 110 to learn about the latest in electric heavy equipment. Learn more: https://lnkd.in/ekwKjqWu #AAPA2024 #PortElectrification
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