Greenland Technologies Holding Corporation (NASDAQ:GTEC) ("Greenland" or the "Company"), a developer and manufacturer of transmission and drivetrain systems for material handling machinery and electric industrial vehicles, today announced the successful commercialization of its proprietary four-wheel drive transmission systems designed for off-road forklift truck applications.

The Company's newly introduced transmission product lineup, ranging from 1.8-ton to 10-ton models, was first launched in 2024 and has already contributed to the Company's revenue due to what the company believes are its advanced performance, durability, and operational efficiency.