Greenland Technologies Holding Corporation (GTEC)
NASDAQ (CM) NASDAQ (CM) Primary Summary
Greenland Energy (GLND) CEO: "Look Beyond the Strait of Hormuz" for Crude Oil
Robert Price, CEO of Greenland Energy (GLND), joins Trading 360 after the company began public trading this week. He says the U.S. and European allies need to "look beyond the Strait of Hormuz" for crude oil as his company begins to drill oil wells in Greenland.
80 Mile sees Jameson boost from Greenland Energy Company float
80 Mile PLC (AIM:80M, OTCQB:BLLYF) shares climbed, rising around 10% to 1.23p, as the helium firm's Jameson project saw an implied valuation of some $148 million, as partner Greenland Energy Company began trading on NASDAQ (under the ticker GLND). GLND ended its debut day, Thursday 26 March, with a market capitalisation of US$345 million.
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Greenland Technologies Holding Corporation Profile
| Machinery Industry | Industrials Sector | Raymond Z. Wang CEO | NASDAQ (CM) Exchange | G4095T107 CUSIP |
| US Country | 345 Employees | - Last Dividend | - Last Split | 8 Aug 2018 IPO Date |
Overview
Greenland Technologies Holding Corporation is an innovative company focused on the development, manufacture, and sale of transmission products primarily for material handling machinery. Established in 2006 and based in East Windsor, New Jersey, the company plays a crucial role in providing essential components for the logistics and manufacturing sectors within the People's Republic of China. Greenland Technologies aims to enhance the efficiency and functionality of forklift trucks used in various high-demand environments like factories, warehouses, and ports. With its commitment to R&D, the corporation is also expanding its contributions towards sustainable solutions by developing powertrains and electric industrial vehicles, marking its entry into the green energy market.
Products and Services
- Transmission Products for Forklift Trucks
These are core components of Greenland Technologies’ offerings, designed to meet the demanding requirements of forklift trucks in manufacturing and logistic applications. The transmission products are engineered for essential tasks in factories, workshops, warehouses, fulfillment centers, shipyards, and seaports, providing reliability and efficiency in material handling operations.
- Powertrains Development
As part of its innovation drive, Greenland Technologies is involved in the research and development of powertrains, showcasing a commitment to advancing the technological capabilities of industrial vehicles. This initiative is focused on creating more energy-efficient and environmentally friendly options for the machinery and logistics sectors.
- Electric Industrial Vehicles
Expanding its product portfolio to include electric industrial vehicles signifies Greenland Technologies' move towards sustainable solutions. These vehicles are designed to offer a green alternative to traditional combustion-engine driven machinery, aligning with global trends towards reducing carbon emissions and promoting eco-friendly industrial practices.
