eSUN (Guanghua Weiye) Reports H1 2025 Revenue of RMB 344 Million, 3D Printing Materials Surge Nearly 50%

On September 4, 2025,  learned that Guanghua Weiye (stock code: 836514), a leading Chinese 3D printing materials company listed on the NEEQ, released its 2025 half-year report. The company achieved operating revenue of RMB 344 million in H1 2025, up 41.43% year-on-year, with net profit attributable to shareholders reaching RMB 27 million, a 48.60% increase. Both revenue and profit growth exceeded 40%, reflecting simultaneous expansion in scale and profitability.

3D Printing Materials Drive Growth with Nearly 50% Surge

As the company’s core business, 3D printing materials generated more than RMB 300 million in revenue, up 46.95% year-on-year, serving as the main growth engine.

Key drivers included:

· Product & Market Strategy: Continuous product iteration and technological innovation, maintaining leadership in PLA-based materials, and spearheading China’s first international 3D printing material standard (ISO 5425:2023).

· E-Commerce Expansion: Significant growth on platforms such as Amazon boosted global online sales, enhancing brand visibility and customer loyalty.

· Overseas Market Growth: Export revenue rose to RMB 293 million (+52.04% YoY), with both offline and e-commerce channels contributing. A new subsidiary was also established in Thailand to strengthen global presence.

Industry Context: High-Growth Outlook

Industry reports project that China’s additive manufacturing market will surpass RMB 100 billion by 2027, with a CAGR of 25.59% from 2022–2027. Positioned as a leader in 3D printing materials, Guanghua Weiye is well placed to benefit from this growth trajectory.

Business Highlights

· 3D Printing Materials:

o 11 new products launched in H1 2025.

o “Color-shift PLA” capable of instant hue change generated strong market buzz.

o TPU flexible series (90A, 85A, 64D) enhanced performance.

o Aesthetic materials such as rock-textured PLA and transparent PLA opened new creative avenues.

· PLA Fiber Materials: Subsidiary eSUNFiber (Suzhou) collaborated with partners to solve strength loss and dyeing challenges in PLA fibers, achieving a key breakthrough for textile applications.

· Biomedical Materials: Subsidiary Jusheng (Shenzhen) launched PLA-PEG amphiphilic copolymers and ultra-high molecular weight PLLA, PLGA, and PCL materials. Developed implant-grade PLLA 3D printing filaments. Medical-grade PLGA and PCL products successfully passed NMPA master file registration.

Growth Drivers

· Policy Tailwinds: Additive manufacturing was included in China’s Encouraged Industry Catalogue (2024), while nationwide equipment renewal and recycling policies further supported adoption. Meanwhile, plastic-ban initiatives fueled demand for biodegradable materials.

· Supply Chain Optimization: The “dual increase, dual savings” strategy (boosting revenue & output while reducing costs & expenses) enhanced inventory and procurement efficiency.

· R&D & Branding: Subsidiary Xiaogan eSUN was recognized as a “Specialized and Innovative Enterprise” in Hubei. Company-wide R&D investment reached RMB 11.04 million in H1 2025, up 22.39% year-on-year.

Guanghua Weiye delivered a standout performance in H1 2025, with nearly 50% growth in its core 3D printing materials business, demonstrating strong product strength and market adaptability. Positioned at the intersection of biodegradable materials and additive manufacturing, the company is set to maintain its leadership and generate greater value for both investors and the broader industry.