Liquidmetal Technologies Inc (LQMT)

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From Joshua:

Even more exciting rumors are that Apple is finally going to promote substantive cooperation in Eontec, which is most likely related to the Apple Watch.

As VIVO, OPPO, Huawei, and Samsung continue to make efforts in the field of folding screen mobile phones, it is expected that the global shipments of folding screen mobile phones are expected to reach 15 million in 2022, doubling year-on-year. In 2022, the "first year of folding screens" in the true sense of large-scale shipments will begin, and the liquid metal enterprises that have been waiting for years will also usher in the dawn of development.

Recently, Eontec , the only listed company in the domestic liquidmetal field , announced that it has signed the "Liquid Metal Project Investment Agreement" with the People's Government of Qingxi Town, Dongguan City, with a planned total investment of 380 million yuan.

But almost at the same time, Eon Industrial, a subsidiary of the company's chairman Lugee Li, reduced its holding of 2% of the company's shares, cashing out 86.56 million yuan. Several other executives also reduced their holdings of the company's shares by a total of 2.9 million shares in bulk transactions, cashing out a total of 21.286 million yuan.

Previously, it was disclosed in the annual report of Eontec, in 2021 that Lugee Li reduced his holdings of the company's shares by 35 million shares on the grounds of his own capital needs. In its latest announcement, Eontec pointed out that as of the announcement date, Eon Industrial had accumulated 70.21 million pledged shares, accounting for 76.2% of its shares.

Judging from the public information, Lugee Li was born in 1959 and is a citizen of Hong Kong, China. In 1987, Lugee Li opened a small factory in Shatoujiao, Shenzhen, mainly grinding and drilling household items. Six years later, after accumulating a small amount of capital, he bought a piece of land in Qingxi, Dongguan. Since then, Eontec has been formally established. In the early days, he was mainly responsible for the thermo-setting plastics business.

The profile on Eontec's official website shows that Lugee Li has a master's degree and serves as a visiting researcher at the Institute of Metal Research, Chinese Academy of Sciences. He is mainly engaged in intellectual property and industrial design, new material technology research and industrial transformation.

In some introductory articles, some media called him "Professor Li". In his introduction, Lugee Li holds teaching positions in several institutes.

The media named "Haitong News Agency" once had an article introducing Lugee Li, which mentioned Lugee Li's experience in more detail. In this article titled "Lugee Li's Business Experience": Three Transformations in 28 Years, Transforming a Handicraft Processing Factory into a Technology Factory" In the long article, there is no mention of Lugee Li study and scientific research journey.

A person close to Lugee Li revealed that Lugee Li himself was not a technical major, and his initial education was not high. Its so-called professor status may come from Eontec's industrial influence in the field of liquid metal. The hinge shown in the VIVO promotional video uses a liquidmetal solution

**Even more exciting rumors are that Apple is finally going to promote substantive cooperation in Yi'an Technology, which is most likely related to the Apple Watch.**

At this time, Eontec announced the liquidmetal investment project in Qingxi Town, Dongguan, showing its intention to promote the industrialization of liquid metal. The question is, has Eontec, which has been frequently sold off by major shareholders, has its own problems resolved? When the liquid metal finally ushered in the dawn of industrialization, can Eontec also reduce the cost of liquid metal materials and achieve mass production of liquid metal materials?

Perhaps, more and more powerful capital platforms are needed to integrate and support the technical and management teams in the industry, including the liquid metal team of Eontec, to form a new company to promote the industrialization of liquid metal.

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