Zhejiang Jingu secures first European project for Avatar low-carbon wheels

Zhejiang Jingu Co., Ltd. recently received a nomination letter from a global leading German automotive manufacturer to develop Avatar low-carbon wheel products for its new energy vehicle models produced in Europe. This marks the company's first Avatar low-carbon wheel passenger car original equipment project in Europe, signaling its official entry into the European market.

This achievement demonstrates the customer's high recognition of Zhejiang Jingu's Avatar low-carbon wheel products, enhancing the company's brand influence and highlighting its growth potential. The company, an R&D-driven enterprise, launched its lightweight Avatar low-carbon wheels in late 2020, leveraging significant technological advancements in processes, equipment, molds, and materials.

The project is scheduled to commence production in 2027 and is not expected to impact the company's revenue and profit levels for the current year. Zhejiang Jingu aims to continuously upgrade its materials and equipment to iterate new generations of Avatar low-carbon wheels, intending to fully replace traditional wheels.