Cathay Biotech Inc. and 3P.COM Co. Limited signed a strategic joint venture agreement on January 16, 2024, in Shanghai, P.R.China. The collaboration will focus on advancing the development of bio-based polyamide thermoplastic composites tailored for critical applications such as hydrogen storage and transportation, urban air transport, and wind turbine blades.

This partnership underscores the commitment to drive sustainability in new energy, transportation, and related sectors while providing essential technical support to achieve net-zero emissions.