iconMar 18, 2024 13:25
Source:SMM
Recently, the subsidiary of Lz Central Group, Xintai Wheel, received a notification of being designated as the fixed-point unit for a high-end forged aluminum alloy wheel project from a global large automotive enterprise group. The project is expected to start in May 2025, with a lifecycle of 8 years and an estimated total sales of approximately 750 million yuan. Lz Central Group continues to adhere to its global market positioning, improve production capacity layout, and enhance international competitiveness; expand the new energy vehicle market, accelerate the transition to high value-added products; and leverage its industrial chain advantages to increase market share in the aluminum alloy wheel market. The designation of this project further demonstrates the company's recognition in quality and production guarantee capabilities, consolidating its leading advantage in global strategic layout. The project is expected to have a positive impact on the company's future operating performance, contributing to the overall profitability and market share improvement.

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