Liquidmetal Technologies Forms Joint Venture to Launch Major Manufacturing Hub in Hangzhou, China
Liquidmetal® Technologies, Inc. (OTCQB: LQMT), a pioneer in the commercialization of amorphous metal technologies, has officially announced a major step in its global expansion strategy. On July 4, 2025, the company’s wholly owned Hong Kong subsidiary, Liquidmetal Asia Holdings Limited (“Liquidmetal Asia”), signed an agreement to establish a new joint venture company—Hangzhou Feifeng Liquidmetal Co. Ltd. (the “JV Company”).
This joint venture is being formed in partnership with an individual investor who will contribute to a total initial capital investment of $6.0 million USD. Under the terms of the agreement, Liquidmetal Asia will retain a 70% ownership stake, while the remaining 30% will be held by the investor partner. The newly created JV Company will focus on the development and operation of a cutting-edge manufacturing facility in Hangzhou, China, dedicated to the production of next-generation amorphous alloy components.
Strategic Location with Strong Industrial Synergies
Hangzhou, the capital of China’s Zhejiang Province, has increasingly become one of the country’s most dynamic hubs for high-tech innovation and advanced manufacturing. Located in the heart of a robust industrial corridor, the city is home to industry giants like Alibaba and Foxconn, and it boasts a powerful ecosystem of world-class suppliers, subcontractors, and academic institutions.
The upcoming facility in Hangzhou is designed to align with the region’s innovation-forward outlook. The site will span approximately 71,000 square feet, offering ample space to accommodate up to 40 die-cast machines tailored to the unique processing requirements of amorphous metal products. Construction and facility development are progressing according to schedule, with the plant expected to be fully operational by mid-2026.
Unlocking the Potential of Amorphous Metals
The JV Company’s new manufacturing hub will be at the forefront of leveraging amorphous metal technology, which is characterized by its high strength, corrosion resistance, thin form factor, and remarkable elasticity. Unlike traditional metals, amorphous alloys do not possess a crystalline structure, resulting in enhanced mechanical properties that are ideal for demanding industrial and consumer applications.
“Our new plant in Hangzhou will be state-of-the-art, utilizing the most advanced manufacturing technologies available today,” said Tony Chung, Chief Executive Officer of Liquidmetal Technologies. “The facility will be led by our Chairman, Professor Lugee Li, who brings deep expertise in metallurgy and advanced manufacturing as the founder of Eontec. Professor Li is truly a master in the field, and with his leadership, we aim to usher in a new generation of high-performance products based on amorphous metal technology.”
Chung, who has spent over 15 years with the company, emphasized that this new facility marks a pivotal moment in the company’s journey. “I’ve had the privilege of witnessing the evolution of Liquidmetal Technologies from a concept into a trailblazer in material science. Today, our journey enters an exciting new chapter. This investment will significantly advance our production capabilities, allowing us to meet the growing demand for amorphous metal solutions across multiple industries.”
A Long-Term Vision Driven by Innovation
Professor Lugee Li, who also serves as Chairman of Liquidmetal Technologies, echoed Chung’s optimism and long-term vision for the company.
“Bringing about transformative technology is a process that requires vision, persistence, and time,” Li said. “We are beginning to see the pieces of that vision come together. With this new facility, we are positioning ourselves to fulfill the immense potential of amorphous metal technology in ways that will benefit both our customers and the industries we serve. I am incredibly excited about what the future holds.”
The joint venture reflects Liquidmetal’s broader strategic approach to deepen its footprint in Asia while securing the technical and operational capacity needed to bring advanced amorphous metal solutions to global markets. The Hangzhou plant is expected to serve as a center of excellence for production, R&D, and innovation, enabling the company to rapidly prototype, scale, and deliver precision parts for sectors including consumer electronics, automotive, medical devices, industrial tools, and aerospace.
A New Era of Production and Growth
With increasing demand for high-performance materials that can withstand greater stress, offer longer life spans, and be fabricated into more compact forms, amorphous metals are drawing heightened attention across the manufacturing landscape. Liquidmetal Technologies is now taking bold steps to meet that demand with facilities that match the complexity and scale of its materials innovation.
The formation of Hangzhou Feifeng Liquidmetal Co. Ltd. and the development of the Hangzhou manufacturing plant represent more than just an expansion of production capabilities—they signal a strategic evolution of Liquidmetal Technologies into a global leader in amorphous alloy manufacturing and application development.
Regulatory Filing and Additional Information
For more detailed information regarding the joint venture agreement and the Hangzhou project, stakeholders and investors are encouraged to refer to the company’s Current Report on Form 8-K, filed with the U.S. Securities and Exchange Commission (SEC) on July 10, 2025.
As Liquidmetal Technologies continues to pursue innovation-driven growth, this new manufacturing site is poised to play a crucial role in accelerating commercialization, enhancing product quality, and expanding the global reach of amorphous metal technology.
