# EDGAR Filing Document

**Accession Number:** 0001735041
**File Stem:** 0001213900-23-001373
**Filing Date:** 2023-1
**Character Count:** 83224
**Document Hash:** c5e14d5abce71fce56d88c45d89427f9
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001213900-23-001373.hdr.sgml**: 20230106

**ACCESSION NUMBER**: 0001213900-23-001373

**CONFORMED SUBMISSION TYPE**: PRE 14A

**PUBLIC DOCUMENT COUNT**: 3

**CONFORMED PERIOD OF REPORT**: 20230106

**FILED AS OF DATE**: 20230106

**DATE AS OF CHANGE**: 20230106

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Greenland Technologies Holding Corp.
- **CENTRAL INDEX KEY:** 0001735041
- **STANDARD INDUSTRIAL CLASSIFICATION:** GENERAL INDUSTRIAL MACHINERY & EQUIPMENT [3560]
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** D8
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** PRE 14A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-38605
- **FILM NUMBER:** 23515186

**BUSINESS ADDRESS:**
- **STREET 1:** 50 MILLSTONE ROAD, BUILDING 400
- **STREET 2:** SUITE 130
- **CITY:** EAST WINDSOR
- **STATE:** NJ
- **ZIP:** 08512
- **BUSINESS PHONE:** 1 888 827-4832

**MAIL ADDRESS:**
- **STREET 1:** 50 MILLSTONE ROAD, BUILDING 400
- **STREET 2:** SUITE 130
- **CITY:** EAST WINDSOR
- **STATE:** NJ
- **ZIP:** 08512

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Greenland Acquisition Corp.
- **DATE OF NAME CHANGE:** 20180320

#### UNITED STATES<br>SECURITIES AND EXCHANGE COMMISSION<br>Washington, D.C. 20549
**________________**

#### Schedule 14A<br>(RULE 14a-101)<br>SCHEDULE 14A INFORMATION
**________________**

#### Proxy Statement Pursuant To Section 14(a) of the Securities <br>Exchange Act of 1934
<u> Filed by the Registrant </u>   <u> ☒ </u> <br> <u> Filed by a Party other than the Registrant </u>   <u> ☐ </u>

**Check the appropriate box:**

 ☒ Preliminary Proxy Statement

 ☐ Confidential, for use of the Commission Only (as permitted by Rule 14a-6(e)(2))

 ☐ Definitive Proxy Statement

 ☐ Definitive Additional Materials

 ☐ Soliciting Material Pursuant to § 240.14a-12

#### Greenland Technologies Holding Corporation<br> (Name of Registrant as Specified In Its Charter)
**_________________________________________________________________**

#### (Name of Person(s) Filing Proxy Statement, if other than the Registrant)
**Payment of Filing Fee (Check all boxes that apply):**

<u> ☒ </u>   <u> No fee required </u> <br> <u> ☐ </u>   <u> Fee paid previously with preliminary materials. </u> <br> <u> ☐ </u>   <u> Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11 </u>

------

[**Table of Contents**](#TOC001)

#### GREENLAND TECHNOLOGIES HOLDING CORPORATION

#### NOTICE OF 2022 ANNUAL MEETING OF SHAREHOLDERS<br> To be Held Virtually on January 31, 2023, at 9:30 a.m. EST
To the Shareholders of Greenland Technologies Holding Corporation:

This proxy statement is furnished in connection with the solicitation of proxies by the Board of Directors (the ***"Board"***) of Greenland Technologies Holding Corporation, a British Virgin Islands company (the ***"Company"***) for use at the 2022 annual meeting of shareholders of the Company (the ***"Meeting"***) and at all adjournments and postponements thereof. The Meeting will be held virtually on January 31, 2023, at 9:30 a.m. EST. The Company will hold the Meeting in a virtual only format, which will be conducted via live audio webcast. Shareholders will not be able to attend the Meeting in person. Shareholders will have an equal opportunity to participate at the Meeting and engage with the directors, management, and other shareholders of the Company online, regardless of their geographic location. Inside this document, you can find important information and detailed instructions about how to participate in the Meeting.

Registered shareholders and duly appointed proxyholders will be able to attend, participate and vote at the Meeting at *www.virtualshareholdermeeting.com/GTEC2023*. Beneficial shareholders who hold their ordinary shares of the Company through a broker, investment dealer, bank, trust corporation, custodian, nominee or other intermediary who have not duly appointed themselves as proxyholder will be able to attend as guest and view the webcast, but will not be able to participate in or vote at the Meeting.

The Meeting and any or all adjournments thereof will be held to consider and vote upon the following proposals (the "***Proposals***", each a "***Proposal***"):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. To elect Ming Zhao, Charles Athle Nelson, and Everett Xiaolin Wang (the "***Director Nominees***") to serve as a Class I director until the annual shareholders meeting in 2024 and until their successors are duly elected and qualified (the "***Director Election Proposals***");

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. To ratify the appointment of WWC Professional Corporation ("***WWC***") as the Company's independent registered public accounting firm for the fiscal year ended December 31, 2022 (the "***Auditor Ratification Proposal***"); and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. To instruct the chairman of the Meeting adjourn the Meeting to a later date, if necessary, under certain circumstances, including for the purpose of soliciting additional proxies in favor of the foregoing Proposals, in the event the Company does not receive the requisite shareholder vote to approve the Proposals (the "***Adjournment Proposal***").

THE BOARD UNANIMOUSLY RECOMMENDS A VOTE "FOR" ALL OF THE NOMINEES LISTED ABOVE AND "FOR" EACH OF THE OTHER PROPOSALS.

Holders of record of the Company's ordinary shares at the close of business on January 5, 2023 (the ***"Record Date"***) will be entitled to notice of, and to vote at, this Meeting and any adjournment or postponement thereof. Each ordinary share entitles the holder thereof to one vote.

Your vote is important, regardless of the number of ordinary shares you own. Shareholders who are unable to attend the Meeting or any adjournment thereof and who wish to ensure that their Ordinary Shares will be voted are requested to complete, date and sign the enclosed form of proxy in accordance with the instructions set out in the form of proxy and in the proxy statement accompanying this Notice and (i) vote it online at *www.proxyvote.com*, (ii) vote it by phone at 1-800-690-6903, or (iii) mail it or deposit it to Vote Processing, c/o Broadridge, 51 Mercedes Way, Edgewood, NY 11717.

A complete list of shareholders of record entitled to vote at the Meeting will be available for ten days before the Meeting at the principal executive office of the Company for inspection by shareholders during ordinary business hours for any purpose germane to the Meeting.

This notice and the enclosed proxy statement are first being mailed to shareholders on or about , 2023.

------

[**Table of Contents**](#TOC001)

You are urged to review carefully the information contained in the enclosed proxy statement prior to deciding how to vote your shares.

---

| |
|:---|
|  By order of the Board, |
|  /s/ Raymond Z. Wang |
|  Raymond Z. Wang |
|  Chief Executive Officer and President |
|  , 2023 |

---

**IF YOU RETURN YOUR PROXY CARD WITHOUT AN INDICATION OF HOW YOU WISH TO VOTE, YOUR SHARES WILL BE VOTED "FOR" ALL OF THE NOMINEES LISTED ABOVE AND "FOR" EACH OF THE OTHER PROPOSALS.**

#### Important Notice Regarding the Availability of Proxy Materials<br>for the Annual Shareholder Meeting to be Held Virtually on January 31, 2023 9:30 a.m. EST
The Notice of Annual Meeting, proxy statement and Annual Report on Form 10-K for the year ended December 31, 2021 are available at *www.proxyvote.com*.

------

[**Table of Contents**](#TOC001)

#### **TABLE OF CONTENTS**

---

| | |
|:---|:---|
|  | **Page** |
|  [**QUESTIONS AND ANSWERS ABOUT THESE PROXY MATERIALS**](#T9901) | 1 |
|  [**THE ANNUAL MEETING**](#T9902) | 5 |
|  [General](#T9903) | 5 |
|  [Date, Time and Place of the Meeting](#T9983) | 5 |
|  [Purpose of the Meeting](#T9904) | 5 |
|  [Record Date and Voting Power](#T9905) | 5 |
|  [Quorum and Required Vote](#T9906) | 5 |
|  [Revocability of Proxies](#T9907) | 6 |
|  [Proxy Solicitation Costs](#T9908) | 6 |
|  [No Right of Appraisal](#T9909) | 6 |
|  [Who Can Answer Your Questions About Voting Your Shares](#T9984) | 6 |
|  [Principal Officers](#T9910) | 6 |
|  [**PROPOSAL NO. 1 — ELECTION OF DIRECTORS**](#T9911) | 7 |
|  [Board Qualifications and Director Nominees](#T9912) | 7 |
|  [Information Regarding the Company's Directors and Nominees](#T9913) | 7 |
|  [Vote Required](#T9914) | 8 |
|  [Recommendation of the Board](#T9915) | 8 |
|  [Corporate Governance](#T9916) | 9 |
|  [Director Compensation](#T9985) | 11 |
|  [Executive Officers](#T9917) | 12 |
|  [Summary Compensation Table](#T9986) | 12 |
|  [Outstanding Equity Awards at Fiscal Year-End](#T9918) | 12 |
|  [Employment Contracts, Termination of Employment, Change-in-Control Arrangements](#T9919) | 12 |
|  [Section 16 Compliance](#T9920) | 13 |
|  [Security Ownership of Certain Beneficial Owners and Management](#T9921) | 13 |
|  [Certain Relationships and Related Transactions](#T9922) | 14 |
|  [**PROPOSAL NO. 2 — THE AUDITOR RATIFICATION PROPOSAL**](#T9987) | 17 |
|  [Principal Accountant Fees and Services](#T9923) | 17 |
|  [Policies and Procedures Relating to Approval of Services by our Independent <br>Registered Public Accountants](#T9924) | 17 |
|  [Vote Required](#T9925) | 17 |
|  [Recommendation of the Board](#T9926) | 18 |
|  [Audit Committee Report](#T9927) | 18 |
|  [**PROPOSAL NO. 3 — THE ADJOURNMENT PROPOSAL**](#T9928) | 19 |
|  [Vote Required](#T9929) | 19 |
|  [Recommendation of the Board](#T9930) | 19 |
|  [OTHER MATTERS](#T9931) | 20 |
|  [**OTHER INFORMATION**](#T9932) | 20 |
|  [Deadline for Submission of Shareholder Proposals for 2022 Annual Meeting of Shareholders](#T9933) | 20 |
|  [Director Attendance](#T9934) | 20 |
|  [Proxy Solicitation](#T9935) | 20 |
|  [Annual Report](#T9936) | 20 |
|  [Delivery of Proxy Materials to Households](#T9937) | 20 |
|  [Where You Can Find Additional Information](#T9938) | 21 |
|  **ANNEX** |  |
|  [Annex A Form of Proxy Card to be Mailed to Shareholders of Greenland Technologies <br>Holding Corporation](#T9940) | A-1 |

---

i

[**Table of Contents**](#TOC001)

#### GREENLAND TECHNOLOGIES HOLDING CORPORATION<br>PROXY STATEMENT

#### 2022 ANNUAL MEETING OF SHAREHOLDERS<br> to be held virtually on January 31, 2023, at 9:30 a.m. EST

#### QUESTIONS AND ANSWERS ABOUT THESE PROXY MATERIALS

#### Why am I receiving this proxy statement?
This proxy statement describes the proposals on which the board of directors (the "***Board***") of Greenland Technologies Holding Corporation (the "***Company***", "***us***", "***we***" or "***our***") would like you, as a shareholder, to vote at the annual meeting of shareholders (the "***Meeting***"), which will take place on January 31, 2023, at 9:30 a.m. EST. The Company will hold the Meeting in a virtual only format, which will be conducted via live audio webcast. Shareholders will not be able to attend the Meeting in person. Shareholders will have an equal opportunity to participate at the Meeting and engage with the directors, management, and other shareholders of the Company online, regardless of their geographic location.

The Meeting and any adjournment thereof for the purposes set forth in the notice of meeting enclosed in this proxy statement will be held on January 31, 2023 at 9:30 a.m. EST as a virtual only Meeting via live audio webcast online at: *www.virtualshareholdermeeting.com/GTEC2023*.

Shareholders are being asked to consider and vote upon proposals (the "***Proposals***", each a "***Proposal***") to (i) elect each of Ming Zhao, Charles Athle Nelson, and Everett Xiaolin Wang (the "***Director Nominees***", each a "***Director Nominee***") to the serve as a Class I director of the Company until the annual shareholders meeting in 2024 and until their successors are duly elected and qualified (the "***Director Election Proposals***"), (ii) ratify the appointment of WWC Professional Corporation ("***WWC***") as the Company's independent registered public accounting firm for the fiscal year ended December 31, 2022 (the "***Auditor Ratification Proposal***"), and (iii) instruct the chairman of the Meeting adjourn the Meeting to a later date, if necessary, under certain circumstances, including for the purpose of soliciting additional proxies in favor of the foregoing Proposals, in the event the Company does not receive the requisite shareholder vote to approve the Proposals (the "***Adjournment Proposal***").

This proxy statement also gives you information on the proposals so that you can make an informed decision. You should read it carefully. Your vote is important. You are encouraged to submit your proxy card as soon as possible after carefully reviewing this proxy statement.

#### Who can vote at this Meeting?
Shareholders who owned ordinary shares of the Company on January 5, 2023 (the "***Record Date***") may attend and vote at the Meeting. There were 12,978,504 ordinary shares outstanding on the Record Date. All ordinary shares shall have one vote per share. Information about the ownership of our directors, executive officers and significant shareholders is contained in the section of this proxy statement entitled "Security Ownership of Certain Beneficial Owners and Management" beginning on page 13 of this proxy statement.

#### What is the proxy card?
The card enables you to appoint Raymond Z. Wang, the Company's chief executive officer and Jing Jin, the Company's chief financial officer as your representatives at the Meeting. By completing and returning the proxy card, you are authorizing these persons to vote your shares at the Meeting in accordance with your instructions on the proxy card. This way, your shares will be voted whether or not you attend the Meeting. Even if you plan to attend the Meeting, it is strongly recommended to complete and return your proxy card before the Meeting date just in case your plans change. If a proposal comes up for vote at the Meeting that is not on the proxy card, the proxies will vote your shares, under your proxy, according to their best judgment.

[**Table of Contents**](#TOC001)

#### How does the Board recommend that I vote?
Our Board unanimously recommends that shareholders vote "FOR" the election of each of the Director Nominees listed in proposal No. 1 and "FOR" each of proposals No. 2, and No. 3.

#### What is the difference between holding shares as a shareholder of record and as a beneficial owner?
Certain of our shareholders hold their shares in an account at a brokerage firm, bank or other nominee holder, rather than holding share certificates in their own name. As summarized below, there are some distinctions between shares held of record and those owned beneficially.

*Shareholders of Record/Registered Shareholders*

If, on the Record Date, your shares were registered directly in your name with our transfer agent, Continental Stock Transfer& Trust Company, you are a "shareholder of record" who may vote at the Meeting, and we are sending these proxy materials directly to you. As the shareholder of record, you have the right to direct the voting of your shares by returning the enclosed proxy card to us or to vote at the Meeting. Whether or not you plan to attend the Meeting, please complete, date and sign the enclosed proxy card to ensure that your vote is counted.

*Beneficial Owner*

If, on the Record Date, your shares were held in an account at a brokerage firm or at a bank or other nominee holder, you are considered the beneficial owner of shares held "in street name," and these proxy materials are being forwarded to you by your broker or nominee who is considered the shareholder of record for purposes of voting at the Meeting. As the beneficial owner, you have the right to direct your broker on how to vote your shares and to attend the Meeting. However, since you are not the shareholder of record, you may not vote these shares at the Meeting unless you receive a valid proxy from your brokerage firm, bank or other nominee holder. To obtain a valid proxy, you must make a special request of your brokerage firm, bank or other nominee holder. If you do not make this request, you can still vote by using the voting instruction card enclosed with this proxy statement; however, you will not be able to vote at the Meeting.

#### How do I vote?
If you were a shareholder of record of the Company's ordinary shares on the Record Date, you may vote electronically at the Meeting or by submitting a proxy. Each ordinary share that you own in your name entitles you to one vote, in each case, on the applicable proposals.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) **You may submit your proxy by mail.** You may submit your proxy by mail by completing, signing and dating your proxy card and returning it in the enclosed, postage-paid and addressed envelope. If we receive your proxy card prior to the Meeting and if you mark your voting instructions on the proxy card, your shares will be voted:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• as you instruct, and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• according to the best judgment of the proxies if a proposal comes up for a vote at the Meeting that is not on the proxy card.

We encourage you to examine your proxy card closely to make sure you are voting all of your shares in the Company.

If you return a signed card, but do not provide voting instructions, your shares will be voted:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• FOR each nominee for director;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• FOR the appointment of WWC as the Company's independent registered public accounting firm for the fiscal year ended December 31, 2022; and

[**Table of Contents**](#TOC001)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• According to the best judgment of the Company's Chief Executive Officer and Chairman of the Board if a proposal comes up for a vote at the Meeting that is not on the proxy card.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) **You may vote online at proxyvote.com.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) **You may vote by telephone at 1**-800-690-6903**.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4) **You may vote electronically at the Meeting by following the instructions available on the Meeting website *www.virtualshareholdermeeting.com/GTEC2023*.**

#### If I plan on attending the Meeting, should I return my proxy card?
Yes. Whether or not you plan to attend the Meeting, after carefully reading and considering the information contained in this proxy statement, please complete and sign your proxy card. Then return the proxy card in the pre-addressed, postage-paid envelope provided herewith as soon as possible so your shares may be represented at the Meeting.

#### May I change my mind after I return my proxy?
Yes. You may revoke your proxy and change your vote at any time before the polls close at this Meeting. You may do this by:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• sending a written notice to Vote Processing, c/o Broadridge, 51 Mercedes Way, Edgewood, NY 11717 stating that you would like to revoke your proxy of a particular date;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• signing another proxy card with a later date and returning it to Vote Processing, c/o Broadridge, 51 Mercedes Way, Edgewood, NY 11717 before the polls close at this Meeting; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• attending the Meeting and voting electronically.

#### What does it mean if I receive more than one proxy card?
You may have multiple accounts at the transfer agent and/or with brokerage firms. Please sign and return all proxy cards to ensure that all of your shares are voted.

#### What happens if I do not indicate how to vote my proxy?
Signed and dated proxies received by the Company without an indication of how the shareholder desires to vote on a proposal will be voted in favor of the election of each Director Nominee and other proposals presented to the shareholders.

#### Will my shares be voted if I do not sign and return my proxy card?
If you do not sign and return your proxy card, your shares will not be voted unless you vote at the Meeting.

#### What vote is required to elect the Director Nominees as directors of the Company?
The election of each Director Nominee requires the affirmative vote of a majority of the ordinary shares voted at the Meeting or represented by proxy and entitled to vote at the Meeting.

[**Table of Contents**](#TOC001)

**How many votes are required to ratify the appointment of WWC as the Company's independent registered public accounting firm for the fiscal year ended December 31, 2022?**

The proposal to ratify the appointment of WWC as the Company's independent registered public accounting firm for the fiscal year ended December 31, 2022 requires the affirmative vote of a majority of the ordinary shares voted at the Meeting or represented by proxy and entitled to vote by the holders of ordinary shares entitled to vote at the Meeting.

#### Is my vote kept confidential?
Proxies, ballots and voting tabulations identifying shareholders are kept confidential and will not be disclosed, except as may be necessary to meet legal requirements.

#### Where do I find the voting results of this Meeting?
We will announce voting results at the Meeting and also file a Current Report on Form 8-K with the U.S. Securities and Exchange Commission (the "***SEC***") reporting the voting results.

#### Who can help answer my questions?
You can contact us by sending a letter to the offices of the Company at 50 Millstone Road, Building 400 Suite 130, East Windsor, NJ 08512 with any questions about proposals described in this proxy statement or how to execute your vote.

[**Table of Contents**](#TOC001)

#### THE ANNUAL GENERAL MEETING OF SHAREHOLDERS

#### General
We are furnishing this proxy statement to you, as a shareholder of Greenland Technologies Holding Corporation, as part of the solicitation of proxies by our Board for use at the Meeting to be held on January 31, 2023, and any adjournment or postponement thereof. This proxy statement is first being furnished to shareholders on or about , 2023. This proxy statement provides you with information you need to know to be able to vote or instruct your proxy how to vote at the Meeting.

#### Date, Time and Place of the Meeting
The Meeting will be held virtually on January 31, 2023, at 9:30 a.m. EST, or such other date, time and place to which the Meeting may be adjourned or postponed. Registered shareholders and duly appointed proxyholders will be able to attend, participate and vote at the Meeting at *www.virtualshareholdermeeting.com/GTEC2023*.

#### Purpose of the Meeting
At the Meeting, the Company will ask shareholders to consider and vote upon the following proposals:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. To elect each of Ming Zhao, Charles Athle Nelson, and Everett Xiaolin Wang to serve as a Class I director until the annual shareholders meeting in 2024 and until their successors are duly elected (the "***Director Election Proposals***");

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. To ratify the appointment of WWC Professional Corporation as the Company's independent registered public accounting firm for the fiscal year ended December 31, 2022 (the "***Auditor Ratification Proposal***"); and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. To instruct the chairman of the Meeting adjourn the Meeting to a later date, if necessary, under certain circumstances, including for the purpose of soliciting additional proxies in favor of the foregoing Proposals, in the event the Company does not receive the requisite shareholder vote to approve the Proposals (the "***Adjournment Proposal***").

#### Record Date and Voting Power
Our Board fixed the close of business on January 5, 2023, as the record date for the determination of the outstanding ordinary shares entitled to notice of, and to vote on, the matters presented at the Meeting. As of the Record Date, there were 12,978,504 ordinary shares outstanding. Each ordinary share entitles the holder thereof to one vote. Accordingly, a total of 12,978,504 votes may be cast at the Meeting.

#### Quorum and Required Vote
A quorum of shareholders is necessary to hold a valid meeting. A quorum will be present at the meeting if a majority of the ordinary shares outstanding and entitled to vote at the Meeting vote at the Meeting or are represented by proxy. Abstentions and broker non-votes (i.e., shares held by brokers on behalf of their customers, which may not be voted on certain matters because the brokers have not received specific voting instructions from their customers with respect to such matters) will be counted solely for the purpose of determining whether a quorum is present at the Meeting.

*Proposal No. 1 — the Director Election Proposals* (election of each of the Director Nominees) requires the affirmative vote of a majority of the ordinary shares entitled to vote in the election of directors which are represented at the Meeting or by proxy and voted. Abstentions and broker non-votes will have no direct effect on the election of directors;

*Proposal No. 2 — the Auditor Ratification Proposal* (ratification of the appointment of WWC as the Company's independent registered public accounting firm for the fiscal year ended December 31, 2022) requires the affirmative vote of a majority of the ordinary shares entitled to vote in the election of directors which are represented at the Meeting or by proxy and voted. Abstentions and broker non-votes will have no direct effect on the outcome of this proposal; and

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*Proposal No. 3 — the Adjournment Proposal* (authorization of the chairman of the Meeting adjourn the Meeting to a later date, if necessary, under certain circumstances, including for the purpose of soliciting additional proxies in favor of the foregoing Proposals, in the event the Company does not receive the requisite shareholder vote to approve the Proposals) requires the affirmative vote of a majority of the ordinary shares entitled to vote in the election of directors which are represented at the Meeting or by proxy and voted. Abstentions and broker non-votes will have no direct effect on the outcome of this proposal.

#### Revocability of Proxies
Any proxy may be revoked by the shareholder of record giving it at any time before it is voted. A proxy may be revoked by (A) sending to our proxy agent at Vote Processing, c/o Broadridge, 51 Mercedes Way, Edgewood, NY 11717 , either (i) a written notice of revocation bearing a date later than the date of such proxy or (ii) a subsequent proxy relating to the same shares, or (B) by attending the Meeting and voting electronically.

If the shares are held by the broker or bank as a nominee or agent, the beneficial owners should follow the instructions provided by their broker or bank.

#### Proxy Solicitation Costs
The cost of preparing, assembling, printing and mailing this proxy statement and the accompanying form of proxy, and the cost of soliciting proxies relating to the Meeting, will be borne by the Company. If any additional solicitation of the holders of our outstanding ordinary shares is deemed necessary, we (through our directors and officers) anticipate making such solicitation directly. The solicitation of proxies by mail may be supplemented by telephone, telegram and personal solicitation by officers, directors and other employees of the Company, but no additional compensation will be paid to such individuals.

#### No Right of Appraisal
None of our Amended and Restated Memorandum of Association and Articles of Association, effective on October 24, 2019, provides for appraisal or other similar rights for dissenting shareholders in connection with any of the proposals to be voted upon at this Meeting. Accordingly, our shareholders will have no right to dissent and obtain payment for their shares.

#### Who Can Answer Your Questions about Voting Your Shares
You can contact us by sending a letter to the offices of the Company at 50 Millstone Road, Building 400 Suite 130, East Windsor, NJ 08512, with any questions about proposals described in this proxy statement or how to execute your vote.

#### Principal Offices
The principal executive offices of our Company are located at 50 Millstone Road, Building 400 Suite 130, East Windsor, NJ 08512. The Company's telephone number at such address is 1 (888) 827-4832.

[**Table of Contents**](#TOC001)

#### PROPOSAL NO. 1 — ELECTION OF DIRECTORS
The nominees listed below have been nominated by the Nominating and Corporate Governance Committee of the Board and approved by our Board to stand for election as Director Nominees. Unless such authority is withheld, proxies will be voted for the election of the persons named below, each of whom has been designated as a nominee. If, for any reason, any Director Nominee becomes unavailable for election, the proxies will be voted for such substitute nominee(s) as the Board may propose.

#### Board Qualifications and Director Nominees
We believe that the collective skills, experiences and qualifications of our directors provide our Board with the expertise and experience necessary to advance the interests of our shareholders. While the Nominating and Corporate Governance Committee of our Board does not have any specific, minimum qualifications that must be met by each of our directors, the Nominating and Corporate Governance Committee uses a variety of criteria to evaluate the qualifications and skills necessary for each member of the Board. In addition to the individual attributes of each of our current directors described below, we believe that our directors should have the highest professional and personal ethics and values, consistent with our longstanding values and standards. They should have broad experience at the policy-making level in business, exhibit commitment to enhancing shareholder value and have sufficient time to carry out their duties and to provide insight and practical wisdom based on their past experience.

The Director Nominees recommended by the Board are as follows:

---

| | | |
|:---|:---|:---|
|  **Name** | **Age** | **Position** |
|  Ming Zhao<sup>(1)(4)</sup> | 46 | Independent Director |
|  Charles Athle Nelson<sup>(1)(2)(3)(4)</sup> | 69 | Independent Director |
|  Everett Xiaolin Wang<sup>(2)(3)(4)</sup> | 61 | Independent Director |

---

____________

(1) Member of the audit committee

(2) Member of the compensation committee

(3) Member of the nominating and corporate governance committee

(4) Class I director

#### Information Regarding the Company's Directors and Director Nominees

#### Nominee for Class I Director Whose Term Expires at the Annual Shareholder Meeting in 2024
**Mr. Ming Zhao** has served as our independent director since December 2020. Mr. Zhao has served as the chief financial officer at China Jo-Jo Drugstores Inc (Nasdaq: CJJD) since August 2011. From December 2006 through August 2011, Mr. Ming Zhao served as a senior auditor at Sherb & Co., LLP. From January through June 2003, Mr. Zhao served as a financial analyst at Microsoft Corporation. Mr. Zhao is a licensed certified public accountant. He received his bachelor's degree in accounting from Central University of Finance and Economic in Beijing in July 1999 and his master's degree in professional accounting from the University of Washington in December 2002.

**Mr. Charles Athle Nelson** has served as our independent director since December 2020. Mr. Nelson has been active in the capital markets for the past 35 years. He began his financial career as a market representative with American International Group and in 1979 joined Dean Witter Reynolds as a Financial Advisor, working with high net worth and institutional clients. In 1980, he joined Drexel Burnham and Lambert, and subsequently, at Ladenberg, Thalmann and then at Auerbach Pollack and Richardson originated equity and investment banking transactions. Over the last 20 years, Mr. Nelson has been involved with financing companies in the fintech, healthcare and bio-pharma spaces through private equity and public financing including listings on the Nasdaq and the NYSE. Mr. Nelson holds a Bachelor in Arts degree from Villanova University and an MBA from Rutgers University.

**Mr. Everett Xiaolin Wang** has served as our independent director since October 24, 2019. Dr. Wang serves as a professor at School of Information Engineering of Guangdong University of Technology in Guangdong, PRC and a distinguished professor under the University 100 Talents Plan. He has served as session or local chairs of IEEE International Conference in 2013, 2015, 2016 and 2018. Since 2014, he has been reviewer for IEEE Transaction on Intelligent Transportation Systems, as well as Journal of Nonlinear Dynamics. From October 1993 to June 2006,

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Dr. Wang worked as an engineer at Intel Corporation and was responsible for stress modelling, quantum tunnelling, quantum size effect, 3D mesh generation, hydrodynamic simulation, Monte Carlo modelling and photonic IC design. Dr. Wang received his Bachelor of Science degree in Physics from Peking University, his Master of Science degree in Theoretical Physics from Institute of Theoretical Physics, Academy of Sciences of PRC and his Ph.D. degree from the University of Texas at Austin in Electrical and Computer Engineering.

#### Class II Directors Whose Term Expires at the Annual Shareholder Meeting in 2023

---

| | | |
|:---|:---|:---|
|  **Name** | **Age** | **Position** |
|  Peter Zuguang Wang<sup>(4)</sup> | 68 | Director and Chairman of the Board of Directors |
|  Frank Shen<sup>(1)(2)(3)(4)</sup> | 68 | Independent Director |

---

____________

(1) Member of the audit committee

(2) Member of the compensation committee

(3) Member of the nominating and corporate governance committee

(4) Class II director

**Mr. Peter Zuguang Wang** has served as the chairman of the Board since October 24, 2019. In addition, Mr. Wang has served as Zhongchai Holding's sole director since its inception in April 2009. He has also served as the Chief Executive Officer of Cenntro Automotive Group, a Company that designs and manufactures all-electric utility vehicles for sale in the United States, Europe and PRC, since February 2014. Mr. Wang co-founded UTStarcom in 1990 and was its Executive Vice President until August 30, 1995. From August 1995 to December 2000, Mr. Wang was the Chairman and Chief Executive Officer of World Communication Group, an international telecommunication Company. From December 2000 to August 2009, Mr. Wang was the Chairman and Chief Executive Officer of PRC Quantum Communication Limited (later known as Techedge, Inc. and PRC Biopharma, Inc.), a telecommunication services Company. Previously, Mr. Wang worked at AT&T Bell Labs and Racal-Milgo Information System. Mr. Wang was also the Co-Chairman of Business Advisory Council of the National Republican Congressional Committee during the period of 1994 to 1995. Mr. Wang earned his dual Bachelor of Science degrees in Mathematics and Computer Science and Master of Science degree in Electrical Engineering from the University of Illinois at Urbana-Champaign. Mr. Wang received a Master of Business Administration degree in Marketing from Nova Southeastern University.

**Mr. Frank Shen** has served as our independent director since December 2020. Mr. Shen has more than 20 years of research and development and operation experience in telecommunication and networking technology. Since 2006, he serves as the founder and CEO of Eastern international, an export trading company that specializes in the shipment of wastes and recycling materials from America manufacturing companies to China. Since 2010, Mr. Shen also served in many non-profit organizations and community service groups. Mr. Shen serves as the president of New Jersey Chinese Computer Professionals Society, the principal of HUAXIA Chinese school. Mr. Shen received his bachelor degree in Electrical & Computer Engineering and his master of telecommunication from Zhejiang University.

#### Vote Required
The election of each of the Director Nominees for purposes of Proposal No. 1, the Director Election Proposals, will be approved if a majority of the total votes properly cast electronically or by proxy at the Meeting by the holders of ordinary shares vote "FOR" the election of such Director Nominee. Abstentions and broker non-votes will have no effect on the result of the vote.

#### Recommendation of the Board
***The Board unanimously recommends that you vote all of your shares "FOR" the election to the Board of all of the Director Nominees described in this Proposal No. 1.***

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#### Corporate Governance
*Director Independence*

Our Board reviewed the materiality of any relationship that each of our directors has with us, either directly or indirectly. Based on this review, it is determined that Ming Zhao, Everett Xiaolin Wang, Frank Shen and Charles Athle Nelson are "independent directors" as defined by the Nasdaq Stock Market ("Nasdaq").

*Committees of the Board*

The Board has established an audit committee, a compensation committee and a nominating and governance committee. Each of the committees of the Board has the composition and responsibilities described below.

<u><u>Audit Committee</u></u>

Mr. Ming Zhao, Mr. Frank Shen and Mr. Charles Athle Nelson serve as members of our audit committee. Mr. Ming Zhao serves as chairman of the audit committee. Under the Nasdaq listing standards and applicable SEC rules, we are required to have three members of the audit committee all of whom must be independent. Mr. Ming Zhao, Mr. Frank Shen and Mr. Charles Athle Nelson are independent. Each member of the audit committee is financially literate and our Board has determined that Mr. Zhao qualifies as an "audit committee financial expert" as defined in applicable SEC rules. In the fiscal year ended December 31, 2021, the audit committee of the Board held two meetings.

We have adopted and approved a charter for the audit committee. In accordance with our audit committee charter, our audit committee shall perform several functions, including:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Selecting a qualified firm to serve as the independent registered public accounting firm to audit the Company's financial statements;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Helping to ensure the independence and performance of the independent registered public accounting firm;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Discussing the scope and results of the audit with the independent registered public accounting firm and reviewing, with management and the independent registered public accounting firm, the Company's interim and year-end financial statements;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Developing procedures for employees to submit concerns anonymously about questionable accounting or audit matters;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Reviewing the Company's policies on and oversees risk assessment and risk management, including enterprise risk management;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Reviewing the adequacy and effectiveness of internal control policies and procedures and the Company's disclosure controls and procedures;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Reviewing related person transactions; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Approving or, as required, pre-approving, all audit and all permissible non-audit services, other than de minimis non-audit services, to be performed by the independent registered public accounting firm.

<u><u>Compensation Committee</u></u>

Mr. Everett Xiaolin Wang, Mr. Frank Shen and Mr. Charles Athle Nelson are members of our Compensation Committee and Mr. Charles Athle Nelson serves as the chairman. All members of our Compensation Committee are qualified as independent under the current definition promulgated by Nasdaq. We have adopted a charter for the Compensation Committee. In accordance with the Compensation Committee's Charter, the Compensation Committee is responsible for overseeing and making recommendations to the Board regarding the salaries and other compensation of our executive officers and general employees and providing assistance and recommendations with respect to our compensation policies and practices. In the fiscal year ended December 31, 2021, the compensation committee of the Board held one meeting.

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<u><u>Nominating and Governance Committee</u></u>

Mr. Everett Xiaolin Wang, Mr. Frank Shen and Mr. Charles Athle Nelson are the members of our Nominating and Governance Committee where Mr. Frank Shen serves as the chairman. All members of our Nominating and Governance Committee are qualified as independent under the current definition promulgated by Nasdaq. Our Board adopted and approved a charter for the Nominating and Governance Committee. In accordance with the Nominating and Governance Committee's Charter, the Nominating and Governance Committee is responsible to identify and propose new potential director nominees to the Board for consideration and review our corporate governance policies. In the fiscal year ended December 31, 2021, the nominating and governance committee of the Board held one meeting.

*Compensation Committee Interlocks and Insider Participation*

None of our executive officers currently serves, and in the past year has not served, as a member of the board of directors or compensation committee of any entity that has one or more executive officers serving on our Board.

*Code of Conduct and Ethics*

We have adopted a code of conduct and ethics applicable to our directors, officers and employees in accordance with applicable federal securities laws and Nasdaq rules.

*Family Relationships*

Mr. Peter Zuguang Wang and Mr. Raymond Z. Wang are father and son, respectively. None of our other directors or executive officers has a family relationship as defined in Item 401 of Regulation S-K.

*Legal Proceedings Involving Officers and Directors*

To the knowledge of the Company after reasonable inquiry, no Director Nominee during the past ten years, or any promoter who was a promoter at any time during the past five fiscal years, has (1) been subject to a petition under the Federal bankruptcy laws or any state insolvency law was filed by or against, or a receiver, fiscal agent or similar officer was appointed by a court for the business or property of such person, or any partnership in which he was a general partner at or within two years before the time of such filing, or any corporation or business association of which he was an executive officer at or within two years before the time of such filing; (2) been convicted in a criminal proceeding or is a named subject of a pending criminal proceeding (excluding traffic violations and other minor offenses); (3) been the subject of any order, judgment, or decree, not subsequently reversed, suspended or vacated, of any court of competent jurisdiction, permanently or temporarily enjoining him from, or otherwise limiting, the following activities: (i) acting as a futures commission merchant, introducing broker, commodity trading advisor, commodity pool operator, floor broker, leverage transaction merchant, any other person regulated by the Commodity Futures Trading Commission, or an associated person of any of the foregoing, or as an investment adviser, underwriter, broker or dealer in securities, or as an affiliated person, director or employee of any investment company, bank, savings and loan association or insurance company, or engaging in or continuing any conduct or practice in connection with such activity; (ii) engaging in any type of business practice; or (iii) engaging in any activity in connection with the purchase or sale of any security or commodity or in connection with any violation of Federal or State securities laws or Federal commodities laws; (4) been the subject of any order, judgment or decree, not subsequently reversed, suspended or vacated, of any Federal or State authority barring, suspending or otherwise limiting for more than 60 days the right of such person to engage in any activity described in paragraph (3)(i) of this section, or to be associated with persons engaged in any such activity; (5) been found by a court of competent jurisdiction in a civil action or by the SEC to have violated any Federal or State securities law, and the judgment in such civil action or finding by the SEC has not been subsequently reversed, suspended, or vacated; (6) been found by a court of competent jurisdiction in a civil action or by the Commodity Futures Trading Commission to have violated any Federal commodities law, and the judgment in such civil action or finding by the Commodity Futures Trading Commission has not been subsequently reversed, suspended or vacated; (7) been the subject of, or a party to, any Federal or State judicial or administrative order, judgment, decree, or finding, not subsequently reversed, suspended or vacated, relating to an alleged violation of: (i) any Federal or State securities or commodities law or regulation; or (ii) any law or regulation respecting financial institutions or insurance companies including, but not limited to,

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a temporary or permanent injunction, order of disgorgement or restitution, civil money penalty or temporary or permanent cease-and-desist order, or removal or prohibition order; or (iii) any law or regulation prohibiting mail or wire fraud or fraud in connection with any business entity; or (8) been the subject of, or a party to, any sanction or order, not subsequently reversed, suspended or vacated, of any self-regulatory organization (as defined in Section 3(a)(26) of the Securities Exchange Act of 1934 ("***Exchange Act***") (15 U.S.C. 78c(a)(26)), any registered entity (as defined in Section 1(a)(29) of the Commodity Exchange Act (7 U.S.C. 1(a)(29)), or any equivalent exchange, association, entity or organization that has disciplinary authority over its members or persons associated with a member.

There are no material pending legal proceedings to which any of the individuals listed above is party adverse to the Company or any of its subsidiaries or has a material interest adverse to the Company or any of its subsidiaries.

*Shareholder Communications with the Board*

We have not implemented a formal policy or procedure by which our shareholders can communicate directly with our Board. Nevertheless, every effort will be made to ensure that the views of shareholders are heard by the Board, and that appropriate responses are provided to shareholders in a timely manner. During the upcoming year, our Board will continue to monitor whether it would be appropriate to adopt such a process.

#### Board Diversity Matrix

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  **Board Diversity Matrix as of December 31, 2022** | **Board Diversity Matrix as of December 31, 2022** | **Board Diversity Matrix as of December 31, 2022** | **Board Diversity Matrix as of December 31, 2022** | **Board Diversity Matrix as of December 31, 2022** | **Board Diversity Matrix as of December 31, 2022** |
|  ***Total Number of Directors*** |  |  | **5** |  |  |
|  | **Female** | **Male** |  | **Non-Binary** | **Did Not <br>Disclose <br>Gender** |
|  *Part I: Gender Identity* |  |  |  |  |  |
|  Directors |  | 5 |  |  |  |
|  *Part II: Demographic Background* |  |  |  |  |  |
|  African American or Black |  |  |  |  |  |
|  Alaskan Native or Native American |  |  |  |  |  |
|  Asian |  | 4 |  |  |  |
|  Hispanic or Latinx |  |  |  |  |  |
|  Native Hawaiian or Pacific Islander |  |  |  |  |  |
|  White |  | 1 |  |  |  |
|  Two or More Races or Ethnicities |  |  |  |  |  |
|  LGBTQ+ |  |  |  |  |  |
|  Did Not Disclose Demographic Background |  |  |  |  |  |

---

#### Director Compensation
The following table represents compensation earned by our directors in 2021.

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  **Name** | **Fees <br>earned in <br>cash <br>($)** | **Share <br>awards <br>($)** | **Option <br>awards <br>($)** | **All other <br>compensation <br>($)** | **Total <br>($)** |
|  Peter Zuguang Wang | $— | $20575 |  |  | $20575 |
|  Frank Shen | $— | $20575 |  |  | $20575 |
|  Ming Zhao | $— | $20575 |  |  | $20575 |
|  Everett Xiaolin Wang | $— | $20575 |  |  | $20575 |
|  Charles Athle Nelson | $— | $20575 |  |  | $20575 |

---

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#### Executive Officers
Our current executive officers are as follows:

---

| | | |
|:---|:---|:---|
|  **Name** | **Age** | **Position** |
|  Raymond Z. Wang | 38 | Chief Executive Officer and President |
|  Jing Jin | 38 | Chief Financial Officer |

---

**Mr. Raymond Z. Wang** has served as our Chief Executive Officer and President since October 24, 2019. Mr. Wang serves as Vice Chairman of the board of ONE Project, a non-profit organization that unifies local communities to collectively tackle social issues such as hunger. He has also served as the Chief Executive Officer of Zhongchai Holding since April 2019. From November 2017 to March 2019, Mr. Wang was the President of Devirra Corporation, a warehousing management and logistic Company. From August 2007 to July 2017, Mr. Wang worked as the Vice President at Bank of America Merrill Lynch, developing a client acquisition channel for an online platform. From December 2005 to March 2007, Mr. Wang served as the Financial Advisor at Cowan Financial Group, a full-service financial planning and consulting firm, in New York. Mr. Wang received his Bachelor's degree in Economics from Rutgers University.

**Mr. Jing Jin** has served as our Chief Financial Officer since October 24, 2019. He has also served as the Chief Financial Officer of Zhongchai Holding since August 2019. Prior to that, Mr. Jin served as the Chief Financial Officer of Tantech Holdings Ltd. (Nasdaq: TANH), a manufacturer of bamboo-based charcoal products in the PRC, from May 2016 to June 2019. From January 2014 to February 2015, Mr. Jin served as Senior Adviser for AAIC (Shanghai) Co., Ltd., a consulting Company in the PRC, responsible for overseeing M&A transactions. From September 2011 to November 2013, he worked as a senior financial adviser in CanAccess Int'l Financial Consultants Ltd. in Vancouver, Canada, responsible for small-medium enterprises' financing both in private and public sectors. From December 2008 to August 2011, Mr. Jin was an audit associate at MaloneBailey, LLP, an accounting firm, in its offices in Canada and the PRC. Mr. Jin graduated from Simon Fraser University in June 2008 in Burnaby, Canada with a Bachelor of Business Administration degree.

#### Summary Compensation Table
Greenland Technologies Holding Corporation is a "smaller reporting company" under the rules promulgated by the SEC and the Company complies with the disclosure requirements applicable to smaller reporting companies. This executive compensation summary is not intended to meet the "Compensation Discussion and Analysis" disclosure required of larger reporting companies.

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  **Name and Principal Position** | **Year** | **Salary <br>($)** | **Bonus <br>($)** | **Share <br>Awards <br>($)** | **Option <br>Awards <br>($)** | **Non-Equity <br>Incentive Plan <br>Compensation <br>($)** | **Nonqualified <br>deferred <br>compensation <br>earnings <br>($)** | **All Other <br>Compensation <br>($)** | **Total <br>($)** |
|  Raymond Z. Wang, <br>Chief Executive Officer and President<sup>(1)</sup> | 2021 | 145000 |  | 395760 |  |  |  |  | 540760 |
|  Jing Jin, <br>Chief Financial Officer<sup>(2)</sup> | 2021 | 136000 |  |  |  |  |  |  | 136000 |

---

____________

(1) Mr. Wang has served as the Chief Executive Officer and President of the Company since October 24, 2019.

(2) Mr. Jin has served as the Chief Financial Officer of the Company since October 24, 2019.

#### Outstanding Equity Awards at Fiscal Year-End
None.

#### Employment Contracts, Termination of Employment, Change-in -Control Arrangements
On October 24, 2019, the Company entered into employment agreements (each an "Employment Agreement," collectively, the "Employment Agreements") with Mr. Raymond Z. Wang and Mr. Jing Jin, (each an "officer," collectively, "Officers"), all of which are filed as exhibits to the Form 8-K (File No. 001-38605) the Company filed with the SEC on October 30, 2019.

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Under the Employment Agreements, each Officer is employed for a specific period. We may terminate the employment with any Officer for cause, at any time, without advance notice or remuneration, for certain acts of the Officer, including, but not limited to, conviction or plea of guilty to a crime, gross negligence, dishonest act that has caused detriment to the Company, or a failure to perform agreed duties. The Company may terminate the employment with the Officer without cause, at any time, upon one-month prior written notice. Upon termination without cause, the Company shall provide certain severance payments and benefits to the executive specified in the Employment Agreements. The Officer may terminate the Employment at any time with a one-month prior written notice to the Company, if (1) there is a material reduction in the Officer's authority, duties and responsibilities, or (2) there is a material reduction in the Officer's annual salary.

Each of the Officers agreed, at all times during the term of the employment and after his termination, to hold in the strictest confidence, and not to use, except for the benefit of the Company, or to disclose to any person, corporation or other entity without prior written consent of the Company, any confidential information defined therein.

#### Delinquent Section 16(a) Reports
Section 16(a) of the Exchange Act, requires our directors, officers and persons who own more than 10% of our Ordinary Shares to file with the SEC initial reports of ownership and reports of changes in ownership of Ordinary Shares and other of our equity securities. To our knowledge, based solely on review of the copies of such reports furnished to us, during fiscal year ended December 31, 2021, all Section 16(a) filings applicable to officers, directors and greater than 10% shareholders were made on time.

#### Security Ownership of Certain Beneficial Owners and Management
The following table sets forth information regarding the beneficial ownership of our ordinary shares as of the Record Date by our officers, directors and 5% or greater beneficial owners of ordinary shares. There is no other person or group of affiliated persons, known by us to beneficially own more than 5% of our ordinary shares.

We have determined beneficial ownership in accordance with the rules of the SEC. These rules generally attribute beneficial ownership of securities to persons who possess sole or shared voting power or investment power with respect to those securities. The person is also deemed to be a beneficial owner of any security of which that person has a right to acquire beneficial ownership within 60 days. Unless otherwise indicated, the person identified in this table has sole voting and investment power with respect to all shares shown as beneficially owned by him, subject to applicable community property laws.

---

| | | | |
|:---|:---|:---|:---|
|  **Class of Shares** | **Directors and named Executive Officers\*\*<sup>†</sup>** | **Amount <br>Beneficially <br>Owned on <br>Record Date** | **Percent of <br>Class <br>Owned on <br>Record Date** |
|  Ordinary Shares | Peter Zuguang Wang<sup>(1)</sup> | 6214240 | 49.40% |
|  Ordinary Shares | Raymond Z. Wang | 120000 | \* |
|  Ordinary Shares | Jing Jin |  |  |
|  Ordinary Shares | Everett Xiaolin Wang | 2500 | \* |
|  Ordinary Shares | Frank Shen | 2500 | \* |
|  Ordinary Shares | Charles Athle Nelson | 2500 | \* |
|  Ordinary Shares | Ming Zhao | 2500 | \* |
|  Ordinary Shares | All Directors and executive officers as a group (8 persons) | 6344240 | 50.43% |
|  | **5% Security Holders** |  |  |
|  | Peter Zuguang Wang and his affiliated entity<sup>(1)</sup> | 6214240 | 49.40% |

---

____________

\* Aggregate number of shares accounts for less than 1% of our total ordinary shares outstanding as of the Record Date.

\*\* Except as otherwise indicated, the persons named in this table have sole voting and investment power with respect to all ordinary shares shown as beneficially owned by them, subject to community property laws where applicable and to the information contained in the footnotes to this table.

† The business address of such individual is 50 Millstone Road, Building 400 Suite 130, East Windsor, NJ 08512.

(1) Represents 2,500 ordinary shares directly owned by Peter Zuguang Wang and 6,731,949 ordinary shares held by Cenntro Holding Limited, a company incorporated in Hong Kong and wholly owned by Peter Zuguang Wang.

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#### Certain Relationships and Related Transactions

---

| | |
|:---|:---|
|  ***Names and Relationship of Related Parties*** | **Existing Relationship with the Company** |
|  Sinomachinery Holding Limited | Under common control of Peter Zuguang Wang |
|  Cenntro Holding Limited | Controlling shareholder of the Company |
|  Zhejiang Kangchen Biotechnology Co., Ltd. | Under common control of Peter Zuguang Wang |
|  Cenntro Smart Manufacturing Tech. Co., Ltd. | Under common control of Peter Zuguang Wang |
|  Zhejiang Zhonggong Machinery Co., Ltd. | Under common control of Peter Zuguang Wang |
|  Zhejiang Zhonggong Agricultural Equipment Co., Ltd. | Under common control of Peter Zuguang Wang |
|  Xinchang County Jiuxin Investment Management Partnership (LP) | Under control of Mr. Mengxing He, the General Manger and one of the directors of Zhejiang Zhongchai |
|  Zhuhai Hengzhong Industrial Investment Fund (Limited Partnership) | Under common control of Peter Zuguang Wang |
|  Hangzhou Cenntro Autotech Co., Limited | Under common control of Peter Zuguang Wang |
|  Peter Zuguang Wang | Chairman of the Company |
|  Greenland Asset Management Corporation | Shareholder of the Company |
|  Hangzhou Jiuru Economic Information Consulting Co. Ltd | One of the directors of Hengyu |
|  Xinchang County Jiuhe Investment Management Partnership (LP) | Under control of Mr. Mengxing He, the General Manger and one of the directors of Zhejiang Zhongchai/NCI of Zhejiang Zhongchai |
|  Cenntro Automotive Corporation | Under common control of Peter Zuguang Wang |

---

#### Summary of Balances with Related Parties
*Due to related parties*

---

| | | |
|:---|:---|:---|
|  | **As of** | **As of** |
|  | **December 31, 2021** | **December 31, 2020** |
|  **Due to related parties:** |  |  |
|  Sinomachinery Holding Limited<sup>(1)</sup> | $— | $1775869 |
|  Zhejiang Kangchen Biotechnology Co., Ltd<sup>(2)</sup> |  | 64505 |
|  Zhejiang Zhonggong Machinery Co., Ltd.<sup>(3)</sup> | 409807 | 538166 |
|  Zhejiang Zhonggong Agricultural Equipment Co., Ltd.<sup>(4)</sup> |  |  |
|  Cenntro Smart Manufacturing Tech. Co., Ltd.<sup>(5)</sup> | 2903 | 3602 |
|  Zhuhai Hengzhong Industrial Investment Fund (Limited Partnership)<sup>(6)</sup> | 94442 | 514365 |
|  Cenntro Holding Limited<sup>(7)</sup> | 1341627 | 1591627 |
|  Peter Zuguang Wang<sup>(7)</sup> |  | 25000 |
|  Cenntro Automotive Corporation<sup>(7)</sup> | 11462 |  |
|  Xinchang County Jiuxin Investment Management Partnership (LP)<sup>(7)</sup> | 1569218 | 4347985 |
|  Hangzhou Jiuru Economic Information Consulting Co. Ltd<sup>(7)</sup> | 190000 | 190000 |
|  **Total** | $**3619459** | $**9051119** |

---

____________

The balance of due to related parties as of December 31, 2021 and December 31, 2020 consisted of:

(1) Overpayment from Sinomachinery Holding Limited for certain purchase order;

(2) Temporary borrowings from Zhejiang Kangchen Biotechnology Co., Ltd.,

(3) Unpaid balances for purchasing of materials and equipment and temporary borrowing from Zhejiang Zhonggong Machinery Co., Ltd.;

(4) Unpaid balances for purchasing of materials from Zhejiang Zhonggong Agricultural Equipment Co., Ltd.;

(5) Prepayment from Cenntro Smart Manufacturing Tech. Co., Ltd.

(6) Temporary borrowings from Zhuhai Hengzhong Industrial Investment Fund (Limited Partnership); and

(7) Borrowings from related parties.

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*Due from related parties*

---

| | | |
|:---|:---|:---|
|  | **As of** | **As of** |
|  | **December 31, 2021** | **December 31, 2020** |
|  **Due from related parties-current:** |  |  |
|  Zhuhai Hengzhong Industrial Investment Fund (Limited Partnership) | 219691 |  |
|  Cenntro Holding Limited | $39459874 | $38535171 |
|  **Total** | $**39679565** | $38535171 |

---

The balance of due from related parties as of December 31, 2021 and December 31, 2020 consisted of:

Other receivable from Cenntro Holding Limited was $39.68 million and $38.5 million as of December 31, 2021 and December 31, 2020, respectively.

The Company expects the amount due from its equity holder, Cenntro Holding will pay back based on certain payment schedules, with the last payment to be made by June 30, 2024, as the Company and Cenntro Holding Limited mutually agreed to an extension of the repayment deadline from April 27, 2022.

#### Related Party Funds Lending
A summary of funds lending with related parties for the years ended December 31, 2021 and 2020 are listed below:

---

| | | |
|:---|:---|:---|
|  | **For the years ended <br>December 31,** | **For the years ended <br>December 31,** |
|  | **2021** | **2020** |
|  **Withdraw funds from related parties:** |  |  |
|  Zhejiang Zhonggong Machinery Co., Ltd. | 77611 | 646926 |
|  Cenntro Holding Limited | 251973 | 251973 |
|  Xinchang County Jiuxin Investment Management Partnership (LP) |  | 435249 |
|  Zhuhai Hengzhong Industrial Investment Fund (Limited Partnership) | 35080 | 79796 |
|  Peter Zuguang Wang | 25000 | 25000 |
|  Greenland Asset Management Corporation |  | 70000 |
|  Cenntro Smart Manufacturing Tech. Co., Ltd. | 29647 |  |

---

---

| | | |
|:---|:---|:---|
|  | **For the years ended <br>December 31,** | **For the years ended <br>December 31,** |
|  | **2021** | **2020** |
|  **Deposit funds with related parties:** |  |  |
|  Zhejiang Zhonggong Machinery Co., Ltd. | 139699 | 594841 |
|  Zhuhai Hengzhong Industrial Investment Fund (Limited Partnership) | 677697 | 43525 |
|  Greenland Asset Management Corporation |  | 70000 |
|  Xinchang County Jiuxin Investment Management Partnership (LP) | 2851515 |  |
|  Cenntro Smart Manufacturing Tech. Co., Ltd. | 36632 |  |
|  Peter Zuguang Wang | 25000 |  |
|  Cenntro Holding Limited | 250000 |  |
|  Zhejiang Kangchen Biotechnology Co., Ltd | 64505 |  |

---

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#### Related Party Dividend Payment
A summary of dividend payment to related parties for the years ended December 31, 2021 and 2020 are listed below:

---

| | | |
|:---|:---|:---|
|  | **For the years ended <br>December 31,** | **For the years ended <br>December 31,** |
|  | **2021** | **2020** |
|  **Dividend payment to related parties:** |  |  |
|  Xinchang County Jiuxin Investment Management Partnership (LP) |  | 1,517,173 |

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#### PROPOSAL NO. 2 — THE AUDITOR RATIFICATION PROPOSAL
We are asking our shareholders to ratify the appointment of WWC as our independent registered public accounting firm for the fiscal year ended December 31, 2022. In the event our shareholders fail to ratify the appointment, the audit committee and the Board may reconsider this appointment.

We have been advised by WWC that neither of the firm nor any of its respective associates had any relationship during the last fiscal year with our company other than the usual relationship that exists between independent registered public accountant firms and their clients. Representatives of WWC are not expected to attend the Meeting and therefore are not expected to be available to respond to any questions. As a result, representatives of WWC will not make a statement at the Meeting.

#### Principal Accountant Fees and Services
The following table represents fees for professional audit services rendered by external accounting firms and auditing firms for the audit of our consolidated financial statements for the years ended December 31, 2021 and 2020 and fees billed for other services rendered in each year.

#### WWC Professional Corporation

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| | | |
|:---|:---|:---|
|  **Types of Fees** | **2021** | **2020** |
|  Audit fees<sup>(1)</sup> | $250000 | $300000 |
|  Audit-related fees<sup>(2)</sup> |  |  |
|  Tax fees<sup>(3)</sup> |  |  |
|  All other fees<sup>(4)</sup> |  |  |
|  **Totals** | $250000 | $300000 |

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____________

(1) Audit fees consist of fees for the audit of our annual financial statements or services that are normally provided in connection with statutory and regulatory annual and quarterly filings or engagements..

(2) Audit-related fees consist of fees for accounting, assurance and related services that are reasonably related to the performance of the audit or review of our financial statements and are not reported as Audit Fees.

(3) Tax fees consist of fees for tax compliance services, tax advice and tax planning.

(4) Any other fees not included in Audit Fees, Audit-Related Fees, or Tax Fees.

#### Policies and Procedures Relating to Approval of Services by our Independent Registered Public Accountants
The audit committee is solely responsible for the approval in advance of all audit and permitted non-audit services to be provided by our independent registered public accounting firms (including the fees and other terms thereof), subject to the *de minimis* exceptions for non-audit services provided by Section 10A(i)(1)(B) of the Exchange Act, which services are subsequently approved by the audit committee prior to the completion of the audit. None of the fees listed above are for services rendered pursuant to such *de minimis* exceptions.

The audit committee of our Board has established its pre-approval policies and procedures, pursuant to which the audit committee approved the foregoing audit, tax and non-audit services provided by WWC in 2020 and 2021. Consistent with the audit committee's responsibility for engaging our independent auditors, all audit and permitted non-audit services require pre-approval by the audit committee. The full audit committee approves proposed services and fee estimates for these services. One or more independent directors serving on the audit committee may be delegated by the full audit committee to pre-approve any audit and non-audit services. Any such delegation shall be presented to the full audit committee at its next scheduled meeting. Pursuant to these procedures, the audit committee approved the foregoing audit services provided by WWC.

#### Vote Required
Proposal No. 2 — the Auditor Ratification Proposal (the ratification of the appointment of WWC to serve as our independent registered public accounting firm for the fiscal year ended December 31, 2022) will be approved if a majority of the total votes properly cast electronically or by proxy at the Meeting by the holders of Ordinary Shares vote "FOR" the proposal. Abstentions and broker non-votes will have no effect on the result of the vote, but will be treated as present at the Meeting for purposes of determining the presence or absence of a quorum for the Meeting.

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Unless marked to the contrary, the shares represented by the enclosed proxy card will be voted "FOR" ratification of the appointment of WWC as the independent registered public accounting firm of the Company for the fiscal year ended December 31, 2022.

#### Recommendation of the Board
***The Board unanimously recommends that you vote all of your shares "FOR" the ratification of the appointment of WWC as our independent registered public accounting firm for the fiscal year ended December 31, 2022, as described in this Proposal No. 2.***

#### Audit Committee Report
The primary purpose of the audit committee is to assist the Board in fulfilling its responsibility to oversee our financial reporting activities. The audit committee is responsible for reviewing with both our independent registered public accounting firm and management, our accounting and reporting principles, policies and practices, as well as our accounting, financial and operating controls and staff. The audit committee has reviewed and discussed our audited financial statements with management, and has discussed with our independent registered public accounting firm the matters required to be discussed by Statement on Auditing Standards No. 61, as amended (Codification of Statements on Auditing Standards, AU 380), as adopted by the Public Company Accounting Oversight Board (the ***"PCAOB"***) in Rule 3200T. Additionally, the audit committee has received the written disclosures and the letter from our independent registered public accounting firm, as required by the applicable requirements of the PCAOB, and has discussed with the independent registered public accounting firm the independent registered public accounting firm's independence. Based upon such review and discussion, the audit committee recommended to the Board that the audited financial statements be included in our Annual Report on Form 10-K for the last fiscal year ended December 31, 2021 for filing with the SEC.

Ming Zhao

Frank Shen

Charles Athle Nelson

*The information contained in this proxy statement with respect to the audit committee's report above and the independence of the members of the audit committee shall not be deemed to be "soliciting material" or to be "filed" with the SEC, nor shall such information be incorporated by reference into any future filing under the Securities Act of 1933, as amended or the Exchange Act, except to the extent that the Company specifically incorporates it by reference in such filing.*

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#### PROPOSAL NO. 3: THE ADJOURNMENT PROPOSAL
The Adjournment Proposal would instruct the chairman of the Meeting to adjourn the Meeting to a later date, if necessary, under certain circumstances, including for the purpose of soliciting additional proxies in favor of the foregoing Proposals, in the event the Company does not receive the requisite shareholder vote to approve the Proposals. If the Adjournment Proposal is approved, we will be able to adjourn the Meeting for the purpose of soliciting additional proxies to approve the Director Election Proposals and the Auditor Ratification Proposal. If you have previously submitted a proxy on the proposals discussed in this proxy statement and wish to revoke it upon adjournment of the Meeting, you may do so.

#### Vote Required for Approval
The approval of the Adjournment Proposal requires a simple majority of votes cast by shareholders entitled to vote, voting in person or by proxy or by corporate representative, at the Meeting.

Shares represented at the Meeting but not voted, including abstentions and broker "non-votes," will be treated as present at the Meeting for purposes of determining the presence or absence of a quorum for the Meeting.

#### Recommendation of Our Board

#### The Board unanimously recommends that you vote "FOR" Proposal No. 3, the Adjournment Proposal.

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#### OTHER MATTERS
Our Board knows of no other matter to be presented at the Meeting. If any additional matter should properly come before the Meeting, it is the intention of the persons named in the enclosed proxy to vote such proxy in accordance with their judgment on any such matters.

#### OTHER INFORMATION

#### Deadline for Submission of Shareholder Proposals for 2022 Annual Meeting of Shareholders
For any proposal to be considered for inclusion in our proxy statement and form of proxy for submission to the shareholders at our 2022 Annual General Meeting of Shareholders, it must be submitted in writing and comply with the requirements of Rule 14a-8 of the Exchange Act. Such proposals must be received by the Company at its offices at 50 Millstone Road, Building 400 Suite 130, East Windsor, NJ 08512, Attention: Raymond Z. Wang, Chief Executive Officer, no later than December 10, 2022.

Notice of a shareholder proposal submitted outside of the processes of Rule 14a-8 for the 2022 Annual General Meeting of Shareholders will be considered untimely unless received by us no later than 45 days before the date on which we first sent our proxy materials for this year's annual meeting.

If we are not notified of a shareholder proposal a reasonable time prior to the time we send our proxy statement for our 2022 Annual General Meeting of Shareholders, then our Board will have discretionary authority to vote on the shareholder proposal, even though the shareholder proposal is not discussed in the proxy statement. In order to curtail any controversy as to the date on which a shareholder proposal was received by us, it is suggested that shareholder proposals be submitted by certified mail, return receipt requested, and be addressed to Greenland Technologies Holding Corporation, 50 Millstone Road, Building 400 Suite 130, East Windsor, NJ 08512, Attention: Raymond Z. Wang, Chief Executive Officer. Notwithstanding, the foregoing shall not affect any rights of shareholders to request inclusion of proposals in our proxy statement pursuant to Rule 14a-8 under the Exchange Act nor grant any shareholder a right to have any nominee included in our proxy statement.

#### Director Attendance
The Board held two meetings in 2021. None of our directors attended the annual meeting last year.

#### Proxy Solicitation
The solicitation of proxies is made on behalf of the Board and we will bear the cost of soliciting proxies. The Company will bear the costs of holding the annual general meeting and the cost of soliciting proxies, including costs of printing and mailing the proxy card. The Company's directors, officers and employees may solicit proxies by mail, email, telephone, facsimile or other means of communication. These directors, officers and employees will not be paid additional remuneration for their efforts, but may be reimbursed for out-of-pocket expenses incurred in connection therewith.

#### Annual Report
The Annual Report is being sent with this Proxy Statement to each shareholder and is available at *www.proxyvote.com* as well as on the SEC's website at *www.sec.gov*. The Annual Report contains our audited financial statements for the fiscal year ended December 31, 2021. The Annual Report, however, is not to be regarded as part of the proxy soliciting material.

#### Delivery of Proxy Materials to Households
Only one copy of this proxy statement and one copy of our Annual Report are being delivered to multiple registered shareholders who share an address unless we have received contrary instructions from one or more of the shareholders. A separate form of proxy and a separate notice of the Meeting are being included for each account at the shared address. Registered shareholders who share an address and would like to receive a separate copy of our Annual Report and/or a separate copy of this proxy statement, or have questions regarding the householding process, may contact Broadridge Investor Communication Solutions, Inc., or by forwarding a written request addressed to

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Broadridge Investor Communication Solutions, Inc., 1 State St, 30<sup>th</sup> Floor, New York, NY 10004. Promptly upon request, a separate copy of our Annual Report on Form 10-K and/or a separate copy of this proxy Statement will be sent. By contacting Broadridge Investor Communication Solutions, Inc., 5 Dakota Drive, Suite 300, Lake Success, NY 11042, registered shareholders sharing an address can also (i) notify the Company that the registered shareholders wish to receive separate annual reports to shareholders, proxy statements and/or Notices of Internet Availability of Proxy Materials, as applicable, In the future or (ii) request delivery of a single copy of annual reports to shareholders and proxy statements in the future if registered shareholders at the shared address are receiving multiple copies.

Many brokers, brokerage firms, broker/dealers, banks and other holders of record have also instituted "householding" (delivery of one copy of materials to multiple shareholders who share an address). If your family has one or more "street name" accounts under which you beneficially own ordinary shares, you may have received householding information from your broker, brokerage firm, broker/dealer, bank or other nominee in the past. Please contact the holder of record directly if you have questions, require additional copies of this proxy statement or our Annual Report or wish to revoke your decision to household and thereby receive multiple copies. You should also contact the holder of record if you wish to institute householding.

#### Where You Can Find Additional Information
Accompanying this proxy statement is a copy of the Company's Annual Report on Form 10-K for the year ended December 31, 2021. Such Report constitutes the Company's Annual Report to its Shareholders for purposes of Rule 14a-3 under the Exchange Act. Such Report includes the Company's audited financial statements for the fiscal year ended December 31, 2021 and certain other financial information, which is incorporated by reference herein. The Company is subject to the informational requirements of the Exchange Act and in accordance therewith files reports, proxy statements and other information with the SEC. Such reports, proxy statements and other information are available on the SEC's website at *www.sec.gov*. Shareholders who have questions in regard to any aspect of the matters discussed in this proxy statement should contact Raymond Z. Wang, our Chief Executive Officer, at 50 Millstone Road, Building 400 Suite 130, East Windsor, NJ 08512, or by telephone on 1(888) 827-4832.

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#### Annex A
SCAN TO VIEW MATERIALS & VOTE GREENLAND TECHNOLOGIES HOLDING CORP. 50 MILLSTONE ROAD BUILDING 400, SUITE 130 EAST WINDSOR, NJ 08512 VOTE BY INTERNET Before The Meeting - Go to www.proxyvote.com or scan the QR Barcode above Use the Internet to transmit your voting instructions and for electronic delivery of information. Vote by 11:59 p.m. Eastern Time on January 29, 2023. Have your proxy card in hand when you access the web site and follow the instructions to obtain your records and to create an electronic voting instruction form. During The Meeting - Go to www.virtualshareholdermeeting.com/GTEC2023 You may attend the meeting via the Internet and vote during the meeting. Have the information that is printed in the box marked by the arrow available and follow the instructions. VOTE BY PHONE - 1-800-690-6903 Use any touch-tone telephone to transmit your voting instructions. Vote by 11:59 p.m. Eastern Time on January 29, 2023. Have your proxy card in hand when you call and then follow the instructions.. VOTE BY MAIL Mark, sign and date your proxy card and return it in the postage-paid envelope we have provided or return it to Vote Processing, c/o Broadridge, 51 Mercedes Way, Edgewood, NY 11717. TO VOTE, MARK BLOCKS BELOW IN BLUE OR BLACK INK AS FOLLOWS: D94849-P84369 KEEP THIS PORTION FOR YOUR RECORDS THIS PROXY CARD IS VALID ONLY WHEN SIGNED AND DATED. DETACH AND RETURN THIS PORTION ONLY GREENLAND TECHNOLOGIES HOLDING, CORP. The Board of Directors recommends you vote FOR the following: 1. Election of Directors to serve as a Class I director until the annual shareholders meeting in 2024 and until their successors are duly elected and qualified. Nominees: For Against Abstain 1a. Ming Zhao 1b. Charles Athle Nelson 1c. Everett Xiaolin Wang The Board of Directors recommends you vote FOR the following proposals 2 and 3. 2. To ratify the appointment of WWC Professional Corporation (WWC) as the Company's independent registered public accounting firm for the fiscal year ended December 31, 2022. 1c. Everett Xiaolin Wang NOTE: To transact such other business as may properly come before the Meeting or any adjournment or postponement thereof. 3. To instruct the chairman of the Meeting adjourn the Meeting to a later date, if necessary, under certain circumstances, including for the purpose of soliciting additional proxies in favor of the foregoing Proposals, in the event the Company does not receive the requisite shareholder vote to approve the Proposals. For Against Abstain Please sign exactly as your name(s) appear(s) hereon. When signing as attorney, executor, administrator, or other fiduciary, please give full title as such. Joint owners should each sign personally. All holders must sign. If a corporation or partnership, please sign in full corporate or partnership name by authorized officer. Signature [PLEASE SIGN WITHIN BOX] Date Signature (Joint Owners) Date

Annex A-1

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Important Notice Regarding the Availability of Proxy Materials for the Annual Meeting: The Notice and Proxy Statement and Form 10-K are available at www.proxyvote.com. D94850-P84369 GREENLAND TECHNOLOGIES HOLDING CORP. Annual Meeting of Shareholders January 31, 2023 9:30 AM EST This proxy is solicited by the Board of Directors The undersigned hereby appoints Peter Zuguang Wang and Raymond Wang, and each of them, with power to act without the other and with power of substitution, as proxies and attorneys-in-fact, and hereby authorizes them to represent and vote, as provided on the other side, all the ordinary shares of Greenland Technologies Holding Corp. which the undersigned is entitled to vote and, in their discretion, to vote upon such other business as may properly come before the Annual Meeting of Shareholders of the Company to be held virtually at www.virtualshareholdermeeting.com/GTEC2023, at 9:30 AM EST, on January 31, 2023 or any adjournment thereof, with all powers which the undersigned would possess if present at the Meeting. THIS PROXY CARD, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN BY THE UNDERSIGNED. IF NO DIRECTION IS MADE BUT THE CARD IS SIGNED, THIS PROXY CARD WILL BE VOTED FOR THE ELECTION OF ALL NOMINEES UNDER PROPOSAL 1, FOR PROPOSAL 2, FOR PROPOSAL 3 AND IN THE DISCRETION OF THE PROXIES WITH RESPECT TO SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEETING. Continued and to be signed on reverse side

Annex A-2