On March 7, 2025, Envalior, a global supplier of sustainable and high-performance materials, and ZD Technology (Shanghai) Co., Ltd. officially signed a strategic cooperation agreement. The two parties will deepen their cooperation in three major areas: priority procurement and supply arrangements, price support and pricing mechanisms, and technical services and support, to jointly promote the innovation and development of new energy vehicle materials and drive technologies.

Zhendrive Technology is a high-tech company specializing in domestic power semiconductors and new energy vehicle drive solutions. With excellent design, manufacturing, and supply chain integration capabilities, its high-performance motor controllers for new energy vehicles and self-developed power modules have been applied in many automobile brands. This cooperation marks the strong alliance of two leading enterprises in the field of new energy vehicles, aiming to improve the efficiency of the industrial chain and promote the green development of the automotive industry through resource integration and technological synergy.

EnHuaLi will provide ZhenQu Technology with priority access to high-quality, stable, and high-performance engineering materials, covering multiple product lines such as Xytron™ PPS, Arnite®/Pocan® PBT. These materials are widely used in core components of new energy vehicle motor controllers and power modules.

Both parties will establish a long-term stable price support system to ensure the cost controllability and market competitiveness of cooperative projects. At the same time, both parties will jointly explore a demand-based dynamic pricing mechanism to cope with fluctuations in raw material prices and industry competition pressures.

En Hua Li will provide Zhenqu Technology with comprehensive technical support, including material selection, product design optimization, performance testing, etc.; and will meet the technical needs of Zhenqu Technology with high standards and quick response services.