You may be right.
I also understand he is a business man, doing business. Perhaps he really just wants to hold(and expand) the global IP held by LQMT for BMG and be the go to guy for all things BMG, as he already is. Maybe he actually will expand IP with LQMT when revenue comes in.
However, Eontec(Yihao) has filed more patents in recent years than LQMT. Our R&D is almost non-existent.
China is clearly, unlike USA, making large strides in this area of mfg. BMG.
Lugee doesn't seem to be the type of guy to need to be a "billionaire" - he is more the type of guy that wants to better his country, his people, his industry. The money is a side product of intentions.
While I have been disgruntled with China(as we have seen many years of tilted macroeconomics and IP impressionism), they are extremely loyal to causes. Li is extremely loyal to BMG and China renaissance(Belt Road Initiative) - LQMT is maybe a conduit with unintended consequences.
Just one blog post or word from our CEO would be nice.