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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.