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.