Shenzhen Kedali Industry Co.,Ltd. (002850.SZ) Plans to Establish Wholly-Owned Hong Kong Subsidiary to Accelerate International Expansion

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Shenzhen Kedali Industry Co.,Ltd. (002850.SZ) announced its plans to effectively expand overseas markets, enhance international competitiveness, and advance the implementation of the company's long-term strategy. The company intends to invest up to HK$3 million (approximately RMB 2.75 million at current exchange rates) in establishing a wholly-owned subsidiary in the Hong Kong Special Administrative Region of the People's Republic of China using its own funds.

The subsidiary will serve as a comprehensive operational platform to help the company accelerate its international expansion, develop its global business footprint, and actively capitalize on development opportunities in strategic emerging sectors including new energy, high-end manufacturing, and key components for embodied intelligent robots. This initiative aims to comprehensively enhance the company's global competitive capabilities.

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