--- title: "GEB: 1.5 billion Southwest investment project officially signed, expanding the new energy market" type: "News" locale: "en" url: "https://longbridge.com/en/news/256882492.md" description: "Shandong GEB Precision Machinery Technology Co., Ltd. signed a 1.5 billion Southwest investment project in 2025, aimed at expanding the new energy vehicle market. The project includes establishing a subsidiary in Chongqing and signing an investment contract with the Bishan District government, with fixed asset investment of no less than 1.25 billion, implemented in two phases. The company will disclose project progress in a timely manner and remind investors to pay attention to risks" datetime: "2025-09-11T09:15:01.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/256882492.md) - [en](https://longbridge.com/en/news/256882492.md) - [zh-HK](https://longbridge.com/zh-HK/news/256882492.md) --- # 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 ### Related Stocks - [603270.CN](https://longbridge.com/en/quote/603270.CN.md) ## Related News & Research - [11:05 ETThe Church of Jesus Christ of Latter-day Saints Commits $25 Million to the UNICEF-led Child Nutrition Fund](https://longbridge.com/en/news/287088476.md) - [Europe-China spacecraft launches to study Earth's 'invisible armour'](https://longbridge.com/en/news/286881963.md) - [PetroTal Announces Availability of Annual General Meeting Materials | PTALF Stock News](https://longbridge.com/en/news/287013425.md) - [08:28 ETTERREPOWER Demonstrates Decarbonization and Resource Efficiency at Scale in 2025 Corporate Sustainability Report](https://longbridge.com/en/news/286912255.md) - [03:18 ETStar Refrigeration reinforces responsibility after commissioning with a two-year parts and labour warranty](https://longbridge.com/en/news/287022213.md)