Rectitude Holdings Teams Up with Pansik Technology to Boost Renewable Energy Growth
- Anticipates securing approximately SGD $2.3 million in sales of energy storage equipment to Pansik within the next two months
- Broadens business growth avenues through strategic alliances and market diversification
- Introduces a new cooperative model with rental service providers, generating increasing interest and collaboration from regional distributors in Thailand and surrounding markets
SINGAPORE, Oct. 27, 2025 — Rectitude Holdings Ltd. (Nasdaq: RECT; the “Company” or “Rectitude”), a Singapore-based supplier of safety equipment and related industrial products, announced today that it has entered into a partnership agreement with Pansik Technology Pte Ltd. (“Pansik”), a leading provider of construction equipment rental services in Singapore. This collaboration aims to promote and expand the deployment of Rectitude’s Super Sun Energy Storage System across Southeast Asia, Australia, and the Middle East. The partnership is set to become effective on November 1, 2025.
This strategic alliance positions Pansik as a rental and leasing partner for Rectitude’s AIMS Series and portable power station products, offering flexible rental options and enhanced accessibility for clients in critical sectors such as construction, shipbuilding, oil refining, and other industrial areas. Marking a significant milestone in Rectitude’s expansion into the renewable energy market, the partnership encompasses the sale of approximately SGD $2.3 million worth of energy storage equipment to Pansik within the next two months. This follows Rectitude’s earlier achievement of securing multiple contracts totaling over SGD $1 million in Thailand earlier this year.
The partnership is expected to accelerate Rectitude’s penetration into new customer segments and regional markets, while further solidifying the Super Sun brand’s growing reputation for dependable, efficient, and sustainable energy solutions. By leveraging Pansik’s established customer base and market presence, the collaboration will drive broader adoption of Rectitude’s energy storage technologies, unlock new channels for business expansion, and attract increased cooperation from regional distributors in Thailand and neighboring markets. This momentum positions Rectitude to rapidly scale its clean energy operations and enhance its visibility among investors seeking opportunities in Asia’s evolving renewable energy landscape.
“Our advancements and progress in the green energy sector over the past year demonstrate that our chosen path is indeed leading to success,” stated Jian Zhang, Chairman, Chief Executive Officer, and Executive Director at Rectitude. “Our collaboration with Pansik not only boosts the market reach of our Super Sun energy storage products but also establishes a robust foundation for future partnerships and consistent business growth throughout the region.”
About Rectitude
Founded in 1997 in Singapore, Rectitude primarily focuses on providing safety equipment, which includes vital items such as personal protective apparel, gloves, safety footwear, personal fall arrest systems, portable fire extinguishers, and traffic management products. The Company also supplies supplementary products like industrial hardware tools and electrical hardware necessary for construction sites. Rectitude’s products and solutions are marketed through a broad network of distributors and to end-users, both within Singapore and increasingly across the Southeast Asian region, including Brunei, Cambodia, Malaysia, Indonesia, and Vietnam. For more details, please visit the Company’s website:
About Pansik Technology Pte Ltd.
Pansik Technology stands as a leading provider of construction equipment rental services in Singapore. Established with the objective of supporting the nation’s expanding infrastructure and construction industry, we offer an extensive array of high-performance machinery and equipment to meet the varied requirements of our clients. Our comprehensive fleet, alongside a team of seasoned professionals, guarantees dependable and efficient solutions that contribute to project success.
Forward-Looking Statements
Certain declarations within this announcement constitute forward-looking statements, including, but not limited to, the Company’s proposed Offering. These forward-looking statements entail known and unknown risks and uncertainties and are predicated on the Company’s present expectations and projections concerning future events that the Company believes may influence its financial health, operational outcomes, business strategy, and financial requirements, including the anticipation that the Offering will be successfully concluded. Investors can identify these forward-looking statements by terms or phrases such as “approximates,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or similar expressions. The Company assumes no obligation to publicly update or revise any forward-looking statements to reflect subsequent events or circumstances, or alterations in its expectations, except as mandated by law. While the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot guarantee that such expectations will prove correct, and the Company advises investors that actual results may diverge materially from the projected results and encourages investors to examine other factors that may impact its future outcomes in the Company’s registration statement and other submissions with the U.S. Securities and Exchange Commission.
For investor and media inquiries, please contact:
Rectitude
Investor Relations
Email:
Jackson Lin
Lambert by LLYC
Phone: +1 (646) 717-4593
Email:
