Group 1 - The company, 信能低碳, has entered into a memorandum of understanding with Key Action Limited to establish a business partnership for assembling electric bicycles in Asia [1] - The partnership involves a well-known Chinese company that will authorize Key Action to import electric bicycle components and charging components for assembly and resale in Asia [1] - 信能工程 will provide capital expenditure, technical expertise, and technology transfer to support product charging and maintenance in the Asian region [1] Group 2 - The company aims to enhance energy efficiency and reduce carbon footprint through innovative and sustainable solutions, having received a patent for floating platform electric vehicle charging stations [2] - The collaboration is expected to create synergies in electric bicycle sales and the application of the company's charging technology, expanding market reach beyond current bases in China and Hong Kong to other Asian countries [2] - The memorandum outlines key commercial terms in a non-binding manner, with both parties agreeing to negotiate in good faith to reach a binding final agreement [2]