Establishment of Asia-Pacific R&D Center in Liyang, China

On the afternoon of October 8, 2023, the signing ceremony for the GEO Asia-Pacific R&D Center project took place in Liyang, China. The total investment for this project is approximately $50 million, covering the Asia-Pacific R&D Center, procurement center, and operation center.The Liyang City Government extended congratulations on the successful signing of the project, emphasizing its alignment with Liyang's industry and development goals. The focus is on fostering more internationalized collaboration, enhancing R&D and innovation capabilities, consolidating resources, and attracting top-tier talent. The Liyang Government is committed to providing efficient and precise services to facilitate the successful completion of the project.

GEO views the signing of this project as a significant milestone, intending to make it a flagship model for scientific and technological innovation and environmentally sustainable operations. The company is poised to leverage this opportunity for green and secure development.