Shenzhen Creality 3D Technology Co., Ltd. (referred to as "Creality 3D") recently submitted its prospectus, preparing to list on the Hong Kong Stock Exchange.

In 2021, Creality 3D declared cash dividends of 195 million yuan. During 2021, 2022, and 2023, the company distributed cash dividends of 88 million yuan, 36 million yuan, and 71 million yuan respectively to shareholders, with all dividends declared in 2021 fully paid. On May 23, 2025, Creality 3D declared dividends of 81.4 million yuan to certain shareholders, which were fully settled in July 2025.

**Annual Revenue Reaches 2.3 Billion Yuan**

Creality 3D is a consumer-grade 3D printing products and services provider. Its products and services primarily include: 3D printers, 3D printing consumables, and various services provided on Creality Cloud (a global online community focused on 3D printing content).

Leveraging Creality 3D's brand and technical expertise, the company has expanded its product line to cover 3D scanners, laser engraving machines, and accessories. Additionally, Creality 3D recently launched Nexbie, an overseas e-commerce platform focused on 3D creative finished products.

In 2023, Creality 3D's 80,000 square meter industrial park in Wuhan officially began trial production.

According to the prospectus, Creality 3D's revenue for 2022, 2023, and 2024 was 1.346 billion yuan, 1.883 billion yuan, and 2.288 billion yuan respectively; gross profit was 388 million yuan, 600 million yuan, and 708 million yuan respectively; gross profit margins were 28.8%, 31.8%, and 30.9% respectively.

Creality 3D's operating profit for 2022, 2023, and 2024 was 162 million yuan, 177 million yuan, and 98.96 million yuan respectively; operating profit margins were 12.1%, 9.4%, and 4.3% respectively; profit for the period was 104 million yuan, 129 million yuan, and 88.66 million yuan respectively.

For the first three months of 2025, Creality 3D's revenue was 708 million yuan, an increase of 28.7% compared to 550 million yuan in the same period last year; gross profit was 249 million yuan, compared to 187 million yuan in the same period last year; gross profit margin was 35.2%, compared to 34% in the same period last year.

For the first three months of 2025, Creality 3D's revenue from 3D printers was 434 million yuan, accounting for 61.3%; revenue from 3D printing consumables was 84.73 million yuan, accounting for 12%; revenue from 3D scanners was 86.35 million yuan, accounting for 12.2%; revenue from laser engraving machines was 44.59 million yuan, accounting for 6.3%; revenue from accessories and others was 56.70 million yuan, accounting for 8%.

For the first three months of 2025, Creality 3D's online sales revenue was 339 million yuan, accounting for 47.9%; offline sales revenue was 369 million yuan, accounting for 52.1%.

For the first three months of 2025, Creality 3D's operating profit was 88.13 million yuan, with an operating profit margin of 12.4%; profit for the period was 81.56 million yuan, with a profit margin of 11.5%.

During 2022, 2023, and 2024, and for the three months ended March 31, 2024 and 2025, Creality 3D's R&D expenses were 87.5 million yuan, 96.3 million yuan, 149 million yuan, 27.9 million yuan, and 46.5 million yuan respectively, accounting for 6.5%, 5.1%, 6.5%, 5.1%, and 6.6% of total revenue for the same periods respectively.

As of March 31, 2025, Creality 3D held cash and cash equivalents of 456 million yuan.

**Tencent as Shareholder**

Creality 3D's executive directors are Chen Chun, Ao Danjun, Liu Huilin, Tang Jingke, and Fang Zongdi; non-executive director is Huang Hongman; independent non-executive directors are Ms. Gao Linü, Ms. Wang Yating, and Liang Huaquan.

Chen Chun is Creality 3D's co-founder, chairman, general manager, and one of the controlling shareholders. Ao Danjun and Liu Huilin are both vice chairmen and controlling shareholders. Tang Jingke is co-founder, vice chairman, deputy general manager, and one of the controlling shareholders.

Prior to IPO, Chen Chun holds 13.12% directly, Chuangxiang Chuangwei holds 6.56%, and Chuangxiang Huida holds 1.64%, totaling 21.31% for Chen Chun; Ao Danjun holds 13.12% directly, Longge'er Investment holds 6.56%, totaling 19.67%; Liu Huilin holds 13.12% directly, Chuangxiang Industry holds 6.56%, totaling 19.67%; Tang Jingke holds 13.12% directly, Chuangxiang Industry holds 6.56%, Chuangxiang Changsheng holds 1.64%, totaling 21.31%.

The above controlling shareholders collectively hold 81.98%.

Employee shareholding platforms Chuangxiang 3D (Limited Partnership) and Chuangxin Yunding each hold 1.64%, totaling 3.28%.

Qianhai Equity holds 4.05%, Zhongyuan Qianhai holds 0.87%, Zhihui Hulian Telecom Ark holds 0.89%. Qianhai Equity, Zhongyuan Qianhai, and Zhihui Hulian Telecom Ark are all funds under Qianhai FOF, collectively holding 5.81%.

Shenzhen Capital Group holds 1.87%, Nanshan Hongtu holds 2.45%, Tencent Investment holds 2.16%, AVIC Pingshan holds 1.45%, Renzhe Buyou holds 0.87%, and Guoxin Nanfang No. 4 holds 0.13%.