Green Giant Inc.
GGE
NASDAQ Capital Market0.04
USD
+0.01
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Green Giant Inc.
GGE
(NASDAQ Capital Market)
Recent
price
0.04
P/E
ratio
- -
div
yld
- -
ROIC.AI
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- Business
- Green Giant Inc. (GGEI) operates as a real estate development company primarily focused on the construction and sale of residential apartments, parking lots, car parks, and commercial properties in China; it develops multi-layer, sub-high-rise, and high-rise apartment buildings, office buildings, and related road construction projects, while providing ancillary services including land acquisition, project planning, design and construction management, sales and marketing, property management, pre-sale, and after-sale activities. Founded in 1995 by Xiao Jun Zhu and headquartered at 6 Xinghan Road, Hanzhong, Shaanxi Province, China, the company targets Tier 3 and Tier 4 cities and counties with growing populations driven by urbanization, offering affordable housing with modern designs to diverse buyer groups. Formerly known as China HGS Real Estate Inc., it changed its name to Green Giant Inc. in March 2022 and delisted from Nasdaq to OTC markets in April 2024. In recent strategic shifts, Green Giant established subsidiaries like Green Giant Energy Texas in Houston in early 2023 to pursue U.S. green energy initiatives, including battery recycling; it signed a letter of intent with ACE Green Recycling for a $6 million investment in a lithium-ion battery recycling facility in Houston, appointed Junaid Ali as CEO of Green Giant LLC for clean energy projects, and priced a $5.95 million public offering of 35 million units at $0.17 each in 2024. The company employs 95 people and trades on OTCPK with a focus on real estate development alongside emerging green energy segments such as battery storage, hydrogen, EV charging, commercial and industrial solar, and related services.
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