J-Star Holding shares surge 81.87% intraday after signing exclusive global distribution agreement with Patriot Green Energy TechnologyPSSB for electric bikes and motorcycles.

J-Star Holding surged 81.87% in intraday trading, with the company announcing an exclusive global distribution agreement with Patriot Green Energy TechnologyPSSB. Under the agreement, J-Star becomes the sole global distributor of PSSB's electric bikes and motorcycles and gains non-exclusive rights for other products. The company, which specializes in innovative carbon fiber and composite solutions for personal sports equipment, medical products, and automotive parts, said the deal expands its energy storage applications in the sports equipment sector and strengthens its market position.