Jiangxi Kedali Precision Industry Co., Ltd.

Kedali was founded in 1996 and listed on the SME Board of the Shenzhen Stock Exchange in March 2017 (stock code: 002850). It is a company engaged in the research, development, and manufacturing of precision structural parts for lithium batteries and automotive structural parts. Its products are mainly divided into two major categories: precision structural parts for lithium batteries and automotive structural parts, which are widely used in many industries including automobiles and new energy vehicles, portable communications and electronic products, power tools, and energy storage stations. The company adheres to a positioning in the high-end market and adopts a major customer strategy in key areas. With advanced technology, high-quality production capacity, an efficient R&D and supply system, and excellent product quality, it has attracted many high-end and high-quality power battery customers at home and abroad. It has now established long-term and stable strategic cooperative relationships with manufacturers such as CATL, BYD, CALB, EVE Energy, Sunwoda, and Lishen, as well as well-known foreign customers such as Panasonic, LG, Northvolt, and Faurecia. The company is headquartered in Longhua District, Shenzhen, and has successively established controlled subsidiaries in Shanghai, Xi'an, Huizhou, Jiangsu, Dalian, Fujian, and Germany, forming a domestic production base layout in key lithium battery industry regions such as East China, South China, North China, Northeast China, and Northwest China. Overseas, it will build supporting production bases near customer production sites in Germany, Sweden, and other locations, which can effectively reach surrounding customers, improve customer service capabilities, and stabilize supply chain cooperative relationships. Jiangxi Kedali was established in April 2022 as a wholly-owned subsidiary of Shenzhen Kedali Industry Co., Ltd., with a registered capital of RMB 100 million, and will invest no more than RMB 1 billion of self-raised funds to construct the Phase I project of Kedali Jiangxi Nanchang new energy vehicle power battery and other precision structural parts. The implementation of this project will further expand the company's effective production capacity for precision structural parts for new energy vehicle power batteries, and the scale advantage will reduce the company's unit R&D and production costs. The brand-new factory is now recruiting from society, with broad development space, and we welcome people of insight to join Jiangxi Kedali. It provides supporting production capacity for customers to improve service quality and response speed and deepen customer cooperation.