Green Control Transmission successfully passed the IPO of the Growth Enterprise Market Listing Committee, and the market share of electric motors for new energy heavy trucks has been ranked first in the industry for three consecutive years.

On May 13th, Suzhou Green Control Transmission Technology Co., Ltd. (referred to as Green Control Transmission) successfully passed the listing committee meeting of the ChiNext Board of the Shenzhen Stock Exchange. CICC is the sponsor institution, with a planned fundraising of 1.58 billion yuan. The prospectus shows that Green Control Transmission is one of the leading enterprises in the domestic new energy commercial vehicle electric drive system industry. Based on the innovation of electric drive system-related technologies, the company provides customers with electric drive systems, components, and related technology development and services. The company's main products are electric drive systems for new energy commercial vehicles, mainly used in pure electric, hybrid, and fuel cell commercial vehicles as well as non-road mobile machinery. During the reporting period, the company's main business income by product category is shown in the table below: With the advantages of technology, craftsmanship, and service, the company has become a mainstream powertrain system supplier for leading new energy commercial vehicle manufacturers such as XCMG Group, Sany Group, Dongfeng Motor, and Xiamen Golden Dragon. Sany Group and XCMG Group ranked in the top two in new energy heavy-duty truck sales in 2025, with a combined market share of 29.93%. The company is one of the leading enterprises in the domestic new energy commercial vehicle electric drive system industry and holds an important market position in the field of new energy heavy-duty trucks. According to Koris Consulting research data, in 2023, 2024, and 2025, the company's market share for new energy heavy-duty truck motor matching continued to rank first in the industry, showing a clear leading advantage in the industry. Financially, in the 2023, 2024, and 2025 fiscal years, Green Control Transmission achieved operating income of approximately 770 million yuan, 1.328 billion yuan, and 3.354 billion yuan respectively; during the same period, net profits were -12.3338 million yuan, 48.0427 million yuan, and approximately 153 million yuan respectively.