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Element List	Explanation
Introduction	Arabian Plastic Industrial Co. announces the signing of a non-binding Memorandum of Understanding (MoU) with Air International Thermal Systems for the purpose of cooperation in localizing the manufacturing of ventilation and air conditioning products.
Memorandum Signing Date	2026-02-10 Corresponding to 1447-08-22
Counterparty	Air intonational thermal systems
Memorandum Subject	A non-binding Memorandum of Understanding (MoU) for the purpose of defining the framework of understanding regarding the initial mutual obligations and rights between the two parties and exploring the feasibility of cooperation to localize the manufacturing of ventilation and air-conditioning products. The Memorandum of Understanding includes a number of commonly accepted clauses that govern the confidentiality of information.
Memorandum Duration	This Memorandum shall come into effect from the date of its signing and shall remain valid until 31 December 2026 or until the signing of the agreement.
Related Parties	N/A
Financial Impact	There is currently no financial impact
Additional Information	The Company will announce any material developments regarding this transaction in due course.

Arabian Plastic Industrial Co. announces the signing of a non-binding Memorandum of Understanding (MoU) with Air intonational thermal systems.