---
title: "GEB plans to invest no less than 1.5 billion yuan to build an intelligent manufacturing project for key components of high-end equipment"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/248757407.md"
description: "GEB signed an investment contract with the People's Government of Bishan District, Chongqing, planning to invest no less than 1.5 billion yuan to build an intelligent manufacturing project for key components of high-end equipment. The project includes a production line and R&D center for electric drive systems of new energy vehicles, aiming to enhance the company's development in related fields, optimize supply chain efficiency, and reduce logistics costs. The increased capital will be fully included in the registered capital, and Jinhaihui will establish a subsidiary in Chongqing to be responsible for project construction and operation"
datetime: "2025-07-16T09:30:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/248757407.md)
  - [en](https://longbridge.com/en/news/248757407.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/248757407.md)
---

# GEB plans to invest no less than 1.5 billion yuan to build an intelligent manufacturing project for key components of high-end equipment

According to the Zhitong Finance APP, GEB (603270.SH) announced that the company has signed an "Industrial Project Investment Contract" with the People's Government of Bishan District, Chongqing. The project is named the Intelligent Manufacturing Project for Key Components of High-end Equipment, with a total investment of no less than 1.5 billion yuan, including fixed asset investment of no less than 1.25 billion yuan and other inputs of no less than 250 million yuan.

The company plans to use its own or raised funds to increase its capital in Hainan Jinhaihui Investment Co., Ltd. (referred to as "Jinhaihui"), with all the increased capital counted into the registered capital. After the capital increase is completed, Jinhaihui will establish a subsidiary in Chongqing named Boyuan Electric Drive Technology (Chongqing) Co., Ltd. (tentative name, referred to as "Boyuan Chongqing"), which will serve as the project construction and operation entity.

The first phase of the project involves the construction of production lines for electric drive system stators and rotors for new energy vehicles, a stamping production line for core automotive components, and a research and development center; the second phase will build production lines for core components of electric motor systems for new energy and other high-end equipment, a research and development center, an office building, and a shift building.

It is reported that investing in this project will help promote the company's development in the fields of electric drive system stators and rotors for new energy vehicles, stamping parts for core automotive components, improve supply chain efficiency, and reduce logistics costs

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