DGYA Amorphous Alloy Technology Group (Party A) announced that on March 17, 2020, the company and NDSX Metal Technology Co., Ltd. (DGYA Joint Venture Company) jointly signed the "Amorphous Alloy (Liquid Metal) Technology License Agreement". The main contents are as follows:
1. Party A licenses Party B's patents and proprietary technologies related to amorphous alloys (liquid metals) that it owns and has the right to use.
2. Party B shall pay Party A a technology license fee of RMB 60 million, which shall be paid in two installments.
With the increase in the acceptance of liquid metal by related industries, more and more companies use liquid metal materials to design and manufacture complex structures with high performance and high precision, and the demand for liquid metal is increasing. In order to continue to expand the liquid metal product market, the company has accelerated its market layout. The signing of the technology license agreement is conducive to enhancing the ability of the joint-stock company NDSX to independently develop and produce amorphous alloy (liquid metal) products and improve amorphous alloy (liquid metal) Product market competitiveness, enhancing the company's comprehensive competitiveness, and promoting the development of the liquid metal industry are in line with the company's development strategy.