Who Owns Greenworks? Globe, Yin Chen and STIHL Explained

Greenworks is the self-owned flagship brand of Greenworks (Jiangsu) Co., Ltd., the Shenzhen-listed company commonly associated with Globe Tools Group. Founder Yin Chen is the actual controller. After an announced share-purchase plan was completed on April 30, 2026, he and his controlled entities held a combined 57.13%. STIHL did not control the company: its wholly owned ZAMA subsidiary held an 18.78% minority stake at March 31, 2026.

That answer corrects two common shortcuts. Greenworks is not a STIHL subsidiary, and “Globe Tools Group” is not enough to identify the legal company in a contract. The listed company, its Hong Kong controlling shareholder, regional subsidiaries, factories and model-level responsible parties must be separated.

For distributors and procurement teams, the same distinction applies to manufacturing. The group operates production bases in China, Vietnam and the United States, but a group footprint does not prove where a particular Greenworks, Kobalt or STIHL model was made.

Greenworks Ownership at a Glance

What Company Sits Behind Greenworks?

The current listed operating company is Greenworks (Jiangsu) Co., Ltd., or 格力博（江苏）股份有限公司 in Chinese. Its shares trade on the Shenzhen Stock Exchange's ChiNext market under code 301260.

The company's 2025 annual report describes Greenworks as its own brand, created in 2009. It also uses Greenworks as the company's English abbreviation and says the business researches, designs, manufactures and sells new-energy outdoor power equipment.

This matters because many English pages use Globe Tools Group as the parent-company answer. That name is useful as a commercial group description, but it is less precise than the legal structure disclosed to investors.

Greenworks' control chain includes several similarly named entities:

`Yin Chen → Greenworks Holdings Limited → GLOBE HOLDINGS (HONG KONG) CO., LIMITED → Greenworks (Jiangsu) Co., Ltd.`

The structure should not be confused with Greenworks Holding, Inc., a separate U.S. subsidiary listed in the annual report.

Who Controls Greenworks?

Yin Chen controls the listed company.

Greenworks' official 2026 first-quarter report gives a detailed ownership snapshot. At March 31, 2026:

• GLOBE HOLDINGS (HONG KONG) CO., LIMITED held 52.88%;
• Yin Chen directly held 3.96%;
• a GHHK-controlled QFII asset-management account held 0.20%; and
• the filing stated that Yin Chen's combined direct and indirect interest was 57.04%.

The report identifies him as the company's actual controller, chairman and general manager. A later share-purchase completion notice, dated May 6, 2026, reported that Yin Chen, GHHK and GHHK's QFII account together held 276,134,198 shares, or 57.13%, after the plan ended on April 30. GHHK's direct holding remained 255,598,466 shares, or 52.88%, while the QFII account had increased to 0.29%.

The percentages are time-specific. The 2025 annual report showed 57.02% for Yin Chen and 18.79% for ZAMA at December 31, 2025; the first-quarter report put Yin Chen at 57.04% at March 31, 2026; and the completion notice updated his combined interest to 57.13% at April 30. Ownership articles should therefore attach percentages to a reporting date rather than treat them as permanent.

Does STIHL Own Greenworks?

STIHL owns a meaningful indirect minority stake, but it does not control Greenworks.

In 2016, Globe Tools announced that the STIHL Group had acquired a “substantial minority share” to deepen cooperation in cordless-tool development and manufacturing. The transaction announcement did not disclose the exact percentage at the time.

That percentage is no longer unknowable. Greenworks' March 2026 shareholder table lists ZAMA Corporation Limited at 18.78%. STIHL's own production-network page says the ZAMA Group is a 100% subsidiary of the STIHL Group.

The accurate current description is therefore:

STIHL held an indirect 18.78% minority interest in Greenworks (Jiangsu) through its wholly owned ZAMA subsidiary as of March 31, 2026.

Some search results still say that no official source has disclosed STIHL's percentage. That was true of the 2016 announcement, but it is outdated after Greenworks became a listed company and began publishing shareholder tables.

STIHL also has a second relationship with Greenworks: it is an ODM customer. Greenworks' 2025 report says the company provides commissioned research, design and manufacturing services to international brands such as STIHL. The report separately states that, under the ODM model, Greenworks does not provide the brand customer's supply-chain management or pre- and after-sales services.

Investment and ODM supply are different relationships. Neither makes Greenworks a STIHL brand.

What Does “Globe Tools Group” Mean?

Globe Tools Group is the established group and manufacturing name used by Greenworks websites and corporate announcements. It remains useful for search users because it connects older Globe Tools references with today's Greenworks business.

The official Greenworks UK About Us page says Greenworks is owned by Globe Holdings Ltd. and says Globe Tools owns and manufactures the Greenworks, Greenworks Commercial, Powerworks and Cramer brands.

Legal documents add more detail. The listed company's controlling shareholder is GLOBE HOLDINGS (HONG KONG) CO., LIMITED. The U.S. terms of service, meanwhile, call Greenworks North America, LLC a licensee of the Greenworks Tools brand and the operator of the U.S. websites.

These statements are not necessarily contradictory. A corporate group can centralize brand rights in one entity and license them to operating subsidiaries. The B2B lesson is that “owned by Globe” answers the consumer-level question, while contracts and trademark checks require the exact legal entity, territory and product class.

Who Manufactures Greenworks Products?

Greenworks is both a brand owner and a vertically integrated manufacturer. Its 2025 annual report describes a three-country manufacturing system covering China, Vietnam and the United States.

The roles differ by base:

The company also says its China and Vietnam operations can design and manufacture more than 80% of core components, including battery packs, brushless motors, controllers and chargers.

That is a group capability statement, not a certificate of origin. For an exact product, buyers should still check the rating label, packaging, declaration of conformity, regulatory filing, recall record and factory audit.

Which Regional Companies Sell or Support Greenworks?

Greenworks is not operated by one legal company worldwide. The 2025 annual report lists a network of controlled subsidiaries with different functions.

Customer-facing terms reinforce the regional split. The U.S. warranty generally requires the product to have been built for the U.S. market, registered in the U.S. and used mainly in the U.S. or Canada. Canada's terms name Greenworks Tools Canada Inc. as the local brand licensee and site operator, while the Canadian warranty applies to products built for sale in Canada.

For a distributor, the relevant question is not merely “Who owns Greenworks?” It is “Which company is named as seller, importer, warranty provider and data controller for this market and model?”

Does Greenworks Make Kobalt or Other Brands?

Greenworks operates more than one manufacturing model.

Its annual report separates:

• own-brand business, where Greenworks handles brand building, marketing and after-sales service;
• store-brand business, where it develops and manufactures products for large retailers and can provide supply-chain and service functions; and
• ODM business, where it designs and manufactures for international equipment brands such as STIHL.

The report says Greenworks and Lowe's launched a Kobalt 24V OPE solution in 2025. A current U.S. CPSC recall for specified Kobalt 24V and 48V yard tools names Greenworks North America, LLC as the importer and lists China and Vietnam as the manufacturing countries for those recalled products.

That is strong model-level evidence for the products named in the recall. It is not evidence that Greenworks manufactures every Kobalt tool.

The same rule applies within Greenworks' own portfolio. A 2021 CPSC pressure-washer spray-gun recall named Hongkong Sun Rise Trading Ltd. as the distributor and China as the country of manufacture. Different models and periods can place responsibility on different group companies.

Why This Matters for Cleaning and Robotic Equipment

Greenworks is relevant to World Clean Biz beyond lawn mowers and blowers.

The listed company's report includes pressure washers, intelligent robotic mowers and autonomous zero-turn riding mowers in its product system. Its 24V ecosystem spans power tools, garden equipment and cleaning machines. Greenworks' Canadian service pages also identify vacuums, robotic vacuums and pressure washers as product categories handled through the support system.

For cleaning-equipment and robotics buyers, ownership research affects:

• battery and charger compatibility;
• spare-parts and service availability;
• commercial-use warranty limits;
• radio, battery and machinery compliance;
• importer and recall responsibility; and
• App, account and product-registration data.

A common brand and battery voltage do not prove cross-region compatibility or common responsibility.

What Distributors and Suppliers Should Verify

Before approving a Greenworks sourcing, distribution or compliance claim, verify:

1. Brand right: Who owns or licenses the relevant mark in the target country and product class?
2. Equity relationship: Is the named company a controller, minority shareholder, customer, supplier or affiliate?
3. Business model: Is the product Greenworks-branded, a retailer's private label or an ODM product for another brand?
4. Contracting seller: Which legal entity appears in the quotation, order, invoice and website terms?
5. Importer or responsible person: Which company appears on the packaging, recall notice and local compliance files?
6. Manufacturer of record: Which company is named on the rating label, declaration, certification or recall record?
7. Factory and origin: Does the factory audit cover the exact site, production line, model and batch?
8. Warranty and service: Was the product built for the market and purchased through an authorized channel? Which entity must repair or replace it?
9. Battery and accessories: Is compatibility documented for the exact platform and region?
10. Data responsibility: Which company operates the App, cloud account, product registration and privacy policy?

Frequently Asked Questions

Who owns Greenworks?

Greenworks is the self-owned flagship brand of Greenworks (Jiangsu) Co., Ltd., a company listed on the Shenzhen Stock Exchange's ChiNext market under code 301260. Founder Yin Chen is the actual controller.

Is Greenworks owned by STIHL?

No. Greenworks is not a STIHL subsidiary. STIHL held an indirect 18.78% minority interest through its wholly owned ZAMA subsidiary as of March 31, 2026.

What percentage of Greenworks does STIHL own?

ZAMA Corporation Limited held 18.78% of Greenworks (Jiangsu) at March 31, 2026. Because ZAMA is wholly owned by STIHL, this represents an indirect STIHL minority interest. The percentage can change, so it should always be paired with the reporting date.

Who is the parent company of Greenworks?

At group level, Greenworks is commonly associated with Globe Tools Group. Legally, the listed operating company is Greenworks (Jiangsu) Co., Ltd., and its direct controlling shareholder is GLOBE HOLDINGS (HONG KONG) CO., LIMITED. Yin Chen is the actual controller.

Is Greenworks a Chinese company?

The listed operating company is incorporated in China and based in Changzhou, Jiangsu. It owns a global network of trading, service and manufacturing subsidiaries, so local sales and warranty relationships can involve U.S., Canadian, European or other entities.

Where are Greenworks tools made?

The company reports manufacturing bases in China, Vietnam and the United States. The exact country and factory depend on the model and production batch and should be verified from product-level records.

Who manufactures Greenworks products?

Greenworks (Jiangsu) and its controlled manufacturing subsidiaries produce Greenworks equipment and core components. External suppliers may also participate. The manufacturer of record for an exact model must be checked from its label, declaration, certification or recall documentation.

Does Greenworks manufacture STIHL products?

Greenworks says it provides ODM research, design and manufacturing services to brands including STIHL. That does not mean it manufactures every STIHL product, and it does not make STIHL the owner of Greenworks.

Does Greenworks manufacture Kobalt products?

Greenworks disclosed a Kobalt 24V outdoor-power-equipment program with Lowe's, and a 2026 CPSC recall names Greenworks North America as importer for specific Kobalt yard tools made in China and Vietnam. These sources do not support a claim that Greenworks manufactures all Kobalt products.

Final Answer

Greenworks is the flagship self-owned brand of Shenzhen-listed Greenworks (Jiangsu) Co., Ltd. Founder Yin Chen is the actual controller; he and his controlled entities held a combined 57.13% at April 30, 2026. STIHL is an important minority investor through its wholly owned ZAMA subsidiary, which held 18.78% at March 31, 2026, but STIHL is not Greenworks' parent company.

For B2B work, continue past the ownership headline. “Globe Tools Group” describes the wider business, while the listed company, Hong Kong controlling shareholder, regional subsidiaries and factories have separate legal roles. The seller, importer, manufacturer, factory, country of origin, warranty provider and data controller must still be verified for the exact market and model.

For related ownership structures, see Who Owns Ryobi? Ryobi Limited, TTI and Kyocera Explained and Who Owns TTI? Milwaukee, Ryobi, Hoover, Vax and Oreck Explained. For the manufacturing landscape around autonomous lawn equipment, see Robotic Lawn Mower Manufacturers in China.