Recently, the Li Zhong Group announced that its subsidiary, Xintai Wheel, has received a designated contract from an international automobile manufacturer for the aluminum alloy wheel project. Xintai Wheel has been designated as the designated unit for the project, which is expected to start mass production in September 2025 with a project lifecycle of four years. The company is expected to generate a total sales revenue of approximately 1.94 billion RMB from the international automobile manufacturer's designated aluminum alloy wheel project during the project period.
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