300428 Lizhong Sitong Light Alloys Group
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Lizhong Sitong Light Alloys Group News
Here's Why We Think Lizhong Sitong Light Alloys Group (SZSE:300428) Is Well Worth Watching
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to investors, even if it currently lacks a track record of revenue and profit. But as
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.
Lizhong Sitong Light Alloys Group (300428.SZ): Integrated die-casting and heat-free treated alloy materials have been certified by multiple leading new energy vehicle companies and technology companies' clients, including CTC, for designated projects.
On July 3, Gelunhui reported that Lizhong Sitong Light Alloys Group (300428.SZ) disclosed an investor relations activity record table, showing that the company's integrated die-casting heat-resistant and heat-free processing alloy materials have obtained customer certification and project designation from many leading new energy vehicle enterprises, large-scale die-casting factories, and technology companies such as CTC, CTB, and CTP, and has entered the scale production stage. The company's integrated die-casting heat-resistant and heat-free processing alloy materials have taken the lead in achieving localization, with strong market competitive advantages in product quality, process technology, and production costs. At the same time, the company continues to strengthen the vertical depth research and development of heat-free processing alloy materials, and has currently developed and launched recycling technology.
These 4 Measures Indicate That Lizhong Sitong Light Alloys Group (SZSE:300428) Is Using Debt Extensively
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of permanent loss is the risk I worry about... and every practical investor I know wor
Lizhong Sitong Light Alloys Group (300428.SZ): The controlling shareholder and its concerted action person have cumulatively reduced their shareholdings by 2.03 million shares of Lizhong convertible bonds.
On June 20th, 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 parties, Zang Yongxing, Zang Yongjian, Zang Liguo, Zang Yongyi and Zang Yonghe. They learned that Tianjin Dong'an Brothers and their concerted action parties reduced their shareholdings of "Lizhong Convertible Bonds" by 2,033,444 shares through bulk trading and centralized bidding trading from May 31, 2024 to June 19, 2024, accounting for 22.60% of the total bond issuance.
Lizhong Sitong Light Alloys Group (300428.SZ) has won the designated customer project.
On June 19th, Gelunhui reported that Lizhong Sitong Light Alloys Group (300428.SZ) announced that its wholly-owned subsidiary, Tianjin Lizhong Alloy, recently obtained a project designated by an important strategic customer for integrated die-casting aluminum alloy materials. The project is expected to start on July 1, 2024, with a project period from July 1, 2024, to June 30, 2027. The sales volume during the project period is about 75,000 tons, and the transaction amount is expected to exceed RMB 1.5 billion. If there is no objection one month before the expiration of the project, it will be automatically extended for one year.
Chinese Alloy Wheel Maker Lizhong Lands 9.2 Billion Yuan Order
Chinese supplier of aluminum alloy materials Lizhong Sitan Light Alloy Group's subsidiaries secured orders worth 9.2 billion yuan from two major international automakers, according to a Thursday filin
Lizhong Sitong Light Alloys Group (300428.SZ): Received customer project designated notification.
On June 12, Gelonhui reported that Lizhong Sitong Light Alloys Group (stock code 300428.SZ) has announced that its subsidiaries, Tianjin Lizhong Wheel Co., Ltd. and Lizhong Mexico, have recently received designated notices for aluminum alloy wheel projects from a certain internationally renowned deluxe car company (referred to as Client 1) and a certain internationally renowned car company (referred to as Client 2), respectively. Client 1's project is expected to start mass production in August 2026, with a project life cycle of 9 years, and an estimated sales amount of approximately 8.199 billion yuan during the project period. Client 2's project is expected to start mass production in March 2026, with a project life cycle of 6 years, and an estimated sales amount of approximately 956 million yuan during the project period.
Lizhong Group (300428.SZ) 2023 equity distribution: 1.187,308 yuan for every 10 shares
According to Zhitong Finance App, Lizhong Group (300428.SZ) announced that the company's 2023 equity distribution plan is to distribute 1.187,308 yuan in cash (tax included) to all shareholders for every 10 shares. The share registration date for this equity distribution is: June 4, 2024, and the exclusion date is: June 5, 2024.
A Closer Look At Lizhong Sitong Light Alloys Group Co., Ltd.'s (SZSE:300428) Impressive ROE
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why it is important. To keep the lesson
Lizhong Group (300428.SZ): Lizhong Alloy obtained technical certification for the supply of heat-free alloy materials from customers
Gelonghui Group (300428.SZ) announced on May 22 that Tianjin Xinlizhong Alloy Group Co., Ltd. (“Lizhong Alloy”), a wholly-owned subsidiary of the company, recently obtained technical certification for the supply of heat-free alloy materials from a leading NEV company (limited to a confidentiality agreement, unable to disclose its name, “customer”).
Lizhong Group (300428.SZ): The company's heat-free alloy materials obtained customer certification
Gelonghui, May 21丨Lizhong Group (300428.SZ) announced that Tianjin Xinlizhong Alloy Group Co., Ltd., a wholly-owned subsidiary of Lizhong Sitong Light Alloy Group Co., Ltd., recently obtained the qualification certification for heat-free alloy materials from a leading NEV company. This time, the company obtained the qualification certification for heat-free alloy materials, which is expected to have a positive impact on the company's future business performance and help enhance the company's overall profitability and market share.
Lizhong Group (300428.SZ): Received a fixed notice for an aluminum alloy wheel project from an internationally renowned automobile manufacturer
Gelonghui, May 21丨Lizhong Group (300428.SZ) announced that Lizhong Wheel, a subsidiary of the company, recently received a fixed notice for an aluminum alloy wheel project from an internationally renowned automobile manufacturer. The project is expected to begin mass production in June 2026. The project life cycle is 6 years, and the estimated sales amount is about 377 million yuan during the project period. This targeted project does not rule out the possibility of joint use of the product with other projects in the future.
Lizhong Group (300428.SZ): Controlling shareholders and their co-actors reduced their holdings of “Lizhong Convertible Bonds” by a total of 1.779,000
Gelonghui, May 20, 丨 Lizhong Group (300428.SZ) announced that the company received notifications from the controlling shareholder Tianjin Dongan Brothers and their co-actors Zang Yongxing and Zang Yongjian. It learned that Tianjin Dongan Brothers and their co-actors Zang Yongxing and Zang Yongjian reduced their holdings of “Lizhong Convertible Bonds” through bulk transactions and centralized bidding transactions between April 26, 2024 and May 20, 2024, accounting for 19.77% of the total amount of bonds issued.
Lizhong Group (300428.SZ): Heat-free alloy materials have been supplied in small quantities to produce battery pack bracket structural parts for pure electric vehicles of a high-end automobile brand
Gelonghui May 10 丨 Lizhong Group (300428.SZ) held a performance briefing on May 10, 2024 to discuss “How many models currently use heat-free aluminum alloy materials?” The company replied that the company's heat-free alloy materials have been supplied in small quantities to produce battery pack bracket structural parts for pure electric vehicles of a high-end automobile brand. In terms of large-scale structural parts, the company is currently simultaneously promoting a variety of heat-free alloy materials to meet customers' different component performance choices. The company has now worked with a number of leading NEV companies, large die-casting plants and C for integrated die-casting alloy materials without heat treatment
Lizhong Group (300428.SZ): Providing high-quality aluminum alloy wheel products and supporting services for world-renowned automakers and leading NEV brands
Gelonghui, May 10, 丨 Lizhong Group (300428.SZ) held a performance briefing on May 10, 2024 to discuss “In which price segment is the model with the largest concentration of the company's wheel sales?” The company replied that the company provides high-quality aluminum alloy wheel products and supporting services for world-renowned automakers and leading NEV brands. The company gives full play to the advantages of domestic and foreign production capacity scale, product quality, customer service, etc., accelerates the switching of high-value-added products such as spinning, forging, high-end, and large-size products, continuously optimizes and adjusts the product structure, increases the market share of high-end aluminum alloy wheels, and continuously broadens the company's profit margins
Sitong Light Alloys' Unit Bags 1.41 Billion Yuan Worth of Aluminum Alloy Wheels Order
Lizhong Sitong Light Alloys Group's (SHE:300428) unit, Tianjin Lizhong Wheel, received two aluminum alloy wheel orders amounting to 1.41 billion yuan from an undisclosed international luxury car manuf
Lizhong Group (300428.SZ): Received a targeted notice from the customer's project. The total sales volume during the project period is estimated to be about 1.41 billion yuan
Gelonghui Group (300428.SZ) announced that Tianjin Lizhong Wheel Co., Ltd. (hereinafter referred to as “Lizhong Wheel”), a subsidiary of the company, recently received a fixed-point notice from an international luxury car manufacturer (hereinafter referred to as “Customer 1”) and an internationally renowned automobile manufacturer (hereinafter referred to as “Customer 2”) for an aluminum alloy wheel project (limited to a confidentiality agreement, and its name cannot be disclosed, hereinafter referred to as “Customer 1” and “Customer 2”). Customer 1 project is expected to begin mass production in the second half of 2026. The project life cycle is 4-5 years, and the estimated sales amount is about 210 million yuan during the project cycle; customer 2 projects
Lizhong Sitong Light Alloys Group's (SZSE:300428) 12% CAGR Outpaced the Company's Earnings Growth Over the Same Five-year Period
Stock pickers are generally looking for stocks that will outperform the broader market. And in our experience, buying the right stocks can give your wealth a significant boost. For example, long ter
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