Hasen Intelligent Manufacturing
Kunshan-based majority-owned subsidiary of listed Hasen Shares (603958.SH) developing titanium powder production using plasma atomization for 3D printing and metal injection molding.
- CEO / Founder
- Wang Zhao (王朝)
- Stage
- Active
- Total Funding
- $4.2M
- Latest Round
- Corporate Round
- Key Investors
- Nanzhao Xinqi Calcite Co., Ltd. (南召鑫琦方解石有限公司); Hasen Commerce (China) Co., Ltd. (parent, 51%); Suzhou Jinchao Enterprise Management Partnership (苏州金巢, 43%)
Technology & Products
Key Products
Titanium and titanium-alloy powder for 3D printing and MIM (pilot stage). Alloy grades, output capacity and particle-size distribution have not been disclosed.
Technical position · AMPulse analysis
NPA (plasma atomization) and TPR (titanium particle-size reconstruction) processes, as described by the parent company.
Differentiation
Value Proposition
Titanium alloy powder for 3D printing and MIM made with NPA plasma atomization and TPR particle-size reconstruction technology, per company statements relayed through its parent. Pilot-scale production is reported as successful.
How They Differentiate
It is a new entrant that has announced plasma-atomization titanium powder for both AM and MIM. Qualified customers and alloy specifications have not been disclosed, so differentiation is unproven.
Market & Competition
Target Customers
3D printing and metal injection molding (MIM) powder users in China
Industry Verticals
Additive manufacturing; metal injection molding
Competitors
Bright Laser Technologies (BLT); AVIMETAL AM (中航迈特)
Growth & Milestones
Growth Metrics
Registered capital of RMB 40M. Phase 1 of the Nanzhao project is planned at RMB 100M, with construction in Nov 2026 and production in Mar 2027. Projected figures at full capacity: annual revenue above RMB 300M and tax payments of RMB 40M. These are projections, not reported results.
Major Milestones
2024-04: company registered in Kunshan. 2026-09-30: capital increase agreement with Nanzhao Xinqi (RMB 30M) and the parent (RMB 10M). 2026-10-21: titanium powder project signed with Nanzhao County, Henan. Planned: construction Nov 2026, production Mar 2027.
Recent coverage of Hasen Intelligent Manufacturing
Funding rounds
- Corporate Round¥30M2026-09Lead: Nanzhao Xinqi Calcite Co., Ltd. · Source