Kodaly: Intends to invest up to 50 million euros to build the third phase project of precision structural components for power batteries in Hungary.

Keda Li Announcement: The company plans to invest in the construction of the third phase project of precision structural components for power batteries in Hungary with its own funds not exceeding 50 million euros. The funds will be used for factory construction, machinery and equipment purchase, and additional working capital. The company will implement the project based on market demand and business development, with a construction period of approximately 24 months. The project will produce precision structural components for lithium batteries, and once fully operational, it is expected to achieve an annual output value of approximately 100 million euros.