Liquidmetal® Technologies, Inc. (OTCQB: LQMT) today announced that, on July 4, 2025, Liquidmetal Asia Holdings Limited (“Liquidmetal Asia”), a wholly owned Hong Kong subsidiary of Liquidmetal Technologies, entered into an agreement to form a joint venture company named Hangzhou Feifeng Liquidmetal Co. Ltd. (the “JV Company”). The JV Company will be developing a manufacturing facility in the city of Hangzhou, China for the manufacture of amorphous alloy products. The JV Company will be owned 70% by Liquidmetal Asia and 30% by an individual investor with $6.0 million USD of initial capital investment.
Hangzhou is a rapidly emerging innovation hub located in the heart of advanced manufacturing corridor, surrounded by global companies such as Foxconn and Alibaba. The region offers unparalleled access to world-class suppliers, subcontractors, and research institutions. The JV Company’s manufacturing facility is anticipated to feature 71,000 square feet of manufacturing space that can hold up to 40 die-cast machines and is currently expected to be operational in the middle of 2026.
“Our new plant in Hangzhou will be state of the art utilizing the latest manufacturing technology and will be led by our Chairman, Professor Lugee Li. As the founder of Eontec, Professor Li is a master of manufacturing, and together, we seek to bring about a new generation of products utilizing the high strength, thinness and elasticity of amorphous metals. During my 15+ years with Liquidmetal Technologies, I have been fortunate enough to be part of the company’s story. Our journey has just begun, and we are ready to substantially advance the revolutionary technology of amorphous alloys,” said Tony Chung, CEO.
“Bringing about new technology takes time and patience, and I’m excited to see my vision for Liquidmetal Technologies taking shape. I look forward to a bright future ahead,” said Lugee Li, Chairman.
For more information, please refer to the Current Report on Form 8-K which was filed on July 10, 2025 with the Securities and Exchange Commission.
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