GEB: 1.5 billion Southwest investment project officially signed, expanding the new energy market

In 2025, Shandong GEB Precision Machinery Technology Co., Ltd. approved external investment proposals on July 16 and August 1, respectively, through the board of directors and the shareholders' meeting to expand the market for electric drive rotor products in the southwest region of new energy vehicles, agreeing to increase capital in Jin Haihui, which will establish a subsidiary in Chongqing. The company signed an "Industrial Project Investment Contract" with the government of Bishan District, Chongqing, with a total project investment of no less than 1.5 billion, including fixed asset investment of no less than 1.25 billion, implemented in two phases with a "rent first, build later" approach. Recently, the company officially signed this investment contract with the local government, and any significant changes or phased progress will be disclosed in a timely manner in accordance with regulations to remind investors to pay attention to risks