Treet Battery Limited Signs MOU with CNTE

June 02, 2026 (MLN): Treet Battery Limited (PSX:TBL) has officially entered into a Memorandum of Understanding (MOU) with China-based Contemporary Nebula Technology Energy Co., Ltd. ("CNTE") to explore long-term strategic cooperation opportunities in Pakistan's energy storage sector.

The collaboration aims to introduce high-quality, CATL-cell-based energy storage technology, advanced technical expertise, and product portfolios to the Pakistani market.

The strategic framework envisages cooperation across residential, commercial, and industrial energy storage solutions, leveraging CNTE’s advanced product offerings alongside Treet Battery’s established local market presence, distribution network, and after-sales infrastructure, with future potential for local assembly and value addition.

CNTE, founded in 2019 and led by CATL co-founder and former Vice Chairman Mr. Huang Shilin, is a high-technology enterprise strategically invested in by Contemporary Amperex Technology Co., Limited ("CATL").

CATL is a globally dominant player listed on both the Shenzhen and Hong Kong stock exchanges, holding a 39.2% global market share in power battery usage volume and ranking first globally in energy storage battery shipments for five consecutive years from 2021 to 2025.

Through this partnership, CNTE will bring its specialized manufacturing of Original CATL Cell-based energy storage systems to Pakistan, integrating CATL’s world-leading lithium iron phosphate (LFP) cell technology, safety standards, and manufacturing pedigree into the local market.

The aforementioned information was disseminated through a notification to Exchange.

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