Kedali registers Thailand subsidiary for new energy project

Shenzhen Kedali Industry Co., Ltd. announced the completion of industrial and commercial registration for its Thai wholly-owned subsidiary, Kedali (Thailand) Co., Ltd., on September 12, 2025. This follows the company's decision on August 28, 2025, to re-allocate its investment from a planned Malaysian lithium battery precision structural components project to a similar new energy project in Thailand.

Kedali (Thailand) Co., Ltd. is registered with a capital of THB 5 million. Shenzhen Kedali Industry holds an 80% stake, with its wholly-owned subsidiary, Kedali Hungary Kft., holding the remaining 20%. The Thai subsidiary will be responsible for the manufacturing, packaging, assembly, design, and development of automotive components, metal products, and industrial metal components, along with related import/export, retail, wholesale, and after-sales services.

The board of directors has authorized the company's management to handle all related business operations and sign necessary investment agreements, including project filing and registration. This strategic pivot aims to establish Kedali's presence in the growing Southeast Asian new energy market through its newly formed Thai entity.