智通财经网·2026-01-20 08:16Core Insights - 3D printing has transitioned from an optional technology to a necessary process in rocket manufacturing, particularly in the production of rocket engines, due to its ability to overcome traditional manufacturing limitations [1][3] - The market size for 3D printing technology in the rocket engine manufacturing segment has exceeded 400 billion yuan, indicating significant growth potential [4] Group 1: Advantages of 3D Printing - 3D printing technology offers substantial improvements in efficiency, cost, and performance in rocket manufacturing, especially in engine production, with weight reductions, manufacturing cycle time cut by over 70%, and cost reductions of up to 90% [2] - The application penetration of 3D printing in rocket manufacturing is expected to increase, moving from core component breakthroughs to covering multiple segments of the rocket [3] Group 2: Market Opportunities - The rapid development of China's commercial aerospace sector is expected to drive significant growth in rocket launch capacity, benefiting 3D printing as a core manufacturing process [4] - By the end of December 2025, China plans to apply for a network of 203,000 satellites, which will further increase the demand for rocket launch capacity [4] Group 3: Key Companies - Huazhu Gaoke focuses on industrial-grade 3D printing technology, providing metal and polymer printing solutions for rocket engines and structural components, and has successfully delivered over 30 parts for a liquid oxygen-kerosene engine in about four months [5] - Jiangshun Technology, originally in aluminum profile extrusion molds, has established a joint venture to enter the additive manufacturing space, potentially extending into 3D printing and liquid cooling-related businesses [5] - Recommended companies include Jiangshun Technology (001400.SZ) and Huazhu Gaoke (688433.SH), with attention also on Yinbang Co., Ltd. (300337.SZ) [6]