GREENLAND TECHNOLOGIES HOLDING CORPORATION ANNOUNCES PRICING OF UNDERWRITTEN PUBLIC OFFERING

Group 1 - Greenland Technologies Holding Corporation announced the pricing of its underwritten public offering of 5,083,330 units at a public offering price of $1.20 per unit [1] - Each unit consists of one ordinary share and four-fifths of one warrant, with each whole warrant exercisable for one ordinary share [1][2] - The gross proceeds from the offering are expected to be approximately $6.1 million, intended for working capital and general corporate purposes [2] Group 2 - The offering is expected to close on or about January 29, 2026, subject to customary closing conditions, with Joseph Stone Capital, LLC acting as the sole underwriter [3] - The offering is made pursuant to a registration statement on Form S-1, which was declared effective by the SEC on January 26, 2026 [4] - A final prospectus related to the offering will be filed with the SEC and will be available on the SEC's website [4] Group 3 - Greenland Technologies is a technology developer and manufacturer of electric industrial vehicles and drivetrain systems for material handling machineries and vehicles [6]