PROCUREMENT & SUPPLY CHAIN

Liquidmetal Enters into Supply Agreement With Yihao Metal Technology

Liquidmetal Technologies | January 21, 2022

Liquidmetal Enters into Supply Agreement
Liquidmetal® Technologies, Inc. (OTCQB: LQMT), the foremost supplier of applications for zirconium-based bulk metallic glasses (BMGs), has entered into a manufacturing supply agreement with Dongguan Yihao Metal Technology Co., Ltd. (“Yihao”), the world’s largest manufacturer of BMG products.While Liquidmetal has already been working with Yihao as its contract manufacturer over the years, this supply agreement now solidifies our long-term relationship. I can’t emphasize enough how important it is to have the right partners in place to bring about new technology into the forefront of success, and our partnership with Yihao completes our evolution of advancing the technology and bringing Liquidmetal applications and services to the global supply chain like no other,”said Tony Chung, CEO of Liquidmetal Technologies, Inc.

“Our manufacturing capabilities coupled with Liquidmetal’s brand, knowledge and expertise in the amorphous alloy space creates a powerful, integrated vertical supply chain that can’t be matched. We are committed to the vision of bringing Liquidmetal technology to the masses and look forward to a long and prosperous business relationship,”

-Peter Gao, CEO of Dongguan Yihao Metal Technology Co., Ltd.

For more information, refer to the Company’s 8-K filing with the SEC on January 19, 2022.

About Liquidmetal Technologies
Lake Forest, California-based Liquidmetal Technologies, Inc. is the leading developer of parts made with bulk amorphous alloys, also known scientifically as bulk metallic glasses or BMGs. The non-crystalline atomic structure of these materials imparts unique performance properties, including the ability to injection-mold with micron-level precision, lustrous finishes, high strength, hardness and corrosion resistance, and remarkable elasticity. Liquidmetal Technologies is the first company to develop amorphous alloy parts commercially, enabling significant improvements in products across a wide array of industries. For more information, go to www.liquidmetal.com.

About Dongguan Yihao Metal Technology
China-based Dongguan Yihao Metal Technology Co., Ltd. was founded in November 2014 and has developed BMG technology for more than a decade to provide expertise in all aspects of BMG manufacturing. The Company operates out of a 200,000 square foot facility in the province of Guangdong and maintains more than 90 BMG manufacturing machines to service its customers. For more information, go to www.yihaometal.com.

Spotlight

Factories rely on a number of technology suppliers and partners. When these systems work together, manufacturers can experience significant benefits. Connected assembly tools and controllers are one part of this essential digital ecosystem. Industrial networks use programmable logic controller (PLC) platforms to connect and communicate with equipment, machines, and tools.


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Spotlight

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