QTECH inks strategic cooperation deal with Chinese firm Great Power

Mettis Global reported that Quantum Data Technologies Limited (PSX: QTECH) has agreed a framework deal focused on strategic cooperation and market development with Guangzhou Great Power Energy & Technology Co., Ltd. of China. The arrangement is meant to bring lithium-based battery energy storage systems into Pakistan and, over time, move their manufacturing toward local assembly.

The Chinese partner operates in energy technology, concentrating on lithium battery products and storage systems, and has its shares traded in Shenzhen under code 300438. Its market value stood near $4bn on October 13, 2026.

Under the tie-up, QTECH intends to produce packs for homes and businesses, storage systems for industrial and grid-scale use, and solutions for data centres, AI infrastructure, electric vehicle battery infrastructure and other energy-intensive uses. The company presents itself as a technology firm built around data and AI and argues that dependable power and energy security are vital to Pakistan's technological progress. It presents the deal as a key element of its wider plan to build new technology ventures and deliver long-term value to shareholders. QTECH added that further material developments will be disclosed under applicable regulations, and the information was shared through a notice to the exchange.