Shares of Liquidmetal Technologies, Inc. (OTC:LQMT) have been moving within a narrow range over the past few weeks.
Liquidmetal Establishes New Manufacturing Site in Hangzhou
Liquidmetal Technologies, Inc. (OTC:LQMT) has announced a significant expansion of its global operations through a new joint venture in China. Liquidmetal Asia Holdings Limited—a wholly owned subsidiary based in Hong Kong—entered into an agreement to establish Hangzhou Feifeng Liquidmetal Co. Ltd. in collaboration with a private investor. The joint venture will focus on building a dedicated facility for the production of advanced amorphous alloy components in Hangzhou.
Under the agreement, Liquidmetal Asia will retain a 70% ownership stake, while the investor will hold the remaining 30% with an initial investment of $6 million USD. The new manufacturing site, situated in Hangzhou’s thriving innovation corridor—home to industry giants like Alibaba and Foxconn—will cover 71,000 square feet and accommodate up to 40 die-casting machines. The facility is expected to be operational by mid-2026.
CEO Quote
“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 Liquidmetal’s story. Our journey has just begun, and we are ready to substantially advance the revolutionary technology of amorphous alloys,” said Tony Chung, CEO of Liquidmetal Technologies.
Traders Notes
Technicals
| +/- EMA(20) | 0.13 (+15.38%) |
| +/- SMA(50) | 0.11 (+36.36%) |
| +/- SMA(200) | 0.07 (+114.29%) |
| 5-Day Perf. | +5.71% |
| 1-Month Perf. | +32.98% |
| 3-Month Perf. | +60.43% |
| 6-Month Perf. | +273.13% |
| YTD Perf. | +252.94% |
| 1-Year Perf. | +173.22% |
| RSI(14) | 78.33 |
| ATR(14) | 0.01 |
| ADX(14) | 35.15 |
| Beta (5Y) | 0.41 |
