# Lizhong Group receives 5.53 billion yuan aluminum wheel contracts

Lizhong Group's subsidiaries received two aluminum alloy wheel supply contracts from two customers, with total expected sales of about 5.53 billion yuan over the project lifecycles. Customer 1 project starts early 2025 (10-year term, 5.24 billion yuan), Customer 2 project starts May 2025 (5-year term, 0.29 billion yuan).

- Type: Contract
- Announced: 2024-10-08
- Where: China
- Value: $775.0M (5.53B CNY)
- Status: announced
- Products: aluminum alloy wheels
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Lizhong Group](https://endata.com/companies/64206.md) (supplier)

## Sources

- [cls.cn](https://www.cls.cn/detail/1818420), 2024-10-08: "客户1项目预计2025年年初开始量产，项目生命周期10年，预计项目周期内销售金额约52.4亿元"

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