Green Circle Decarbonize Technology Limited Submits Tender Proposals for Chiller Replacement Engineering at MOS Centre and Air-Conditioning Retrofit & Operation and Maintenance at Nan Fung Centre in Hong Kong
The proposed projects carry contract values of HKD$7,000,000 and HKD$60,000,000, but remain at the tender stage.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
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.
How this balance works
Rhea-AI gives every point it takes from this document a weight. Minor counts 1, Moderate 3 and Major 9, so one Major point outweighs several Minor ones. The bar adds up the weights on each side, and when neither side holds more than 65% of the total the balance reads Mixed.
It reads the document as published, with the same rules for every company, and it does not look at what the market expected or at how the stock traded, so a point can be objectively good on a day the stock falls.
Rhea-AI Sentiment measures something else, the tone of the wording.
Hollow bars mark forward-looking points. How the balance works
Positive
- Moderate point. Forward-looking: it has not happened yet and may not happen.MOS Centre tender proposes a HKD$7,000,000 chiller replacement engineering project.
- Moderate point. Forward-looking: it has not happened yet and may not happen.Nan Fung Centre tender proposes a HKD$60,000,000 retrofit and operation and maintenance contract.
- Minor point. Forward-looking: it has not happened yet and may not happen.MOS Centre proposal targets completion within 180 calendar days from commencement.
Negative
- Moderate pointBoth projects remain submitted competitive tender proposals, rather than awarded contracts.
Details
Market move: GCDT +3.77% vs previous close. Hong Kong tender proposals
On Sep 30, the day this news came out, the latest delayed price for GCDT is 3.77% above the previous close. Argus tracked a peak move of +25.7% during the session. Argus tracked a trough of -13.9% from its starting point during tracking. Our momentum scanner has recorded 22 alerts for this stock so far that day. The latest delayed price is $0.55. Relative volume is exceptionally heavy at 231.5x the average.
Data tracked by StockTitan Argus (15 min delayed). Upgrade to Gold for real-time data.
Key Figures
- MOS Centre tender proposal value
- HKD$7,000,000
- Proposed project value; tender submitted
- Nan Fung Centre tender proposal value
- HKD$60,000,000
- Proposed project value; tender submitted
- Target completion period
- 180 calendar days
- MOS Centre proposal; from commencement
Key Terms
o&m contract technical
AI-generated analysis. How Rhea-AI works. Not financial advice.
Hong Kong, Sept. 30, 2026 (GLOBE NEWSWIRE) -- Green Circle Decarbonize Technology Limited (the “Company”) (NYSE: GCDT), a premier provider of customized energy-saving solutions, today announced its wholly owned subsidiary, Boca International Limited, has submitted two competitive tender proposals for the supply and replacement of Chiller No. 3 at the MOS Centre and central air-conditioning System Retrofit Service (Energy Saving Sharing Scheme) and Operation & Maintenance (O&M) Contract for the Nan Fund Centre in Hong Kong. The project tender proposals were submitted to Nan Fung Property Management Limited, a member of the Nan Fung Group, managing residential, commercial, and industrial properties across Hong Kong.
Pursuant to the terms of the tender proposal for the MOS Centre, Boca International Limited will handle the delivery and installation of upgraded air-cooled chiller units in the plant room, replacing chilled water pumps, modifying structural steel platforms, installing acoustic ductwork and silencer systems, and integrating advanced AI-driven sequence and temperature controls connected to the existing DDC system. The initial term of the tender proposal was targeted to be completed within 180 calendar days from the commencement. Under the proposed tender for the Nan Fung Centre, the Company will deliver an end-to-end energy-decarbonization solution designed to significantly enhance the operational energy efficiency and reduce carbon emissions. The HVAC system will be upgraded with energy-efficient water-cooled chillers which feature high-efficiency magnetic-bearing centrifugal units as well as new chilled and cooling water pumps. The total contract values for the projects are HKD
Under both tender proposals, Boca International Limited will integrate state-of-the-art variable frequency and smart-control capabilities designed to maximize energy efficiency and comply with the latest Electrical and Mechanical Services Department Codes of Practice and Building Energy Efficiency Ordinance (Cap. 610) standards, etc. in Hong Kong. All deliverables and procedures strictly adhere to established environmental (ISO 14001, ISO 50001) and occupational health and safety (ISO 45001) management systems.
About Green Circle Decarbonize Technology Limited
Green Circle Decarbonize Technology Limited is a Cayman Islands holding company operating through its Hong Kong subsidiary, Boca International Limited. The Company is a provider of advanced energy saving solutions supported by proprietary phase change thermal energy storage materials and thermal engineering services.
Forward-Looking Statements
Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that may affect its financial condition, results of operations, business strategy and financial needs. Investors can find many (but not all) of these statements by the use of words such as “aim”, “anticipate”, “believe”, “estimate”, “expect”, “going forward”, “intend”, “may”, “plan”, “potential”, “predict”, “propose”, “seek”, “should”, “will”, “would” or other similar expressions in this press release. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC.
For more information, please contact:
Green Circle Decarbonize Technology Limited
Investor Relations Department
Email: dr.richardchan@gmail.com
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What are the values of Green Circle Decarbonize Technology's Hong Kong tender proposals?
The proposed contract values are HKD$7,000,000 for MOS Centre and HKD$60,000,000 for Nan Fung Centre. Boca International submitted both proposals to Nan Fung Property Management.
Has Green Circle Decarbonize Technology secured the MOS Centre and Nan Fung Centre contracts?
Both projects are at the submitted competitive tender proposal stage, not the contract-award stage. The MOS Centre proposal targets completion within 180 calendar days from commencement.