--- title: "Lontium: Plans to invest 343 million yuan to build a technology innovation base project" type: "News" locale: "en" url: "https://longbridge.com/en/news/237558819.md" description: "Lontium plans to invest CNY 343 million in Hefei City to build a technology innovation base project. The project covers an area of approximately 29,148.69 square meters and will include the construction of a research and development building, a product testing center, and office buildings, with an expected construction period of 30 months. The funding will come from the company's own or self-raised funds, and the project implementation requires approval from government departments" datetime: "2025-04-25T10:36:41.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/237558819.md) - [en](https://longbridge.com/en/news/237558819.md) - [zh-HK](https://longbridge.com/zh-HK/news/237558819.md) --- # 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 ### Related Stocks - [688486.CN](https://longbridge.com/en/quote/688486.CN.md) ## Related News & Research - [BYD is struggling to meet demand for new fast-charging EVs as orders reach 100K, 60K](https://longbridge.com/en/news/287109883.md) - [China and Russia to expand joint military exercises and patrols](https://longbridge.com/en/news/287088295.md) - [Chemtrade Logistics Holds Guidance Amid Commodity Swings](https://longbridge.com/en/news/286831060.md) - [Apple Flavor to Buy NovoSana’s China Assets for Up to USD66 Million in Health Supplements Push](https://longbridge.com/en/news/287039106.md) - [Japanese automakers invest $70B, support 2.3M US jobs](https://longbridge.com/en/news/287002497.md)