有研粉材：有研增材公司目前产能饱和，订单充足

Core Viewpoint - The 3D printing market remains highly active with significant potential for future development [1] Company Summary - Youyan Powder Materials has reported that its current production capacity is saturated and it has a sufficient order backlog [1] - The construction of the additive manufacturing base in Shandong is progressing smoothly, with completion of civil works expected by October 2026 and equipment debugging to start in November 2026 [1] - The benefits from the new base are anticipated to gradually materialize starting in 2027 [1]