On October 24, a project to produce 3,000 tonnes of 3D printing metal powder per year was signed to settle in Xuyi, Jiangsu, with a total investment of RMB 135 million and covering about 50 mu. The project plans to build 30 laser cladding additive manufacturing production lines, with core capacity focused on laser cladding processing of membrane walls; once fully operational, it is expected to generate annual industrial output value of RMB 150 million. The investor is a national high-tech enterprise and a Beijing specialized, refined, distinctive and innovative (SRDI) enterprise (not named in public reports). The company is deeply engaged in arc-sprayed cored wire, wear-resistant hardfacing and laser cladding anti-corrosion materials, operates a production base in Jiangxi, counts large enterprises such as Datang International among its customers, and has jointly established a laboratory with the University of Science and Technology Beijing.