# Lizhong Group subsidiaries win aluminum alloy wheel projects worth RMB 2.17 billion

Subsidiaries Xintai Wheel and Baoding Wheel of Lizhong Sitong Light Alloy Group received designation notices for aluminum alloy wheel projects from a renowned automaker, a leading NEV company, and a smart EV customer, with estimated total sales of approximately RMB 2.17 billion.

- Type: Contract
- Announced: 2024-11-04
- Where: China
- Value: $300.0M (2.17B CNY)
- Status: announced
- Products: aluminum alloy wheels
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Lizhong Sitong Light Alloy Group](https://endata.com/companies/80986.md)
- [Xintai Wheel](https://endata.com/companies/80695.md) (partner)
- [Baoding Wheel](https://endata.com/companies/80987.md) (partner)

## Sources

- [news.metal.com](https://news.metal.com/newscontent/103020655/Lizhong-Group-Subsidiaries-Win-Major-Aluminum-Alloy-Wheel-Projects-with-Estimated-Sales-of-RMB-217-Billion), 2024-11-04: "The estimated total sales for this project amount to approximately RMB 2.17 billion, demonstrating the company's robust capabilities in the development and design, quality control, and production assurance of aluminum alloy wheel products."

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