(R) 03/06/2020 Yihao (yi’an/Eontoec) and Sanxiang Zirconium (Sanxiang Advanced Materials—FJSX) sign the “Amorphous Alloy (Liquidmetal) Project Cooperation Investment Agreement”. This document was signed by Lugee Li, COB for liquidmetal. $100,000,000 yuan as invested—60% Sanxiang/40% Yi’an Tech (Yihao) In order to give full play to their respective advantages and strengths, enhance the ability of industrial chain integration, and further expand and strengthen the liquid metal industry, on March 6, 2020, The company and Ningde Sanxiang zirconium magnesium industry equity investment partnership (limited partnership) (hereinafter referred to as "Sanxiang zirconium magnesium") signed the cooperation investment agreement on amorphous alloy (liquid metal) project with the industrial fund established by Sanxiang New Material Co., Ltd. with registered capital of RMB 100 million, Sanxiang zirconium magnesium and the company jointly invest in the amorphous alloy (liquid metal) project with a ratio of 60%: 40%, and the implementation subject is Ningde Sanxiang, which is jointly established by both parties. (see entry (T) about Ningde Sanxiang paying Yihao Metals for patent/technology license)
(S)On March 10, 2020, Ningde Sanxiang (jointly owned by Yihao/Eontec and Sanxiang) completed the industrial and commercial registration.
(T) 03/17/2020 Yi'an technology, Dongguan Yihao Metal Materials Technology Co., Ltd. (hereinafter referred to as "Yihao metal") and Ningde Sanxiang (Sanxiang Advanced Materials—FJSX) jointly signed the "amorphous alloy (liquid metal) technology license agreement", which agreed that Yi'an technology and Yihao metal would license the patents and proprietary technologies related to amorphous alloy (liquid metal) owned and had the right to use to Ningde Sanxiang, Ningde Sanxiang paid 40 million yuan (including 23 million yuan to Yi'an technology and 17 million yuan to Yihao metal) to Yian technology and Yihao metal. As of the end of the report period, Yian technology and Yihao metal have respectively received the first phase of technology license fees.
(U) 4/8/2020 Yihao and Ningde Sanxiang (Nigde jointly owned by jointly signed the "Equipment Sales Contract". Ningde Sanxiang agreed to purchase 10 units anfd two from Yian Technology. Various types and specifications of liquid metal machinery and equipment, with a total amount of RMB 30.8 million.
(W) 08/26/2020 China`s leading amorphous alloy material manufacturer (FJSX—Sanxiang Advanced Materials) and CATL will jointly develop magnesium alloy precision shell structures for lithium batteries. Key wording: china’s leading amorphous alloy material manufacturer---will jointly develop magnesium alloy shell structures for lithium batteries.
