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Chaori and Tianlong Optoelectronics jointly cooperate to produce silicon wafers and battery chips. Tianlong Optoelectronics Co., Ltd. is responsible for purchasing the raw and auxiliary materials needed for production and providing part of the working capital. The company is wholly-owned subsidiary Shanghai Chaori (Luoyang) Solar Energy Co., Ltd. and Shanghai Chaori (Jiujiang) Solar plant's plant, part of the production equipment, technical and technological cooperation, and the two sides jointly share the depreciation of the plant, equipment, the ownership of the products produced during the cooperation are owned by Tianlong Optoelectronics.
*ST Chaori said that the company and Tianlong Optoelectronics cooperated with Shanghai Chaori (Luoyang) Solar Energy Co., Ltd. and Shanghai Chaori (Jiujiang) Solar Energy Co., Ltd., a wholly-owned subsidiary, mainly to revitalize resources, resume production, and pass Tianlong Optoelectronics Co., Ltd. The cooperation will share the depreciation expenses of the plant and equipment to reduce the cost of the company, which will help the company to resume normal production and operation as soon as possible and get out of the predicament. 
*ST Chaori (002506) announced the announcement. On November 1, 2013, the company signed a "cooperative production and operation agreement" with Tianlong Optoelectronics, and agreed to provide Shanghai Chaori (Luoyang) Solar Energy Co., Ltd. and Shanghai Chaori through its wholly-owned subsidiary. (Jiujiang) Solar plant's plant, part of the production equipment, technology, Tianlong Optoelectronics is responsible for purchasing the raw and auxiliary materials needed for production and providing part of the liquidity, the two sides for a two-year cooperative production and operation.