KDL(SZ:002850) Chang Jiang Shang Bao·2025-06-23 23:34Core Viewpoint - Kedali is accelerating its overseas expansion by investing up to €50 million in Hungary for a new precision component project, aiming for an annual output value of approximately €100 million upon completion [1][2]. Group 1: Overseas Expansion - The company is establishing production bases in Germany, Sweden, and Hungary to meet the demands of international clients [1]. - The investment in Hungary is part of Kedali's strategy to enhance production capacity and accelerate overseas business development [2]. - Kedali plans to invest up to $49 million to establish a subsidiary in the U.S. and build a production base for battery components, marking its entry into the American market [3]. Group 2: Financial Performance - Kedali's revenue grew from ¥1.985 billion in 2020 to ¥12.03 billion in 2024, representing a more than fivefold increase over four years [6]. - The net profit increased from ¥179 million to ¥1.472 billion during the same period, showing a growth of over seven times [6]. - In Q1 2025, the company's revenue rose by 20.46% year-on-year to ¥3.022 billion, with net profit increasing by 25.51% to ¥387 million [6]. Group 3: Research and Development - From 2021 to 2024, Kedali invested approximately ¥2.1 billion in R&D, with a steady increase in annual R&D expenses [6]. - As of the end of 2024, the company holds a total of 522 patents, including 37 invention patents [6].