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