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Lizhong Sitong Light Alloys Group Co., Ltd.'s (SZSE:300428) Market Cap up CN¥580m Last Week, Benefiting Both Private Companies Who Own 37% as Well as Insiders
China Post Securities: the gold-silver ratio is expected to continue to rise, and copper is difficult to outperform metals in the second half of the year.
The stage of gold-silver differentiation has begun and the gold-silver ratio is expected to continue to rise; copper inventory continues to accumulate and demand is still weak, making it difficult to outperform metals in the short term.
Lizhong Sitong Light Alloys Group (300428.SZ): Subsidiaries have received designated notifications from two international top-tier auto manufacturers for alloy wheel projects.
On July 26th, Geelong Hui reported that Lizhong Sitong Light Alloys Group (300428.SZ) announced that its subsidiaries, Tianjin Lizhong Wheel Co., Ltd. (hereinafter referred to as "Tianjin Lizhong") and New Thai Wheel Manufacturing Co., Ltd. (hereinafter referred to as "New Thai Wheels"), have recently received designated notices for aluminum alloy wheel projects from two international top-tier luxury auto manufacturers (due to confidentiality agreements, the names cannot be disclosed, hereinafter referred to as "Customer 1" and "Customer 2"). The production of Customer 1's project is expected to begin in March 2026, with a project life cycle of 9 years, with an estimated revenue of 4.01/12.88/0.06 billion yuan for 100-300 billion yuan products.
Here's Why We Think Lizhong Sitong Light Alloys Group (SZSE:300428) Is Well Worth Watching
Lizhong Sitong Light Alloys Group (300428.SZ): The controlling shareholder and its concerted action person have cumulatively reduced their shareholding of "Lizhong Convertible Bonds" by 1.3176 million shares.
On July 5th, Gelonhui reported that Lizhong Sitong Light Alloys Group (300428.SZ) received a notice from its controlling shareholder, Tianjin Dong'an Brothers, and its concerted action persons Zang Yakun, Zang Na, Chen Qinghui, and Liu Xia, that they reduced their shareholding in Lizhong convertible bonds by 1,317,580, or 14.64% of the total issuance through bulk and centralized bidding transactions during June 20, 2024 to July 4, 2024.
Lizhong Sitong Light Alloys Group (300428.SZ): The aluminum-based rare earth intermediate alloy developed and produced has been applied in the manufacturing of aluminum alloys for big planes and aerospace components.
Lizhong Sitong Light Alloys Group (300428.SZ) disclosed in an investor relations activity log that the aluminum-based rare earth intermediate alloy it currently researches and produces has been used in the manufacturing of aluminum alloys for big planes and aerospace components, while the production of aerospace-grade special intermediate alloys is mainly used in the titanium alloy and high-temperature alloy fields of aviation and aerospace. It has indirectly been used in the production of key components such as aircraft engine exhaust plugs, engine fan blades, nozzle components, landing gear, brake discs, and fasteners, and has indirectly been applied to an electric aircraft ('air taxi') of a foreign flying car company; at the same time, the company's research and development of silicon-aluminum alloys.
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