Core Viewpoint - The signing of a memorandum of understanding with CATL marks a significant milestone for the company as it officially enters the renewable energy and energy storage sector, aligning with its diversification strategy and enhancing its position in the green infrastructure market [2] Group 1: Partnership Details - The company and CATL will collaborate closely in the green energy business, focusing on engineering design, procurement, and construction for energy storage systems [1] - The partnership aims to explore cooperation opportunities in energy storage system integration and solution platforms in global markets [1] Group 2: Company Background - The company is a sizable Hong Kong contractor engaged in civil, mechanical, and electrical engineering, as well as renewable energy businesses, including solar photovoltaic projects and electric vehicle distribution [1] - CATL is a leading global renewable energy innovation technology company, primarily involved in the research, production, and sales of power and energy storage batteries [1]