Yongli Belting
Publicly listed Chinese manufacturer of lightweight conveyor belts and precision molded products (SZSE:300230), with minority exposure to 3D printing through a stake in a metal AM mold service provider and mold supply to consumer 3D printer OEMs.
- CEO / Founder
- Shi Peihao (史佩浩)
- Team Size
- 1001-5000
- Stage
- Public
- Total Funding
- $44.9M
- Latest Round
- IPO
Technology & Products
Key Products
Lightweight/high-polymer conveyor belts (PVC, TPU, TPO, TPEE, silicone-coated), precision molded rubber/plastic products; investee Shenzhen Deko Precision Technology provides metal 3D printing and 3D laser engraving services to the mold-making industry.
Technological Advantage
Over 35 years of polymer materials expertise; largest lightweight conveyor belt manufacturer in China; global manufacturing footprint (China, Thailand, Mexico, Netherlands); publicly listed with strong R&D capabilities; patented technologies in conveyor belt and precision molding; Guangdong Provincial Engineering Research Center for high-precision molding and 3D printing molds
Differentiation
Value Proposition
Dual-core business of lightweight conveyor belts and high-precision molding, leveraging decades of polymer materials expertise to serve industrial automation, food processing, and consumer electronics. In 3D printing, provides metal AM mold services (via Shenzhen DeKe) and precision molds for consumer 3D printer OEMs.
How They Differentiate
Unlike pure-play AM companies, Yongli enters 3D printing from a position of strength in precision mold manufacturing. Its 19.01% stake in Shenzhen DeKe gives it exposure to industrial metal AM for mold tooling (conformal cooling channels, complex geometries), while its wholly-owned subsidiary supplies high-precision molds to consumer 3D printer brands — a dual-track approach that leverages existing manufacturing capabilities rather than building AM hardware from scratch.
Market & Competition
Target Customers
Industrial automation, food processing, logistics, tobacco, textile, agriculture (conveyor belts); consumer electronics, smart home appliances, educational toys, automotive (precision molding); mold-making industry and consumer 3D printer OEMs (3D printing segment).
Industry Verticals
Industrial conveying/logistics equipment; mold manufacturing; consumer electronics/3D printer OEM supply chain
Competitors
Habasit (Switzerland) — lightweight conveyor belts; Ammeraal Beltech (Netherlands) — lightweight conveyor belts
Growth & Milestones
Growth Metrics
2025 revenue: 23.81B RMB (~$3.3B); 2025 net profit: 1.71B RMB (~$237M); Employee count: ~4,235; Listed on SZSE (300230) with market cap ~33.8B RMB
Major Milestones
IPO on Shenzhen Stock Exchange ChiNext board 2011-06-15 (stock code 300230); Shi Peihao re-elected Chairman for 6th board term Jan 2024-Jan 2027; disclosed 3D printing business expansion via investee Shenzhen Deko Precision Technology (Sep 2025 / May 2026 investor Q&A).
Notable Customers
Roborock (石头科技) — smart robot vacuum precision molds; Toyota, BMW, Volkswagen, GM, Mazda, Jaguar Land Rover, Geely (automotive precision molding); undisclosed major consumer 3D printing brand (mold supply)