Kedali subsidiary boosts registered capital by 400m yuan

Shenzhen Kedali Industry Co., Ltd. announced that its wholly-owned subsidiary, Jiangsu Kodali Precision Industry Co., Ltd., has completed an industrial and commercial change registration. This follows a resolution to convert a portion of raised funds into a capital increase. The decision was approved during meetings in June and September 2025.

The company converted a portion of borrowed funds from its 2023 private placement and future planned capital injections into a capital increase for Jiangsu Kodali. This infusion totalled 400,000,000 yuan. As a result, Jiangsu Kodali's registered capital increased from 600,000,000 yuan to 1,000,000,000 yuan, maintaining its status as a wholly-owned subsidiary of Shenzhen Kedali Industry.

Jiangsu Kodali's updated registration details confirm its name, unified social credit code, and legal representative, Li Wuzhang. Its business scope includes the manufacturing and sales of lithium battery structural parts, molds, hardware products, plastic products, and automotive parts, along with general road freight transport and import/export operations.