Liquidmetal Technologies Inc (LQMT)

[jaybiscuit]

4/17/2020

Dongguan Eontec Co., ltd. and Nanjing Yunhai Special Metals Co., ltd. signed the investment cooperation agreement, intending to jointly invest 500 million yuan to build the production base of light alloy precision die casting in chaohu, anhui province.In order to ensure that the above projects are put into normal production as scheduled, yi 'an technology co., ltd. plans to increase its capital to yi 'an yunhai by 30 million yuan with its own capital, and yun hai metal co., ltd. plans to increase its capital to yi 'an yunhai by 20 million yuan with its own capital.Upon completion of the capital increase, the registered capital of yian yunhai will increase from 50 million yuan to 10 million yuan, and the proportion of each shareholder's contribution will remain unchanged.

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