Green Circle Decarbonize Technology Limited reports developments tied to its role as a Cayman Islands holding company operating through Hong Kong subsidiary Boca International Limited. The company develops and manufactures Phase Change Material thermal energy storage systems, or PCM-TES, for cooling and heating applications, and provides energy-saving solutions supported by proprietary phase change materials and thermal engineering services.
Recurring updates for GCDT include ordinary-share capital actions following its initial public offering, over-allotment activity, exchange-related market activity statements, and business disclosures connected to production capacity, thermal storage systems, and decarbonization-focused energy efficiency solutions.
Green Circle Decarbonize Technology (NYSE American: GCDT) responded to an exchange inquiry about recent trading activity in its ordinary shares.
Following an inquiry, the company said it was not aware of any material undisclosed business or operational developments that would account for the activity. It does not intend to comment further unless disclosure is required under applicable securities laws or NYSE American rules.
Green Circle Decarbonize Technology (GCDT) signed a non-binding memorandum of understanding with SANVO Fine Chemicals and Menzies Eurus Aviation Services. The parties plan to introduce energy-saving solutions across airport facilities, combining SANVO’s chemical formulations with Menzies Eurus’s aviation ground-handling operations. Green Circle plans tailored strategies to optimize energy use, lower carbon emissions and improve heating, ventilation and air conditioning efficiency.
The proposed collaboration follows a September 2026 partnership agreement with SANVO, which appointed SANVO as the sole supplier and exclusive manufacturer for mass production of Green Circle’s BocaPCM-TES Panels in the People’s Republic of China. The airport initiative remains a non-binding arrangement.
Green Circle Decarbonize Technology (GCDT) has entered preliminary discussions to explore green infrastructure opportunities in Japan, including a Karuizawa development.
The proposed cooperation covers renewable energy, infrastructure construction and project operation. GCDT is exploring applying its decarbonization and sustainable building technologies to the luxury hotel and villa project, with WinS contributing facility operations expertise. If successful, the estimated total contract sum for the initiatives is expected to exceed HKD 100 million. WinS is raising capital to support the project's development and financing.
The discussions are preliminary and non-binding, no definitive agreement has been signed, and they may not lead to actual projects.
Green Circle Decarbonize Technology (GCDT) plans to enter the AI data center infrastructure market with liquid cooling systems in the near future.
The company has adapted its proprietary phase change materials, which store thermal energy, and industrial machinery technologies to develop the cooling solution. The systems are designed for high-density AI computing, with the company aiming to improve power usage effectiveness and help manage operational energy costs. Development remains at an early stage: technical discussions and preliminary evaluations with industry participants and data center operators are underway for research and development.
Green Circle Decarbonize Technology (GCDT) submitted two tender proposals through its wholly owned subsidiary Boca International for air-conditioning projects in Hong Kong.
The proposals were submitted to Nan Fung Property Management. Proposed contract values are HKD$7,000,000 for chiller replacement engineering at MOS Centre and HKD$60,000,000 for an air-conditioning retrofit and operation and maintenance contract at Nan Fung Centre. The MOS Centre proposal targets completion within 180 calendar days from commencement. Its scope includes chiller installation, pump replacement and control-system integration. The Nan Fung Centre proposal covers upgraded water-cooled chillers and pumps. These are submitted proposals, not awarded contracts.
Green Circle Decarbonize Technology Limited (GCDT) will implement a 1-for-6 share consolidation of its ordinary shares, effective 12:01 a.m. Eastern Time on October 7, 2026.
The consolidation combines every six issued and unissued shares into one share and increases par value from US$0.001 to US$0.006 per share. Class A ordinary shares are expected to begin trading on a split-adjusted basis on the NYSE American on October 7, 2026 under the existing symbol “GCDT”, with a new CUSIP G4092C131. Issued and outstanding Class A shares and authorized share capital will be proportionately reduced. Fractional entitlements will be rounded up to the next whole share, and equity-linked securities will be adjusted to reflect the 1-for-6 ratio.
Green Circle Decarbonize Technology Limited (GCDT) has entered a strategic partnership agreement with SANVO Fine Chemicals Group for mass production of BocaPCM-TES Panels in the People's Republic of China.
Under the agreement, SANVO is appointed sole supplier and exclusive manufacturer of BocaPCM-TES Panels in China and assumes full operational responsibility for production. Green Circle avoids new production-line capital investment by using SANVO’s existing advanced facilities, which the company states lowers upfront capital expenditure and accelerates setup. Green Circle’s management will focus on core research and development, product design, and global market expansion while SANVO provides materials manufacturing. The initial term is three years, with automatic three-year extensions unless terminated with prior written notice, and further detailed operational and production agreements will be executed.
Green Circle Decarbonize Technology (NYSE: GCDT) reported that a share capital increase and share capital alteration became effective on August 14, 2026 on NYSE American. The board approved the actions on July 17 and August 6, 2026, and shareholders approved them at an Extraordinary General Meeting on August 10, 2026.
The authorized share capital rose from US$50,000 (50,000,000 ordinary shares, par value US$0.001) to US$5,000,000 (5,000,000,000 shares, par value US$0.001). The capital was then re-designated into 4,993,640,000 Class A ordinary shares and 6,360,000 Class B ordinary shares.
All existing ordinary shares became Class A ordinary shares on a one-for-one basis. The Company repurchased 5,280,000 Class A shares from Joyful Star Limited and 1,080,000 Class A shares from Green Circle Limited and issued the same numbers of Class B ordinary shares as consideration. A new memorandum and articles of association were adopted, under which each Class A share carries 1 vote, and each Class B share carries 50 votes.
Green Circle Decarbonize Technology (NYSE:GCDT) appointed Mr. Louis Ho Ming Leung as Chief Financial Officer, effective June 8, 2026. He will oversee financial strategy, accounting, financing, and auditing.
Mr. Leung brings over 10 years of accounting and auditing experience with Hong Kong listed and private companies and is a member of the Hong Kong Institute of Certified Public Accountants.
Green Circle Decarbonize Technology (NYSE: GCDT) said the NYSE contacted the company about recent trading activity. The company stated it is not aware of any material undisclosed developments that would explain unusual trading and will disclose material information if required.
The company said it periodically evaluates strategic and financing alternatives but will not comment on market speculation or potential transactions.