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Greenland Acquisition Corporation, a blank check company, signed a definitive share exchange agreement to acquire Zhongchai Holding (Hong Kong) Limited, a developer and manufacturer of transmission products for material handling machineries in China. Zhongchai Holding will become a wholly-owned subsidiary, and the company will rename to Greenland Technologies Holding Corporation.
“Greenland Acquisition Corporation announced today that it has signed a definitive share exchange agreement with Zhongchai Holding (Hong Kong) Limited, a leading developer and manufacturer of transmission products for material handling machineries in China.”prnewswire.com
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