A subsidiary of Lizhong Group received a designated notice for an aluminum alloy wheel project from a leading international automaker

In February 2024, Tianjin Lizhong, a subsidiary of Lizhong Group, recently received a notice of appointment for a best-selling aluminum alloy wheel project from a leading international automaker. The project is expected to start mass production in mid-2025, with a project cycle of three years and a total cumulative sales of approximately RMB 250 million.