Liquidmetal Technologies Inc (LQMT)

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Hello, Mr./Ms. Board Secretary,

According to information from the industry supply chain, Apple’s foldable screen hinge utilizes a design scheme featuring a "Liquidmetal spindle paired with titanium alloy structural components." Amphenol serves as the primary assembly supplier for Apple’s foldable screen hinges, while Eontec supplies the Liquidmetal hinge structural components to Amphenol. Could you please confirm whether the company’s current collaboration with Amphenol regarding Liquidmetal products is proceeding as planned? Furthermore, is the delivery status of recent orders stable?

Hello! Thank you for your interest in our Company.

The cooperative relationship between the Company and Amphenol is progressing steadily; we are fulfilling deliveries strictly according to client orders—on time and in the specified quantities. Thank you!

Hello, Mr./Ms. Board Secretary,

Could you please tell us what the yield rate is for the Company's production of 0.005mm Liquidmetal hinges? I have heard that it is around 65%; could you please clarify this matter?

Hello! Thank you for your interest in our Company.

Yield rates vary depending on the specific product, as different products entail varying levels of processing complexity, technical requirements, and production stages. Regarding the amorphous alloy hinge spindles produced by our Company: thanks to rigorous production controls and technical optimizations, the overall yield rate for this specific product is significantly higher than 65%. Thank you!

Hello, Mr./Ms. Board Secretary,

What is the current finished product yield rate for the mass production of the Company's Liquidmetal hinges?

Hello! Thank you for your interest in our Company. The products manufactured by our Company are amorphous alloy hinge *spindle structural components*—not finished hinge assemblies. Thank you!

Hello, Mr./Ms. Board Secretary,

The Company's amorphous alloy hinges have already been mass-adopted by multiple brands of foldable smartphones. Market analyses suggest that the hinge spindles are supplied exclusively to a major client in North America. The Company recently injected an additional 120 million RMB into Yihao Metal to expand its Liquidmetal production capacity. If no exclusive supply agreement has been established with a major client, could you please specify which concrete projects serve as the order basis for this production expansion? Additionally, the Company has reportedly developed prototypes for Liquidmetal smartphone mid-frames; should clients express a demand for these in the future, does the Company possess the industrialization capabilities to mass-produce them, and is it actively positioning itself to do so?

Hello! Thank you for your interest in the Company.

The capacity expansion at Yihao Metal will be implemented in a phased manner, based on the volume and nature of customer orders. The Company is also continuing to advance its R&D efforts regarding the application of amorphous alloy materials in smartphone mid-frame structural components. Thank you!