On March 12, 2026, Greenland Technologies Holding Corporation (the "Company") received a notification letter from the Listing Qualifications staff of The Nasdaq Stock Market LLC ("Nasdaq") indicating that the closing bid price for the Company's Class A ordinary shares has been below the minimum requirement of $1.00 per share for continued listing on The Nasdaq Capital Market. This notification, referred to as the Bid Price Deficiency Letter, is a notice of deficiency and does not currently affect the listing or trading of the Company's shares. The Company has 180 days, until September 8, 2026, to regain compliance by maintaining a closing bid price of at least $1.00 per share for a minimum of 10 consecutive business days. If the Company fails to regain compliance by this date, it may be eligible for an additional compliance period of 180 calendar days if it meets other listing requirements. The Company intends to monitor its share price closely and consider options to regain compliance, including potential share consolidation. However, there is no assurance that it will be able to meet the minimum bid price requirement during the compliance period or at all.

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