Lizhong Group was founded in 1984 and listed on the Growth Enterprise Market of the Shenzhen Stock Exchange in 2015 (stock code: 300428). Lizhong Group is dedicated into four major sectors: Lizhong Alloy, Lizhong Wheel, Sitong New Material and Lizhong Chemical. Lizhong Group is an international enterprise specializing in the research, development and production of secondary aluminum alloys, aluminum alloy wheels, intermediate alloy materials with new functions, molds, melting equipment and new materials for lithium-sodium batteries. Lizhong’s products are mainly used in areas including automobiles, high-speed railways, power appliances, consumer electronics, 5G communications, aerospace, machinery, shipbuilding, new energy batteries etc., with 46 subsidiary corporations around the world, of which 34 subsidiary corporations are manufacturing plants. In 2020, Lizhong has recruited about 9,000 employees, with total assets of 11.3 billion CNY, and sales revenue of 13.4 billion CNY. Lizhong Alloy Group has two major product brands-- Lizhong Alloy and Longda Aluminum, and 21 companies located in Baoding, Qinhuangdao, Tianjin, Changchun, Yantai, Binzhou, Yangzhou, Yangzhong, Wuhan, Zengcheng, Qingyuan, Yingde. Lizhong Alloy Group is the largest manufacturer of recycled casting aluminum alloy in China. Lizhong Alloy Group’s production capacity of aluminum alloy has achieved 1.2 million tons, owning more than 200 product brands, as well as 4.1 billion CNY in assets, and its sales revenue has achieved 8.2 billion CNY in 2020.