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Mengli Announces Joint Venture with Kedali Industry (SZSE:002850) and Mengying Technology

Key facts

  • Mengli Announces Joint Venture with Kedali Industry (SZSE:002850) and Mengying Technology
  • Mengli announced on June 16, 2026, the establishment of a joint venture with Kedali Industry (SZSE:002850) and Mengying Technology. The total investment will not exceed 650 million TWD, with Mengli holding a 39% stake. The move is positioned as a long-term strategic investment.
  • Source: TWSE
  • Date: Tue Jun 16 2026 09:00:00 GMT+0900 (Japan Standard Time)

Direct answer

Mengli announced on June 16, 2026, the establishment of a joint venture with Kedali Industry (SZSE:002850) and Mengying Technology. The total investment will not exceed 650 million TWD, with Mengli holding a 39% stake. The move is positioned as a long-term strategic investment.

Citation
Mengli Announces Joint Venture with Kedali Industry (SZSE:002850) and Mengying Technology (Tue Jun 16 2026 09:00:00 GMT+0900 (Japan Standard Time)), TWSE
Source
TWSE
Date
Tue Jun 16 2026 09:00:00 GMT+0900 (Japan Standard Time)

AI Summary (NQ-processed)

Mengli announced on June 16, 2026, the establishment of a joint venture with Kedali Industry (SZSE:002850) and Mengying Technology. The total investment will not exceed 650 million TWD, with Mengli holding a 39% stake. The move is positioned as a long-term strategic investment.

AI Analysis

Frequently Asked Questions

Q: What is the investment amount in the joint venture?
A: Mengli's investment is up to 650 million TWD, holding a 39% stake.
Q: Where is Kedali Industry listed?
A: Kedali Industry is listed on the Shenzhen Stock Exchange (SZSE:002850).
Q: What is the purpose of this transaction?
A: It is a long-term investment aimed at joint development and market expansion in battery technology.