Lizhong Sitong Light Alloys Group

Lizhong's Mexican plant will become the designated aluminum alloy wheel supplier of another famous international carmaker, with mass production starting in March 2026 and expected sales of CNY956 million over six years.

Lizhong Sitong Light Alloys Group received orders worth CNY9.2 billion (USD1.3 billion) from two international luxury carmakers for aluminum alloy wheels. The Tianjin plant order starts mass production in August 2026, and the Mexican plant order starts in March 2026.

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).

NewThai Wheel Manufacturing, a Thai unit of Lizhong Sitong Light Alloys Group, became a designated supplier of aluminum wheels for a global automaker's new models, with expected sales of CNY750 million ($104.3 million) over eight years, starting May 2025.

Lizhong Sitong Light Alloys Group's Thai unit, New Thai Wheel Manufacturing, was named the designated supplier of aluminum alloy wheels for an international carmaker's new models. The order is worth up to CNY1.9 billion ($264 million), with production expected to start in September 2025.

Lizhong Sitong Light Alloys Group received an order worth about CNY840 million (USD118 million) for aluminum alloy wheels from a high-end EV parts maker. Mass production is expected to start in the first half of 2025.

Lizhong Sitong Light Alloys Group secured a contract to supply aluminium alloy wheels to a leading new energy vehicle maker for its upcoming Thai plant. The deal is expected to generate RMB 68 million in sales revenue, with mass production starting in October 2024.

Lizhong Sitong Light Alloys Group's unit Baoding Lizhong Wheel will exclusively supply aluminum alloy wheels for a leading Chinese electric carmaker's new model. The deal is worth CNY 1.8 billion ($240 million) over a three-year life cycle, with mass production starting in the second half of 2024.