Research from Water Tower Research, Water Tower Research

Water Tower Research

Water Tower Research is a leading equity research firm that provides research on micro, small and mid cap companies.

Water Tower Research was founded by Wall Street veterans after witnessing a fundamental shift in the investment research industry with the result being a declining knowledge base among investors, a lack of awareness and a shrinking pool of fundamental research being conducted on companies across the small-cap and micro-cap spectrum. The same issues are now increasingly occurring in the mid-cap space. This sea change within the investment community is impacting not only the companies themselves but also current shareholders and potential investors. With significantly less active sell-side sponsorship by Wall Street, a substantial information gap has developed between companies and various constituents in the financial community. The net result is fewer channels for insight and information to flow between companies and investors.

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Equity Bottom-Up

Greenland Technologies Holdi / Equity Bottom-Up

<ul><li>GTEC CEO Raymond Wang has purchased 66,500 shares in the open market at a cost of $1.50 per share, with the Form 4 filing made after the close on May 23.</li><li>The shares acquired represent slightly more than one half a percent of the total shares outstanding and have increased the CEO’s ownership by more than 55%.</li><li>We note that these shares are not part of an incentive program or corporate grant.</li></ul>

GTEC CEO Raymond Wang has purchased 66,500 shares in the open market at a cost of $1.50 per share, with the Form 4 filing made after the close on May 23.The shares acquired represent slightly more than one half a percent of the total shares outstanding and have increased the CEO’s ownership by more than 55%.We note that these shares are not part of an incentive program or corporate grant.

Greenland Technologies Holding Corp. - Pen Market Purchase by CEO Shows Confidence in Outlook