Lontium: Plans to invest 343 million yuan to build a technology innovation base project

Lontium announced that the company plans to invest in the construction of the Lontium Science and Technology Innovation Base project in the Economic and Technological Development Zone of Hefei City, Anhui Province, with an estimated total investment of approximately 343 million yuan, funded by the company's own or self-raised funds. The planned land area for the project is approximately 29,148.69 square meters, and it intends to build a research and development building, a product testing center, an office building, and supporting facilities, as well as purchase research and development equipment, testing equipment, and auxiliary equipment. The project construction period is 30 months. The implementation of the project still requires project filing with government departments, as well as approvals from relevant departments for environmental protection, energy conservation, fire safety, and others