Suzhou XDM Secures Nearly CNY 100 Million in Series A Financing — Major Investment from Urumqi Ganquan Fund to Accelerate Metal 3D Printing Expansion

Panda3dp.com Exclusive — October 2025 —
Suzhou XDM 3D Printing Technology Co., Ltd. has announced the completion of a Series A financing round worth nearly CNY 100 million, led by the Urumqi Ganquan Industrial Development Guidance Fund. This follows the company’s successful Pre-A round, further solidifying XDM’s technological leadership and industrialization potential in the metal additive manufacturing sector.

The Urumqi Ganquan Industrial Development Guidance Fund, managed by Xinjiang Tianshan Industrial Investment Fund Management Co., Ltd., is a government-backed fund established by the Urumqi Ganquanbao Economic and Technological Development Zone. As part of the Urumqi Free Trade Zone, Ganquanbao is one of the city’s largest industrial areas and a key site for advanced manufacturing.

This latest investment will empower XDM to accelerate technological R&D, deepen applications across new materials and energy-petrochemical industries, and further strengthen its position in the metal additive manufacturing market.

XDM stated that it will continue to advance metal 3D printing technology, driving deeper integration between advanced manufacturing and real-world industrial needs — injecting new innovation into China’s manufacturing transformation.

(For more information, see the “China 3D Printing Industry Directory” at Panda3dp.com.com, which lists over 50 metal 3D printing enterprises.)

China–Saudi Metal 3D Printing Partnership: XDM and Tamimi Group Establish Joint Venture

Panda3dp.com Exclusive — September 23, 2025 —
In a landmark collaboration, Suzhou XDM 3D Printing Technology Co., Ltd. (XDM), a leading Chinese enterprise in metal additive manufacturing, and Tamimi Group, one of Saudi Arabia’s century-old conglomerates, formally signed a joint venture agreement in Dammam, Saudi Arabia.

The new company will focus on R&D and industrial application of additive manufacturing technologies, expanding opportunities within the Saudi Aramco ecosystem, while also targeting the Saudi and GCC petrochemical equipment and spare parts market. Additionally, the venture will pursue growth in high-value 3D printing applications across Europe and the U.S., driving innovation in global advanced manufacturing.

△ XDM and Tamimi Group representatives at the signing ceremony

This initiative is part of the 35 major China–Saudi cooperation projects signed in December 2022, marking a new milestone in high-tech collaboration between the two nations.

Abdullah Al-Ohabi, Director-General of Advanced Manufacturing at Saudi Arabia’s Ministry of Investment, remarked:

“The successful signing of this project represents a major milestone in manufacturing cooperation between Saudi Arabia and China. Since XDM signed its strategic cooperation agreement with Saudi Aramco in 2020, the Ministry of Investment has followed the project closely and provided ongoing support. Introducing 3D printing into Saudi Arabia’s high-end manufacturing sector will play a critical role in achieving the goals of Vision 2030, enhancing the nation’s self-sufficiency in industrial equipment manufacturing.”

△ XDM’s metal 3D printer photographed by Panda3dp.com

Professor Zhang Zhengwen, Chairman of XDM, stated:

“XDM has always been committed to exploring new 3D printing applications and emerging markets worldwide. Our partnership with Saudi Aramco and now the Tamimi Group represents a cornerstone of our global strategy. Since becoming a strategic partner of Aramco in 2020 and its first 3D printing supplier for critical components in 2023, we have worked tirelessly to bring this project to life in Saudi Arabia. This joint venture will serve as a strategic foothold for XDM in the Middle East, supporting Vision 2030 while advancing localized talent development and industrial growth.”

Mohammed Alyas Khan, President of Tamimi Group’s International Development Division, added:

“As a long-term strategic partner of Saudi Aramco, Tamimi Group holds a strong position in petrochemicals, retail, construction, and food service. This new joint venture marks the beginning of our transformation toward high technology and opens exciting new directions for our future.”

△ XDM’s ultra-large SLM system — the XDM 2000 (build volume: 2000 mm × 2000 mm)

XDM is one of the world’s few companies capable of producing super-large-format powder bed metal 3D printers (maximum build size: 2000 mm × 2000 mm). With a complete technical chain and nearly 100 intellectual property rights, the company stands as a global leader in the sector.

Meanwhile, Tamimi Group, with over 80 years of industry experience, maintains extensive operations in petrochemicals, engineering, and supply chains, serving Saudi Aramco and other energy giants. Together, the two partners will deliver advanced localized manufacturing solutions for Saudi Arabia and expand into high-value global markets.

This collaboration not only strengthens technical integration and production capacity sharing but also demonstrates strategic synergy under the Belt and Road framework, serving as a benchmark for China–Saudi high-tech cooperation.

△ Examples of XDM’s 3D-printed metal components

About XDM

Suzhou XDM 3D Printing Technology Co., Ltd. (XDM) is a global leader in Selective Laser Melting (SLM) metal 3D printing systems.

· In 2017, XDM launched the XDM750 (build size: 750 × 750 mm), which gained global recognition for its large-format capability.

· In 2021, it introduced the XDM2000 (build size: 2000 × 2000 mm), the world’s largest powder bed fusion system, filling an international gap and reaffirming XDM’s technical leadership.

The company now offers a comprehensive portfolio of large, medium, and small metal 3D printers, a complete software ecosystem, and advanced design and structural technologies based on additive manufacturing.

To date, XDM holds nearly 100 patents and software copyrights, standing at the forefront of China’s high-end metal additive manufacturing industry.