Suzhou Hengchi Completes Tens-of-Millions-Yuan Pre-A Round: Taiyue Capital Invests Again, Green-Light Pure Copper Printing Moves Toward Volume Production
📰 News Source
This article was translated from a Chinese source.
Source URL not available
This article was translated from a Chinese source.
Source URL not available
Metal powder grades mentioned in this article — specs, live prices & verified suppliers
Germany-based GEFERTEC will exhibit a 700 kg WAAM wire-arc additive manufacturing compressor impeller at Formnext 2026 (November 17-20, Frankfurt, Berlin-Brandenburg joint booth, Hall 12.1 B101), one of the largest parts ever displayed made with the WAAM process. Also on show are a titanium alloy aircraft emergency exit frame, molds, and a first-time public reveal of a "fish-friendly" seawater pump impeller whose long airfoil-shaped blades let ingested fish pass through safely, a geometry that cannot be formed by conventional casting. Two new machines will be launched at the same time: the modular arc10X, which integrates into existing production lines and complements the arc80X with its maximum 8 m³ build volume, and the arcTitan dedicated to titanium alloys, combining plasma WAAM with a fully sealed inert atmosphere that keeps oxygen content controlled at 10-15 ppm throughout the process. Value for buyers: large structural components can replace castings and forgings with wire-based WAAM, offering high material utilization and lower overall cost than powder bed processes, making it suitable for energy, marine, and mold applications; the sealed titanium printing solution opens up the aviation structural parts market. GEFERTEC is a wholly owned subsidiary of the Berlin industrial group B.I.G. (around 360 employees) and has announced plans to launch a containerized mobile additive manufacturing system aimed at in-situ, on-site production scenarios.
2026-11-11Farsoon Technologies (688433.SH) announced a buyback plan on the evening of November 11: it intends to repurchase 25 million to 50 million yuan of its shares at a maximum price of 95.94 yuan per share (about 49% above the market price on the announcement date), to be executed through centralized bidding within three months of board approval. The funds will come from IPO over-raised proceeds, with the purpose of safeguarding corporate value and shareholder interests; the company will sell the repurchased shares under applicable rules 12 months after the buyback results are announced, and any shares not transferred within three years will be cancelled to reduce registered capital. The same board meeting also approved an increase in the comprehensive credit facility to be sought from financial institutions for 2026. Operating highlights: revenue for the first three quarters of 2026 was 510 million yuan (+28.11%), and net profit attributable to shareholders was 19.5773 million yuan (+34.48%); 3D printing powder materials accounted for 11.28% of revenue, while equipment and auxiliary components accounted for 79.64%. Buyer value: a leading domestic powder-bed equipment manufacturer is putting real money into a buyback, signaling management's confidence in the company's value and order momentum; with powder materials contributing more than 10% of revenue, the linkage between equipment installations and material consumption is shown relatively directly at an integrated manufacturer.
2026-11-11Zhongchao Holdings (002471.SZ) disclosed a report on its private placement to specific targets on the evening of November 11: 244 million shares at RMB 4.06 per share, for gross proceeds of RMB 992 million (net RMB 972 million), subscribed in cash by 17 investors, with Yixing Xingyi Guojin and Caitong Fund among the largest allotments. The proceeds mainly fund a high-end components project for aerospace engines and gas turbines: the implementing entity is its controlled grand-subsidiary Jiangsu Zhongchao Hangyu Precision Casting (Yixing, Jiangsu), with total project investment of RMB 1 billion (RMB 700 million to come from the proceeds), adding 1,000 tons per year of superalloy precision casting capacity, covering turbine casings, turbine rotors, guide vanes, combustor nozzles and other products; a further RMB 150 million will build an advanced superalloy precision forming intelligent manufacturing technology R&D project. The project has been filed and received environmental approval and has broken ground, with the new plant topped out; the construction period is 24 months, and annual revenue of RMB 1.852 billion is expected at full capacity. Customer lock-in is advancing in parallel: in September it signed a strategic procurement framework agreement with Qingdao Zhongke Guosheng, committing no less than 30% of designed annual capacity as dedicated reservation once the new plant is operational; in October it signed a strategic cooperation agreement with Beijing Zhongran Yuneng, with procurement expected to be no less than RMB 300 million over the next three years. As of the end of June, Jiangsu Precision Casting had orders in hand of RMB 60.1897 million, 2.46 times its first-half revenue. Buyer value: full capacity of 1,000 tons per year of superalloy castings will generate considerable demand for master alloys and alloy raw materials, and rising output of gas turbine and aero-engine components directly benefits superalloy powder and master alloy suppliers.
2026-11-11Follow us for metal powder pricing, news, and supplier insights — delivered daily.
Ready to source metal powders?
Tell us your requirements. We match you with verified suppliers within 24h.