October 23, Securities Times reported: ChiNext-listed company Hongrida (301285) has invested in the establishment of a wholly owned subsidiary, Hunan Hongyu Additive Materials Technology Co., Ltd., in Hunan, with registered capital of RMB 10 million and legal representative Liu Shufang; its business scope covers additive manufacturing equipment manufacturing and sales, additive manufacturing, 3D printing basic material sales, 3D printing services, metal processing machinery manufacturing, new material technology R&D, etc. This is another case of a listed company making a cross-industry move into additive manufacturing equipment, confirming the industrial appeal of additive manufacturing as an independent growth track.