On August 30, 2026, Suzhou XDM reported robust production and sales of its industrial-grade metal 3D printing equipment (which builds parts layer-by-layer by laser melting metal powder). In the first half of the year, orders surged approximately 3x year-on-year, with delivery schedules extending through year-end. For the first time, overseas orders surpassed domestic ones, accounting for nearly 60% of total orders. Mid-size machines are priced at roughly RMB 5–6 million per unit, while large and extra-large units can reach RMB 20–30 million. On the technology front, upgrading from a single-laser-plus-scanner setup to a dual-laser configuration has boosted overall processing efficiency by about 60%, with dual-laser stitching accuracy within ±0.1 mm, and reduced mid-size machine manufacturing lead times to 15–30 days. At the macro level, exports of domestic industrial-grade metal 3D printing equipment grew 76% year-on-year in the first half, with Europe and Southeast Asia accounting for 87% of total export value. Nationwide, 3D printing equipment output rose 48.5% year-on-year, ranking first among major industrial products. Value for powder buyers: ① The scale-up of metal AM equipment directly drives upstream metal powder consumption, and the delivery peak signals sustained upward demand for metal powder over the next six months. ② Overseas orders exceeding 60% for the first time indicates accelerated export of domestic equipment, raising the value of the "equipment-carries-powder" export channel. ③ The equipment order boom is accelerating powder standardization and scaling, further consolidating long-term supply relationships between leading powder makers and equipment suppliers.