Greenland Technologies Plans Expansion into Robotics Market

Planned product lines include precision components and mobile platforms for inspection and patrol robots

HANGZHOU, China, Sept. 24, 2026 /PRNewswire/ -- Greenland Technologies Holding Corporation (NASDAQ: GTEC) ("Greenland" or the "Company"), a developer and manufacturer of transmission and drivetrain systems for material-handling machinery and industrial vehicles, today announced plans to expand its product portfolio into the robotics market. The initiative is expected to focus on two areas: precision components for robot manufacturers and mobile platforms for inspection and patrol robots.

Greenland intends to apply its existing research and development expertise, precision-manufacturing capabilities and production capacity to the planned product lines. The Company expects to pursue opportunities to supply critical components to robotics companies worldwide while evaluating applications in which its drivetrain and vehicle-platform experience can support mobile robotic systems.

The planned expansion builds on Greenland's project with automated guided vehicles, or AGVs. Since 2019, the Company has engaged in and invested in the research and development of AGVs used for material movement within industrial facilities. Greenland believes the engineering knowledge and platform designs developed through that project may support the development path of inspection and patrol robot platforms.

Inspection and patrol robots can be equipped to perform recurring monitoring tasks in industrial facilities and other operating environments. Depending on the application and final product configuration, these platforms may support visual inspection, equipment monitoring, safety patrols and the collection of operating data. Greenland plans to assess specific configurations and market opportunities as the initiative advances.

"We see robotics as a natural extension of Greenland's engineering and manufacturing capabilities," said Peter Wang, Chairman of the Board of Directors of Greenland Technologies Holding Corporation. "Demand from robot manufacturers creates an opportunity for us to apply our precision-manufacturing experience and existing production resources to a growing market. We also believe our experience developing AGV platforms may support the development of inspection and patrol robot products. Our goal is to pursue this expansion in a disciplined manner while leveraging our existing production resources and capabilities."

About Greenland Technologies Holding Corporation

Greenland Technologies Holding Corporation (NASDAQ: GTEC) is a technology developer and manufacturer of drivetrain systems for material handling machinery and electric industrial vehicles. The Company focuses on innovative transmission technologies and industrial vehicle solutions designed to improve efficiency, performance, and sustainability.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements regarding the Company's plans to expand into the robotics market, the anticipated development and commercialization of precision components for robot manufacturers and mobile platforms for inspection and patrol robots, the Company's ability to leverage its existing research and development expertise, precision-manufacturing capabilities and production capacity for the planned product lines, the expected applicability of the Company's AGV-related engineering knowledge and platform designs to inspection and patrol robot development, and the Company's expectations regarding market demand for robotic components and mobile robotic systems. Actual results may differ materially from those expressed or implied due to various risks and uncertainties, including the Company's ability to successfully develop and bring to market new robotic products, market conditions and demand for robotic components and platforms, competitive factors, the availability and cost of raw materials and components, the ability to protect and enforce intellectual property rights, changes in technology and industry standards, the ability to attract and retain qualified engineering and manufacturing personnel, supply chain conditions, and other risks detailed in the Company's filings with the Securities and Exchange Commission, including the Company's Form 10-K for the fiscal year ended December 31, 2025, filed with the Securities and Exchange Commission on March 23, 2026. Greenland undertakes no obligation to update any forward-looking statements except as required by law.

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SOURCE Greenland Technologies Holding Corporation