Kedali (002850.SZ) has revealed its grand strategy to allocate up to 1.2 billion yuan from its self-raised funds towards the establishment of the 'Fourth Phase Project for Lithium Battery Precision Structural Parts' by Jiangsu Kedali, situated in the Liyang High-Tech Industrial Development Zone, Jiangsu Province. Upon reaching full operational capacity, the project is anticipated to generate an estimated annual output value of around 2 billion yuan. This strategic investment is poised to significantly broaden the company's market reach and accelerate the execution of its long-term strategic vision, thereby exerting a profound and positive influence on Kedali's future growth trajectory.
