Lizhong subsidiaries win luxury auto aluminum alloy wheel deal

Lizhong Group announced that its subsidiaries, Tianjin Lizhong Wheel Co., Ltd., NewThai Wheel Manufacturing Co., Ltd., and Baoding Lizhong Dong'an Light Alloy Parts Manufacturing Co., Ltd., have been appointed as designated suppliers for an aluminum alloy wheel project for a leading international luxury automaker.

The project is expected to begin mass production in July 2027, with a projected lifecycle of 10 years and total sales estimated at around RMB5.8 billion (USD 815 million) over the period.