Lizhong Sitong Light Alloys Group (300428.SZ) has won a contract for aluminum alloy wheels from a certain international car manufacturer, with an expected sales amount of approximately 1.37 billion yuan.
Lizhong Group (300428.SZ) announced that its subsidiary Lizhong Mexico S DE RL DE CV (referred to as "Lizhong Mexico") and Tianjin Lizhong Wheel Co., Ltd. (referred to as "Tianjin Lizhong") have recently received a designated notification from a well-known international automotive manufacturer for an aluminum alloy wheel project. The project is expected to start mass production in mid-2027 with a project lifecycle of 8 years, and it is estimated that the sales amount within the project period will be approximately 1.37 billion yuan.
Lizhong Sitong Light Alloys Group (300428.SZ) announced that its subsidiaries Lizhong Mexico S DE RL DE CV (referred to as "Mexican Lizhong") and Tianjin Lizhong Wheels Co., Ltd. (referred to as "Tianjin Lizhong") recently received a designated notice from a well-known international automobile manufacturer for an aluminum alloy wheel project. The project is expected to start mass production in mid-2027, with a project lifecycle of 8 years, and estimated sales amount of approximately 1.37 billion RMB during the project period.
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