Greenland Technologies Holding Corporation announced the formal selection of Maryland for the next phase of the Company's major U.S. manufacturing expansion. Maryland's growing reputation as a center of innovation makes it the home of more and more high-tech businesses and the highly educated workforce they need. Maryland ranks first among the states in federal R&D obligations, and is home to more than 60 federal agencies and twice as many federal laboratories (74) as any other state.

Strategically located, the Port of Baltimore is the nation's leading Roll On/Roll Off port. It is served by two Class I freight rail lines, and offers immediate access to I-95 and I-70, the major thoroughfares to points north, south and west. In addition to Maryland's own BWI Thurgood Marshall Airport, three other major airports are just a short drive away, in neighboring Philadelphia, Northern Virginia and Washington, D.C. In addition, the Baltimore-Washington area is the nation's fourth-largest market.

Greenland noted it will provide additional details on the specific location in Maryland closer to the planned grand opening of its new 40,000 to 50,000 square foot facility. In addition to the assembly of Greenland's expanding line of electric industrial vehicles, the Company plans to use the new facility, which is targeted to be operational in Fourth Quarter 2022, as a product showcase to further empower its sales team.