UPDATE: Chaince Digital And ZJK Partner To Build $200M U.S. Precision Components Gigafactory For AI, Semiconductors, And Advanced Tech

Chaince Digital Holdings Inc. ("Chaince Digital" or the "Company") (NASDAQ:CD) (formerly Mercurity Fintech Holding Inc.), a leading provider of tokenization solutions and digital-asset capital markets infrastructure, today announced that it has entered into a non-binding Strategic Cooperation Framework Agreement with ZJK Industrial Co., Ltd. (NASDAQ: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.

A Next-Generation R&D and Manufacturing Platform for Global Technology Leaders

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.



Chaince Securities Also Officially Appointed as ZJK's Five-Year Capital Markets Strategic Advisor

Additionally, under the Strategic Cooperation Framework Agreement, Chaince Securities, LLC (CRD 10590), a U.S. licensed broker-dealer and a subsidiary of Chaince Digital, 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.

Delaware Joint Venture to Serve as U.S. Gigafactory's Operating Entity

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.



U.S. Localized Management Team and Competitive Advantages

The strategic collaboration is intended to advance the broader made-in-America vision by combining ZJK's extensive manufacturing expertise with Chaince Digital's strengths in capital markets, digital technologies, and industrial networks.

The venture's competitive advantages are expected to include:

• A U.S.-based management team with executives from leading American companies

• Deep expertise spanning traditional manufacturing, consumer electronics supply chains, and automotive manufacturing

• Positioning as a core supplier for high-end U.S. manufacturing sectors



The joint venture will target key industries including AI hardware, semiconductor equipment, electric vehicles, and consumer electronics—delivering high-value precision components to technology companies while accelerating the localization of supply chains.