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Running on Clouds: The Story of On
The story of how a Swiss runner's pursuit of a new running sensation became On, aiming to be the most premium global sportswear brand worldwide.
Greenland Technologies
Greenland Technologies (GTEC) investor relations material
Greenland Technologies Registration Filing summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Registration Filing summary14 Jan, 2026
Company overview and business model
Designs, manufactures, and sells transmission products for forklift trucks and electric industrial vehicles, primarily through PRC subsidiaries.
Transmission products are sold to over 100 forklift manufacturers in China; electric vehicle operations in the U.S. are currently suspended due to tariff uncertainty.
Corporate structure includes subsidiaries in the U.S., Hong Kong, and China, with the parent company incorporated in the British Virgin Islands.
HEVI, the U.S. electric vehicle subsidiary, plans to resume operations once the policy environment stabilizes.
Financial performance and metrics
Revenue for the nine months ended September 30, 2025 was $66.8M, up 3.4% from $64.6M in the prior year period; gross margin increased to 29.9%.
Fiscal year 2024 revenue was $83.9M, down 7.1% from $90.3M in 2023; net income for 2024 was $15.2M, a turnaround from a $25.0M net loss in 2023.
Cash and cash equivalents as of September 30, 2025 were $3.9M; working capital was $47.8M.
Accounts receivable increased to $21.6M as of September 30, 2025, with major customers accounting for 39% of receivables.
No dividends have been paid; all earnings are retained for business growth.
Use of proceeds and capital allocation
Net proceeds of approximately $5.16M from the offering are intended for working capital and general corporate purposes.
Management has broad discretion over the use of proceeds, which may be allocated to purposes other than those currently contemplated.
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Next Greenland Technologies earnings date
Q4 202526 Mar, 2026
Greenland Technologies
Next Greenland Technologies earnings date
Q4 202526 Mar, 2026
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Frequently asked questions
Greenland Technologies Holding Corporation is a technology company specializing in the development and manufacturing of industrial equipment and drivetrain systems. The company focuses on producing electric industrial vehicles, such as forklifts and excavators, as well as electric drivetrain systems used in material handling machinery. Greenland Technologies is committed to providing eco-friendly, electric-powered alternatives to traditional industrial equipment, helping industries reduce their carbon footprint while maintaining operational efficiency. The company serves sectors including logistics, manufacturing, and construction. The company is headquartered in East Windsor, New Jersey, and its shares are listed on the NASDAQ.
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