On August 19, 2026, Suzhou Ronsu Intelligent Manufacturing Technology Co., Ltd. (Ronsu Tech), a provider of metal wire-fed additive manufacturing equipment and services, announced the completion of a nearly RMB 100 million Series A+ funding round, exclusively invested by Kunlun Capital. The funds will be used for R&D of next-generation additive manufacturing technologies. The company also unveiled its new brand "SnowX Technology" to enter the desktop metal 3D printing market, with a breakthrough desktop metal 3D printer slated for release this year. In the first half of the year, the desktop-level Laser Mini was launched, while the industrial-grade Robo L1 and research-grade Laser One have entered volume delivery. Founded in 2020, Ronsu Tech specializes in DED (Directed Energy Deposition) wire-fed technology, primarily using stainless steel, titanium alloy, and superalloy wire materials. Value for powder buyers: 1) The proliferation of desktop metal printing is expected to open new consumer scenarios for metal materials, with demand for wire and small-format powder for desktop devices growing alongside shipment volumes; 2) The expansion of the DED wire-fed route will drive higher demand for titanium alloy, stainless steel, and superalloy wire, making complementary supply-chain positioning in both wire and powder worth attention; 3) Continued capital investment in the metal additive manufacturing equipment sector signals industry vitality that will transmit to the upstream materials segment, improving financing conditions for leading powder and wire suppliers.