Green Circle Decarbonize Technology

Designs and supplies phase-change-material thermal-energy-storage panels, tanks, automated controls, customized chiller systems, and related consulting and construction services for cooling, heating, cold-chain, and thermal-management projects. Its Hong Kong operating subsidiary combines proprietary PCM formulations with thermal engineering to store excess heat or cooling for later use, shifting chiller operation toward more efficient loads or lower-tariff periods.

Earns revenue through Sale and Purchase projects, Performance-Based Contracting that shares measured electricity-cost savings, and Build, Own, Transfer projects. Performance contracts require funding of initial project costs and depend on measured electricity-cost savings. The listed Cayman parent relies on this single Hong Kong subsidiary, with most equipment sourced from third parties and customized installations performed by outside civil-engineering contractors. Operations and reported revenue are concentrated in Hong Kong.