Industry

Bright Laser Technologies' Equipment Business Grows 35%, with Printing Services Poised for Synergistic Volume Ramp-Up

2026-11-03

Bright Laser Technologies (BLT) disclosed its operating data for the first three quarters of 2026 on November 4, 2026, reporting revenue of RMB 1.260 billion, up 8.54% year-on-year; net profit attributable to shareholders fell 30.99% year-on-year, mainly dragged down by increased R&D investment and exchange losses. Third-quarter revenue alone was RMB 490 million, down slightly 0.79%, with gross margin maintained at 39.07%. According to an institutional research report, the company's equipment business revenue grew 35.20% in the first half, significantly outperforming overall growth. In terms of business structure, BLT's customized printing services and metal powder materials revenue grew 7.19% and 12.33%, respectively, together with the equipment business forming a closed-loop additive manufacturing ecosystem. The research report notes that equipment deliveries will drive subsequent consumables and service orders, creating strong stickiness and sustainability. Meanwhile, the company's RMB 1 billion industrial base in Taicang will boost high-end capacity, alleviating pressure from currently high inventory levels and construction in progress. BLT's three businesses—equipment, metal powder materials, and printing services—form a complete additive manufacturing ecosystem, and the research report believes this synergistic model is shifting from an investment phase to a pay-off phase. The consumables and service orders driven by equipment deliveries are directly linked to the continuous consumption and repeat-purchase demand for metal powder materials.

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铂力特设备业务高增35% 打印服务协同放量在即

铂力特于2026年11月4日披露2026年前三季度经营数据，公司实现营收12.60亿元，同比增长8.54%；归母净利润同比下降30.99%，主要受研发投入增加和汇兑损失拖累。其中第三季度单季营收4.90亿元，微降0.79%，毛利率维持在39.07%。机构研报显示，公司设备业务上半年收入增长35.20%，大幅跑赢整体增速。从业务结构看，铂力特定制化打印服务与金属粉末材料收入分别增长7.19%和12.33%，与设备业务共同构成增材制造生态闭环。研报指出，设备交付将带动后续耗材与服务订单，形成强粘性与持续性。同时，公司太仓10亿元产业基地建设将提升高端产能，缓解当前存货高企与在建工程压力。铂力特设备、金属粉末材料与打印服务三项业务构成完整增材制造生态，研报认为该协同模式正从投入期转向兑现期。设备交付带动的后续耗材与服务订单，直接关联金属粉末材料的持续消耗与复购需求。

🧪 Related Material Grades

Metal powder grades mentioned in this article — specs, live prices & verified suppliers

316L Stainless Steel Powder

15-45 µm / 15-53 µm

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17-4PH Stainless Steel Powder

15-45 µm / 15-53 µm

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Ti-6Al-4V (Grade 5) Titanium Powder

15-45 µm / 15-53 µm / 45-105 µm

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AlSi10Mg Aluminum Alloy Powder

15-45 µm / 20-63 µm

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Inconel 718 Nickel Superalloy Powder

15-45 µm / 15-53 µm

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18Ni300 Maraging Steel Powder

15-53 µm

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Related News

Metal 3D Printing Poised to Enter the Value Chain

Saba Steel & Rolling Company and the MSTID Fund announced a partnership on November 4, 2026, to advance the localization of additive manufacturing technology. Arash Hajipour, Technical Manager at Saba Steel & Rolling Company, said at an "Additive Manufacturing" roundtable hosted by IRASIN that the two parties have launched joint research and evaluation in this field. Mohammadreza Momtaz, Deputy for Investment and Corporate Governance at the MSTID Fund, also attended the meeting, which examined additive manufacturing technology and the opportunities facing Iran's steel industry from technical, economic, and investment perspectives. Hajipour said Saba Steel & Rolling Company launched a product portfolio expansion plan about seven years ago and has expanded its manufacturing grades from 5 to more than 100. He noted that the superalloys, stainless steels, and metal powders required for 3D printing face multiple constraints, including availability, pricing, and import lead times; in some cases, procuring the powder needed for 3D printing equipment takes about six months and is costly. Traditional manufacturing methods, especially for complex parts, require multiple production and finishing steps and often generate substantial raw material waste. By contrast, 3D printing enables high-precision, fast production of complex parts fully to end-customer specifications and supports single-unit or small-batch production without the need to reach a specific output volume to spread mold design and manufacturing costs. Hajipour said the global technology trend is shifting from producing raw materials in plate or billet form and then processing them through multiple forming and finishing steps to directly manufacturing final products through 3D printing. Against this backdrop, combining steel companies' capabilities with venture capital and technology development capabilities can lay the foundation for building a local additive manufacturing value chain. Metal powder, as the raw material for 3D printing, is a key link in the development of local additive manufacturing.

2026-11-05

Building Cars in a "Super Printing Factory"

The China FAW Additive Manufacturing Innovation Center was officially inaugurated in August 2026, becoming China's first additive technology platform focused on automotive applications. The center is equipped with 43 machines operating 24 hours a day, covering metal printing and stereolithography processes, and can produce 19,000 parts per year in batches, spanning the full business chain from design styling reviews and R&D validation prototypes to small-batch part production, tooling and auxiliary fixtures, and personalized custom products. FAW's additive manufacturing efforts began in 2019 with the introduction of its first machine, and by 2022 the equipment fleet had expanded from 4 to more than 20 machines. The center's team has mastered 8 processes, with members specializing in materials, mechanical engineering, vehicles, design, and other fields, all of whom must gain hands-on proficiency through job rotation. Issues encountered in print trials, such as microcracks, material porosity, and shrinkage cavities, are being avoided by predicting crack locations through structural stress simulation and process forming simulation at the data design stage. The team also collaborates with Jilin University, Harbin Institute of Technology, and Xi'an Jiaotong University on technology cooperation and talent development. In terms of production applications, FAW applied additive manufacturing processes to volume vehicle production as early as 2020, and Hongqi is one of the few domestic automotive brands to achieve mass-production implementation of this technology. In practice, the team consolidated 52 parts of the front cabin and subframe into 4 parts, reducing total part weight from 74 kg to 57.7 kg while increasing system stiffness to 1.16 times its original value. The 13 categories and 64 full-color parts used in the restoration of two classic Hongqi models, the CA770JH and CA771, are produced by the center; the Hongqi Golden Sunflower series interior solution combines additive printing with leather wrapping, cutting overall production costs by 50% compared with traditional tooling-based production.

2026-11-04

Nickel Powder Optimization Cuts TOPCon Solar Cell Metallization Cost by 6.8% Without Efficiency Loss

The University of New South Wales (UNSW), together with SunDrive and Shenzhen APG, partially substituted silver powder with nickel powder in the rear-side metallization of TOPCon solar cells, achieving a 6.8% reduction in raw-metal cost for rear fine-grid fingers (about US$561,500/GW) with almost no impact on cell efficiency. The findings were disclosed to pv magazine by corresponding author Ning Song. The experiments were based on two commercial nickel powders, Ni-1500 and Ni-4000. The team formulated five rear-side pastes containing 90% metal powder, 2% glass frit, and 8% organic vehicle. Using pure silver paste as the baseline, the other four pastes incorporated 5% to 15% nickel into the metal powder, using Ni-1500 with a particle size of about 1.5 μm and Ni-4000 with about 3.8 μm. The pastes were screen-printed onto 182 mm × 183.75 mm n-type TOPCon cells, then dried, co-fired at a peak set temperature of 724 C, and treated with laser-enhanced contact optimization (LECO). Each formulation covered at least 12 cells and was run across two industrial production lines. Results showed that the finer Ni-1500 powder, with higher specific surface area and oxygen content, caused greater resistive loss at the same nickel loading: at 5% loading, efficiency remained at the baseline of 26.349%; at 10% loading, it dropped to 26.124%, a decrease of 0.225 percentage points. In contrast, the 10% Ni-4000 formulation reached 26.325% efficiency, only 0.024 percentage points below the baseline. Microscopic analysis showed that high-loading Ni-1500 formulations had more voids and poorer silver network continuity. Nickel substitution also increased printed fine-grid finger width and paste consumption, and at higher loadings the additional paste consumption offset part of the expected benefit. The study did not involve metal additive manufacturing or powder-bed processes, and the news item mentioned no other direct connection to 3D printing powder applications.

2026-11-04

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