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Kodali Thailand Subsidiary Increases Registered Capital to 500 Million Baht to Accelerate Overseas Production Capacity Layout
【Shenzhen News】Shenzhen Kedali Industrial Co., Ltd. (Stock Code: 002850, Stock Abbreviation: Kedali) announced on March 20th that its Thai subsidiary has completed the registration change for capital increase, with registered capital rising sharply from 5 million Thai Baht to 500 million Thai Baht (approximately 95 million RMB, based on current exchange rates), an increase of 9,900%.
The announcement shows that Kedali’s 26th (special) meeting of the fifth board of directors held on January 13, 2026, approved this capital increase proposal. The company and its wholly owned subsidiary Kedali Hungary Kft. have increased their capital in KEDALI (THAILAND) CO., LTD. proportionally using their own funds. After this capital increase, the company still holds 80% of the shares in Kedali Thailand, while Kedali Hungary holds 20%, with the shareholding structure remaining unchanged.
The main business scope of Kedali Thailand includes: manufacturing, OEM, packaging, assembly, design, research and development of automotive parts and other transportation equipment components, metal products and/or industrial metal parts; providing after-sales service and technical support. It also engages in import and export, retail, and wholesale of transportation parts, metal products, and/or industrial metal components.
This large-scale capital increase will significantly enhance the capital strength of the Thai subsidiary, helping Kedali further expand its overseas markets, optimize global capacity layout, and strengthen its international competitiveness in the automotive parts field. As a leading enterprise in precision structural components for power batteries, Kedali’s capital increase is expected to better serve customer needs in Southeast Asia and lay a foundation for future performance growth.
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Disclaimer: The market carries risks; investment should be cautious. This article is automatically published by an AI large model based on third-party databases and does not represent Sina Finance’s views. Any information in this article is for reference only and does not constitute personal investment advice. Please refer to the actual announcement for any discrepancies. If you have questions, contact biz@staff.sina.com.cn.