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Industrials
      Date                  November 21, 2023      Industrials
      52wk High                         $5.25
      52wk Low                          $1.13      Greenland Technologies                  GTEC        $2.86
                                                   Building 400
                                                   East Windsor, NJ 08512

                               (USD - in millions)  ir.gtec-tech.com
      Market Cap                        37.1
      Enterprise                        32.0
      Basic Shares Out.                12.98       COMPANY OVERVIEW
      Float                             6.57
      Institutional Holdings           5.56%      Detailed Analysis:Channelchek.com
      Short Interest                    0.07
      Avg. 90-Day Volume                0.23      Greenland Technologies Holding Corp is a developer of innovative and
                                                  quality solutions in the material handling industry. It is a transmission
                                                  and drivetrain systems provider for material handling equipment such
                                                  as forklift trucks for industrial and logistic applications. The company
      EPS Data                                    sold more than 108000 sets of transmission systems to over 100 forklift
                                                  manufacturers in China. With the emphasis on quality and innovation,
                     2021     2022       2023     over the years, Greenland gained the trust and loyalty from its
      CQ1             N/A     0.16      0.11      customers.
      CQ2           0.26      0.13      0.18

      CQ3           0.09      0.10      (0.07)
      CQ4           0.03      (0.09)    0.04
      CY            0.58      0.30      0.30                                             Source: Channelchek/QuoteMedia




      Long-Term EPS Estimate              N/A
      Price/Book (mrq)                   5.40
      ROE (ttm)                          5.71
      Debt-to-Total Cap. (mrq)           9.36
      Fiscal Year End                 31-Dec
                                                   Building 400 East Windsor NJ                    08512



      Key Executives
      CEO:      Wang, Raymond Z.
      CFO:      Jin, Jing
      COO:      N/A
      IR:       N/A
                                                           Noble Capital Markets, Inc.
      Source: Capital IQ, Noble Financial estimates, company filings
      Noble Senior Analyst                                 561-994-1191   noblecapitalmarkets.com
      Joe Gomes                                            MEMBERS: FINRA, SIPC, MSRB
      jgomes@noblecapitalmarkets.com                       Following the conference, complete video library of presentations will be
                                                           available at: channelchek.com | nobleconference.com
      (561) 999-2262


      Refer to the back of the book for disclosures
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