Greenland Technologies Holding, formerly known as Greenland Acquisition, says its operating subsidiary in China, Zhejiang Zhongchai Machinery has recently completed the move out of its leased facility and into a newly-constructed manufacturing facility in Shaoxing.
The new facility is owned by Zhongchai and has an annual production capacity of 200,000 sets of transmission systems, compared to 80,000 sets in the previous facility, a 150% increase.
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“This move will increase our production capability significantly and enable us to deliver more competitive products to the market and to produce robotic cargo carriers in the near future,” said Greenland Technologies chairman, Peter Zuguang.
Greenland Technologies Holding is a British Virgin Islands company. It is a developer and manufacturer of traditional transmission products for material handling machineries and a developer of a robotic cargo carrier prototype expected to be available for commercial use in the near future in China.
Shaoxing is an ancient Chinese city on the country’s eastern seaboard, with some reports dating it back to the seventh century BC.
