记者从多个渠道独家获悉，徕芬已确定进入洗地机行业，该业务已持续至少半年，且为内部保密度极高 的项目，其洗地机业务负责人来自大疆。此前，南都湾财社就此事向徕芬方面核实，截至发稿，徕芬表 示无更多回应。 不过，徕芬也有一定的拓展基础，此前从吹风机拓展到剃须刀、电动牙刷领域，虽难替代头部玩家，但 具备 "走上牌桌" 的能力，此次入局洗地机或延续类似思路。有业内人士认为，"毕竟洗地机市场还是有 量，能从中间分个几亿，对徕芬营收有帮助"，但也有投资人直言，"洗地机这个品类真的太卷了，砸 1 个亿都没有水花"，徕芬能否在洗地机赛道跑出来，仍有待观察。 大疆系人才创业成风潮，这些明星项目值得关注 徕芬洗地机业务负责人来自大疆，这一信息再次让人关注到 "大疆系" 创业者的强大能量。在创业领 域，不少从大疆走出的人才，凭借在技术、产品等方面的积累，打造出了多个明星项目，就像一颗颗从 大疆这棵 "技术大树" 上结出的果实，在不同赛道落地生根、开花结果。 拓竹科技： 在深圳科技圈，一个由大疆前核心骨干创立的"隐秘巨头"正悄然崛起——拓竹科技（Bambu Lab）。这 家成立仅四年的公司，已切走全球消费级3D打印市场近三成份额，20 ...

智通财经APP获悉，申万宏源发布研报称，2D图像转3D模型逐步成熟，将提升消费级3D打印的"可玩 性"，有望带动拉动消费级需求。多家企业发力智能多色打印技术革新。头部企业纷纷投资消费级3D打 印领域，有助于完善产业生态，加速产品迭代和市场推广。行业保持高增速，今年前三季度出口3D打 印机349.1万台接近去年全年。 1)大疆：根据天眼查信息显示，深圳市大疆创新科技有限公司投资3D打印企业——深圳市智能派科技 有限公司，大疆持有智能派的股权比例为5%;智能派成立于2015年，其业务覆盖智能硬件全产业链，深 耕光固化(SLA)与熔融堆叠(FDM)3D打印技术。2)美团：企查查信息显示，深圳快造科技有限公司发生 工商变更，新增美团关联公司汉海信息技术(上海)有限公司、成都龙珠股权投资基金合伙企业(有限合 伙)等为股东。头部企业纷纷投资消费级3D打印领域，有助于完善产业生态，加速产品迭代和市场推 广。 需求展望：行业保持高增速，出口表现积极 1)数量：根据南极熊报道，2025年前三季度我国出口3D打印机349.1万台(不含3D打印零部件)，已经接 近2024年全年出口的377.8万台(不含3D打印零部件)的总量;南极 ...

格隆汇11月25日丨奥比中光(688322.SH)在投资者互动平台表示，自2023年起，公司与消费级3D打印领 军品牌创想三维建立深度战略合作，为其多款行业标杆产品——包括3D打印机及高精度手持三维扫描 仪提供核心底层技术支撑，合作成果持续落地，进展显著；2024年，公司进一步拓展应用场景，携手佩 极眼镜推出全新"魔镜Pro+"产品，依托公司高精度人脸3D扫描与建模技术，实现个性化3D打印定制， 真正践行"一人一镜"的定制化理念。 ...

Group 1: Market Overview - The A-share market experienced a recovery on November 24, with significant rebounds in military and AI sectors, while lithium mining stocks faced severe declines [2] - Dapeng Industrial, which debuted on the Beijing Stock Exchange, saw its stock price drop by 48.05% from its peak on the first trading day [2] - Over 40 companies in the A-share market are involved in the 3D printing industry, indicating a growing interest and investment in this sector [5][6] Group 2: 3D Printing Material Innovations - A new type of 3D printing material developed by a research team at the University of Virginia is compatible with the human immune system, potentially advancing medical technologies such as organ transplantation and drug delivery [3] - The new material, which modifies the properties of polyethylene glycol (PEG), exhibits enhanced elasticity and strength, making it suitable for use in biomedical applications [3][4] - This innovative material shows promise as a high-performance solid electrolyte in advanced battery technologies, with ongoing exploration of its applications in solid-state batteries [4] Group 3: Financial Performance of 3D Printing Stocks - In the first three quarters of the year, 24 3D printing concept stocks reported net profit growth, with notable performers including Inno Laser and Chuangjiang New Materials [7] - Among these stocks, six have a rolling P/E ratio below 30, indicating potential value opportunities for investors [7][8] - The average pullback from the year-to-date highs for these 24 stocks is 21.22%, suggesting a correction phase in the market [7]

作者 | 张子怡 编辑 | 袁斯来 杨轩 近日，多位投资人及3D打印行业人士告诉硬氪，拓竹接近完成最新一轮融资，腾讯参投，公司估值或 达100亿美金。 这次融资已有前兆。今年7月30日，拓竹与腾讯云达成全面合作，旗下3D模型平台MakerWorld将全面接 入腾讯混元3D生成模型。有投资人告诉硬氪："腾讯参投后，双方未来会在软件端进行一定程度的合 作。" 硬氪就上述信息和拓竹、腾讯方面求证，双方表示消息不实。 值得注意的是，腾讯也是老牌3D打印企业创想三维的股东之一，后者正在冲击港股IPO。 拓竹则是近年来一级市场最为耀眼的独角兽企业之一。根据东吴证券研报显示，去年拓竹营收预计达到 55-60亿元，净利润接近20亿元。同时，多家媒体报道，拓竹出货量已超120万台，在全球市占率达 29%。 拓竹上一轮融资完成于2023年，投资方包括铭石投资、淡马锡、True Light、五源资本，具体投资金额 未披露。 拓竹惊人的成长速度，源于其商业模式的稀缺性：它不仅找到了一个快速增长的市场，更用领先于同侪 两代的产品迅速铺开市场。 Precedence Research的最新数据显示，全球3D打印市场规模在2024年达到2 ...

D 5 "拓竹五年前刚刚注册就上了大疆的竞业清单，至今还在。"拓竹内部人士向南都湾财社记者透露，并证 实了陶冶朋友圈内容的真实性。而此次大疆投资3D打印公司，也被外界认为是对"3D打印独角兽"拓竹 科技的亮剑。 公开资料显示，拓竹科技成立于2020年，其用前沿的机器人技术彻底改写了桌面级3D打印的行业格 局：在短短5年时间内，便在全球消费级3D打印市场做到第一。 而拓竹与大疆之间的联系，还要从创业团队的背景说起。拓竹科技的核心创业团队来自大疆：创始人陶 冶曾任大疆Mavic大产品经理、消费级无人机负责人；CTO高修峰曾担任DJI系统工程部负责人；COO 刘怀宇曾负责DJI眼镜、FPV产品；控制算法负责人陈子寒曾负责DJI云台技术，被内部称为"控制天 才"；吴伟则是原DJI高级工程师。 陶冶在朋友圈长文中表示，大疆入局3D打印行业，是因为人才走向触了前老板的逆鳞。他援引大疆董 事长汪滔十年前的一句话——"不能让竞争对手找到空当挣到了钱，他们有了钱就会和你争夺人才，那 才是最大的麻烦"，并认为这一思路被延伸应用到了当前的竞争中。 陶冶分析认为，大疆早年对拓竹的态度相对宽松，一定程度上是出于"去拓竹总好过去影石，至 ...

Core Insights - Shenzhen maintained its position as the leading city in mainland China for import and export activities, achieving a total trade volume of 3.74 trillion yuan in the first ten months of the year [1] - The export value reached 2.27 trillion yuan, while imports totaled 1.47 trillion yuan, reflecting a year-on-year growth of 6.8% [1] Trade Composition - General trade accounted for 53.5% of Shenzhen's total import and export value, with a volume of 2 trillion yuan [1] - Bonded logistics contributed 26.8% with 1 trillion yuan, growing by 7.2%, while processing trade made up 19.2% with 717.9 billion yuan, increasing by 2.4% [1] Enterprise Participation - Private enterprises dominated the trade landscape, accounting for 68.5% of the total import and export value, amounting to 2.56 trillion yuan [1] - Foreign-invested enterprises showed a robust growth of 13.2%, reaching 1.05 trillion yuan, which constituted 28% of the total [1] - State-owned enterprises had a trade volume of 125.88 billion yuan [1] Trade Partners - The top ten trading partners represented nearly 80% of Shenzhen's total trade, with a combined import and export value of 2.93 trillion yuan, growing by 1.9% [1] - Key trading partners included Hong Kong, Taiwan, the EU, South Korea, Japan, and Mexico, with respective trade values of 638.33 billion yuan, 411.46 billion yuan, 384.13 billion yuan, 201.87 billion yuan, 179.18 billion yuan, and 52.1 billion yuan [1] Export Performance - The export of mechanical and electrical products reached 1.72 trillion yuan, growing by 4% and accounting for 75.7% of total exports [2] - Traditional electronic information products, such as computers and audio-video equipment, saw exports of 263.96 billion yuan and 75.59 billion yuan, with growth rates of 9.6% and 6.5% respectively [2] - Emerging industries also experienced significant growth, with lithium batteries, 3D printers, and medical devices exporting 70.06 billion yuan, 6.75 billion yuan, and 25.12 billion yuan, reflecting growth rates of 35.6%, 19.8%, and 5.5% respectively [2]

进口方面，呈现"生产性需求强劲，粮食、水产品需求升级"的双重特征。前10个月，深圳进口机电产品 1.2万亿元，增长8.5%，占同期深圳进口总值的（下同）81.6%。其中，进口集成电路6615.3亿元，增长 18.4%；进口以显卡、服务器为主的电脑零部件2427亿元，增长12.3%。反映出全球半导体市场复苏背 景下，深圳作为电子制造基地对高端芯片、核心零部件的刚性需求。同期，进口农产品822.6亿元，增 长10%，占5.6%。其中，粮食、食用水产品分别进口97.3亿元、92.7亿元，增长高达107.7%、36.2%。 数据显示，在全球贸易环境复杂多变、国内产业结构加速调整的背景下，深圳传统电子信息产业和新兴 产业相关产品出口逆势增长。其中，深圳机电产品出口延续主导地位，出口1.72万亿元，增长4%，占 比达75.7%。传统电子信息领域，电脑及其零部件、音视频设备及其零件分别出口2639.6亿元、755.9亿 元，分别增长9.6%、6.5%，增幅较高。新兴产业中，锂电池、3D打印机、医疗器械分别出口700.6亿 元、67.5亿元、251.2亿元，分别增长35.6%、19.8%、5.5%，成为出口增长的"新引擎"。 ...

封面来源 | 豆包AI 当社交平台上的年轻人，开始热衷于展示他们通过3D打印机收获的各类潮玩IP产品、桌面小物件时，一门新的生意正在爆发。 资本密集入局，继高瓴资本、美团之后，大疆也开始押注3D打印机企业。头部3D打印机企业大多诞生于深圳，头部玩家之一为拓竹科技。 据36氪报道，拓竹科技在资本市场估值早已超过300亿元，去年超120万台出货量，在全球市占率达29%。而已经在港交所递交招股书的创想三维，也正在 冲击"消费级3D打印第一股"。 3D打印市场集中度较高，排名前五的企业几乎占据了九成市场份额，而这些头部企业背后，如今站满了投资机构。 在刚刚过去的"双11"，叠加各项补贴之后，很多用户用800元左右的价格，便拿下了一台3D打印机。当价格、使用门槛大幅降低，兼具情绪价值和创造力 的3D打印市场正在爆发，随着资本、巨头企业密集涌入，新一轮厮杀也正式开启。 800元 一台，年入55亿，3D打印在爆发 3D打印机正成为社交平台上一项新的时尚单品。 一类是潮玩用户，他们不仅通过3D打印出Labubu、星星人等热门IP产品，还有Hello kitty盘子、皮卡丘纸巾盒等，另一类是家长们晒出的由不同年龄的青 少年，打 ...

Core Insights - Shenzhen maintained its position as the leading city in mainland China for import and export value, reaching a total of 3.74 trillion yuan in the first ten months of 2025, with exports at 2.27 trillion yuan and imports at 1.47 trillion yuan, reflecting a year-on-year growth of 6.8% [1][2] Group 1: Export Performance - The export of mechanical and electrical products continued to dominate, amounting to 1.72 trillion yuan, a growth of 4%, accounting for 75.7% of total exports [1] - Traditional electronic information products, such as computers and audio-video equipment, saw significant export increases, with computers and components exporting 263.96 billion yuan (up 9.6%) and audio-video equipment exporting 75.59 billion yuan (up 6.5%) [1] - Emerging industries contributed to export growth, with lithium batteries, 3D printers, and medical devices exporting 70.06 billion yuan (up 35.6%), 6.75 billion yuan (up 19.8%), and 25.12 billion yuan (up 5.5%) respectively [1] Group 2: Import Dynamics - Imports showed strong production demand and an upgrade in food and seafood requirements, with total imports reaching 1.47 trillion yuan, an increase of 8.5% [2] - Mechanical and electrical products accounted for 1.2 trillion yuan of imports, representing 81.6% of total imports, with integrated circuits at 661.53 billion yuan (up 18.4%) and computer components at 242.7 billion yuan (up 12.3%) [2] - Agricultural imports totaled 82.26 billion yuan, growing by 10%, with significant increases in grain and seafood imports at 9.73 billion yuan (up 107.7%) and 9.27 billion yuan (up 36.2%) respectively [2] Group 3: Trade Partners and Market Composition - Shenzhen's total trade with its top ten partners reached 2.93 trillion yuan, a growth of 1.9%, accounting for 78.5% of total trade [2] - Trade with Hong Kong and Taiwan increased by 10.6%, with values of 638.33 billion yuan and 411.46 billion yuan respectively [2] - Exports to the EU, South Korea, Japan, and Mexico showed varied growth rates, with increases of 2.9%, 8.2%, 17.1%, and 0.9% respectively [2] Group 4: Market Participants - Private enterprises played a crucial role in foreign trade, with a total import and export value of 2.56 trillion yuan, representing 68.5% of the total [3] - Foreign-invested enterprises also showed robust growth, reaching 1.05 trillion yuan (up 13.2%), accounting for 28% of total trade [3] - State-owned enterprises had a total import and export value of 125.88 billion yuan [3] Group 5: Trade Methods - General trade accounted for 2 trillion yuan, or 53.5% of total trade, while bonded logistics and processing trade contributed 1 trillion yuan (up 7.2%) and 717.91 billion yuan (up 2.4%) respectively [3]