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Any related to CE?
If they received clearance, I’d expect evie to follow the same path.
Uhhhh, what does karp palantir CEO know about iHub?
Yurko and buhler Inc.
“VACUUM DIE CASTING MACHINE AND PROCESS”
https://www.freepatentsonline.com/WO2009067512A1.html
Yurko, waniuk
Zr Hf alloy
https://www.freepatentsonline.com/10280494.html
Gold watch patent Yurko
https://www.freepatentsonline.com/11910552.html
Looks generic (commercial) to me.
The price is interesting, as the market has a realization for accuracy and the otc is known for its manipulation.
Nasdaq would offer a clearer picture for shareholders.
Commercial name “Liquidmetal”
Specific naming requires TM (R)
Selling Lqmt here and buying Bitcoin…it just makes sense!
ETF vs 100k in revs
Who’s in?!
So much fits inside the tiny 3D-printed AMLOY-ZR01 amorphous metal housings, requiring dexterity and refined fine motor skills. This is the first step in assembly before they’re packaged and shipped across the world, to you!
— Sennheiser India (@SennheiserIndia) July 4, 2023
Interesting…I see the infamous bouncing ball video has been addded to the front page.
In-app reading
What's the beginning? This Chinese company actually got stuck in the neck of the American military giant Loma!
2023-05-27 19:14HenanLovers in the field of history, dynamic creator
The Sino-US trade war has long evolved from an economic war to a science and technology war. With its strong scientific and technological strength, the United States has launched a crazy all-round suppression of Chinese high-tech companies. Even its followers, Japan, South Korea and other countries, have begun to impose strict restrictions on China's high-tech field under their pressure.
The technological restrictions in the United States have greatly constrained the development of some Chinese high-tech enterprises. Even some high-tech enterprises have to press the pause button, and some enterprises have to disband the R&D team. It can be said that the restrictions of the United States on China in the high-tech field have made many Chinese high-tech enterprises miserable. What they expect and can rely on can only be a breakthrough in their own domestic substitution.
How to counter the sanctions of the United States? In fact, we don't have many cards to play. After all, as an old technology power, the United States holds many technology cards. These cards give it the means of technological hegemony, while other countries can only deal with it passively.
As for the resource-intensive means proposed by many people to restrict the export of rare earths, the actual role is not as big as expected. If we want to restrict the United States equally, we must have the means it does not have.
Just when many large companies were helpless about the sanctions against the United States, there was a small Chinese company that was unknown, but the world's top military giant in the United States, Lockheed Martin, was dejected and hit Loma's neck. Because this material produced by this Chinese company is unique in the world and a necessary material for many Loma's products, it is now refused to be provided to Loma.
Up to now, Loma has not found a way to crack it, and can't find an alternative product at all. It has to lower its head and find this company, hoping to raise its noble hand, let Loma go, and provide some continued materials.
Originally, during the normal trade between China and the United States, the two countries had nothing to do with each other. You have me and I have you. Everyone does business peacefully. It's very good.
But over the years, the United States has not thought so. All day long, it is thinking about how to limit, delay and hinder China's development in the high-tech field, so that the United States can always be on China in these fields. In order to do this, relying on normal trade means alone, the United States felt that it could not achieve its own goals, so trade wars and science and technology wars came one after another, all of which were aimed at China and killed it. There is only one purpose, which is to interrupt the momentum of China's development in the high-tech field, so that China will always follow the buttocks of the United States. If you want to surpass the United States, you can't even think about it.
Various sanctions and restrictions of the United States are constantly hitting China. China, which is unwilling to be bullied and surrenders, will naturally fight back.
We have also begun to restrict the export of some key rare strategic materials to the United States. These rare strategic materials are not only rare earths, but involve many fields.
What makes the American military giant Loma feel uncomfortable this time is a Chinese company called Yi'an Technology, which has liquid metal processing technology, which is unique in the world and has always been the supplier of Loma.
After the implementation of the equivalent countermeasures, Yi'an's liquid metal material was included in the export restriction list. As a responsible Chinese technology company, it is necessary to support the national measures. As a result, Loma can no longer buy the liquid metal of this Chinese company.
At the beginning, Loma didn't care. It was just a kind of metal material, and there were plenty of inventory. Even if it's used up, won't it solve the problem if you just find another one? You don't have to hang yourself in this company.
The ideal is very full, and the reality is also very skinny. When this liquid metal material was about to run out, Loma began to look for alternative companies all over the world to produce this material for it, but not one could find it! Because except for this Chinese company, other companies in the world can't produce this thing at all, and there are not even substitutes with similar performance!
Now, Loma was in a hurry and put the idea on Yi'an Technology Company. Loma Company put down its figure and sent a letter to Yi'an Company, describing the small grievances in his heart, saying that he used the material of Yi'an Company, and the products he produced were not at the weapon level. Please ask Yi'an Technology to raise your hand and supply some materials.
This letter from Loma Company was not actually written in the name of Loma, but was made through a company called RMS Company to avoid China's export restrictions.
This letter is written to Dongguan Yihao Metal Materials Technology Co., Ltd., a subsidiary of Yi'an Technology.
Of course, we are not fools. With a look, the little tricks of the Loma company showed their original shape. Naturally, the request of this intermediary company was strictly rejected.
This happened in September 2021, when the trade war between China and the United States and the scientific and technological war was in full swing. The rejection of Chinese companies has undoubtedly made Loma extremely uncomfortable.
This example also shows that we are not without any countermeasures against the sanctions of the United States in the high-tech field. As long as we support the development of high-end technology companies with independent intellectual property rights, we can not only break through the sanctions of the United States to a certain extent, but also impose sanctions on the United States.
Although this kind of counterattack may not hurt the United States, it can let Americans know that we are not without the power to fight back.
https://baijiahao.baidu.com/s?id=1767063453511418989&wfr=spider&for=pc&searchword=%E4%BA%BF%E5%AE%89%E7%A7%91%E6%8A%80%E6%97%97%E4%B8%8B%E4%B8%9C%E8%8E%9E%E4%BA%BF%E8%B1%AA%E9%87%91%E5%B1%9E%E6%9D%90%E6%96%99%E7%9A%84%E7%94%9F%E4%BA%A7%E5%8D%A1%E4%BD%8F%E4%BA%86%E7%BE%8E%E5%9B%BD%E6%B4%9B%E9%A9%AC%E7%9A%84%E8%84%96%E5%AD%90%E3%80%82%E8%BF%99%E6%98%AF%E4%B8%AD%E7%BE%8E%E8%B4%B8%E6%98%93%E6%88%98%E4%B8%AD
Q&A from 2016…
Yi'an Technology: Liquid Metal Technology Seminar
Category: Corporate Research Institution: Zhongtai Securities Co., Ltd. Researcher: Zhongtai Securities Research Institute Date: 2016-04-20
Q: Now that CNC is very mature and capable of large-scale production, what is the difference between large-scale production of liquid metal and production of line parts?
A: It depends on what you are comparing with. If compared with ordinary stretched products, liquid metal is absolutely expensive, because the material of liquid metal is about 200 dollars a kilo. When we die-cast liquid metal, almost 90% of the finished products can be made. So compared to expensive labor, mass production in this area is much cheaper. We make a box by ourselves. If it is not complicated, we have more than one hundred RMB. If it's more complicated, it's less than two hundred dollars. If you consider the liquid metal from the beginning of the design, the cost will be more advantageous than the current aluminum alloy.
Q: Is there a difference in consistency between small batch production and mass production later?
A: It can be said that there is almost no difference, because we are relying on molds to produce. Our die life is considered to be 30,000 to 40,000, and the appearance of the three or four thousand is almost the same, of course, some parts of the small part of the parts, We may need post-processing, such as grinding. However, they are basically accurate and reproducible. We like to compare the liquid metal and powder metallurgy, powder metallurgy will probably have a shrinkage of 22% to 24%, and the lateral shrinkage and the vertical shrinkage are not the same, the shrinkage of the liquid metal is somewhat different, about 1000 2.5 to 3.5 parts per thousand is very controllable, so the reproducibility of liquid metal is very good.
Q: Our technology is very advanced at present, but from the perspective of promotion, it is a difficulty that needs to be overcome. How can this problem be solved in the future?
A: Last year we started to promote small products. Now we are starting to promote some of the larger products. This mainly involves the process of customer recognition. It has been developing well so far. When it comes to the promotion of large-scale products, there is no A certain point in time, but we are now operating at a higher rate.
Q: The cooperation between Yi'an and the Chinese Academy of Sciences and liquidmetal actually puts some of the liquid metal-related intellectual property rights in the hands of material costs, materials technology and equipment. At present, the relative status is relatively high, but it still faces some technical competition. What is the overall strategy for intellectual property?
A: Liquidmetal has about 128 patents on the side. The 128 patents protect almost all formulas or similar formulas that can be expected. Therefore, others cannot sell liquid metal to the United States. They must have liquid metal authorization. Just because liquidmetal itself has sufficient protection for intellectual property.
Q: Yi'an did not position itself as a production-oriented enterprise. Rather, it was a kind of integration of resources, linking technology and industry to the level of liquid metal. In the future, the company wanted to be a production-oriented enterprise. In the past, do a resource-integrated enterprise?
A: In the production-oriented enterprises, Yi'an is a very small company. Small companies like Apple and Samsung do not divide the market into our hands. We don't have enough machines to produce, and we don't have enough capacity to manage. A lot of machines, so we are looking for partners to do products together, we teach you how to do it, tell you the recipes, tell you about machinery, equipment, materials, etc., Yian only has a dozen or twenty machines, YiAn as a demonstration Units communicate with each other through familiar companies such as Apple and Samsung.
Q: At present, the mobile phone frame cannot be completely replaced with liquid metal. What is the company's expectation of infiltration of this kind of product?
A: At present, only we can make liquid metal mobile phone borders, but a slightly better mobile phone brand can't find a single supplier, we need to shop around, and our current size is still too small to carry such a huge market. So we are actively promoting other companies to develop liquid metal products, because we have a limited scale, so we hope to make it a plate, an industrial chain, there are twenty to thirty companies to promote its development, from raw materials, machines Equipment, processing, and application, if only relying on Yi'an Technology, will go very slowly and require the joint efforts of everyone;
Q: During the long-term research of new materials, we discovered that if there is a special application direction for new materials, it will develop faster. This situation generally has two characteristics. First, after its use, its overall cost will drop a lot, so that downstream companies will have a strong driving force. The other is that the entire market must be large enough. At present, everyone's concern is in the mobile phone casing, but I think that liquid metal does not have much comprehensive cost advantage in comparison with aluminum alloy (the current iPhone's shell material) in the mobile phone casing, so in addition to the mobile phone casing field, there are Are there other fields that meet the above two characteristics?
A: Actually, apart from the two points you mentioned just now, one of the more special features of mobile phones is that Jobs pushed liquid metal before he died, but it was not really successful (only the pin used was liquid metal). If the liquid metal phone case can be made, then there is a clear advertising effect in the field of application of Apple, a gimmick (the use of new materials will often become a new selling point for mobile phone products). At present, consumer electronics can make liquid metal grow fastest. First, because of its large number and wide demand, and second, the existence of Jobs and Apple's mobile phone makes this market full of star effects, so when a mobile phone shell is produced, there will be a market effect in one or two years. Even if the price is expensive, the consumer electronics market can accept it. Taking Xiaomi as an example, Xiaomi 4 talked about the story of a stainless steel tour at the product launch event and became its main selling point at that time. The cost of millet 4 stainless steel has just started to be 250, and has been reduced to 200 after continuous improvement and mass production.
And my liquid metal shell only 180 dollars, after the price will be lower, compared with stainless steel 304, whether it is price or forcing, liquid metal shell is undoubtedly in a leading position. In addition, in the field of mobile phone housings, the strength of liquid metal is higher than its use value. The high strength of aluminum alloy is only 400pa, and the liquid metal is also as low as 1000pa. Therefore, it is not necessary to use such advanced materials as liquid metal. I have never put consumer electronics on the top of the list of liquid metal applications. My personal focus is on the automotive side, including automotive shafts, fasteners, locks, etc. This is no less than consumer electronics.
Q: I am a company with on-board display. Considering that our car displays will grow bigger and bigger in the future, when will liquid metal frames with more than 10 inches display be made?
A: We should be able to do it, but liquid metal has a very low price/performance ratio for on-board displays. Liquid metal is a selling point for mobile phones, but it is not for on-board displays. It is difficult for you to pay for this premium. A small box for a mobile phone costs 180 yuan, but the box on a car display screen costs 1,000 yuan. Not only is the price too expensive, consumers are reluctant to pay, and even if the cost is lowered later, the value of liquid metal to the value of the on-board display is also increased. Very limited
Q: The domestic patent environment is still rather harsh. How are we laying out patents in the country? How many?
Liquid metal itself has a huge patent pool. How to achieve effective docking?
A: We have only a dozen or so amorphous patents in China. However, our patents can be used out. Other companies have heard that there are 70 to 80, but their patents are not easy to use. And our domestic patent is even better than Liquid metal. We have a patent that can produce antibacterial effect after adding appropriate amount of silver in liquid metal. Basically 99% of E. coli can be eliminated in wearable equipment, medical treatment and electronics. The field has broad prospects. Liquid metal has been making liquid metal for more than 20 years, and has more than 120 patented technologies in foreign countries, covering all aspects of mobile phone housings. Joining Liquid Metal can guarantee that we will be in a superior position in foreign intellectual property litigation in the future;
Q: YiAn Technology has more than 20 devices, but it cannot meet the needs of some large 3C manufacturers. Soon the equipment is the bottleneck of industrial development?
A: No, at present, we have already found three cooperative companies for materials and equipment manufacturing companies. If everyone pushes forward together, the bottleneck is not a problem. Because Yi'an Technology is a research and development company, there is no advantage in equipment production. In the future, we will jointly set up a joint venture company with related materials and equipment manufacturing companies. We will control the company's shareholding, grant intellectual property, and sell it to everyone to jointly expand this market.
Question: The biggest characteristic of liquid metal is its high strength and high hardness. This feature is a waste of mobile phone casings. It should actually be used in applications where space is limited but where bearing capacity requirements are relatively high. However, current mechanical designers do not understand this material. We need to introduce some similar standards and production manuals. Do we have plans in this area?
A: Lqmetal has set industry standards in the United States, so we need to do the same in China. At present, the development of industry standards still needs at least one year. We are constantly promoting this. This is very necessary, and it is an entirely new way for us to grasp the initiative in the development of the industry.
Q: To vigorously promote the marketization of liquid metal, we must find many partners, but there will be technical risks, how to protect the company's intellectual property?
A: Actually, it is difficult to protect intellectual property in China. On the one hand, we must promote this matter because the development of liquid metal requires the entire industry chain as a support (only one can produce hard-to-market, hard-to-make money). On the other hand, , As the first liquid metal manufacturer in China that can produce mobile phone cases, we have this sense of mission to cultivate it. If it succeeds later, this will be a highlight in the development history of the entire liquid metal industry. It is not just money that can be measured. Q: Please tell us about the phase change process. A: For example, glass is neither too nor solid, glass is glassy, ??and the phase change will take a long time. For the same reason, if the amorphous alloy is applied more than 300 degrees, it will change, and the phase will not necessarily change, but the shape will certainly change and the mechanical characteristics will change.
Q: Just mentioned injection molding, injection molding is generally applied in the plastic field, what is the difference with die casting?
A: It is really a die-casting process, but because it cannot be called die-casting, it is called injection molding.
Q: With respect to consumer electronics products, consumers are looking for a thin, but zirconium-based liquid metal is heavier than other similar products in terms of weight. How to solve this problem in the future?
A: I use the door axis of the car as an example. A door has two axes, about 400-500 grams per axis. We can't use amorphous materials yet. Let's explore feasibility first. The strength of the amorphous alloy is about 2.5 times that of the high-strength steel, and the amorphous proportion is about 6.5, the iron is 7.8, and the weight is 20%. Taken together, it means that 1/3 volume of amorphous can replace 1 volume of high strength steel. 4 kg of 4 doors, plus 6 kg at the front of the car, can theoretically reduce 4 kg. Because the strength of its unit is much stronger than other varieties, this is the basis for weight loss.
Q: What about consumer electronics products such as mobile phones?
Answer: The reason is the same. We are now making 0.8mm, but 0.3mm is enough. If we do it thin enough, we have enough strength.
Q: We know that there are many times when some good materials are applied on a large scale, depending on the cost of the materials themselves due to economies of scale. The company promotes the liquid metal in large scale nationwide and globally. This idea is very good, but when will it become a reality?
A: This is our intention. It is also an important idea for us to acquire LQMT because it has a close relationship with Apple. Both parties share a research and development team. Apple did not use liquid metal before because no one made it. Now we have made it. We must discuss with them before the end of this year. Of course, it is expected that it will strongly demand that the company's products can only be supplied to it. I have reservations. Because there are already many excellent mobile phone manufacturers in China, they will not buy out to Apple or any other mobile phone manufacturers. However, we will soon talk to Apple and we may not be able to reach cooperation because the differences are still quite large.
Q: After the large-scale promotion of this industry, there may be problems with the upgrading of materials. The next generation or the next generation will emerge and be replaced with other new materials. Will this hinder the determination of large-scale investment in the industry?
A: This is a relatively macro topic, but I personally think that at the beginning of the outbreak, there will be no large-scale purchases. There will be only a small amount of purchases at the beginning, and after the maturity of research and development will continue to increase, so the risk will not be great. .
Q: The biggest promotion area for liquid metal in the future is the automobile?
Answer: The application in the automotive field takes two or three years. We are fortunate to have a T-precision car company that began to cite our products last year. This company is more interesting. It The products are both automotive and consumer electronics. The consumer electronics field has a benefit, and it has a higher degree of acceptance of new things.
Q: Are companies in the military industry involvede?
A: Because I am a Hong Kong person, I don't have easy access to the military. I can find a metal company and they have a lot of relevant experience.
Q: Currently, there are three main directions for the liquid metal technology reserve. The first one is the band shape. This is already mature. The second is the bulk amorphous material we are currently making, and the other is the powder. One of the directions for powder applications is 3D printing. Can you tell us about this?
A: There are two uses of powder, one is a surface coating, with wear, corrosion and other functions, there is a 3D printing. We have a company, Liaoning Jinyan Liquid Metal Technology Co., Ltd., which accounts for 70% of the company and 30% of the Institute of Metals of the Chinese Academy of Sciences. Liaoning Liquid Metal has a subsidiary called Shenyang Jinyan New Material Preparation Technology Co., Ltd., which is engaged in 3D printing from powder production to final product preparation, but has not yet been promoted. We recently received 3 million yuan from the Guangdong Provincial Government to fund scientific research in this area. The real application will probably be early next year. We will focus on materials, supply powder to customers, we will not do printing, and the technical content is too low.
Q: Is it a liquid metal powder?
Will the characteristics of amorphous alloys be maintained during 3D printing?
A: It is also done, and the performance in terms of strength is still excellent. In 3D printing, we use special cooling methods to meet the forming conditions, so the printed material is still liquid metal, which is also the difference between us and ordinary 3D printing.
https://m.gsmarena.com/huawei_watch_ultimate_specifications_price_availability-news-57983.php
“Global pricing will be announced at a later stage.”
I guess we wait on apple
The curtain has been pulled back:)
Secretary Dong, please give feedback on the progress of magnesium bone nail and Zhuzhou 6100t die-casting machine!
ccninfo798665· 2023-02-02· Source Website
Yi'an Technology Pay attention to 2023-02-02
Hello! Thank you for your interest in the company. The company's magnesium bone nail clinic is coming to an end, and the 6100T die-casting machine has been installed and debugged. Thank you!
http://irm.cninfo.com.cn/ircs/question/questionDetail?questionId=1379479785258041344
That’s fantastic…this was strictly created for easy links it’s a great site to use.
Changying midframe materials 2016
https://www.cmpe360.com/p/29308
Changying Precision: The value space of metal middle frame in the 5G era will be significantly improved.
Author ab
DECEMBER 1, 2016
Changying Precision: The value space of metal middle frame in the 5G era will be significantly improved.
With the approach of the 5G era, companies in the industry have laid out relevant nodes in the industrial chain. The relevant person in charge of Changying Precision said that he was optimistic about the advantages of the industrial nodes of metal middle frames. In the process of the industrial development of "metal shell + metal middle frame" to "metal middle frame + double-sided glass" in the industry, 7 series aluminum, stainless steel and even titanium alloys will need higher processing technology barriers and higher value metal middle frames. In order to maintain the strength of the fuselage and support for the large screen, this will significantly improve the value space of the metal middle frame industry. At the same time, because it will take some time for the arrival of the 5G era, the company will patiently do a good job in traditional business while actively grasping the new trend of metal frames.
The middle frame is not a border, and the value space will be improved.
Changying Precision: The value space of metal middle frame in the 5G era will be significantly improved.
Since the market has paid attention to the design scheme of 3D glass or ceramic back cover + metal middle frame, it has begun to worry about the future of the metal housing market. In the general understanding of investors, the middle frame is the rectangular frame of the mobile phone case, and the materials and processing time used will be less than that of metal housing products. In fact, the middle frame is not a simple quadrilateral frame. The middle frame supports and carries core components for the whole mobile phone. There are many different requirements from strength to structure and heat dissipation.
For example, in the figure below, in addition to the metal frame in the exterior part, there are also a large number of complex internal structures, and the processing difficulty and time even exceed those of ordinary metal enclosures. At present, the value of the metal enclosure of mid-range smartphones is generally 120-150 yuan, while the value of metal middle-frame components with aluminum alloy is about 150-180 yuan, and the value of metal middle-frame components with stainless steel is more than 200 yuan. The industrial trend of new material back cover + metal middle frame will highlight the value space of metal middle frame products.
Changying Precision: The value space of metal middle frame in the 5G era will be significantly improved.
Metal medium frame + double-sided glass may become a new opportunity
Changying Precision: The value space of metal middle frame in the 5G era will be significantly improved.With the advent of the 5G era, metal middle frame + double-sided glass may become a mainstream design scheme, which will significantly increase the demand for metal processing. Changying Precision said that with higher technical threshold and rich processing experience, the company's gross profit margin and market share of metal parts are expected to increase. New materials in the appearance of concern in the market include 3D glass, ceramics, sapphire, etc. Although 3D glass, ceramics, sapphire and other materials have good anti-interference and cater to the trend of new transmission methods such as wireless charging and 5G, the relatively brittle physical characteristics make the yield of holes and holes in materials very low, and it is very unlikely to be used as a middle frame component of mobile phones with various interfaces. Zirconia ceramic materials are difficult to process, the product price is extremely high, and the batch price is more than 700 yuan or higher. It can only be a niche product and difficult to become the mainstream. If glass is used as the front and rear panel of the mobile phone, you need to use harder metals such as 7 series aluminum, stainless steel and even titanium alloy to maintain the strength of the fuselage and support for the large screen. There are higher technical barriers to the processing of high-hardness metals. The product design and process complexity are increased, and the processing time is longer, which improves the added value of the middle frame. Changying Precision said that with its rich experience in mass production of high-hardness metal processing, the company is expected to give full play to its advantages to improve the gross profit margin of metal parts and strive for higher market share.
The 5G era still needs to wait patiently.
Changying Precision: The value space of metal middle frame in the 5G era will be significantly improved.
Recently, some industry companies said that because the base station antennas in the 5G era may be arranged in arrays, the antenna form of mobile phones and other terminals is still under research and development, but due to space constraints, it is unlikely to use array placement. The exterior design scheme of metal middle frame + double glass is a definite option. The integrated metal rear shell may be upgraded to a new form of low-cost form such as an integrated metal non-metallic composite rear shell, or a multi-seam metal rear shell. Plastic and ceramic rear housing are also options. Therefore, in the 5G era, the metal middle frame of the mobile phone will be the mainstream, and the rear shell will appear in many forms such as metal non-metallic composite rear shell and non-metallic rear shell. In this regard, industry analysts believe that although the concept of 5G has become a hot spot in the market, it will take time and repeated demonstration to improve the theory of relevant technologies to truly popularize their application. According to the current known parameter configuration of iPhone 8 and Huawei Mate9, it can be seen that the shells of these two new products are still made of metal. The time for the full popularity of 5G networks nationwide in China is leading technology is uncertain. 5G standards have not yet been issued, and global popularization requires more long-term patience. At the same time, 3D glass, ceramics, sapphire and other new materials need a certain growth process from technology to productivity and mass production scale. Within three to five years, metal shell + metal middle frame is still the mainstream trend in the smartphone industry. While patiently waiting and laying out the 5G era, Changying Precision will actively carry out traditional business, and seize the opportunity to develop the advantages of the metal middle frame industry in the process of technological upgrading.
In addition, Changying said that it is very concerned about the ceramic appearance market and has been developing the grinding process of zirconia ceramics. If there is a large-scale market demand, the company can also respond quickly and keep up in time.
Source: Shanghai Securities News · China Securities Network
Attention, friends in the mobile phone case processing industry chain! If you are engaged in the mobile 3D glass industry, you might as well join the mobile 3D glass industry chain communication group. Please press the QR code to add the editor's WeChat: aibanggaofenzi004 and note "3D glass"
https://mp.weixin.qq.com/s?__biz=MzA3Njk4NTgyMA==&mid=2651748143&idx=1&sn=c10c436c3c52ff27ca959647d64e6d01&chksm=84a2339cb3d5ba8ad9a7df3610b8b0f5e7acd7fa8d3f14143dc26e0a40a1512fe50d11c505a2&scene=27
2) Aluminum-based and magnesium-based liquid metals have been used in lightweight materials, especially aerospace. With the development of lightening of automobiles, high-speed rail transit and aerospace technology, researchers have begun to focus on the research of high-strength and low-density materials: aluminum-based liquid metals are stronger than steel, but the density is less than 40% of steel; the compressive strength of magnesium-based liquid metals can reach 900~1200MP. a, the density is less than 25% of that of steel.
I thought I saw some ppl talking about shorts in herr, it ain’t even close to summer slacks will be needed for now!
Stock Code: 002182 Stock Abbreviation: Yunhai Metal Announcement No.: 2022-18
Nanjing Yunhai Special Metals Co., Ltd. Announcement on the Expectation of Daily Related Party Transactions in 2022
The Company and all members of the Board of Directors warrant that the contents of the announcement are true, accurate and complete, and that there are no false records, misleading statements or major omissions.
I. Basic information on daily related transactions
Nanjing Yunhai Special Metals Co., Ltd. (hereinafter referred to as the "Company" or "Yunhai Metal") and its holding subsidiaries are expected to cooperate with the shareholding subsidiary Chaohu Yian Yunhai Technology Co., Ltd. (hereinafter referred to as "Yian Yunhai" in 2022 due to daily production and operation needs. ”), the company’s shareholder Baosteel Metal Co., Ltd. and its subsidiaries (hereinafter referred to as “Baosteel Metal”) have daily related transactions involving the purchase of raw materials, products or sales of products from related parties.
The 7th meeting of the 6th Board of Directors of the Company reviewed and approved the "Proposal on Daily Connected Transactions in 2022", which still needs to be submitted to the 2021 Annual General Meeting for consideration.
Regarding the proposal of this connected transaction, the independent directors of the company issued a pre-audit opinion expressing their agreement to submit it to the board of directors for deliberation, and expressed the independent director's opinion.
The estimated total amount of the above-mentioned daily connected transactions in 2022 is RMB 1,530 million, and the actual amount of daily connected transactions in 2021 is RMB 1,359,443,700.
2. Routine related transactions in 2021 Actual occurrence of daily related transactions in 2021
Unit: 10,000 yuan
For details, please refer to "Yunhai Metal: Announcement on Routine Connected Transactions in 2021" on http://www.cninfo.com.cn on April 21, 2021
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Estimated amount
Disclosure date and index
Related party transactions
Procurement of raw materials from related parties
Yian Purchasing
1,699.85
10,000
0.26%
-83.00%
sea ??of ??clouds
product
Baosteel
metal purchase
and customs
liaison material
manage
Subtotal
Yian sells Yunhai products
Baosteel
130,903.64
190,000
19.75%
-31.10%
For details, please refer to "Yunhai Metal: Announcement on Routine Connected Transactions in 2021" on http://www.cninfo.com.cn on April 21, 2021
For details, please refer to "Yunhai Metal: Announcement on Routine Connected Transactions in 2021" on http://www.cninfo.com.cn on April 21, 2021. For details, please refer to "Yunhai Metal: Announcement on Routine Connected Transactions in 2021" on http://www.cninfo.com.cn on April 21, 2021
Sell ??products and merchandise to affiliates
metal sales
132,603.49 200,000 20.01% -33.70%
3,188.06 10,000 0.39% -68.12%
152.83 5,000 0.02% -96.94%
3,340.89 15,000 0.41% -77.73%
and related products
manage
Subtotal
The company's board of directors
Related party transactions actually occurred
Situation is more than expected
Description of large differences (eg
Be applicable)
1. The actual amount of products sold to related parties is less than 80% of the estimated amount. The main reasons are: the decline in the business volume of the related parties, which led to the decline of the company's sales of products to related parties compared with the estimated amount; 2. The actual amount of purchases from related parties is less than the estimated amount by 80% % Main reasons: The supply of raw materials by related parties is insufficient than expected; the demand for raw materials or products purchased by the company decreases.
The independent director of the company
Frequently connected transactions actually issued
Situation and Expected Existence
Explanation of major differences
(if applicable)
After verification, the company's actual daily connected transaction amount in 2021 is different from the estimated value. The reasons are reasonable, and there is no violation of relevant systems and approval procedures, and there is no behavior that damages the interests of the company and shareholders.
3. Prediction of daily connected transactions in 2022
Related party transactions
Related party transaction content
Related party transactions Pricing principles
Contract signing amount or estimated amount
Amount incurred as of the disclosure date
Amount incurred in the previous year
related person
Procurement of raw materials from related parties
Baosteel Metals and Purchased Materials Related Companies Materials
Subtotal
Yi'an Sea of ??Clouds
buy product
market price market price
3,000
140,000
143,000
542.51
28,875.54
29,418.05
Unit: 10,000 yuan
1,699.85
130,903.64
132,603.49
Yi'an Yunhai sells products
market price market price
5,000
5,000
10,000
1,382.40
201.17
1,583.57
3,188.06
152.83
3,340.89
to associates
Sales Products, Baosteel Metals and Sales Products
Product Affiliate Product
Subtotal
4. Basic information of related parties
(1) Chaohu Yian Yunhai Technology Co., Ltd.
1. Basic situation
Name: Chaohu Yian Yunhai Technology Co., Ltd.
Registered capital: 370 million yuan
Legal representative: Tang Tie Zhuang
Address: Zhuke Village Committee, Xiage Town, Chaohu City, Hefei
Date of establishment: March 16, 2015 Business scope: research and development of new alloy materials; production and sales of magnesium alloy and aluminum alloy light alloy precision die castings.
(For projects subject to approval according to law, business activities can only be carried out after approval by relevant departments) 2. Affiliate relationship
The company holds a 40% stake in Chaohu Yian Yunhai Technology Co., Ltd. and is a shareholder. The connected relationship complies with the conditions stipulated in Article 10.1.3 (3) and (5) of the Rules Governing the Listing of Stocks on the Shenzhen Stock Exchange.
3. Analysis of contract performance capability
The main financial data of Yian Yunhai in 2021 are as follows (unaudited): 2021 operating income is 111,185,800 yuan;
Net profit in 2021 - RMB 21.9562 million
As of December 31, 2021, the total assets were 502,332,500 yuan; as of December 31, 2021, the net assets were 295,245,000 yuan. Chaohu Yian Yunhai Technology Co., Ltd. has good assets and operations. Chaohu Yian Yunhai Technology Co., Ltd. is not a dishonest executor.
(2) Baosteel Metal Co., Ltd. 1. Basic information
Name: Baosteel Metal Co., Ltd.
Registered address: No. 3962, Yunchuan Road, Baoshan District, Shanghai
Legal representative: Wang Qiangmin
Registered capital: RMB 4,054,990,084 Unified social credit code: 913101131322330413 Type of enterprise: limited liability company (wholly state-owned) Business scope: engaged in import and export of goods and technology; establishment of enterprises and related consulting services
(except brokers); real estate management, property management and supporting services within the scope of the transferred land use right; sales of metal materials, auto parts, machinery and equipment; manufacturing of metal materials, auto parts, machinery and equipment; production and sales of steel products; construction steel Technology development, technology transfer, technical service, and technical consultation in the application field; technology development in the fields of photovoltaic, solar thermal, photovoltaic, wind energy, bioenergy, clean energy, carbon fiber, and new energy storage materials technology; industrial investment; entrepreneurship Investment; sales of chemical raw materials and products (except hazardous chemicals, monitoring chemicals, fireworks, civil explosives, precursor chemicals); food distribution; general contracting of environmental pollution control projects; cleaning services; environmental protection equipment and related fields Design and sales of automation control systems; engage in technology development, technology transfer, technical services, and technical consultation in the field of environmental pollution control and related information technology; engage in technology development and technical consultation in the field of food and beverage; compressed gas and liquefied gas: non-flammable The above gases do not include highly toxic, specific types of hazardous chemicals. Involving a special license to operate with a license. Dangerous chemicals are not allowed to be stored in the above-mentioned business premises; mechanical equipment rental. (Projects subject to approval according to law can only carry out business activities after being approved by relevant departments)
2. Relationship
Baosteel Metal holds a 14% stake in Yunhai Metal and is a shareholder of the company. The related relationship complies with the conditions stipulated in Article 10.1.3 (4) and (5) of the Rules Governing the Listing of Stocks on the Shenzhen Stock Exchange.
3. Analysis of contract performance capability
The main unaudited financial data of Baosteel Metal in 2021 are as follows:
The operating income in 2021 is 13,179,909,332.47 yuan;
The net profit attributable to owners of the parent company in 2021 is 420,117,020.28 yuan; as of December 31, 2021, the total assets are 18,247,575,449.84 yuan; as of December 31, 2021, the net assets are 9,400,761,156.09 yuan.
Baosteel Metal Co., Ltd. has good assets and operations.
Baosteel Metal Co., Ltd. is not a dishonest person subject to execution.
V. Pricing Policy and Pricing Basis for Related Party Transactions
The related party transactions between the company and its subsidiaries and related parties are based on the fair pricing principle based on market prices. Acts that harm the interests of the company and other shareholders.
6. Purpose of the related transaction and its impact on the listed company
The company's expected daily connected transactions in 2022 are all normal operating activities, which are conducive to the company's business development. The company is independent from related parties in terms of business, personnel, finance, assets, institutions, etc., and related transactions will not affect the independence of the company and its subsidiaries. The above-mentioned related transactions account for a small proportion of similar transactions and will not cause the company to rely on related parties.
7. Signing of the related party transaction agreement
The related-party transactions between the company and its subsidiaries and Yi'an Yunhai and Baosteel Metals are carried out in the form of orders or small-value contracts according to each purchase demand for related products in accordance with the framework agreement model. In 2022, a framework agreement has not been signed for the connected transactions between the company and its subsidiaries, Yian Yunhai and Baosteel Metal, and will be signed after the approval of the general meeting of shareholders.
8. Prior approval of independent directors and independent opinions expressed
Regarding the proposal of this connected transaction, the independent directors of the company issued a pre-audit opinion expressing their agreement to submit it to the board of directors for deliberation, and issued the independent director's opinion: the company and its subsidiaries and Chaohu Yian Yunhai Technology Co., Ltd., Baosteel Metal Co., Ltd. and their affiliates The day-to-day sales (purchasing) business incurred by the company is due to the normal production and operation needs of the company. The pricing of related transactions is based on the principle of marketization, which fully reflects the principle of fairness and fairness, and will not cause adverse effects on listed companies and small and medium investors. and losses. The procedures for deliberating and voting on the proposal by the board of directors of the company are legal and valid. We agree to this connected transaction and submit it to the company's 2021 annual general meeting for consideration.
9. Documents available for inspection
1. Resolutions of the seventh meeting of the sixth board of directors;
2. Independent directors' pre-audit opinions on daily connected transactions in 2022, and independent directors' independent opinions on related matters;
Special announcement.
Nanjing Yunhai Special Metals Co., Ltd. Board of Directors
March 16, 2022
http://static.cninfo.com.cn/finalpage/2022-03-16/1212578454.PDF
Interesting
300 shares…looks as though someone got caught with their hand in the cookie jar! Slap!!
Interesting theory…we will have to wait and see, glasses about 2-4 weeks away from mass production
Indeed, will the top come off….??!!
Stock code: 300328 Stock abbreviation: Yi'an Technology
Dongguan Yi'an Technology Co., Ltd. Investor Relations Activity Record Form
Number: 202202-001
Investor Relations Activities Category
?Specific object research ?Media interview ?Press conference ?Site visit
?Analyst meeting ?Performance briefing ?Roadshow vOthers :Teleconference
Participating unit name and personnel name
Guosen Securities Research Institute Hu Jian, Li Zipeng Founder Securities Research Institute Wang Yu
China Pacific Insurance Wang Jing Hongta Red Earth Fund Yang Xingfeng Far East Horizon Fund Wang Kun
Chinese Business Fund Lv Chunyu
Bosera Fund Wang Yuanzheng
time
25 February 2022 16:00-17:00 28 February 2022 16:00-17:00
Place --
Listed company receptionist name
Mr. Liu Chong, Secretary of the Board of Directors, Mr. Zeng Chaohui, Sales Director
Investor Relations Activities
Main content introduction
1. Mr. Zeng Chaohui, sales director, introduced the company's large-scale precision die-casting applications
The company is one of the earliest companies in the world to deploy large-scale aluminum and magnesium alloy die-casting equipment. Since its establishment in 1993, it has accumulated nearly 30 years of technology in the precision die-casting industry. The company and its subsidiaries have 4200T, 3500T, 2700T and 1600T and other large-scale vacuum die-casting equipment, and the company has purchased 6100T large-scale die-casting equipment, which can meet the production needs of large-scale precision die-casting integrated products of different specifications.
The company vigorously develops large-scale precision die-casting, which is in line with the national sustainable development and green development strategy. With the increasing pressure on energy conservation and emission reduction in various countries in the world, countries have formulated strict standards and regulations on the fuel consumption of passenger vehicles, and put forward more and more strict requirements on the fuel consumption of passenger vehicles and the corresponding CO2 emissions. , the world's major car manufacturers are trying to reduce the body weight to reduce fuel consumption without compromising performance and safety. Especially since the outbreak of the new energy vehicle market, major new energy vehicle manufacturers have done everything possible to increase the cruising range, and the lightweight of the car is one of the important means to increase the cruising range. In terms of reducing the weight of automobiles, in addition to the application of new materials, the manufacturing process of automobile parts has also begun to play an increasingly important role. one of the important directions.
The company's large-scale die-casting is to integrally form multiple traditional components through large-scale precision die-casting at one time. While reducing the subsequent processing steps, the requirements of product weight reduction and shock absorption are achieved. By combining the company's leading magnesium and aluminum alloy material technology with advanced integrated die-casting technology, the company has developed new energy vehicle motors, electronic controls, battery packs, instrument panel brackets, central control systems, transmission systems, car doors, etc. The product has achieved overall integrated application, and has become a qualified supplier of auto parts for many auto manufacturers.
The company has a complete industrial chain integrating material research and development, precision mold development, precision die casting, CNC finishing, and surface treatment, and can provide customers with one-stop services and optimal solutions.
2. Mr. Liu Chong, Secretary of the Board of Directors, introduced the development and application of the company's liquid metal products
Liquid metal, also known as amorphous alloy, is a combination of glass, metal, solid and liquid properties.
of new metal materials. Due to the absence of defects such as dislocations, stacking faults, and grain boundaries, amorphous alloys exhibit special mechanical properties, and their flexural strength, tensile strength, and elastic deformation are superior to those of commonly used materials. Due to the excellent physical and chemical properties of liquid metal materials and a wide range of application scenarios, liquid metal is gradually being used in consumer electronics, new energy vehicle products, medical equipment, etc., and has begun to be used in intelligent manufacturing, high-end sports equipment, musical instruments and aerospace Shows broad application prospects.
In addition to the above-mentioned excellent material properties, the processing characteristics of liquid metal are also better than those of traditional processing methods.
The company began to focus on liquid metal research and development and industrialization more than 10 years ago. It has independent intellectual property rights in liquid metal components, forming technology and equipment, and has the largest zirconium-based liquid metal production line in China. The liquid metal products produced by the company have been It has been applied in batches in folding screen mobile phone hinge structural parts, mobile phone optical brackets, car door locks, acoustics and other products. The company is also the only company in the world that uses liquid metal in the automotive industry, and the company's liquid metal locks are exclusively supplied to Tesla. In recent years, the company has seized the favorable market opportunities and actively deployed the folding screen mobile phone hinge market. The zirconium-based liquid metal folding screen mobile phone hinge structure can meet the requirements of the strength and precision of the hinge supporting the folding screen mobile phone under the condition of small thickness. At the same time, due to the excellent elastic deformation ability of liquid metal itself, the fatigue performance of the product is much better than that of other materials. It has more advantages in terms of degree and aesthetics.
In addition to in-depth cooperation with mobile phone brands in hinge structural parts, the company has also entered into in-depth exploration of medical equipment, robot gear washer fasteners, smart watches, golf heads and other products.
3. Interactive communication (1) What products does the company's overall integrated die casting have, and what are the specific cooperative customers?
A: The company is currently implementing overall integrated applications in new energy vehicle motors, electronic controls, battery packs, instrument panels, steering systems, and car doors. At present, it has cooperated with many well-known international and domestic vehicle manufacturers such as Tesla, BYD, Geely, Great Wall, and GM.
And it has also entered the supply chain of many well-known automotive TIER1 such as Harman, Faurecia, Continental, Bosch and so on.
(2) The proportion of the company's auto products? What kind of materials are mainly used, and the impact of rising raw material prices on the company?
Answer: The company's automobile products account for more than 50% of its main revenue, and most of the raw materials for lightweight automobile production are magnesium alloys. As the price of raw materials rises, the company will also adjust prices to customers in a timely manner.
(3) What is the production of Yunhai in Yi’an, Chaohu Lake and the second phase of production? Are there any plans to expand production in the future?
A: The second phase of Chaohu Yian Yunhai has been put into operation one after another. At present, the company's production capacity has been greatly improved. The previous customers have begun to increase the volume one after another. In the follow-up, machines and equipment will be gradually increased according to customer needs.
(4) What are the main products of the company's 6100T die-casting machine, and what are the customer groups it serves?
Answer: The company's 6100T die-casting machine mainly produces large structural parts for new energy vehicles, such as motors, electronic controls, battery pack casings, instrument panel brackets, central control systems, and transmission systems. The future service customers are also mainly new energy vehicle manufacturers.
(5) What are the company's Liquid Metal competitors and profit margins?
A: At present, the liquid metal market has not yet formed a completely competitive pattern, and there are very few companies that can achieve industrialized production. This is why the company has been constantly looking for and cultivating partners. It is difficult to enter the supply chain of well-known companies with only one supplier. We hope to find and support partners to jointly expand the liquid metal market. The profit margin is also different for different products, but as the production process matures and the yield increases, even if the customer's price is adjusted, a good profit can still be maintained.
(6) How much benefit can liquid metal bring to the company in the future?
Answer: As a new type of material, liquid metal has excellent properties and can be applied in a wide range. And with the continuous increase of liquid metal application products and the existing production
With the breakthrough of product application, future sales will also show an upward trend.
(7) The prospect of the company's liquid metal in the hinge of folding screen mobile phones?
Answer: The folding screen mobile phone is the development direction of the future mobile phone, and it is also a relatively large innovative change in mobile phones. further increase. The excellent performance of liquid metal itself fully meets the requirements of hinge structural parts for thickness, strength and precision, and liquid metal will have good application prospects in hinge structural parts.
List of accessories (if any) None
Liquidmetal Tech - Going Nowhere, Slowly
Feb. 17, 2022 10:11 AM ETLiquidmetal Technologies, Inc. (LQMT)12 Comments
Tim Worstall profile picture
Tim Worstall
3.78K Followers
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Summary
I've known of Liquidmetal Technologies for a long time in a professional capacity.
Whatever promise there was seems not to have come to fruition.
My best evaluation is that it's going to continue to go nowhere slowly.
Liquid splash and droplets with reflections
dinn/E+ via Getty Images
A lot of promise, not much has happened
Liquidmetal Technologies, Inc. (OTCQB:LQMT) is one of those stock offerings that has long had the flavour of significant promise about it and yet little has ever seemed to come through. Well, this happens, even the finest of proposed technologies can not quite make it in the marketplace. The question then becomes, well, is it likely to? My conclusion is probably not. That leaves the stock at Liquidmetal as being of little to no interest to us as investors.
It's entirely possible that there will be little run-ups on this or that story. Possibly followed by fallbacks and so on. Knowing when they're about to happen would be nice so as to ride those waves. I'm also not entirely and wholly ruling out some drastic change in the company's prospects leading to a proper re-rating. But I regard that as most unlikely and this investing game is all about probabilities, not certainties, after all.
There is a bullish piece about Liquidmetal here on Seeking Alpha but then that's from 2014 and the promise doesn't seem to have arrived. There's a possibly more realistic piece from 2019 as well.
Really, it's all too old
The idea of a new technology that takes time to find users is fine, just fine. Folk need to know that it's there, think to work out how to use it and so on. We all know it's not invented on Friday and users are paying royalties on Monday. But Liquidmetal has been around since 2002 at least even as just a quoted company. Two decades is probably about enough time for people to do that working out over whether they want to use a new tech.
This also then flows into another problem which is that the patents are getting old. There's a - possibly not complete - listing of them here and at least one has already run out, several are about to do so. IP in the sense of legally exclusive knowledge is something they've not got a great deal left of that is.
We can even check this. I wrote about them for Forbes a decade back when they got that deal with Apple. Sure, they got a nice advance royalty payment but then the actual material doesn't seem to have ended up being used for all that much. I think, maybe, it has been used to make the SIM extractor tool for iPhones, that rings a bell. But that's a very slim supply to try to build a quoted company upon.
Do note my general attitude in that Forbes piece. There's nothing wrong with amorphous metals - that is, metal glasses - and a new method of making them cheaply, or cheaper, could well have some uses. The question is, well, are there those new uses?
A decade on perhaps there aren't. A decade does seem long enough to try that all out. Well, shrug, perhaps not then?
Golf clubs
Of course, hope can spring eternal and there's a new licensing agreement to make golf clubs out of these amorphous metals. But even that's not an entirely new idea as I also said at Forbes:
Just as an aside I was told a decade ago that a scandium/yttrium liquid metal would be the perfect (as in, not possible to be better) material to make golf club driver heads from.
Note that's told a decade ago, in a piece published a decade ago. So the idea is 20 years old at least, making golf club heads from these metal glasses. I even remember the outline of that 20-year-old conversation, those glass clubs were being talked about and our particular discussion was about which would be the best alloys.
It just doesn't seem very new, this announcement, that's all.
There's IP and IP of course
That patents are gradually - serially perhaps - running out isn't quite the whole point. For it's entirely possible to own IP in the sense of actually knowing how to do something, rather than the piece of paper that is the patent. So, perhaps Liquidmetal has those years of experience of making in volume - except they've not been making in volume at all. Quite the opposite. And the current business model is to shift the manufacturing over to Dongguan Yihao Metal Technology with Liquidmetal left as the R&D and royalty collection arm.
Which doesn't look all that massive an opportunity given that there's little IP to be selling as those patents expire.
One conclusion
One possible conclusion, one I tend to, is therefore that while Liquidmetal could have been wondrous it isn't going to be. The tech has been out there long enough for a use to be found for it if a use was going to be found for it. The patents are old, running out. There might well still be fringe uses but having had a good go at commercializing this tech it doesn't in fact have some wide commercial usage.
On the base technical grounds, that's about where I am.
And now to get conspiratorial
But something's still got to explain why the company's still going, why it's sitting on, from the last balance sheet, $5 million in cash, $11 million in short term debt securities, another $10 million in long term debt securities. Some $7 million of those bonds seem to be US Govt, which are secure enough. The rest are corporate but judging by their pricing valuation (as Level 2 certainty on prices) they may not be all that liquid. For a business that turns over $500k a quarter, maybe, that's a huge number.
So, what is it that's going on here? Well, the shareholder of 40% and change of Liquidmetal is an investor significantly involved with Mainland work. No, this isn't a spy story. Rather, it's very difficult to get capital out of China. About the only - legal - way of doing so is to buy a business asset, one that has to be authorised. Gaining access to the IP at Liquidmetal could well be something that was authorised. Keeping that $40 million in near-cash then becomes the placing of some portion of capital outside China.
I do not, at all, insist that this is true nor even claim it is. It is instead just a musing on what might be going on here. An active - if not exciting - business outside China is a way of curtaining off some portion of Mainland assets from the CCP.
If that is the explanation I find nothing wrong with it at all. It just doesn't make an interesting investment for the rest of us.
My view
If Liquidmetal was ever going to be able to make their alloys and their manufacturing methods a mainstream commercial opportunity then I think they would have done so by now. It is, after all, a decade since I first wrote about it, it's two decades since their first patents were granted. If it hasn't happened yet then my bet is that it isn't going to.
The investor view
I don't see any grand collapse in the price here. There is that near $30 million in near cash. The corporate valuation is around $120 million at present. There's still some hope value in the tech. They do still continue to work. I don't think that's worth $90 million (market cap minus cash) but it's probably worth something.
I also don't think there's going to be any grand boom in this stock price. We've all just been waiting too long to my mind. It's unlikely to happen now.
My net at the end of all of this is simply that there are better places to be than here, either bull or bear.
This article was written by
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Tim Worstall
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Tim Worstall is a wholesaler of rare earth metals and one of the global experts in the metal scandium. He is also a Fellow at the Adam Smith Inst in London and an writer for a number of media outlets, including The Times (London), Telegraph, The Register and even, very occasionally indeed, for the WSJ. This account is linked with that of Mohamad Machine-Chian: https://seekingalpha.com/user/52914142/comments
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Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article
VB quoted
“Highly involved in the
Company's last two financing
transactions, inclusive of front line
interaction with investors and
ownership of all accounting and
disclosure considerations, which
resulted in funding to date of $18
million with an additional $30
million available in an unused
facility.”
What’s all this funding for?
What’s correlation with the date?
We are going global…
https://www.hihonor.com/global/events/honor-mwc/
Thanks!
Half that, what date you get now…