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Greenland to Showcase New GEL 1800 Electric Loader at Hannover Messe 2021 Digital Expo

EAST WINDSOR, N.J., April 13, 2021 /PRNewswire/ — Greenland Technologies Holding Corporation (NASDAQ: GTEC) (“Greenland” or the “Company”), a technology developer and manufacturer of electric industrial vehicles and drivetrain systems for material handling machineries and vehicles, today announced it will be showcasing its new GEL-1800 1.8 ton electric loader at the Hannover Messe 2021 Digital Expo from April 12-16, 2021.  Attendees will get a first look at the GEL-1800 electric loader’s sleek design and production specifications.

Raymond Wang, CEO of Greenland, commented, “The response to our GEL-1800 beta announcement last month was overwhelmingly positive.  The Hannover Messe 2021 Digital Expo gives us a platform to raise additional awareness and to engage in more detailed productive discussions with potential buyers.”

Greenland’s first electric industry vehicle, the GEL 1800 Electric Loader, has a loading capacity of approximately 1,800 kg (approximately 3,969 lbs) and is equipped with a powerful 144 kWh lithium battery.  The Company designed the GEL 1800 Electric Loader to be used in a wide range of applications, including construction, mining, farming, industrial and more.

The Hannover Messe 2021 digital expo is a world-leading trade show dedicated to industrial technology.  This year the event has attracted over 1,800 exhibiting companies to showcase solutions from sustainable energy products to manufacturing innovations.  The virtual event runs from April 12-16, 2021, with networking opportunities and live streaming events.  The event is organized by Deutsche Messe AG, a leading producer of capital goods trade fairs in Germany and around the world.  For more information visit the Hannover Messe website.

About Greenland Technologies Holding Corporation

Greenland Technologies Holding Corporation (NASDAQ: GTEC) is a developer and a manufacturer of drivetrain systems for material handling machineries and electric vehicles, as well as electric industrial vehicles. For more information visit www.gtec-tech.com.

Forward-Looking Statements

This press release contains statements that may constitute “forward-looking statements.” Such statements reflect Greenland’s current views with respect to future events and are subject to such risks and uncertainties, many of which are beyond the control of Greenland, including those set forth in the Risk Factors section of Greenland’s Annual Report on Form 10-K and Definitive Proxy Statement on Schedule 14A filed with the Securities and Exchange Commission (“SEC”). Copies are available on the SEC’s website, www.sec.gov. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue,” and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, Greenland’s expectations with respect to future performance. In addition, there is uncertainty about the further spread of the COVID-19 virus or the occurrence of another wave of cases and the impact it may have on the Company’s operations, the demand for the Company’s products, global supply chains and economic activity in general. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated or expected. Statements contained in this news release regarding past trends or activities should not be taken as a representation that such trends or activities will continue in the future. Greenland does not intend and does not assume any obligation to update these forward-looking statements, other than as required by law.

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