Kodali: It plans to use self-raised funds of no more than 1.2 billion yuan to invest in the construction of the fourth phase of Jiangsu Kodali Lithium Battery Precision Structural Parts Project.

KDL Announcement: In order to further improve the company's production capacity layout in the field of precision structural components for new energy lithium batteries, and meet the production capacity matching needs of customers, combined with industry development trends and company strategic planning, the company plans to use self-raised funds of no more than 1.2 billion yuan to invest in and construct the "Jiangsu KDL Lithium Battery Precision Structural Components Phase IV Project" in the High-tech Industrial Development Zone of Liyang, Jiangsu Province.