On March 9, DGYA Amorphous Metal Materials Technology Group and Tesla started business cooperation of aluminum alloy CCB bracket parts as early as 2014. With the deepening of the cooperation between the two parties and based on the recognition of the company's research and development strength, the company started cooperation with Tesla in 2015 on new energy vehicle door lock covers and other accessories business. Tie-one supplier and continues to this day. In addition to Tesla's direct purchase from DGYA, Tesla has also designated Hydro's front beam device and other accessories from DGYA through Hydro. In addition, TKP also purchases steering system and other accessories from DGYA's and supplies them to Tesla.
Yi'an technology liquid metal materials have high strength, high hardness, corrosion resistance, wear resistance and other characteristics. The company began to intervene in Tesla's new energy automobile door lock cover project in February 2015 and proactively provided it with liquid metal automobile door lock covers Samples, and received Tesla's order and mass production in July 2015. Since then, liquid metal has been applied to the Tesla Model X for the first time, and it is also the first application of liquid metal in the automotive field. It has a very important milestone. Significance, a breakthrough of 0 to 1 was achieved for the subsequent expansion of liquid metal. From the beginning of cooperation, all orders for car door locks have been placed directly by Tesla to the company, and the company has delivered directly to Tesla as a Tier 1 supplier.
The application field of liquid metal hinges, DGYA Technology claims that its application fields mainly include folding screen mobile phone hinges. Folding screen mobile phones with both internal and external folding solutions require liquid metal hinge structural members; notebook hinge structural members, such as flat Shaft structure, etc., and smart watch bracelet link structure, etc.
2019 is a very important year for folding screen mobile phones. The key to the design of folding screen mobile phones is the strength and accuracy of the shaft. Liquid metal has the characteristics of high precision, high flatness and high strength, and is the material of choice for the structure of the shaft. one. So far, DGYA Technology has provided two liquid metal hinges for the largest domestic mobile phone terminal customers, which are respectively defined as the first and second generations. The first-generation liquid metal hinge project was evaluated in July 2018, and mass production time was October 2019; the second-generation liquid metal hinge project was evaluated in October 2019, and mass production began in November 2019. So far, it can meet customer order requirements.
At present, the liquid metal hinge business of DGYA Technology is in the stage of development and gradual mass production. The sales income of hinge products accounts for a small proportion of the total operating income, which has a small impact on the company's financial status and operating results. With the continuous expansion of the company's liquid metal hinge business market, continuous cooperation with customers may have a certain impact on the company's performance.