Henan Chaowei Power Co., Ltd. is a high-tech enterprise specializing in the research and development and manufacturing of power batteries and energy storage batteries. In 2013, it jointly established Henan Zhengxiao New Energy Co., Ltd. with German Moll Company to enter the automotive battery industry, mainly producing EFB, AGM's new micro-mixed start-stop/start battery is listed as a key construction project in Henan Province. In 2021, it will pass BAIC New Energy Review, Tuhu Review, and mass supply of China National Heavy Duty Truck Corporation.

German MOLL is a global lead-acid battery supplier with nearly 70 years of battery production experience. MOLL is an important supplier to many German car companies and is a designated partner for famous car brands such as Porsche, Lamborghini, Audi, and Volkswagen. Among them, MOLL has been working with Germany Volkswagen for nearly 50 years.