On June 17, Kingo Tire triumphantly announced its receipt of a notification designating it as a preferred supplier for a leading domestic passenger vehicle manufacturer. This prestigious partnership will see Kingo Tire developing Avatar low-carbon wheel products exclusively for two of the manufacturer's top-selling models. This latest collaboration follows closely on the heels of yesterday's announcement, where Kingo Tire was also designated as a supplier for five additional vehicle models from the same esteemed client.

The back-to-back acquisitions of designated supplier projects serve as a testament to the market's and clients' growing recognition of Kingo Tire's innovative Avatar low-carbon wheels. The project is poised to commence mass production in the latter half of the year, promising to significantly boost the company's revenue and profit margins for the current fiscal year.