Lizhong Group and Wencan Group deepen cooperation on integrated die-casting aluminum alloy materials

In July 2024, Lizhong Group and Wencan Group signed a cooperation agreement in Lu'an, Anhui to deepen the cooperation on integrated die-casting aluminum alloy materials. It is expected that 75,000 tons will be traded within three years, with a transaction volume of over 1.5 billion yuan. The two parties have maintained a good cooperative relationship since 2012. Lizhong Group is a global supplier of new materials and lightweight automotive parts, dedicated to the research and development of heat-treatment-free alloy materials. Founded in 1984, Lizhong Group has three major business segments: Lizhong Alloy, Lizhong Wheel and Lizhong Sitong New Materials. It has established a total of 54 companies worldwide, including 41 manufacturing plants. The business areas of the three major segments: aluminum-based functional master alloys, recycled cast aluminum alloys and aluminum alloy wheel businesses are all in an important position in the industry.