Creality Submits Hong Kong IPO Application as 3D Printing Evangelist with Annual Revenue Exceeding 2.2 Billion

Last year, 3D printing manufacturer Creality, with revenue exceeding 2.2 billion yuan, has finally officially launched its IPO.

According to Nanjixiong, on August 14, 2025, "3D printing industry evangelist" Shenzhen Creality 3D Technology Co., Ltd. submitted its listing application to the Hong Kong Stock Exchange, with CICC as the sole sponsor.

Antarctic Bear downloaded this over 560-page prospectus overnight and found a large amount of information disclosed for the first time.

Creality is a world-leading provider of consumer-grade 3D printing products and services. Their products and services mainly include 3D printers, 3D printing materials, and various services offered on Creality Cloud, a global online community focused on 3D printing content. Additionally, they have developed ecosystem products around users, such as 3D scanners, laser engravers, accessories, etc. Recently, they also launched Nexbie, an overseas e-commerce platform for 3D creative finished products. Various products and services form their own ecosystem around the users. In March 2025, at the Asia TCT exhibition, 3DPrint.com provided a detailed report on the Creality ecosystem, as detailed in "Creality 3D Ecosystem Strategy Release: Building a Global 3D Printing Ecosystem with an Open and Win-Win Attitude."

The sales network of Creality 3D mainly consists of online stores and offline distribution channels. As of March 31, 2025, it has 74 self-operated online stores and 2,163 distributors, with a sales network covering approximately 140 countries and regions worldwide.

Chuangxiang 3D Technology's revenue comes from the sales and provision of (i) 3D printers; (ii) 3D printing consumables; (iii) 3D scanners; (iv) laser engraving machines; (v) accessories and others; and (vi) 3D printed products and services, primarily referring to (a) membership subscription fees; (b) proceeds and commissions from 3D model transactions; and (c) proceeds from the sales of 3D printed products.

△Composition and revenue data of Chuangxiang 3D products. Products such as 3D printers, consumables, 3D scanners, and laser engraving machines are continuously growing; especially 3D scanners, which saw several times year-on-year growth in Q1 2025.

Nanjixiong noticed that Creality's revenue in 202213.46 billion in revenue and 103 million in profit.2023 Revenue18.82 billion, profit 128 million.Revenue in 2024 is 2.288 billion, with a profit of 88.66 million; Revenue in the first quarter of 2025 reaches 708 million.

In terms of gross profit, Creality recorded gross profits of RMB 387 million, RMB 599 million, RMB 707 million, RMB 186 million, and RMB 249 million for the years 2022, 2023, 2024, and the three months ended March 31, 2024, and 2025, respectively. The gross profit margins for the same periods were 28.8%, 31.8%, 30.9%, 34.0%, and 35.2%, respectively.

Previously, Creality secured financing and brought in several well-known investment institutions, including Qianhai FOF Fund, Shenzhen Capital Group, Tencent Investment, AVIC Pingshan, Ren Zhe Bu You, and Guoxin Southern No. 4 Fund, among others.

As of the date of the prospectus, Creality has obtained 840 authorized patents in China and overseas, including 107 invention patents, and has 1,179 patents pending. In terms of self-owned properties, Creality already owns 13 buildings or units with a total gross floor area of 266,000 square meters, mainly used as production sites.

△Creality 3D Scanner

Nanjixiong has noticed that 3D printing is developing rapidly and competition is becoming increasingly fierce, with different manufacturers having different development strategies. Creality hopes to create a global 3D printing ecosystem with an open mindset and to carve out its own unique path.

△Creality Laser Engraving Machine

Chuangxiang Ecosystem is an open and win-win 3D printing ecosystem built by Chuangxiang 3D, aiming to provide users with comprehensive support and solutions by integrating and optimizing various 3D-related products and services. Its core philosophy is driven by user needs. The Chuangxiang Ecosystem is not limited to 3D printers themselves; it encompasses multiple aspects from 3D spatial scanners, subtractive laser engravers to corresponding consumables and accessories, software services, and a 3D creative product e-commerce platform. Its core logic is to drive the entire ecosystem layout based on user needs, helping general consumers apply 3D ecological products and technologies, enjoy the resulting fun, and innovate their work and lifestyle.

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