格隆汇1月12日丨铂力特(688333.SH)公布，商业航天的发展阶段较为前期，未来几年对公司的总营业收 入贡献有限，截止2025年9月30日，公司商业航天营业收入占当期公司总收入比例约为3%。 ...

2026年01月12日 证券研究报告 | 请务必阅读正文之后的免责声明及其项下所有内容 摘要 请务必阅读正文之后的免责声明及其项下所有内容 消费级3D打印行业专题 创意点亮生活，3D打印入万家 行业研究 · 行业专题 家用电器 投资评级：优于大市（维持） | 证券分析师：陈伟奇 | 证券分析师：王兆康 | 证券分析师：邹会阳 | 证券分析师：李晶 | | --- | --- | --- | --- | | 0755-81982606 | 0755-81983063 | 0755-81981518 | | | chenweiqi@guosen.com.cn | wangzk@guosen.com.cn | zouhuiyang@guosen.com.cn | lijing29@guosen.com.cn | | S0980520110004 | S0980520120004 | S0980523020001 | S0980525080003 | 技术进步推动行业成长，消费级3D打印进入普及期 ➢ 软硬件技术的进步不断降低消费级3D打印的操作门槛，行业正进入大众普及期。同时，潮玩、教育、日用品配件等个性化需求日益 ...

每经AI快讯，1月12日，铂力特公告，经公司自查，未发现近期公共媒体报道了可能或已经对公司股票 交易价格产生较大影响的未公开重大信息。商业航天的发展阶段较为前期，未来几年对公司的总营业收 入贡献有限，截至2025年9月30日，公司商业航天营业收入占当期公司总收入比例约为3%。 ...

Major Events - China dominates the consumer-grade 3D printing market, producing approximately 90% of the global supply, with Shenzhen accounting for 90% of that production, establishing itself as the manufacturing hub for consumer-grade 3D printers [3] - The United States and Europe together hold over 70% of the global market share, while China's domestic market share is around 10%, indicating a strong export-oriented characteristic of the industry [3] Industry Dynamics - Ansteel Group has established a new company, Anshidi Materials Technology, with a registered capital of 20 million yuan, focusing on additive manufacturing and new materials research and development [4] - Black Buffalo 3D, a US-based construction 3D printing company, has filed for bankruptcy protection, highlighting challenges in its commercialization path [5] - The seventh batch of group standards for additive manufacturing medical devices has been released, covering areas such as oral, orthopedic, biomaterials, and advanced manufacturing processes [6][7] Fun Manufacturing - Cobra has launched two new 3D printed golf clubs, the 3DP MB and 3DP X, which combine the feel of forged irons with larger clubhead forgiveness, enhancing shot distance [8] - JD's Jingzhao has introduced 3D printed slippers priced at 299 yuan, with a promotional price of 255.55 yuan after government subsidies, indicating a growing acceptance of consumer-grade 3D printed footwear [9] - Tim, a well-known tech influencer, showcased the ability to turn photos into 3D printed models at CES 2026, emphasizing the appeal of 3D printing technology [10] Financing/Mergers and Acquisitions - Beijing Yuding Additive Manufacturing Research Institute has completed a Pre-A round financing of several hundred million yuan, aimed at the R&D and industrialization of key technologies for large metal components in additive manufacturing [11] - Suzhou Xianyi Technology has secured seed round financing of 10 million yuan, which will be used for new product development, market expansion, and capacity building [12] New Products - Creality has launched the SPARKX i7, a multi-color 3D printer that supports AI and photo modeling, featuring a quick setup time and improved material efficiency [13] - Shenzhen BIQU has released a food-grade 3D printing accessory called "Panda Treat," which allows for the printing of edible designs on food [14] - Shumei Wanhua has introduced the Hitem3D 2.0, a high-definition model generation tool that enhances the realism and structural integrity of 3D printed models [15] - China Aerospace Science and Industry Corporation has developed a 36-beam laser metal 3D printer, achieving a 300% increase in forming efficiency and a 40% reduction in equipment costs [16] Cutting-edge Technology - A research team led by Academician Lü Jian has published findings in Nature Communications, proposing a new design paradigm for additive manufacturing that enhances the strengthening efficiency of titanium alloys [17]

AI 浪潮下造物权革命，3D 打印飞入寻常百姓家 20260109 消费级 3D 打印市场有哪些主要特点和需求？ 摘要 消费级 3D 打印市场规模约为 40 亿美元，占整个 3D 打印行业的 16%，且增速高于整体行业，未来增长潜力巨大。2025 年消费级 3D 打印增速预计较高，并持续加速。 消费级 3D 打印设备核心驱动力来自产品力提升（如自动平衡、激光监 测、AI 建模）、价格下探（基础款低于智能手机）和品牌效应增强，显 著优化用户体验，拓宽市场。 3D 打印产业链包括上游耗材（占比 20%）、中游设备（占比 28%）和 下游服务（占比 52%）。中游设备是技术策源地和价值中枢，对上下游 升级至关重要。 中国在全球消费级 3D 打印设备出口中占据重要地位，北美占比约 35%，欧洲约 30%，亚太地区约 26%，中国企业正逐步赶超国际竞争 对手。 看好上游耗材公司佳林科技、中游即将上市的创 3D，以及服务端标的。 这些公司有望在各自领域获得发展，为投资者带来回报。 Q&A 目前 3D 打印行业的市场规模和增长前景如何？ 整个 3D 打印行业的全球市场规模约为 250 亿美元，折合人民币约 1,700 亿元 ...

截至2026年1月9日收盘，南风股份(300004)报收于13.4元，上涨2.52%，换手率13.08%，成交量62.8万 手，成交额8.5亿元。 董秘最新回复 投资者： 董秘您好！公司全资子公司南方增材3D打印业务在鞋模、军工、商业航空航天、微通道散热 等领域的应用进行送样和业务洽谈目前进度如何？是否已经有相应的合作方订单产生？ 董秘： 您好，公司正逐步推进与相关领域客户的送样、业务洽谈等工作，送样过程需要与客户方反复 磋商细节、探讨相关技术方案等，后续若有进展，公司将严格遵守证监会、深交所相关规定履行信息披 露义务，敬请留意公司相关公告，感谢您的关注！ 以上内容为证券之星据公开信息整理，由AI算法生成（网信算备310104345710301240019号），不构成 投资建议。 当日关注点 来自交易信息汇总：1月9日主力资金净流入2470.97万元，显示主力对南风股份的积极介入。 交易信息汇总资金流向 1月9日主力资金净流入2470.97万元；游资资金净流出2619.25万元；散户资金净流入148.28万元。 ...

募资加码核心业务 2025年6月，上交所正式受理易加增材科创板IPO申请。此次公司拟募集资金12.05亿元，重点投向金属 3D打印扩产、产业化项目及研发中心建设等核心方向。 招股书披露的财务数据，勾勒出公司清晰的高成长曲线。2022至2024年，公司营业收入从2.47亿元增长 至4.71亿元，复合增长率达38.06%；公司归母净利润从2892.60万元攀升至9881.34万元，盈利能力持续 凸显。 业绩增长的背后，是硬核技术实力的坚实支撑。根据招股说明书披露，公司曾牵头承担了科技部组织的 3项国家重点研发计划。截至2025年8月，公司累计超130余项授权专利，其中拥有50发明专利、45项软 件著作权，牵头或参与制定14项国家标准及行业标准，国家级重点专精特新"小巨人"资质名副其实。其 中，公司深耕十余年的粉末床金属3D打印技术，成功攻克多激光拼接精度、风场均一性、超重载成型 平台精度三大行业痛点，为商业航天制造扫清关键技术障碍。 2026年初，商业航天指数连续四个交易日走高，总市值突破8.9万亿元，跨年行情中，相关主题指数累 计涨幅超60%，商业航天正成为资本市场与产业界共同聚焦的核心赛道。 作为商业航天核心 ...

Group 1: Aerospace Industry - China plans to apply for frequency resources for over 200,000 satellites by December 2025, indicating a strategic national focus on satellite technology [1] - The U.S. FCC has approved SpaceX to deploy an additional 7,500 Starlink satellites, increasing the total to approximately 15,000, enhancing global broadband coverage and competitive edge in satellite communications [1] Group 2: Renewable Energy and Battery Industry - From April 1, 2026, China will cancel VAT export rebates for photovoltaic products and reduce the rebate rate for battery products from 9% to 6%, leading to a potential surge in exports before the policy takes effect [4][5] - The solar energy sector accounts for about 10% of China's aluminum demand, and the upcoming policy changes are expected to positively impact aluminum demand in Q1 [4] Group 3: Market Trends and Investment Strategies - Analysts suggest that the current market sentiment is driven by emotions and liquidity, with expectations of continued upward movement in A-shares, particularly in technology and robotics sectors [12] - The spring market rally is anticipated to continue, with a focus on sectors that show strong performance and potential for growth, despite short-term volatility [12][13] Group 4: Robotics Industry - Hangzhou Xinjian Electromechanical Transmission Co., Ltd. has initiated listing guidance, recognized as a primary supplier for humanoid robots [17] - At CES 2026, AAC Technologies showcased a comprehensive humanoid robot solution, indicating advancements in robotics technology [18] Group 5: AI and Computing - DeepSeek is set to launch a new AI model with enhanced code generation capabilities, reflecting ongoing advancements in AI technology [20] - Tencent's new chief scientist highlighted that the productivity gains from current AI models are just beginning to be realized, with significant commercial opportunities ahead [20] Group 6: Rare Earth Industry - Chinese state-owned enterprises have notified some Japanese companies of the termination of new sales contracts for rare earths, marking a significant shift in trade relations [23] - The price index for rare earths has been launched, with recent data showing a slight increase in prices for praseodymium and neodymium [25]

1. 速度革命：F1系列高温连续纤维打印机的成型速度是同类产品的2-4倍，支持PEEK、PEKK等航空航天级材料。 创客君获悉， 苏州纤意融飞科技有限责任公司（以下简称"纤意科技"）近日宣布完成 千万元人民币的种子轮融资，由 泰伦资 本独家领投。 本轮融资将用于技术研发与团队扩充，进一步推动产业化落地。 纤意科技成立于2025年10月，是一家专注于3D打印技术研发的高新技术企业， 由95后海归博士薛博创立，核心团队汇聚了多 位海归博士及资深市场总监。 团队成员均来自顶尖高校与跨国企业，拥有深厚的材料科学研发背景，致力于开发适合大规模产业应用的多轴大尺寸连续纤 维3D打印技术。 据了解，连续纤维3D打印是一种将连续纤维增强材料（如碳纤维、玻璃纤维、芳纶纤维）与热塑性树脂基体同步挤出的增材 制造技术，可显著提升零件的力学性能，突破传统工艺的实现轻量化与高强度的结合。 传统的连续纤维3D打印技术一直受制于"成型速度慢、层间强度差、路径规划算法不成熟"等问题，而纤意科技通过多年研 发，开发出国产首台大尺寸多轴连续纤维3D打印机，实现核心技术突破： 2. 强度突破：独家界面改性技术显著提升纤维层间粘合强度，解决了层间强 ...

招商证券发布研报称，中国3D打印市场规模预计2025年达到700亿(+30%)，其中下游占比为工业机械 (20%)/航空航天(17%)/汽车(14%)/消费电子(13%)，3D打印在航空航天从结构减重转向发动机动力应用 纵深突破。下游应用领域看，商业航天已成为核心主线，未来聚焦可重复使用火箭的高频验证迭代需求 和卫星的批量交付需求。此外，26年是消费电子金属3D打印大规模生产元年。 招商证券主要观点如下： 3D打印行业：增材制造奇点已至，从小众走向主流 3D打印主要分为四个核心步骤：数字建模→切片处理→实体打印→后处理。对比传统减材(雕刻/车床加 工等)/等材制造(注塑/锻造等)，3D打印增材制造核心在于5点优势：定制化、缩短研发周期、复杂件一 体化、降低小批量生产成本、材料多元适配突破限制。从技术路线看，按材料可分为金属与非金属，按 成型原理可分为挤出成型/光固化成型/烧(粘)结成型三大类、7大技术路线(SLM、EBM、LENS、SLA、 FDM、3DP、PJ)。 航空航天/汽车/电子/消费产业共振，3D打印迎来行业爆发 2024年全球3D打印市场规模219亿美元(+9.31%)，按技术划分非金属路线以FD ...