Financial Data and Key Metrics Changes - The company reported a total of 7,956,116 ordinary shares issued and outstanding as of December 8, 2025, with 7,956,116 shares represented at the meeting, indicating a quorum of 45.73% of the outstanding shares [6][7]. Business Line Data and Key Metrics Changes - No specific data on business lines or key metrics changes were provided in the meeting records. Market Data and Key Metrics Changes - No specific market data or key metrics changes were discussed during the meeting. Company Strategy and Development Direction and Industry Competition - The company proposed a dual class structure for its shares, which includes Class A Ordinary Shares with one vote each and Class B Ordinary Shares with 25 votes each, indicating a strategic move to consolidate control [3]. Management's Comments on Operating Environment and Future Outlook - Management did not provide specific comments on the operating environment or future outlook during the meeting. Other Important Information - The meeting included the approval of several resolutions, including the adoption of a new Memorandum of Association, a share capital reorganization proposal, and the appointment of independent auditors for the fiscal year ending December 31, 2025 [2][4][5]. Q&A Session All Questions and Answers Question: Were there any questions submitted during the meeting? - No questions were submitted during the meeting, and the session proceeded directly to voting [9][10].

Financial Data and Key Metrics Changes - The company reported a total of 7,956,116 ordinary shares issued and outstanding as of December 8, 2025, with 45.73% of these shares represented at the meeting [6][7] - Voting results indicated that for the New M&A Adoption Proposal, 7,656,594 votes were in favor, while 2,785,557 votes were against, and 209,665 votes were abstained [10] - The Auditor Ratification Proposal received 79,036,694 votes for, 34,764 votes against, and 14,658 votes abstained, indicating strong shareholder support [12] Business Line Data and Key Metrics Changes - No specific data on individual business lines was provided in the meeting records Market Data and Key Metrics Changes - No specific market data or metrics were discussed in the meeting records Company Strategy and Development Direction - The company proposed a dual class share structure, with Class A Ordinary Shares carrying one vote each and Class B Ordinary Shares carrying 25 votes per share, aimed at enhancing governance and control [3] Management Comments on Operating Environment and Future Outlook - Management did not provide specific comments on the operating environment or future outlook during the meeting Other Important Information - The meeting included the appointment of new directors and the ratification of the independent registered public accounting firm for the fiscal year ending December 31, 2025 [4][5] Q&A Session Summary Question: Were there any questions from shareholders? - No questions were submitted during the meeting, and the voting proceeded without any inquiries [10]

Financial Data and Key Metrics Changes - The meeting discussed the approval of various resolutions, including the adoption of a new Memorandum of Association and a dual class share structure, which will affect voting rights [2][3][4] Business Line Data and Key Metrics Changes - No specific financial data or business line metrics were provided in the meeting records Market Data and Key Metrics Changes - No specific market data or metrics were discussed in the meeting records Company Strategy and Development Direction and Industry Competition - The company is implementing a dual class share structure to enhance governance and control, which may impact its strategic direction [3] Management's Comments on Operating Environment and Future Outlook - Management did not provide specific comments on the operating environment or future outlook during this meeting Other Important Information - The meeting confirmed the appointment of Enrobe LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2025 [4] Summary of Q&A Session - There were no questions submitted during the Q&A session, and the meeting proceeded directly to voting [9][10]

Core Insights - Greenland Resources Inc. is advancing its Malmbjerg project in Greenland, which focuses on molybdenum and magnesium production, with significant potential for supplying the EU market [1][2] Company Overview - Greenland Resources is a Canadian public company regulated by the Ontario Securities Commission, primarily focused on developing its 100% owned Climax-type primary molybdenum deposit in central east Greenland [2] - The Malmbjerg project features an environmentally friendly open-pit mine design, emphasizing reduced water usage and low ecological disturbance [2] Project Highlights - The Malmbjerg project has a capital expenditure (capex) of US$820 million, with a levered after-tax internal rate of return (IRR) of 33.8% and a payback period of 2.4 years, based on a molybdenum price of US$18 per pound [2] - Proven and probable reserves are estimated at 245 million tonnes with a grade of 0.176% MoS, equating to 571 million pounds of contained molybdenum [2] - The project is expected to produce an average of 32.8 million pounds of molybdenum annually during the first ten years, meeting approximately 25% of the EU's total yearly consumption and 100% of its defense needs [2] Market Context - The EU is the second-largest molybdenum user globally, consuming around 122 million pounds annually, which constitutes 19% of global demand [5] - Molybdenum is critical for enhancing the properties of steel and is essential for various industries, including automotive and defense, which represent about 18% of the EU's GDP [5] Strategic Importance - The Malmbjerg project is recognized as a priority EU project under the European Commission's RESourceEU initiative, highlighting its strategic importance for the EU's raw materials supply [3][4] - The project aims to supply environmentally friendly high-quality primary molybdenum from a responsible source, addressing the EU's reliance on imports, particularly from China [5] Financial and Operational Developments - The company is in discussions with the European Commission, national governments, and financial institutions regarding equity financing and grants for the project [3] - An updated letter of interest from Export Development Canada indicates potential support of up to USD$275 million for the project's development [3] - The company has secured binding long-term offtake agreements with major steel companies across Europe, ensuring price protection and stable demand [3] Future Engagements - Greenland Resources plans to present the Malmbjerg project at the BMO Capital Markets' Global Metals, Mining & Critical Minerals Conference on February 24, 2026, and during Greenland Day at the PDAC on March 2, 2026 [3]

EAST WINDSOR, N.J., Jan. 29, 2026 /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 the closing of its previously announced underwritten public offering of 5,083,330 units (the "Units") at a public offering price of $1.20 per Unit. Each Unit consists of one ordinary share of the Company (each, a ...

EAST WINDSOR, N.J., Jan. 28, 2026 /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 the pricing of its underwritten public offering of 5,083,330 units (the "Units") at a public offering price of $1.20 per Unit. Each Unit consists of one ordinary share of the Company (each, an "ordinary share" an ...

Group 1 - The article discusses the role of Steven Cress as the Head of Quantitative Strategies at Seeking Alpha, highlighting his management of quant ratings and factor grades for stocks and ETFs [1] - Cress leads the Alpha Picks initiative, which identifies two attractive stocks for purchase each month and determines optimal selling times [1] - The article notes a recent rally in stocks following President Trump's announcement that the U.S. would not use force to acquire Greenland and his decision to roll back tariff threats on European goods [1] Group 2 - Cress emphasizes a data-driven approach to investment, aiming to eliminate emotional biases and simplify complex research through sophisticated algorithms [1] - The Seeking Alpha Quant Rating system, created by Cress, is designed to interpret data for investors and provide insights on investment directions [1] - Cress has over 30 years of experience in equity research, quantitative strategies, and portfolio management, positioning him as a knowledgeable figure in investment discussions [1]

The situation over in Greenland caused a bit of a market shock on Tuesday, with just about everything marching lower over fears of tariffs and related uncertainties. ...

In this articleGTECDAVOS, SWITZERLAND - JANUARY 21: Delegates watch as U.S. President Donald Trump speaks onstage at the World Economic Forum (WEF) on January 21, 2026 in Davos, Switzerland. Chip Somodevilla | Getty Images News | Getty ImagesMarkets and some European leaders welcomed the news that U.S. President Donald Trump was standing down from imposing further tariffs on European countries — but others were left bewildered.Trump told CNBC on Wednesday that he had the "concept of a deal" with NATO Secret ...

Core Insights - Greenland Resources Inc. has collected and reassayed 233 core samples from the Malmbjerg molybdenum orebody, revealing rare earth mineralization levels of up to 579.5 ppm of total rare earth oxide (TREO) [1] - The company plans to investigate the potential recovery of rare earth minerals from the future Malmbjerg molybdenum operation [1]