InvestorsHub Logo
Followers 0
Posts 17
Boards Moderated 0
Alias Born 08/30/2016

Re: None

Tuesday, 08/27/2019 6:41:23 AM

Tuesday, August 27, 2019 6:41:23 AM

Post# of 232607
Per Eontec's Preliminary Interim Report filed this AM. Roughly $6M in revenue from liquid metal products for the 2nd quarter.

(2) Liquid metal
Liquid metal has the characteristics of molding ability after melting, high hardness, corrosion resistance, high wear resistance, etc. Its bending strength, tensile strength and elastic deformation are superior to common materials, and it can realize high-complexity metal parts in one step. It meets the external folding scheme of mobile phone flexible screen and is called the new functional material of the cross-century. Based on the above-mentioned superior performance, liquid metal has great market demand in the fields of new energy vehicles, consumer electronics, medical equipment, military, space engineering materials, sports and leisure products, etc., and the industrialization prospect is very broad.
With the advent of the 5G era, the application conditions of liquid metal with excellent performance and cost advantages on consumer electronic structural components have matured, the demand for liquid metal has greatly increased, and liquid metal will become the terminal device in the appearance material and internal structural parts. The mainstream.
During the reporting period, the company continued to increase the technical research of liquid metal products and actively cooperated with well-known mobile phone customers in the design and supply of liquid metal hinges. The company's liquid metal ice skates have been produced for real samples and have been sampled for customer testing. On the basis of the expansion of the liquid metal product market last year, the company continued to accelerate the market layout. The order volume of the company's amorphous alloy products continued to grow. Currently, the mass production of amorphous alloy products includes mobile phone structural parts, Tesla automobile locks, and intelligent manufacturing. Wait. During the reporting period, the company's liquid metal product sales revenue was RMB 41,480,500, an increase of 94.15% compared with the same period of the previous year. As of the end of the reporting period, the company has established good cooperative relations with well-known domestic and foreign customers such as Tesla, Geli, Xiaomi, Huawei, OPPO, Lansi Technology and ABB.