Eontec(SZ:300328)2022-12-08 08:14Group 1: Company Overview and Challenges - The company faced challenges in the first half of the year due to macroeconomic factors, intense market competition, delayed orders, and increased labor and market development costs [4] - The company has identified three strategic focuses for future development: liquid metal, magnesium and aluminum alloy automotive products, and biodegradable medical magnesium alloys [4] Group 2: Liquid Metal Technology - Liquid metal is characterized by super strength, hardness, wear resistance, and corrosion resistance, making it suitable for 3C product applications [4] - The main raw material for liquid metal is zirconium, with some alternatives like iron available in the market [5] - Currently, liquid metal is supplied to domestic assembly manufacturers, with products being used both domestically and internationally [5] - The company has developed liquid metal technology for small components, with 2-3 customers already in mass production [5] Group 3: Market Potential and Future Prospects - The company anticipates that the second half of the year will be a peak season for its industry, and it aims to achieve better performance [7] - The establishment of a U.S. subsidiary is intended to enhance communication with clients, shorten project development cycles, and improve customer satisfaction [7] - The company is working on biodegradable medical magnesium alloys, with clinical trials expected to begin by the end of this year or early next year, taking approximately 12-18 months for clinical evaluation [8]