---
title: "Ongoal plans to sign a project contract with the Changsha Economic and Technological Development Zone Management Committee"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/258365182.md"
description: "Ongoal plans to sign a \"Project Introduction Contract\" with the Management Committee of Changsha Economic and Technological Development Zone, investing no more than 450 million yuan to build a management headquarters, a global R&D center, an assembly base, and a sales center. This move aims to enhance the company's core competitiveness, attract outstanding talent, promote sustainable development, and achieve a win-win cooperation with the Management Committee of the Economic Development Zone"
datetime: "2025-09-22T12:57:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/258365182.md)
  - [en](https://longbridge.com/en/news/258365182.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/258365182.md)
---

# Ongoal plans to sign a project contract with the Changsha Economic and Technological Development Zone Management Committee

According to the Zhitong Finance APP, Ongoal (301662.SZ) announced that in order to enhance the company's core competitiveness, better attract outstanding talent, and promote sustainable business development, the company plans to sign a "Project Introduction Contract" with the Changsha Economic and Technological Development Zone Management Committee (referred to as "Development Zone Management Committee") to agree on matters related to the establishment of a subsidiary for project investment. The company intends to invest no more than 450 million yuan, including fixed asset investment, with the Development Zone Management Committee providing coordinated support. The project content includes: 1. Construction of Ongoal's management headquarters and global R&D center. 2. Construction of an assembly base and sales center.

This investment is beneficial for the win-win cooperation between the company and the Development Zone Management Committee, as the company will rely on policy support to enhance its core competitiveness, better attract outstanding talent, and promote sustainable business development

### Related Stocks

- [301662.CN](https://longbridge.com/en/quote/301662.CN.md)

## Related News & Research

- [Nio to showcase ES9 chassis capabilities via live broadcast ahead of Q1 earnings release](https://longbridge.com/en/news/287022748.md)
- [BYD Fang Cheng Bao hits 400,000 sales milestone despite production snags](https://longbridge.com/en/news/287011931.md)
- [Fang Cheng Bao SUV delivery delays highlight BYD's manufacturing pressure amid tech transition](https://longbridge.com/en/news/286999045.md)
- [Why Is Oklo Stock Surging On Wednesday?](https://longbridge.com/en/news/287096677.md)
- [Micron's stock gets a boost. Are Samsung's problems helping?](https://longbridge.com/en/news/287092903.md)