Lizhong Group: Received Designated Contract for Aluminum Alloy Wheels Project from International Automobile Manufacturer

Lizhong Group announced that its subsidiary, Xintai Wheels, recently received a designated contract for an aluminum alloy wheels project from an international automobile manufacturer. Xintai Wheels has been designated as the specified unit for the project, which is expected to start mass production in September 2025 and have a project lifespan of four years. The company is expected to achieve a cumulative sales total of approximately 1.94 billion yuan during the project period as a result of being designated as the supplier of aluminum alloy wheels for the international automobile manufacturer.