Karachi, Treet Battery Limited has announced a new strategic partnership with Hexing Energy (Private) Limited, a subsidiary of Hexing Electrical Co Ltd, which is listed on the Shanghai Stock Exchange. The memorandum of understanding was disclosed in a filing with the Pakistan Stock Exchange, adhering to Clause 5.6.1 of its regulations.
The collaboration between Treet Battery Limited, a local entity, and Hexing Energy aims to leverage Hexing Electrical’s expertise in manufacturing solar inverters, smart electric meters, and other sustainable energy solutions. This partnership is expected to enhance Treet Battery’s product offerings and market presence in the energy sector.
The agreement outlines plans to explore extensive business opportunities together, which Treet Battery believes will lead to significant growth and have a positive impact on its operations and stakeholder relations. The company expressed its enthusiasm for the future benefits this collaboration will bring.
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