Creality Plans IPO with Latest Valuation Around $500 Million
Creality is making its move toward going public, with its latest valuation sitting at roughly half a billion dollars. The Shenzhen-based 3D printer leader has officially filed its prospectus, signaling that it’s transitioning from domestic A-share markets toward a public listing in Hong Kong. 3dprintingindustry.com
Despite facing stiffer competition this year—particularly from Bambu Lab, which has overtaken it in single-year sales, Creality is betting on a massive market opportunity ahead. Analysts expect consumer 3D printer shipments to grow from 4.1 million units in 2024 to 13.4 million by 2029, equating to a healthy 26.6% annual growth rate. thebambooworks.com
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