Greenland Technologies Holding Corporation Announces Effective Date of Dual-Class Share Structure

Core Viewpoint - Greenland Technologies Holding Corporation is implementing a dual-class share structure that will take effect on February 24, 2026, allowing for differentiated voting rights among shareholders [1][2]. Group 1: Share Structure Changes - The company has amended its memorandum and articles of association to create Class A ordinary shares, which will carry one vote each, and Class B ordinary shares, which will carry 25 votes per share [2]. - The Class A Ordinary Shares will continue to trade under the symbol "GTEC" and the same CUSIP number G4095T107 on the Nasdaq Capital Market starting February 24, 2026 [3]. Group 2: Company Overview - Greenland Technologies Holding Corporation is a technology developer and manufacturer specializing in electric industrial vehicles and drivetrain systems for material handling machinery and vehicles [4].