Xintai Wheel

Lizhong Group's subsidiaries Xintai Wheel and Baoding Wheel received project orders from three automotive customers for aluminum alloy wheels, with total expected sales of approximately CNY 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.

Lizhong Group's subsidiaries Xintai Wheel, Mexico Lizhong, and Baoding Lizhong secured fixed-point contracts for aluminum alloy wheel projects with two major customers. The first project has a 10-year lifecycle starting early 2025 with projected sales of RMB 5.24 billion, and the second a 5-year lifecycle starting May 2025 with projected sales of RMB 290 million.