BLT Reports CNY 1.16 Billion Revenue and CNY 157 Million Profit — A Sevenfold Increase in 2025 Q3, Driven by Explosive Growth in the Civilian Metal 3D Printing Market

October 28, 2025 — Panda3dp.com Exclusive
Xi’an Bright Laser Technologies Co., Ltd. (BLT, 688333.SH) released its 2025 Q3 financial report, showing remarkable growth in both revenue and net profit. The company’s surge was powered by a major breakthrough in the civilian 3D printing market, which has become a key driver of performance. With its expanding asset base and robust financial structure, BLT continues to strengthen its leadership in metal additive manufacturing.

Explosive Growth in Revenue and Profit

BLT’s 2025 Q3 results can only be described as breakthrough-level.

· Q3 revenue: CNY 494 million, up 120.94% YoY

· Net profit attributable to shareholders: CNY 79.43 million, a significant rise in profitability

From January to September 2025, the company achieved:

· Revenue: CNY 1.161 billion, up 46.47% YoY, marking a new record in both scale and growth

· Total profit: CNY 157 million, a 718.81% YoY increase

· Net profit attributable to shareholders: CNY 156 million, up 234.83% YoY

· Basic EPS: CNY 0.5742 per share, up 235.20% YoY

As of September 30, 2025, BLT’s total assets reached CNY 8.604 billion, up 18.10% from the end of 2024, while shareholders’ equity rose to CNY 4.932 billion, up 2.37%, demonstrating both steady expansion and financial resilience.

The report attributes this impressive growth to aggressive expansion into new 3D printing applications, particularly in the civilian market, where revenue from customized 3D-printed products has surged — becoming the core engine of BLT’s performance growth.

R&D Investment Focused on Efficiency — Non-Recurring Gains Boost Profit

Behind BLT’s strong results lies a balance of continuous innovation and prudent financial management.

· R&D investment: CNY 183 million for the first three quarters, accounting for 15.77% of total revenue, among the highest ratios in the 3D printing industry.
In Q3 alone, R&D spending reached CNY 57.75 million, or 11.7% of quarterly revenue, with a sharper focus on civil-market-driven technology conversion, enhancing the competitiveness of customized products.

· Non-recurring gains: CNY 46.51 million, primarily from:

o Government grants (excluding routine operational subsidies): CNY 36.59 million, reflecting strong policy support for additive manufacturing.

o Gains from fair value changes and asset disposals: CNY 17.89 million, providing additional profit support.

Even after excluding non-recurring gains, BLT’s core business profit remained robust, with net profit of CNY 109 million for the first three quarters — demonstrating strong fundamental performance.

Industry Leader with a Full-Chain Metal 3D Printing Ecosystem

Founded in 2011 and listed on the STAR Market in 2019, BLT is widely recognized as China’s leading industrial metal additive manufacturing company and the country’s first listed “metal 3D printing stock.”

With the vision of becoming a “global leader in additive manufacturing solutions,” BLT has established a comprehensive industrial ecosystem covering:

· Equipment R&D and sales

· Customized 3D-printed metal parts

· Metal powder production and distribution

· Software development and application services

Its technology portfolio spans Selective Laser Melting (SLM) and Laser Cladding (LC), supporting materials such as titanium alloys, superalloys, and aluminum alloys. These technologies are widely used in aerospace, civil aviation, automotive, energy, and medical sectors.

BLT holds hundreds of patents, and its self-developed metal 3D printers have reached internationally advanced performance levels, delivering critical lightweight and high-performance components for China’s aerospace programs and beyond.

Panda3dp.com Commentary

BLT’s Q3 performance represents a milestone not only for the company but for the broader metal 3D printing industry. The sharp rise in revenue and profits validates the rapid expansion of civilian applications, marking a new phase of diversification beyond aerospace and defense.

As China’s manufacturing industry accelerates toward lightweight, customized, and rapid digital production, BLT’s full-chain capabilities — spanning equipment, materials, and services — position it to capture long-term global opportunities.

With sustainable growth momentum and expanding civilian demand, BLT stands well on track to transform from a domestic market leader into a global additive manufacturing powerhouse.