On September 6, 2024, Betterial signed a strategic cooperation agreement with  Ruiyuan Holdings, in which the two sides will carry out comprehensive and in-depth cooperation in the field of new energy, jointly promote industrial innovation and upgrading, and open a new chapter of  cooperation  and  development  in  the  field   of   new  energy.  The   signing  of  the   strategic cooperation  agreement  not  only   brings  new  development  opportunities  and   broad  market prospects for Betterial and Ruiyuan Holdings, but also injects new vitality and impetus into the future development of the new energy industry.

At the signing ceremony, Fan Xian, deputy general manager of PV Division of Betterial, and  Jiang  Lei,  executive  deputy  general  manager  of  Ruiyuan  Holdings,  as  representatives  of  both  parties,  jointly   signed   this   landmark   strategic   cooperation   agreement.   Mr.Ru Zhengwei,  Chairman of Betterial, and Mr. Zhu Shichang, chairman and general manager of Ruiyuan Holdings, attended the scene to witness this important moment and had in-depth exchanges. The signing  of this agreement is not only the beginning of the cooperation between the two sides, but also  the solemn commitment of the two enterprises to work together to create the future.

According  to  the  agreement,  Betterial  and  Ruiyuan  Holdings  will  give  full  play  to  their respective advantages in products, markets, resources and other aspects to jointly promote the deep  integration and coordinated  development of the upstream and downstream of the  new energy industry chain. The two parties will cooperate closely in the research and development, production, sales and project investment of new energy products, and jointly develop efficient and reliable new energy products to meet the urgent demand for new energy in the market. At the same time, the two sides will actively explore innovative applications in various scenarios, and continue to expand the market boundaries of the two sides in the field of new energy.

Betterial is deeply engaged in photovoltaic, energy storage, lithium and other new energy fields. Its main products cover photovoltaic encapsulant film, backplane, lightweight front panel, adhesive, coating materials, as well as insulation materials for energy storage and lithium. With five  major  production  bases  in  the  world,  the   planned  production  capacity  of   photovoltaic encapsulant adhesive film exceeds 130GW, and  the  market  share  of  photovoltaic  encapsulant materials is among the top three in the world.It mainly provides high-quality product supporting services for many head photovoltaic  enterprises such as Trina, Longi, Jinko and JA.The cooperation with  Ruiyuan Holdings will  bring more  market  resources for  Betterial, help it to further enhance its competitiveness in the new energy market and consolidate its leading position in the industry.

Ruiyuan  Holding  has  always  been  committed  to   the  investment  and  development  of strategic  emerging  industries  such  as  semiconductors,   new  energy  and   new   materials.  The cooperation with Betterial is an important step in the layout of the new energy industry. Through the dual drive of resource complementarity, Ruiyuan Holdings will accelerate the technological innovation and market expansion of the new energy industry, and contribute to the sustainable development of the new energy industry.

The two sides said that in the future, they will uphold the concept of openness, sharing and win-win  cooperation,  and  jointly  cope  with  the  challenges  and  opportunities  facing  the  new energy industry. Through the cooperation model of complementary advantages, resource sharing and mutual benefit, the two sides will promote the development of the new energy industry to a higher quality and higher efficiency. At the same time, the two sides will actively explore more cooperation opportunities in the field of new energy, and contribute more wisdom and strength to building a clean, low-carbon, safe and efficient energy system.