• Greenland Technologies posted net income of $5.75 million, up 26% from a year earlier, as revenue rose 17.8% to $25.54 million.
• Operating income climbed 18.9% to $5.72 million, while gross margin widened 3.6 percentage points to 34.3%.
• Operating expenses increased 64.1% to $3.04 million, led by R&D spending of $778,219, up more than doubled from the prior-year period.
• Transmission product volume increased 18.8% to 46,027 sets sold, while HEVI operations have been largely suspended since 2025 due to uncertainty around tariff policy, with plans to resume once conditions stabilize.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Greenland Technologies Holding Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-055798), on May 13, 2026, and is solely responsible for the information contained therein.