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Pakistan’s Quantum Data plans local assembly of lithium batteries under China deal
Pakistan’s Quantum Data Technologies (QTECH), formerly known as Chakwal Spinning Mills Limited, is expanding beyond IT services into energy storage, signing a cooperation agreement with China’s Great Power Energy & Technology to explore local assembly of lithium-based batteries for homes, industry and data centres. The listed company disclosed the development in a notice to the Pakistan Stock Exchange (PSX) on Wednesday. “QTECH is pleased to announce the signing of a strategic cooperation and market development framework agreement with Guangzhou Great Power Energy & Technology Сo., Ltd...
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