Eontec's Annual 2020 and Q1 2021 earnings are out. Not a whole lot to be excited about, sounds like they are having a difficult time promoting Liquid Metal as well.
For Q1 2021 the net profit attributable to shareholders of listed companies was 1,153,600 yuan, a decrease of 92.62% compared with the same period of the previous year.
Future prospects
(1) Liquid metal
The company will continue to promote liquid metal in various ways such as various trade fairs and filming documentaries, so as to let more customers understand the advanced properties and application fields of liquid metal, and increase customers' acceptance of liquid metal. Continue to increase R&D investment, strengthen joint research on liquid metal production, education and research, accelerate the transformation of scientific research results, expand new areas of amorphous alloy applications, continue to introduce new products that meet customer needs, and create industry-leading liquid metal industrialization technology and application highlands. Enhance the company's competitiveness.
(2) New energy vehicles
The development prospects of the new energy automobile industry are good, but the industry is still in the growth stage, and the company needs to continuously improve product competitiveness and brand influence. Overall integration is the future development trend of the new energy automobile industry. The company will rely on the accumulation of more than 20 years of experience in the precision die casting industry and the precipitation of technology, combined with market development and the actual needs of customers' products, to integrate the new energy automobile parts business. The company insists on quality and service as the integrated wings of new energy auto parts products, deeply promotes structural adjustment, optimizes business layout, realizes wider application of new materials in new energy auto parts, and further maintains the company in the field of new energy auto parts Dominance.
(3) Biodegradable medical magnesium alloy
As a leader in the research and industrial transformation of degradable magnesium metal in China, the company will gather various forces to give play to the absolute advantages of the members of the Medical Magnesium Alloy Industry Technology Innovation Alliance in this research field. Through the implantation of degradable magnesium and magnesium alloys in orthopedics The development and clinical application of implanted device products such as medical materials, technical research, develop new biodegradable magnesium and magnesium alloy medical device products with independent intellectual property rights, and strive to create a well-known industry-renowned medical magnesium alloy material and its device research and development, design, Technology R&D center and industrial transformation platform for production, biomedical evaluation and clinical application, to create a complete upstream-downstream linkage, complete research, production, supply, and marketing industry chain, promote the application and promotion of medical magnesium alloy technology, consolidate the industry’s position, and drive the industry The technology industry is booming.
