Month: October 2026

Hong Kong, Oct. 26, 2026 (GLOBE NEWSWIRE) — Green Circle Decarbonize Technology Limited (the “Company”) (NYSE American: GCDT), a Cayman Islands holding company that, through its Hong Kong subsidiary, Boca International Limited, develops and manufactures Phase Change Material (PCM-TES) storage systems designed for cooling and heating applications, today announced that NYSE American had contacted the Company regarding recent trading activity in the Company’s ordinary shares.

Although it is the Company’s policy not to comment on unusual market activity or market speculation, in response to NYSE American’s inquiry, the Company confirms that, following appropriate inquiry, it is not aware of any material undisclosed developments relating to its business or operations that would account for the recent trading activity in its ordinary shares.

From time to time, the Company evaluates potential strategic initiatives and financing opportunities in the ordinary course of business. The Company does not comment on market speculation regarding potential transactions, and there can be no assurance that any potential transaction will be pursued or completed. The Company does not intend to comment further on this matter unless disclosure is required under applicable securities laws or NYSE American rules.

The Company will continue to monitor trading activity in its securities and will disclose material information as required by applicable securities laws and NYSE American rules.

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 press release constitute forward-looking statements within the meaning of applicable securities laws. These statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections regarding future events that may affect its financial condition, results of operations, business strategy and financial needs. Forward-looking statements may be identified by words such as “aim,” “anticipate,” “believe,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “propose,” “seek,” “should,” “will” and “would,” or similar expressions. These statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied. Investors should review the risk factors and other disclosures included in the Company’s registration statements and other filings with the U.S. Securities and Exchange Commission. The Company undertakes no obligation to update or revise any forward-looking statements to reflect subsequent events or circumstances or changes in its expectations, except as required by applicable law.

For more information, please contact:

Green Circle Decarbonize Technology Limited

Chief Financial Officer
Email: louis.leung@vbg.com.hk

SHANGHAI, Oct. 26, 2026 (GLOBE NEWSWIRE) — Three days in Wuhu, four very different tests. At the 2026 Chery International User Summit, FREELANDER’s international guests took part in the first test drive of the international variant of FREELANDER 8, on and off road.

The Test Drive Programme

An all-terrain course came first, then an obstacle course with a steep hill-climb ramp, water and cross-axle sections, a paved test course and, on 21 October, SIVP (Super Intelligent Valet Parking). Off road, i-ATS (Intelligent All-Terrain System) let guests choose from nine terrain modes to suit the ground.

A guest drives FREELANDER 8 with i-ATS (Intelligent All-Terrain System) at Tuju Campground

What Guests Said

On the steep descent, a guest from Spain said their heart was “still pounding a little bit”, then added: “But I trust the car.” When rain fell on the slope, a guest from Egypt was glad of it: “this is really the torture test for any slope.”

On the paved course, a guest from the United Kingdom found the car “far more comfortable than I had expected.” A guest from Qatar said: “I expected it from everything we heard about the car. But to experience it in real life, it was a different thing.”

The Technology Behind It

Under the relevant test conditions, FREELANDER 8 can climb gradients of up to 70%. Hill Descent Control and Crawl Control help manage the way down. FREELANDER 8’s global validation programme includes a 12-hour extreme rain test.

On cross-axle sections, FREELANDER 8 offers 800 mm of maximum articulation and 240 mm of wheel travel, with the All-Terrain Dual Lock System helping to maintain traction. It can wade through water up to 900 mm deep. These capabilities are subject to the vehicle’s operating limits and appropriate driving conditions.

FREELANDER 8 drives through mud and standing water on the all-terrain course

Dual-chamber air suspension with Continuously Controlled Damping (CCD) supports ride comfort. The international left-hand drive version delivers 460 kW of peak power and 662 N·m of peak torque, with 0–100 km/h in 5.8 seconds. Braking comes from six-piston fixed front calipers with 404 mm vented front discs.

In supported parking scenarios, SIVP lets drivers park and recall the car via a smartphone app. It will be available in selected markets, subject to the system’s operating conditions; the driver remains responsible at all times.

What Comes Next

Launch in the United Arab Emirates is expected in the first quarter of 2027. FREELANDER 8 brings together premium heritage, intelligent technology and all-terrain capability. This combination reflects the brand slogan “Beyond the Legend” and its vision of building on its heritage through intelligent innovation and distinctive design.

About FREELANDER

FREELANDER is a British Premium Intelligent All-Terrain Brand, jointly developed by JLR and Chery Group. JLR owns the FREELANDER brand and has established a dedicated FREELANDER Design Hub to lead its design. Chery provides advanced intelligent technology and a top-tier global supply chain. The brand’s global foundation includes more than 5,000 employees, five strategic hubs and fully integrated capabilities spanning design, R&D, manufacturing and global operations.

Media contact
Daniel Bao
freelander.international@mychery.com
https://www.cheryinternational.com/

Photos accompanying this announcement are available at:

https://www.globenewswire.com/NewsRoom/AttachmentNg/d62eb57a-fd91-4097-bf18-d8af89813f78

https://www.globenewswire.com/NewsRoom/AttachmentNg/4cb39ba5-3569-42b7-aa26-3019aa2f2396