An investor asked Lizhong Group, what is the current proportion of domestic and foreign sales of the wheel business? Does the current logistics tightness affect exports?
The company replied, thank you for your attention to Lizhong Group. 60% of the aluminum alloy wheel segment is from overseas customers. With the second factory in Thailand put into operation soon, overseas supply will also increase. The proportion of domestic customers in Shanghai is also very low; at the same time, since the LME aluminum price has continued to be significantly higher than the domestic aluminum price since 2022, the export products of the wheel segment based on the LME aluminum price can obtain more aluminum price difference In addition, because the pricing of wheel export business has been linked with ocean freight, and the overall ocean freight has dropped, better income can be obtained. The new high-quality customers of the wheel are also making efforts one after another. For example, the Lizhong wheel segment has completed the BYD factory certification and began to quote, and the follow-up business will also develop rapidly; another example has completed the factory certification of an international leading new energy vehicle company, and some products It is also in the quotation process; in this way, a joint force of industries and products is gradually formed to drive the sustainable development of all aspects of the company’s business, thank you.