BLT plans to invest 1 billion yuan to build a metal Additive Manufacturing (AM) base project.

Source: Announcement by BLT regarding investment in new project construction

DentalGoodNews｜On October 8, Xi'an BLT Additive Technology Co., Ltd. (hereinafter referred to as "BLT") held the third meeting of its fourth board of directors, at which a proposal to invest in and construct the "Metal Additive High-end Manufacturing Industrial Base Project" was reviewed and approved. According to the announcement, BLT plans to sign a Letter of Investment Intent with the Management Committee of Taicang High-tech Industrial Development Zone in Jiangsu Province, register and establish a wholly-owned subsidiary in Taicang High-tech Zone, which will purchase land use rights and implement the project, with an investment amount of approximately 1 billion yuan (inclusive, subject to actual investment).

The announcement disclosed that the project plans to acquire approximately 100 mu of land, located in the plot north of Weihai Road and west of Lianxin Road in Taicang High-tech Zone, and will construct a metal additive manufacturing equipment manufacturing workshop, a high-precision metal additive product printing workshop, a post-processing workshop, and supporting office buildings, with a total floor area of approximately 104,000 square meters and a construction period of approximately 24 months. The Letter of Intent plans to stipulate that the project company will simultaneously establish BLT's East China Regional Headquarters.

BLT stated that the project targets the production needs for complex parts and components in the high-end precision manufacturing field, and based on digital intelligent manufacturing technology, will build a large-scale metal additive manufacturing digital workshop and an equipment automated assembly factory, so as to enhance the company's service capabilities for metal additive products in the civil sector.

The sources of funds include but are not limited to self-owned funds, bank loans, or other methods that comply with laws and regulations, and do not involve raised funds. This matter falls within the decision-making authority of the board of directors, does not need to be submitted to the shareholders' meeting for review, does not constitute a Related-party Transaction or a major asset restructuring, and still requires filing or approval by the competent government authorities.

The announcement also highlighted risks: whether the land can be obtained, the transaction area, price, and timing of acquisition are all uncertain; the source of funds may put pressure on the company's short-term cash flow; the project is in the preliminary preparation stage, the Letter of Investment Intent has not yet been signed, and the investment scale, construction period, and construction content are all preliminary plans.

Source: BLT 2025 Annual Report

In terms of dental materials, BLT's independently developed Dental Selective Laser Melting Pure Titanium Powder has obtained the Class III Medical Device Registration Certificate from the National Medical Products Administration (NMPA). In 2025, BLT's operating revenue was 1.852 billion yuan, a year-on-year increase of 39.69%; among which the medical segment's operating revenue was 4.7989 million yuan, a year-on-year increase of 40.10%, accounting for approximately 0.26% of total revenue, lower than the 7.59 million yuan in the medical field in 2022.

By product, in 2025, BLT's 3D Printing customized products and technical services operating revenue was 1.052 billion yuan, a year-on-year increase of 52.63%; 3D Printing equipment, accessories, and technical services operating revenue was 686 million yuan, a year-on-year increase of 25.80%; 3D Printing raw materials operating revenue was 113 million yuan, a year-on-year increase of 24.80%.