Chaohua Technology announced that on August 25, 2022, the company signed a strategic cooperation agreement with Ye Zhen International Industrial Holding Group Co., Ltd. (hereinafter referred to as "Ye Zhen International"). Ye Zhen International took advantage of its integration, operation, service and investment advantages in industrial investment and resource integration, and Chaohua Technology took advantage of its technology, production capacity and market advantages in copper foil industry. Both parties adhered to the principle of "complementarity, reciprocity and voluntariness".

Ye Zhen International Group was founded in 20 1 1 year, and has experienced the development of1year. It is a comprehensive industrial multinational group focusing on industry and combining with emerging industries. Its business mainly covers eight industries, such as big health, big consumption, modern logistics and commerce, new culture media, advanced manufacturing, new energy, smart supply chain and e-commerce.