On August 26, 2026, Creality (03388.HK), the first consumer-grade 3D printing company listed on the Hong Kong Stock Exchange, announced that its board has resolved to participate in a public tender for the acquisition of land use rights in the Huanan Logistics Park, Minzhi Subdistrict, Longhua District, Shenzhen. The site will be developed into an additive manufacturing business headquarters and innovation center, with total estimated investment not exceeding RMB 550 million (including land transfer fees), funded through internal resources and external financing. The project will integrate R&D, product innovation, application development, demonstration, customer service, and corporate management functions for additive manufacturing, supporting business expansion, technological advancement, and long-term growth. This transaction constitutes a disclosable transaction under Hong Kong Stock Exchange rules (exempt from shareholder approval). As of the announcement date, no formal agreement has been signed, and land acquisition is subject to the outcome of the public tender and government approvals. Creality was listed on May 29 of this year (raising approximately RMB 1.2 billion), and within just three months of its IPO, it has moved to establish headquarters-level infrastructure—announced during the Formnext Asia Shenzhen exhibition—underscoring the company's accelerated strategic shift from consumer-grade to industrial-grade additive manufacturing across the full value chain. The significant R&D investment at the headquarters level will drive the development of upstream material (including metal powder) validation and procurement systems. Value for powder buyers: 1) Creality's expansion into industrial additive manufacturing will create new procurement systems for metal powders and engineering materials; 2) The establishment of its headquarters R&D and innovation center in Shenzhen benefits South China powder suppliers seeking convenient local certification and entry; 3) Monitor the development of metal powder grade and batch management standards tied to its industrial equipment lines.