Zhejiang Jingu (SHE:002488) received an order to develop and supply Avatar low-carbon wheels to a un undisclosed new energy vehicle manufacturer, according to a Shenzhen Stock Exchange disclosure on Wednesday.
The wheels, which will begin mass production in 2026, will be used for two of the client's new energy vehicle models, the Chinese steel wheel manufacturer said.
The company's shares rose more than 2% in recent trade.
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