# Greenland Acquisition Corporation to acquire Zhongchai Holding

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.

- Type: Acquisition
- Announced: 2019-07-12
- Where: China
- Status: announced
- Products: transmission products for forklift trucks, robotic cargo carriers
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md), [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Greenland Acquisition Corporation](https://endata.com/companies/40615.md) (acquirer)
- [Zhongchai Holding (Hong Kong) Limited](https://endata.com/companies/40616.md) (target)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/greenland-acquisition-corporation-announces-signing-of-agreement-to-acquire-zhongchai-holding-hong-kong-limited-300884322.html), 2019-07-12: "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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.