Lizhong Group Subsidiaries Win Major Aluminum Alloy Wheel Projects with Estimated Sales of RMB 2.17 Billion

Опубликовано: Nov 4, 2024 09:42
Lizhong Group recently issued a bid-winning announcement, stating that its subsidiaries, Xintai Wheel and Baoding Wheel, under Lizhong Sitong Light Alloy Group, have received定点 notifications (officially translated as "official appointments" or "designation notices") for aluminum alloy wheel projects from a renowned automaker, a leading new energy vehicle company, and a smart electric vehicle customer, respectively. The estimated total sales for this project amount to approximately RMB 2.17 billion, demonstrating the company's robust capabilities in the development and design, quality control, and production assurance of aluminum alloy wheel products. This achievement is expected to positively impact the company's future operating performance. However, uncertainties remain regarding the actual delivery time, prices, and quantities. Additionally, factors such as the macroeconomic situation, the overall condition of the automotive market, and the development progress of relevant vehicle models may also influence the supply volume.

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