Lizhong Group (300428.SZ) announced that the company's subsidiary Baoding Lizhong Wheel Manufacturing Co., Ltd. (abbreviated as “Li...
Zhitong Finance App News, Lizhong Group (300428.SZ) announced that the company's subsidiary Baoding Lizhong Wheel Manufacturing Co., Ltd. (“Lizhong Wheel”) recently received a fixed notice for a high-end smart electric vehicle customer (“Customer 1”) forged aluminum alloy wheels and a spun aluminum alloy wheel project by an internationally renowned automobile manufacturer (“Customer 2”).
The customer 1 project is expected to begin mass production in December 2024. The project life cycle is 3 years, and the estimated sales amount during the project cycle is about 15 million yuan; the customer 2 project is expected to begin mass production in March 2026. The project life cycle is 6 years, and the estimated sales amount during the project cycle is about 700 million yuan.