Lizhong Group won the bid for the aluminum alloy wheel project, with sales expected to reach 2.17 billion yuan

Xintai Wheel and Baoding Wheel, subsidiaries of Lizhong Sitong Light Alloy Group Co., Ltd., have received aluminum alloy wheel project designation notices from a well-known automobile manufacturer, a leading new energy vehicle enterprise, and a smart electric vehicle customer, respectively, with a total estimated sales of approximately RMB 2.17 billion. This reflects the company's strength in aluminum alloy wheel product development and design, technical quality, and production guarantee capabilities, and will have a positive impact on the company's future operating performance. However, there are uncertainties in the actual delivery time, supply price, and supply quantity of the product, and factors such as the macroeconomic situation, the overall situation of the automobile market, and the development progress of corresponding models may also have an impact on the supply volume.