---
title: "SAINT ANGELO plans to invest approximately 300-400 million yuan to build a headquarters base in the Yangtze River Delta"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/232572309.md"
description: "SAINT ANGELO plans to invest approximately 300-400 million yuan in the Shanghai Xihongqiao Business District to build a research and development center and headquarters for the Yangtze River Delta, aiming to enhance product innovation capabilities and market response speed. The project will be reviewed and approved at the board meeting on March 20, 2025, with the goal of strengthening brand competitiveness and industry influence, and establishing a headquarters base that integrates functions such as research and development design, smart retail research, and vocational education training"
datetime: "2025-03-20T11:24:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/232572309.md)
  - [en](https://longbridge.com/en/news/232572309.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/232572309.md)
---

# SAINT ANGELO plans to invest approximately 300-400 million yuan to build a headquarters base in the Yangtze River Delta

According to the Zhitong Finance APP, SAINT ANGELO (002154.SZ) announced that the company, in line with its long-term strategic development plan, aims to better introduce high-quality R&D resources, enhance product innovation capabilities and market response speed. At the same time, leveraging the economic radiation of the Yangtze River Delta region, the company plans to further expand domestic and international markets, strengthen brand competitiveness and industry influence. The company intends to purchase land in the Xihongqiao Business District of Shanghai to build the Shanghai R&D Center and the SAINT ANGELO Yangtze River Delta Headquarters.

On March 20, 2025, the company held the 15th meeting of the 8th Board of Directors, which reviewed and approved the proposal for the investment and construction of the Shanghai R&D Center and the SAINT ANGELO Yangtze River Delta Headquarters. The total investment for the project is approximately 300-400 million RMB, aiming to establish a headquarters base that integrates functions such as R&D design center, smart retail research center, and vocational education training center. The board also authorized the company's management to specifically organize and implement this project, including but not limited to signing, amending, and executing relevant agreements

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