Liquidmetal Technologies Inc (LQMT)

[Out The Window]

"Yi'an Technology (300328) announced on the afternoon of November 9 that the company's actual controller Li Yangde and its controlling shareholder Yi'an Technology Industrial Co., Ltd. were listed on the same day with Dongguan City. The partnership has signed an investment framework agreement. The listed investment in the development of the company will provide 300 million to 600 million yuan of financial support to Yi'an Industrial and Li Yangde or its related parties, and will systematically consider and assist in solving its liquidity difficulties.

It is reported that Yi'an Industrial currently holds 180 million shares of Yi'an Technology, accounting for 39.11% of the total share capital. Li Yangde holds 100% of Yi'an Industrial. In this cooperation, the listed Dongguan Enterprise Development Investment Commitment will not seek the status of Yi'an Technology's major shareholder, and the company also promises that the future development will still be based in Dongguan and will not be relocated.

It is worth mentioning that this subsidy is the second case after Dongguan Zhengye Technology was invested and assisted by the listed enterprises in Dongguan on November 8. From the establishment of the company to the local enterprises, the investment in the listed enterprises is listed in Dongguan. Listed companies have brought new hopes."