Group 1: Market Overview - The total scale of stock ETFs reached approximately 3 trillion yuan in Q2 2025, with a market value share of 3.7%, marking a historical high [9] - Active equity public funds saw a decline in market value share from a peak of 6.2% in 2021 to 3.0% in Q2 2025 [9] - Significant increases in ETF shares were noted in sectors such as banking, liquor, semiconductors, artificial intelligence, robotics, military industry, gold, and rare earths [9] Group 2: Investment Opportunities - The RWA (Real World Asset) market has seen rapid growth, with on-chain asset scale reaching 25.52 billion USD by July 16, 2025, and 310,573 asset holders [11][12] - The global market for consumer-grade 3D printers is projected to reach 7.1 billion USD by 2028, with a compound annual growth rate of 19.2% [14] - The Low Dk electronic cloth market is expected to have an annual average market space of around 10 billion yuan by 2028, driven by the demand for high-speed transmission [19] Group 3: Sector Analysis - In Q2 2025, active equity public funds increased their holdings in sectors such as telecommunications, media, agriculture, military, and finance, while reducing exposure to automotive, food and beverage, social services, electric equipment, and steel [9] - The electronic industry maintained a high holding of 18.8%, with semiconductors comprising half of this proportion, indicating a crowded sector [10] - The pharmaceutical sector showed significant internal structural differentiation, with chemical pharmaceuticals receiving substantial increases in holdings, while other areas like medical outsourcing and hospitals saw reductions [12] Group 4: Company-Specific Insights - The company Jin Tian Titanium Industry (688750) is positioned as a leader in high-end titanium alloy technology, with a focus on aerospace and marine applications [20][22] - The company Jieput (688025) reported an earnings forecast that exceeded expectations, indicating a growing demand in consumer-grade applications [21][22] - The company is expected to achieve a revenue of 8.08 billion yuan in 2024, with a net profit of 1.52 billion yuan, reflecting a year-on-year growth of 3.04% [20]

Group 1 - The Ministry of Industry and Information Technology of China has released the 2025 work points for the integration of informatization and industrialization, emphasizing the "Artificial Intelligence + Manufacturing" initiative to support enterprises in applying general and industry-specific large models and intelligent agents in key scenarios [2] - The 3D printing industry is identified as a key area for AI empowerment, showing trends of popularization, intelligence, and autonomy, with expectations for higher quality development as the "Artificial Intelligence + Manufacturing" initiative is implemented [2][3] - AI is lowering the barriers to entry for 3D printing, enabling ordinary users to design complex products through AI-assisted modeling, thus transforming 3D printing from a professional tool to a mass-market application [3] Group 2 - The user demographic for consumer-grade 3D printing devices is shifting from skilled "makers" to a broader audience, including ordinary users, as AI facilitates the entire process from modeling to final product [3] - The application scenarios for consumer-grade 3D printing are expanding into areas such as home DIY, education, and maker spaces, driven by AI's ability to assist users in completing the entire workflow independently [3] - In the industrial-grade 3D printing sector, the integration of AI is transforming personalized medical applications from "experience-driven" to "data-driven" approaches, exemplified by digital orthodontic treatment models supported by 3D printing and AI technologies [3] Group 3 - AI is rapidly integrating into the manufacturing processes of 3D printing, enhancing the intelligence, efficiency, and usability of 3D printing equipment, thereby reshaping the competitive landscape and technological barriers of the industry [5] - AI is involved in the entire lifecycle of 3D printing products, from design to production and post-processing, reconstructing the industry's value and transitioning 3D printing from a "manufacturing tool" to an "intelligent system" [5] - AI's closed-loop control capabilities monitor defects during printing and adjust parameters in real-time, improving the stability and success rate of 3D printing operations [5] Group 4 - The development model of 3D printing is evolving from "human + experience" to "autonomous operation" through the integration of AI and digital twin technologies [6] - AI-driven software can detect various parameters of 3D printed products in real-time, allowing for corrective actions to be taken during the printing process [6] - The future of 3D printing is expected to achieve a fully AI-driven design process, creating a new manufacturing ecosystem characterized by on-demand creation and zero waste [7] Group 5 - The production chain of 3D printing is predicted to evolve towards a "fully autonomous operation" model, integrating AI and digital twin technologies for comprehensive decision-making regarding product processes, structures, and performance [8] - AI large models are anticipated to possess capabilities for perception, planning, execution, and reflection in the production of 3D printed products, leading to a platform system that enables "one-click printing" with zero human intervention [8]

Investment Rating - The report indicates a positive investment outlook for the consumer-grade 3D printing industry, highlighting significant growth potential driven by various demand factors and technological advancements [3][79]. Core Insights - The consumer-grade 3D printing market is expected to reach USD 7.1 billion by 2028, with a compound annual growth rate (CAGR) of 19.2% from 2022 to 2028 [3][83]. - Key demand drivers include the rise of the maker movement in Europe and the U.S., the DIY culture, and the increasing consumer interest in personalized products [3][39]. - The supply side is characterized by technological advancements, a diverse material spectrum, and the establishment of community ecosystems that enhance customer engagement [3][91]. Summary by Sections 1. Market Overview - The consumer-grade 3D printing market is primarily designed for individual users and small businesses, offering ease of use and lower costs compared to industrial-grade printers [3][10]. - The market is witnessing rapid growth, with significant contributions from the U.S. and European markets, driven by high consumer spending power and interest in technology [3][47]. 2. Demand Drivers - The report identifies four main demand drivers: 1. The "garage innovation" culture in the U.S. and Europe, which promotes the adoption of desktop devices [3][39]. 2. The DIY trend among consumers, allowing for personalized product creation [3][40]. 3. The tool-like attributes of 3D printers for small businesses and educational institutions [3][59]. 4. The influence of trendy collectible products that enhance consumer interest [3][70]. 3. Supply Trends - The supply side is evolving with advancements in technology, including multi-functional devices and AI integration, which lower operational barriers for users [3][91]. - The materials used in 3D printing are becoming more diverse, allowing for a wider range of applications [3][106]. - Community ecosystems are being built to retain customer loyalty and encourage new entrants through crowdfunding opportunities [3][110]. 4. Key Players - Core companies identified in the report include: 1. Key components: Jieput, Ruike Laser, and Jinchengzi [3]. 2. 3D scanning accessories: Sikan Technology and Orbbec [3]. 3. Materials: Haizheng Materials, Huitong Technology, and Jialian Technology [3]. 4. Complete machines: Anker Innovation and others [3][28]. 5. Market Statistics - In 2024, China's 3D printer exports are projected to reach USD 1.147 billion, with a year-on-year growth of 31.09% [3][80]. - The report notes that over 90% of entry-level 3D printers globally are supplied by Chinese manufacturers, indicating a strong competitive position in the market [3][88].

Core Viewpoint - A team from the Swiss Federal Institute of Technology in Lausanne has developed a 3D-printed programmable lattice structure that can create various biological tissues using a single foam material, ranging from soft muscle to hard bone, opening new pathways for biomimetic robot design [1] Group 1 - The new technology allows for the printing of multiple types of biological tissues from a single material [1] - The research was published in the latest issue of the journal "Science Advances" [1] - This advancement could significantly impact the field of biomimetic robotics [1]

Core Insights - The "2025 (Fourth) Polymer 3D Printing Materials Summit Forum" was successfully held on July 19 in Hangzhou, focusing on the research and application of polymer 3D printing materials [1] - The forum featured over 200 experts, scholars, and industry representatives, with more than 40 industry reports presented, addressing key challenges in the 3D printing industry [1] Session Summaries - The opening ceremony included a speech by Professor Xia Hesheng from Sichuan University, emphasizing the forum's goal to foster collaboration between industry, academia, and research [4][5] - Keynote speeches covered various advanced topics, including dynamic chemical light-curing 3D printing, continuous fiber composite laser additive manufacturing, and biological 3D printing [7] - Professor Xie Tao from Zhejiang University discussed advancements in large-scale additive manufacturing using light-curing resins derived from waste plastics [8] - Professor Yan Chunze from Huazhong University of Science and Technology presented on the latest developments in continuous fiber composite robotic laser additive manufacturing, enhancing the quality and mechanical properties of complex components [9] - The forum also highlighted challenges in orthodontic treatments, with a presentation by CTO Zhu Guang on the new ActiveMemory™ light-curing resin for 3D printed orthodontic appliances [11] - Professor He Yong from Zhejiang University discussed the applications of biological 3D printing in constructing pathological models and organ regeneration [16] - Professor Xia Hesheng introduced high-speed sintering technology, emphasizing its advantages in 3D printing and the development of new high-performance elastomer materials [18] Specialized Sessions - The forum included specialized sessions on artificial intelligence and 3D printing, featuring topics such as near-infrared light-assisted ink direct writing and micro-nano electronic additive manufacturing [20][23] - The ceramic 3D printing session covered advancements in additive manufacturing technologies and applications in precision manufacturing [38][41] - The biomedical 3D printing session focused on soft biological inks and the performance of biodegradable spinal fusion devices [47][48] - The industrial 3D printing session highlighted high-performance polymer materials and their applications in aerospace [54][56] Networking and Future Outlook - The evening banquet provided an opportunity for attendees to engage in discussions about the future of the 3D printing industry and collaboration opportunities [65] - The forum concluded with a call for continued knowledge sharing and collaboration in the field, looking forward to future gatherings [72]

Group 1 - Scoliosis has become a significant health issue for the new generation of youth, with its incidence rising and being listed alongside obesity and myopia as major threats to children's health [1] - The traditional scoliosis correction devices face challenges such as high professional requirements, low levels of intelligence, and difficulties in mass production, creating a substantial market demand for improved solutions [1] - The introduction of 3D printing technology offers a breakthrough in producing scoliosis correction devices, with a highly efficient three-step production process involving 3D scanning, AI-generated design, and 3D printing [1] Group 2 - Yingpu 3D Company is the only domestic manufacturer focused on SLS (Selective Laser Sintering) technology, which encompasses various fields including process, equipment manufacturing, material research, and application development [2] - The company launched Asia's first self-developed laser sintering additive manufacturing system in 2007, filling a technological gap in the domestic market [2] - The latest products showcased at the Chain Expo demonstrate innovations in digital healthcare and supply chain efficiency through SLS 3D printing [2] Group 3 - The nylon materials used in the scoliosis correction devices are lightweight and durable, with proprietary medical-grade materials offering higher safety [4] - The scoliosis correction device has been selected as one of the first typical application scenarios by the Ministry of Industry and Information Technology, indicating improvements in product quality and patient experience due to 3D printing [4] - SLS 3D printing also caters to various orthopedic needs, including neck, wrist, ankle, and thoracolumbar braces, as well as functional insoles for conditions like flat feet [4] Group 4 - Industrial-grade SLS equipment produces high-quality, lightweight, and high-performance products, significantly shortening the production process [6] - The rapid growth of 3D printing equipment production in China, with a year-on-year increase of 43.1% in the first half of the year, reflects a shift in the manufacturing industry towards high-quality, personalized production [6] - The global transition of 3D printing technology from prototype manufacturing to mass production is evident, with China gaining competitiveness in consumer and certain industrial application markets [6]

Group 1 - As of the end of 2024, Shenzhen has 42 unicorn companies with a total valuation of $159.9 billion, with 4 super unicorns contributing 56% of this valuation [1][2] - Shenzhen leads the nation with 13 newly recognized unicorn companies, showcasing its strength in nurturing innovative enterprises [1][2] - The unicorn companies in Shenzhen are primarily concentrated in "hard technology" sectors, with 66.7% of them operating in cutting-edge technology fields [1] Group 2 - The newly recognized unicorn companies include notable names such as Honor (smart hardware), Yuanxiang XVERSE (VR/AR), and Laplace (clean energy), with Laplace being a newly listed company in the same year [2] - Shenzhen's government emphasizes the importance of supporting unicorn companies, having introduced a comprehensive action plan for 2025-2027 to foster their development [2] - The city aims to enhance its innovation ecosystem by optimizing policies, capital, and talent to become a globally influential hub for unicorn companies [2]

Core Insights - The report highlights Shenzhen's dominance in the growth of unicorn companies, with 42 unicorns and a total valuation of $159.9 billion, making it the city with the highest number of new unicorns in China [2][4] Group 1: Unicorn Growth in Shenzhen - In 2024, Shenzhen added 13 new unicorns, accounting for 25% of the national total, while the overall number of new unicorns in China decreased by 10 [2] - Shenzhen's unicorns have an average valuation of $3.71 billion, with a total valuation of $159.9 billion [2] - The city is the only one among "Beijing, Shanghai, Shenzhen, Guangzhou, and Hangzhou" to see an increase in unicorn numbers [2] Group 2: Characteristics of Shenzhen Unicorns - Shenzhen's unicorns are heavily concentrated in "hard technology" sectors, with 66.7% of them in advanced technology fields such as integrated circuits and robotics [4] - The average number of authorized invention patents per unicorn in Shenzhen is 141, significantly higher than Beijing and Shanghai [4] - Over 80% of Shenzhen's unicorns are global companies, expanding through overseas factories and marketing networks [4] Group 3: Regional Distribution - Nanshan District leads with 20 unicorns, accounting for 48% of the total, followed by Bao'an District with 7 [5] - Nanshan's unicorns contribute a valuation of over $70 billion, representing 45% of the total valuation [5] - The presence of two super unicorns, Honor and Huolala, significantly boosts the valuation in the Futian District, which has a total valuation of over $49 billion [5]

Core Viewpoint - The 2025 Polymer 3D Printing Materials Summit will focus on the opportunities and challenges in additive manufacturing, featuring various specialized sessions on topics such as AI integration, ceramic 3D printing, biomedical applications, and industrial advancements in 3D printing technology [3][4][5][6][7][8]. Group 1: Main Forum and Sessions - The summit will include a main forum discussing the opportunities and challenges in additive manufacturing, with presentations from experts in the field [3]. - Key topics will cover sustainable high-performance photopolymer 3D printing, continuous fiber composite materials, and bio 3D printing applications [3][4]. - The event will feature a variety of sessions on AI and 3D printing, ceramic 3D printing, and biomedical applications, showcasing the latest research and technological advancements [4][5][6][7]. Group 2: Specialized Sessions - The "AI +" and 3D printing session will explore breakthroughs in key common challenges, including near-infrared light-assisted ink direct writing and micro-nano electronic additive manufacturing [4]. - The ceramic 3D printing session will discuss trends in the industry, precision manufacturing applications, and advanced manufacturing technologies [5]. - The biomedical 3D printing session will focus on soft bio-inks, biodegradable spinal fusion devices, and the application of 3D printing technology in bone and cartilage regeneration [6][7]. Group 3: Event Logistics - The summit will take place from July 18 to 20, 2025, at the Sheraton Hangzhou Longxi Hotel, Zhejiang [13][16]. - Registration fees are set at ¥2800 for corporate and research representatives and ¥1800 for students if paid online before July 18 [20]. - The event will include opportunities for networking and exhibition visits during breaks [3][4][5][6][7].

摩方精密 将出席 2025（第四届）高分子3D打印材料高峰论坛 （7月18-20日 | 浙江 · 杭州），并 在现场展示 microArch® D0210、microArch® S230A、microArch® S240A等超高精密3D打印 设备所制作的打印样件与应用案例 。 摩方精密 （BMF Precision Tech Inc.）成立于2016年，是全球微纳3D打印技术及精密加工解决方案 的领军企业。凭借创新研发的 "面投影微立体光刻" （PμSL）专利技术，实现 2μm/10μm/25μm 超高 打印精度，且兼具±10μm/±25μm/±50μm超高公差控制能力。同时配置 韧性树脂、硬性树脂、耐高温 树脂等功能材料，生物应用材料，终端应用材料，陶瓷材料 等多类打印材料，可直接成型高精密结 构件和功能器件，无需再进行抛光、打磨、喷涂等后处理工艺，为传统生产方式难以实现的复杂结构 产品量身定制各类解决方案。 摩方精密聚焦微流控、微机械、生物医疗、新材料等科研领域，在精密医疗器械、精密电子器件等工 业领域，致力于为全球客户提供微纳3D打印设备制造、技术服务、加工工艺、材料开发及创新终端 应用场景。通过高效转 ...