Chaince Digital, ZJK Industrial to establish precision components gigafactory

Chaince Digital Holdings (CD) announced that it has entered into a non-binding Strategic Cooperation Framework Agreement with ZJK Industrial (ZJK) to build a precision components R&D and manufacturing gigafactory in the United States serving the AI, semiconductor, and other advanced technology industries. The companies plan to deploy up to $200 million through multiple projects, utilizing both self-owned capital and external fundraising. The companies believe that the investment represents a major commitment to strengthening the U.S. high-end manufacturing ecosystem and advancing the broader goal of expanding U.S. manufacturing capabilities. The gigafactory will focus on high-value, non-restricted precision components across multiple technology categories, including: AI end-device and intelligent hardware components; Semiconductor equipment parts and structural/thermal components; liquid-cooling components and high-performance thermal modules; New energy vehicle components; Smart wearable device components; Other consumer electronics components The facility will not engage in restricted semiconductor segments such as wafer fabrication, chip design, or advanced packaging. Additionally, under the Strategic Cooperation Framework Agreement, Chaince Securities has been appointed by ZJK as its capital markets strategic advisor for a five-year term, focusing on the following three core areas: Capital markets strategy; Financing for the U.S. gigafactory and ZJK’s public company financing needs; Support for the buildout and operation of ZJK’s U.S. headquarters This collaboration underscores the expanding role of Chaince Digital and its subsidiaries in bridging traditional capital markets with emerging digital-asset infrastructure. The companies will form a Delaware joint venture to serve as the operating entity for the precision components R&D and manufacturing gigafactory. This joint venture will oversee all facility operations, from advanced research and development to full-scale production for the AI, semiconductor, and other high-tech industries, supported by a fully localized and compliant U.S. operating structure.