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Greenland Technologies Holding Corp - GTEC STOCK NEWS

Welcome to our dedicated news page for Greenland Technologies Holding (Ticker: GTEC), a resource for investors and traders seeking the latest updates and insights on Greenland Technologies Holding.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Greenland Technologies Holding's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Greenland Technologies Holding's position in the market.

News
Port Authority of New York and New Jersey to Purchase HEVI's GEL-5000 Electric Front Loader
Rhea-AI Summary
HEVI Corp. announces that the Port Authority of New York and New Jersey will purchase their HEVI GEL-5000 Electric Front Loader. This purchase signifies the continued trend towards electrification in industrial and commerce centers for cost reduction and efficiency. CEO Raymond Wang expresses enthusiasm for the new order.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.81%
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Greenland Technologies Completes Initial Sales Delivery to Maryland's Port of Baltimore
Rhea-AI Summary
Greenland Technologies Holding (Nasdaq: GTEC) completes initial sales delivery of HEVI GEL-5000 all-electric front loader to Maryland's Port of Baltimore. The front loader aims to improve working conditions, reduce ownership costs, and support the Port's electrification plan. It offers strong power, increased payload options, and 9 hours of operation time per charge, catering to various industries.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.91%
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Greenland Expands HEVI's Fast Growing Approved Service Provider Network to North Carolina with Addition of Truck and Auto Repair
Rhea-AI Summary
Greenland Technologies Holding (Nasdaq: GTEC) expands HEVI Authorized Service Provider network to North Carolina with Truck and Auto Repair, enhancing support for HEVI electric industrial vehicles. CEO Raymond Wang praises Truck and Auto Repair's expertise and customer base, foreseeing improved service for HEVI owners.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.47%
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none
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Greenland Technologies Operations Unaffected by Francis Scott Key Bridge Collapse in Baltimore, MD; Company Reaffirms April 2024 Sales Delivery Plan
Rhea-AI Summary
Greenland Technologies Holding (Nasdaq: GTEC) expresses condolences for the Baltimore bridge collapse and assures minimal impact on operations. The company plans to deliver its HEVI GEL-5000 electric front loader to the Port of Baltimore in April 2024 as part of an electrification project.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.05%
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Update: Greenland Technologies Plans April 2024 Initial Sales Delivery to Maryland's Port of Baltimore
Rhea-AI Summary
Greenland Technologies Holding (Nasdaq: GTEC) announces plans to deliver its HEVI GEL-5000 all-electric front loader to Maryland's Port of Baltimore in April 2024 as part of a bid won in 2023. The delivery is a key step in the Port's initiative to electrify its equipment.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.44%
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Greenland's Board Approves Spin-off and Creation of Pureplay Industrial EV Company
Rhea-AI Summary
Greenland Technologies Holding Corporation (Nasdaq: GTEC) announces a spin-off of its drivetrain systems business to create two independent, publicly-traded companies. The Board aims to enhance shareholder value by separating the segments. Greenland will retain its industrial electric vehicle business under the HEVI brand.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.31%
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Greenland Announces Major Purchase Agreements; East Energy Agrees to Purchase GEL-1800 and GEL-5000 from HEVI
Rhea-AI Summary
Greenland Technologies Holding Corporation (Nasdaq: GTEC) announces a purchase agreement with East Energy for multiple electric industrial machines. The agreement includes the purchase of two GEL-5000s and one GEL-1800, highlighting the features and benefits of the all-electric loaders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.6%
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News
Greenland Technologies Announces Addition of Correlli Incorporated to HEVI's Fast Growing Approved Service Provider Network Program
Rhea-AI Summary
Greenland Technologies Holding Corporation (Nasdaq: GTEC) announced the addition of Correlli Incorporated to its fast-growing HEVI Authorized Service Provider (ASP) national network program. Correlli is an equipment service provider licensed in Maryland, offering repairs on all makes and models of construction equipment and is now a dealer for many equipment manufacturers. Greenland's CEO, Raymond Wang, expressed confidence in the ongoing development, providing a substantial competitive edge over the long term.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.59%
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News
Greenland Technologies Announces Power Tech Equipment Repair Has Joined HEVI's Approved Service Provider Network Program
Rhea-AI Summary
Greenland Technologies Holding Corporation (Nasdaq: GTEC) has announced that Power Tech Equipment Repair has joined its HEVI Authorized Service Provider (ASP) national network program to support increased demand for the Company's growing HEVI electric industrial vehicle product line. Power Tech, a trusted construction equipment repair service in Elkton, Maryland, will provide reliable maintenance and repair services for Greenland's electric industrial vehicles. Greenland's CEO, Raymond Wang, sees this partnership as a strategic move to accelerate sales in the Maryland market, especially after winning an important bid from Maryland's Port of Baltimore. This partnership is expected to give Greenland a competitive advantage and act as a sales catalyst as more customers transition to electric industrial vehicles.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.8%
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none
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Greenland Technologies Invites You to Join Us at The Microcap Conference
Rhea-AI Summary
Greenland Technologies (NASDAQ: GTEC) will be participating in The Microcap Conference on January 30, 31, and February 1, 2024, where Raymond Wang will be presenting. Interested parties can register to attend the conference and schedule one-on-one meetings with the management team.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
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Greenland Technologies Holding Corp

Nasdaq:GTEC

GTEC Rankings

#5077 Ranked by Market Cap
#1005 Ranked by Stock Gains
N/A Ranked by Dividends

GTEC Stock Data

26.65M
6.47M
47.16%
10.89%
0.01%
Iron and Steel Forging
Manufacturing
Link
United States
East Windsor

About GTEC

greenland technologies holding corp (nasdaq: gtec) is a leading developer and manufacturer of electric industrial vehicles and drivetrain systems for material handling vehicles such as forklift trucks.