On December 12, Glorious Bay reported that Shenzhen Kedali Industry (002850.SZ) recently stated in an investor relations activity that the company currently has 16 production bases globally. In China, key regions in the Lithium Battery Industry such as East China, South China, Central China, Northeast China, Northwest China, and Southwest China have all developed a layout of production bases, effectively radiating to surrounding downstream customers. Furthermore, the company's overseas production bases in Germany, Sweden, and Hungary further meet the capacity support needs of overseas customers.