Liquidmetal Technologies Inc (LQMT)

[joshuaeyu]

Part of Maze 2.0

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In order to promote the strategic cooperation between Eontec and Sanxiang New Materials, on March 6, 2020,

Ningde Sanxiang Zirconium Magnesium Industry Equity Investment Partnership (Limited Partnership), an industrial fund established by Yian Technology and Sanxiang New Materials for foreign investment ( Hereinafter referred to as "Sanxiang Zirconium Magnesium" or "Party A") signed the "Amorphous Alloy (LiquiMetal) Project Cooperative Investment Agreement" (hereinafter referred to as the "Agreement"), and the two parties agreed to jointly invest in the amorphous alloy (liquid metal) project. The registered capital of this project is RMB 100,000,000. Sanxiang Zirconium Magnesium and Eontec jointly invested in the amorphous alloy (liquidmetal) project at a ratio of 60%:40%, namely Sanxiang Zirconium Magnesium Investment 60,000,000 Yuan and Eontec Investment 40,000,000 Yuan. The implementation of the amorphous alloy (liquid metal) project jointly invested by both parties is Ningde Sanxiang LiquidMetal Technology Co., Ltd. (hereinafter referred to as "Ningde Sanxiang" or "target company" or "joint venture") established by the two parties. The tentative name will be finalized according to the industrial and commercial registration).