# Lizhong unit receives $193.8M aluminum wheel orders from two automakers

Tianjin Lizhong Wheel, a unit of Lizhong Sitong Light Alloys Group, was named designated supplier of aluminum alloy wheels for two new projects by two international carmakers. The orders are potentially worth CNY1.4 billion ($193.8 million).

- Type: Contract
- Announced: 2024-05-08
- Where: China
- Value: $193.8M
- Status: announced
- Products: aluminum alloy wheels
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Lizhong Sitong Light Alloys Group](https://endata.com/companies/72280.md)
- [Tianjin Lizhong Wheel](https://endata.com/companies/77323.md)

## Sources

- [www2.yicaiglobal.com](https://www2.yicaiglobal.com/news/chinas-lizhong-surges-after-unit-bags-usd1938-million-orders-for-aluminum-alloy-wheels), 2024-05-09: "Tianjin Lizhong Wheel was named the designated supplier of aluminum alloy wheels for the international carmakers' two new projects, Lizhong announced yesterday."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.