Pakistan’s Quantum Data Technologies Limited (PSX: QTECH) has signed 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 to the Pakistan Stock Exchange on Wednesday.
Under the Strategic Cooperation and Market Development Framework Agreement, the two companies plan to develop battery energy storage solutions for 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 said reliable energy supplies and energy security were essential to Pakistan’s technological advancement. According to the Pakistani company, the initiative marks a step in the company’s broader strategy to develop innovative technology ventures and create long-term shareholder value.
