Greenland Technologies Holding Corporation designs, manufactures, and sells transmission systems and integrated powertrains for forklift trucks and material handling equipment, primarily serving over 100 forklift manufacturers in China across capacity ranges from 1 to 18 tons. The company also operates HEVI, a subsidiary that develops and sells electric industrial equipment including loaders, excavators, and forklifts for the North American market, addressing growing demand for low-emission material handling solutions. Greenland generates revenue through direct sales of transmission products to original equipment manufacturers in China and direct sales of electric equipment to end-users in North America, competing on manufacturing efficiency, research and development capabilities, product quality, and established customer relationships in fragmented global markets.