On October 16, 2026, Boqian New Materials responded via its investor interaction platform to questions about copper powder production capacity, disclosing that the main construction of its 800-ton-per-year high-performance ultrafine copper powder project has been basically completed. The company also confirmed that after the copper powder technical upgrade at its Suqian base is completed, the effective capacity ceiling will differ across copper powder specifications due to different process requirements, and that it will dynamically adjust capacity planning based on downstream demand and its own operating conditions. The key information disclosed this time centers on project milestones: the Ningbo 800-ton high-performance ultrafine copper powder project has moved past the main construction phase and entered subsequent equipment installation and commissioning, but the company did not provide a clear timetable for production startup. On capacity, Boqian New Materials did not disclose specific tonnage figures for the Suqian base after the technical upgrade, only emphasizing that different capacity ceilings apply to different product specifications. This means its copper powder supply mix will fluctuate with the combination of order specifications, making it difficult for buyers to lock in total supply volume based on a single number. For the metal additive manufacturing supply chain, ultrafine copper powder is a key raw material for copper alloy laser printing, electron beam melting, and some binder jetting processes. Particle size control and batch-to-batch stability directly affect powder bed quality and the density of formed parts. The completion of the main construction of Boqian New Materials' new 800-ton ultrafine copper powder capacity means an additional large-scale option will be added to domestic high-purity ultrafine copper powder supply. However, the pace of production startup still depends on equipment commissioning and market introduction progress, so the near-term actual impact on the supply-demand landscape will be limited. Value for powder buyers: ① Watch for equipment commissioning and trial production announcements for the Ningbo 800-ton project, and secure ultrafine copper powder samples in advance for process validation; ② Confirm with suppliers the logic for allocating effective capacity across different copper powder specifications to avoid estimating lead times based on a single grade; ③ Include the post-upgrade capacity of the Suqian base in the evaluation of alternative supply sources to diversify single-origin risk.