The timing of this document and the closing of the CIP “jar” is unbelievable.
Now regarding LF—and the electric upgrade. Just a hunch—but the timing is perfect—what if that was used as proof of ability/concept by Liquidmetal and Eontec to “earn” this contract? Basically investing in the upgrade in LF to prove ability to Apple—knowing that the full production would be in Dongguan. Li is simply too smart to authorize the building purchase and electricity upgrade without a plan. Also his board and our board were OK with it as well! These purchases were not mistakes—they were strategic. Apple.
Thank you for obtaining and sharing the translation.
IMO the document and current state of affairs don’t support all of your conclusions. To me the document reads as a press release with a fair amount of puffery. For example the document states the following:
The document is more than three years old. How rapid has the development of “SWATCH's watch industry, LLPG's luxury industry, golf, racket and other sports equipment, medical, cutting tools, cars, smart equipment, sound, robots” been over the last three years? If that part is suspect, how much of the rest of it is also suspect?