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Pollux

01/18/21 4:53 PM

#208976 RE: joshuaeyu #208964

If Yihao (which is basically Eontec), is going to have 90 machines, I am assuming this new entity will rent space on the floor with "technical operation license" and 30+ machines under this license owned by this JV. Yihao will have 120 machines total which equates to roughly 60 million parts, annually. 30+ will be jointly owned under Ningde Sanxiang Zirconium Magnesium Industry Equity Investment Partnership (Limited Partnership), if I understand this correctly. I would assume they wont be putting these machines in a new facility but rather just expand space on Yihao floor. This does provide for answers to how is Yihao going to have capacity for Apples quench for volume.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=160812150

5. The target company shall purchase no less than 30 liquid metal machinery and equipment from Party B. The specific agreement shall be determined by the targetThe company and Party B will sign separately.



Buy machines...

Provided by Yian Technology and its subsidiary (Dongguan Yihao Metal Material Technology Co., Ltd.) to the target company Provides all technical support for amorphous alloys (liquid metal) and authorized use of all related technologies (hereinafter referred to as "technical Operation license ")the target company to pay licensing fees 4 , 0 million yuan to Yee Technologies and its subsidiaries (Dongguan City PlazaHao Metal Material Technology Co., Ltd.).



Provide oversight and rent space on floor..

jaybiscuit

01/18/21 8:41 PM

#208979 RE: joshuaeyu #208964

Ok that’s friggin awesome!

PayMEmf

01/18/21 9:24 PM

#208983 RE: joshuaeyu #208964

I remember this, but I don’t remember this:

“an industrial fund established by Yian Technology and Sanxiang New Materials for foreign investment”

Tesla battery pack!?

Pollux

02/04/21 5:44 AM

#209986 RE: joshuaeyu #208964

After thinking about this, this venture may be for the LK Technology/platform via magnesium die casting? On Eontec's website, it touts itself as a firm with these machines making these parts.

But Eontec is the producer of the 1000c machine; therefore, if I am not mistaken, the machines in question/discussion here, would be Eontec and not LK Technology?

Because with "Zirconium Magnesium" in the discussion here, that would be LK Technology and not Eontec AMM/LQMT, correct?