QTECH Partners with China's Great Power for Local Battery Assembly in Pakistan
Pakistan's Quantum Data Technologies Limited (PSX: QTECH) has entered into a strategic cooperation agreement with China's Guangzhou Great Power Energy & Technology Co., Ltd. to introduce and progressively undertake local assembly of advanced lithium-based battery energy storage systems, according to a company announcement made to the Pakistan Stock Exchange on Wednesday.
Under the Strategic Cooperation and Market Development Framework Agreement, the two companies plan to jointly develop battery energy storage solutions catering to residential and commercial users, industrial facilities, and utility-scale applications. The proposed collaboration will also target data centres, artificial intelligence (AI) infrastructure, electric vehicle (EV) battery infrastructure, and other energy-intensive sectors.
Great Power is a Chinese energy technology company specialising in advanced lithium batteries and energy storage solutions. Listed on the Shenzhen Stock Exchange under stock code 300438, the company had a market capitalisation of approximately $4 billion as of October 13, 2026.
QTECH emphasised that reliable energy supplies and energy security are essential to Pakistan's technological advancement. According to the Pakistani company, the initiative represents a significant step in its broader strategy to develop innovative technology ventures and create long-term shareholder value. The partnership signals growing collaboration between Pakistan and China in the renewable energy and advanced technology sectors, aligning with Pakistan's push for sustainable energy solutions and industrial modernisation.