On November 13, Lizhong Group made an announcement stating that its subsidiaries, namely Lizhong Mexico, Xintai Wheel, and Baoding Wheel, have recently been notified of being designated for aluminum alloy wheel projects. These notifications came from internationally renowned automobile manufacturers, including a globally recognized luxury carmaker and a leading new energy vehicle producer.

The project assigned by Client 1 is slated to kick off mass production in January 2027. It will span a project cycle of six years and is projected to generate sales of approximately RMB 697 million. For Client 2, the project is expected to commence mass production in December 2027, with a duration of four years and estimated sales reaching around RMB 168 million. As for Client 3, the project is projected to start mass production in December 2025, lasting three years and anticipating sales of approximately RMB 270 million. When combined, the total value of these three projects amounts to approximately RMB 1.135 billion.