Green Circle shifts China panel output to SANVO

Rhea-AI Filing Summary

Green Circle Decarbonize Technology Limited (GCDT) announced that it has entered into a strategic partnership agreement with SANVO Fine Chemicals Group Limited, under which SANVO is appointed as the sole supplier and exclusive manufacturer for mass production of the Company’s -TES Panels in the People’s Republic of China.

SANVO will assume full operational responsibility for -TES panel manufacturing in China, allowing Green Circle to avoid new production-line capital expenditures and to leverage SANVO’s existing facilities. Green Circle plans to focus its resources on research and development, product design, and global market expansion. The initial term of the partnership is three years, with automatic three-year renewals unless terminated in advance.

Positive

• Exclusive partnership with SANVO shifts -TES panel mass production to an experienced manufacturer, potentially reducing capital expenditure, easing supply chain constraints, and allowing Green Circle to concentrate on R&D and global market expansion.

Negative

• None.

Filing Explained

The partnership is announced, but its detailed operational roles and production terms remain pending: the release says both parties will execute formal partnership agreements, so those details have not yet been set out.

Key Figures

Initial partnership term: 3 years Automatic extension period: 3 years Jurisdiction of mass production: People’s Republic of China

3 metrics

Initial partnership term 3 years Initial term of the strategic partnership agreement with SANVO

Automatic extension period 3 years Each automatic renewal term of the partnership unless terminated

Jurisdiction of mass production People’s Republic of China Location where SANVO will mass produce -TES Panels

Key Terms

strategic partnership agreement, sole supplier, exclusive manufacturer, mass production, +2 more

6 terms

strategic partnership agreement financial

"announced it has entered into a strategic partnership agreement"

sole supplier financial

"SANVO has been appointed as the sole supplier and exclusive manufacturer"

A sole supplier is the only company that provides a particular product or service to another business, meaning there are no alternative vendors available for that item. For investors, this creates concentration risk and dependency: if that single supplier faces problems, delays, or raises prices, the buyer’s production and profits can be disrupted, much like a town relying on a single bridge or grocery store for essential access.

exclusive manufacturer financial

"appointed as the sole supplier and exclusive manufacturer for the mass production"

mass production technical

"exclusive manufacturer for the mass production of -TES Panels in the PRC"

forward-looking statements regulatory

"Certain statements in this announcement are forward-looking statements"

Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

phase change thermal energy storage materials technical

"supported by proprietary phase change thermal energy storage materials"

Materials that store and release large amounts of heat by changing their physical state—most commonly melting and solidifying—so they absorb heat when they melt and give it back when they solidify. Think of them like a reusable thermal battery or a block of ice that keeps things cool while it melts. They matter to investors because they underpin products and systems that improve energy efficiency, lower operational costs, and enable thermal load shifting for buildings, industry and grid services, which can create market opportunities.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What strategic partnership did GCDT announce with SANVO in this 6-K?

Green Circle Decarbonize Technology Limited announced a strategic partnership agreement with SANVO Fine Chemicals Group Limited, appointing SANVO as the sole supplier and exclusive manufacturer for mass production of the Company’s -TES Panels in the People’s Republic of China.

What role will SANVO play in GCDT’s -TES Panels production in China?

SANVO will take full operational responsibility as the sole supplier and exclusive manufacturing partner for -TES Panels in China, using its existing advanced production facilities and manufacturing capacity for mass production.

How does the SANVO partnership affect GCDT’s capital expenditure and focus?

By leveraging SANVO’s existing facilities, Green Circle eliminates the need for redundant capital investments in new production lines, which lowers upfront capital expenditure and setup timelines, while allowing management to focus on R&D, product design, and global market expansion.

What is the initial term of GCDT’s partnership agreement with SANVO?

The initial term of the Partnership Agreement is three years, with automatic three-year extensions thereafter unless terminated with prior written notice by either party.

What business does GCDT operate according to this filing?

Green Circle Decarbonize Technology Limited is a Cayman Islands holding company operating through its Hong Kong subsidiary, Boca International Limited, providing advanced energy-saving solutions using proprietary phase change thermal energy storage materials and thermal engineering services.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/08/2026 - 10:20 AM EDT Accepted by SEC EDGAR 09/08/2026 - 10:20 AM EDT Learn about SEC filing dates

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of September 2026

Commission File Number: 001-43046

Green Circle Decarbonize Technology Limited

(Registrant’s Name)

Green Circle Decarbonize Technology Limited

Unit 1809, Prosperity Place, 6 Shing Yip St.

Kwun Tong, Kowloon, Hong Kong

(Address of Principal Executive Offices)

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

Form 20-F ☒ Form 40-F ☐

Information contained in this report

On September 8, 2026, Green Circle Decarbonize Technology Limited, a Cayman Islands exempted company (the “Company”), issued a press release which announced that the Company has entered into a strategic partnership agreement (“Partnership Agreement”) with SANVO Fine Chemicals Group Limited (“SANVO”). Pursuant to the Partnership Agreement, SANVO has been appointed as the sole supplier and exclusive manufacturer for the mass production of the Company’s BocaPCM-TES Panels in the People’s Republic of China. A copy of the press release is attached as Exhibit 99.1 and is incorporated by reference herein.

Exhibits.

Exhibit No.		Description
99.1		Press Release dated September 8, 2026 – Green Circle Decarbonize Technology Limited Entering into Strategic Partnership Agreement for Mass Production of BocaPCM-TES Panels in the People’s Republic of China

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	Green Circle Decarbonize Technology Limited
Date: September 8, 2026	By:	/s/ Chan Kam Biu Richard
		Chan Kam Biu Richard
		Chief Executive Officer and Director

Exhibit 99.1

PRESS RELEASE

Green Circle Decarbonize Technology Limited Entering into Strategic Partnership Agreement for Mass Production of BocaPCM-TES Panels in the People’s Republic of China

Hong Kong, September 8, 2026, Green Circle Decarbonize Technology Limited (the “Company”) (NYSE:GCDT), a premier provider of customized energy-saving solutions, today announced it has entered into a strategic partnership agreement (“Partnership Agreement”) with SANVO Fine Chemicals Group Limited (“SANVO”).

Pursuant to the terms of the Partnership Agreement, SANVO has been appointed as the sole supplier and exclusive manufacturer for the mass production of BocaPCM-TES Panels in the People’s Republic of China (“PRC”).

SANVO will take full operational responsibility as the sole supplier and exclusive manufacturing partner for BocaPCM-TES Panels in China. The Company eliminates the need for redundant capital investments in new production lines, significantly lowering upfront capital expenditure and setup timelines by leveraging SANVO’s existing advanced production facilities and manufacturing capacity. The Company will focus on innovation and expansion. The management team of the Company will focus entirely on core research and development, product design, and global market expansion. Combines the Company’s green technology with SANVO’s materials manufacturing platform mitigates supply chain bottlenecks, lowers operational risks, and accelerates the time-to-market for BocaPCM-TES Panels to meet surging demand.

The initial term of the Partnership Agreement is three (3) years, with automatic three-year extensions unless terminated with prior written notice. Both parties will execute formal partnership agreements setting out the detailed operational roles and production terms.

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

Filing Exhibits & Attachments

2 documents

Press Releases

• EX-99.1 EX-99.1 9.8 KB
• EX-99 GRAPHIC 18.1 KB