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Winsun (Yingchuang)

ApplicationShanghai, ChinaFounded 2002· One of 381 Application companies tracked by AMPulse

Develops large-scale extrusion-based 3D printing systems and proprietary concrete inks to manufacture modular buildings and infrastructure from recycled materials.

CEO / Founder
Yihe Ma
Team Size
51-200
Stage
Active
Total Funding
$55.6M
Latest Round
Strategic Investment
Key Investors
Zhejiang Yasha Decoration Co., Ltd. (Yasha Shares)

Technology & Products

Key Products

3D-printed houses; Office and commercial buildings; Villas; Retaining walls; Sound barriers; River revetments; Public toilets

Technological Advantage

Proprietary process achieves 30-60% material savings and utilizes 50% recycled waste in inks; technology is defensible via a portfolio of 90 to 325 national patents.

Differentiation

Value Proposition

Reduces construction material waste by 30-60% and labor costs while utilizing 50% recycled industrial tailings in printing inks, enabling a full-sized house to be built in 24 hours for approximately $4,800.

How They Differentiate

Pioneered the construction extrusion segment with the world's first continuous printer; maintains a cost advantage by printing houses for ~$4,800 and using 50% recycled content, significantly higher than traditional construction standards.

Market & Competition

Target Customers

Large-scale public building authorities, real estate developers, and infrastructure agencies.

Industry Verticals

Construction; Real Estate; Infrastructure; Transportation

Competitors

COBOD International; ICON; Huashang Tengda

Growth & Milestones

Growth Metrics

House built in 1 day for ~$4,800; 30-60% material savings vs. traditional construction; 50% ink derived from recycled waste/tailings; 400+ national landmarks completed.

Major Milestones

2014: Printed 10 full-sized houses in 24 hours (world first); 2015: Constructed world's tallest 3D-printed building (5-story apartment); 2016: Completed world's first 3D-printed office in Dubai; 2023: Established U.S. subsidiary Gaudi Tech for North American expansion

Notable Customers

Dubai Future Foundation; China National Aquatics Center (Water Cube); Shanghai World Expo Center; China National Grand Theatre

https://www.yhbm.com

Why this company matters

Winsun (Yingchuang) occupies a distinctive position as the global pioneer in large-scale extrusion-based 3D printing for construction. Founded in 2002 and based in Shanghai, the company developed the world's first continuous large-scale extrusion 3D printer for buildings, filling a gap between traditional labor-intensive construction and automated, material-efficient methods. Its core technology is material extrusion for 3D concrete printing (MEX-3DCP), using proprietary inks formulated from cement, sand, fiber, and up to 50% recycled industrial tailings or construction waste.

The company's primary products include 3D-printed houses, villas, office buildings, and infrastructure elements such as retaining walls, sound barriers, and river revetments. Target customers are large-scale public building authorities, real estate developers, and infrastructure agencies. Notable completed projects include the world's first 3D-printed office in Dubai (2016), the world's tallest 3D-printed building (a five-story apartment, 2015), and over 400 national landmarks across China, including work for the China National Aquatics Center and Shanghai World Expo Center.

Winsun's strategic moat rests on its early-mover advantage in construction 3D printing, a proprietary ink formulation that enables high recycled content, and a reported portfolio of 90 to 325 national patents covering materials and processes. The company raised ¥400M RMB from Zhejiang Yasha Decoration Co., Ltd. and established a U.S. subsidiary, Gaudi Tech, in 2023 for North American expansion. Key competitors include COBOD International, ICON, and Huashang Tengda. An open question is whether Winsun can scale its cost advantage—printing a full house for approximately $4,800—outside China while navigating differing building codes and material supply chains.