The liquidmetal/Magnesium section is Extremely encouraging. LQMT couldn't have hoped for a better Sister company to partner with. Magnesium and Liquidmetal revenues are up and we are only half way through the second half of 2017, with many products dues out in this 4th quarter. Looking forward to Li transferring LQMT's territorial orders and royalties, he will make a killing from his 400+ million shares.
During the reporting period, the company's new energy auto parts business continued to grow steadily, the company's auto parts business income of 14,500,400 yuan, compared with the same period last year increased by 123.11%.
The company and BYD, Geely, Wei Rui and other customers to carry out new energy vehicles, metal parts and related facilities (battery pack and charging pile solution) supply cooperation and development for the company's follow-up new energy auto parts business development and growth has laid a good Foundation.
The company always adhere to the core customer strategy, with leading technology, rapid response and excellent product quality by large customers recognized. The company as Tesla's global design partnership, has been committed to the development of new energy vehicles lightweight new materials, at present, liquid metal products have entered the new energy automotive market, the company has been stable supply to Tesla liquid metal lock, as innovation Materials through practical application to win the customer's continued confidence.
The company and General Motors developed ultra-thin ultra-light magnesium alloy door plate is becoming the pioneer of the development of the automotive industry lightweight, and won the 2017 International Magnesium Association (IMA) Excellence Award. As of the end of the reporting period, the company as a supplier has entered the Tesla, Harman, Desai cars, Alpine (Alpine), AWEUROPE, BYD, Geely, Wei Rui, and other well-known domestic and international customer supply chain.
(B) consumer electronics consumer electronics market in recent years, the rapid development of many consumer electronics products in the cycle of gradually shortening, is moving in the light, thin, small direction. With the continuous development of global consumer electronics manufacturing technology, the demand for portable, impact-resistant, and applicable products for a variety of different environments has increased, and the metallization of the chassis and internal structure has become an important direction for innovation , And gradually formed the scale of application potential.
Magnesium alloy, liquid metal and other new materials, the unique characteristics of its unique in the application of consumer electronics products in the rapid rise. According to the industry opportunities, market conditions, customer demand for the actual situation, for the characteristics of consumer electronics short and fast, and actively explore the consumer electronics structure of the market, as of the end of the reporting period, the company and Huawei, Lenovo, Samsung, Wistron, and Shuo, Well-known customers to establish a cooperative relationship.
At the same time, the company actively layout such as VR, UAV, sports cameras, intelligent wear and other industries, and Idealens, parrot, Xinjiang (DJI), Gopro, song Seoul acoustic industry and other well-known enterprises in-depth cooperation to provide customers with magnesium alloy, Liquid metal and other new materials structural parts solution.
(3) Liquid metal With the relevant industry to improve the acceptance of liquid metal, more and more companies use liquid metal materials design and production of precision parts and products, especially high strength, difficult to final shape and dimensional accuracy requirements of complex Thin-walled structural parts, liquid metal materials demand increases. During the reporting period, the company on the basis of the development of liquid metal business last year, on the one hand, continue through trade fairs, seminars and other means to promote the promotion of liquid metal products (such as June 2017, the company successfully held in Shenzhen, liquid metal technology Seminars, access to the industry a high degree of concern), on the other hand, continue to strengthen the joint research of liquid metal production and research to accelerate the progress of scientific research achievements, continue to develop liquid metal products market.
In the second half of 2017, the company's sales revenue of liquid metal products was 1,868.1 million yuan, an increase of 84.08% compared with the same period last year.
The company's liquid metal materials in addition to the application of new energy vehicles, consumer electronics and other fields, in the field of robotics and intelligent manufacturing applications. As of the end of the reporting period, the company entered the supply chain of Tesla, Jinli, Geli, Haian Mai Electronics, millet, NVIDIA, Huawei, ABB and other well-known customers at home and abroad.
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