Core Viewpoint - Shenzhen Intelligent Technology Co., Ltd. (ELEGOO) has completed a new round of strategic financing worth hundreds of millions of RMB, with DJI as the investor, and has shown a compound annual growth rate (CAGR) of over 40% in the past three years [1][5] Company Overview - Founded in 2015, the company focuses on the research, production, and sales of consumer-grade 3D printers and laser engraving machines, aiming to lower the creative threshold for global users through high cost-performance and intelligent products [2][4] - The company plans to achieve annual revenue exceeding 5 billion RMB within the next three years, with projected total revenue of 1.6 billion RMB in 2024 and a growth of 30% to 50% in 2025, potentially surpassing 2.5 billion RMB [1][2] Product Lines - The core product lines include both light curing (LCD/SLA) and fused deposition modeling (FDM) technologies, maintaining a leading position in global consumer LCD 3D printer shipments for several consecutive years [2][4] - The Mars series, launched in 2019, was among the first in the global market to offer devices priced at $300 with 2K printing precision, and the upcoming Mars 5 Ultra is expected to enhance printing efficiency and quality [2][3] Market Position and Strategy - The company has successfully penetrated the dental medical field with its high-precision light curing 3D printers, which can print detailed dental models for surgical planning and teaching [3] - The OrangeStorm Giga, part of the FDM series, represents the company's entry into the industrial-grade 3D printing sector, successfully raising over $3 million on Kickstarter [3][4] Software and Ecosystem Development - The company is committed to providing integrated solutions, with the launch of its self-developed slicing software, SatelLite, designed specifically for light curing 3D printing, set to release in November 2024 [3][4] - In 2025, the company will introduce the Matrix APP for remote device management and the Nexprint 3D model platform, completing its 3D printing ecosystem [4] Global Expansion - The company has diversified its sales platforms, including independent sites and Amazon, with products sold in over 150 countries and regions, achieving cumulative shipments of over 1 million units [4] - Following its rise to the top of the consumer LCD 3D printer market, the company is positioned to leverage DJI's strategic investment for global expansion, technology integration, and supply chain optimization [5]