Yudding

HardwareXiong'an, ChinaFounded 2014· One of 1725 Hardware companies tracked by AMPulse

A leading high-tech enterprise specializing in the research, development, and industrialization of large-scale metal additive manufacturing (3D printing) for critical aerospace and defense components.

CEO / Founder: He Bei
Team Size: 501-1000
Stage: Active
Total Funding: $194M
Latest Round: Pre-IPO
Key Investors: Xiong'an Foundation, SDIC Unity Capital (国投创合), CASStar (中科创星), CITIC Construction Investment, LePu Medical, Jinduo Investment (金舵投资)

Technology & Products

Key Products

Large-scale Laser Additive Manufacturing (LAM) Services, High-performance Metal Structural Components (Titanium alloys, Superalloys, High-strength steel), Aeronautical Wing and Engine Structural Parts (e.g., for C919 and other major aircraft), Marine High-strength Thin-walled Complex Structural Components, Satellite Hardware (e.g., 'Xiong'an-1' satellite components), High-performance Metal Material Customization & Surface Engineering

Technological Advantage

Leverages proprietary Laser Melting Deposition (LMD) technology to create massive, integrated titanium alloy parts; led by Academician Wang Huaming, the pioneer of China's aerospace 3D printing industry.

Differentiation

Value Proposition

Enables the production of high-performance, lightweight, and complex metal components that are impossible to manufacture via traditional casting or forging, significantly reducing lead times and material waste.

How They Differentiate

Yudding differentiates through its exclusive role as the industrialization platform for the 'National Engineering Laboratory for Additive Manufacturing of Large Metal Components.' Unlike competitors focusing on mass-market Powder Bed Fusion (PBF), Yudding specializes in Laser Melting Deposition (LMD) for massive, load-bearing titanium alloy structures, leveraging the pioneer research of Academician Wang Huaming.

Market & Competition

Target Customers

Major state-owned aerospace and defense contractors (e.g., COMAC, AVIC), nuclear power research institutes, and satellite manufacturers.

Industry Verticals

Aerospace & Aviation, Defense & Military, Energy (Nuclear & Petrochemical), Maritime & Shipbuilding, Space Technology

Competitors

Bright Laser Technologies (BLT - 铂力特); Farsoon Technologies (华曙高科); Avic Manufacturing Technology Institute (中航增材); Jinghe (鑫精合)

Growth & Milestones

Growth Metrics

Revenue 2023–2025: ¥398M / ¥396M / ¥392M (flat). Net profit: ¥26.9M / ¥21.2M / ¥70.9M (2025 uplift largely govt subsidies ~90% of NI). Headcount YE2025: 529. Valuation: post-money ~¥3.345B (2024 B) → pre-money ¥3.5B / post ~¥4.35B (Dec 2025 Pre-IPO). STAR IPO filing accepted 2026-06-23 seeking ¥1.802B.

Major Milestones

2026-07: STAR Market IPO entered inquiry stage (已问询)., 2026-06-23: STAR IPO application accepted by SSE; Guosen Securities sponsor; seek ~¥1.802B for LMD/PBF capacity & HQ base., 2025-12: Completed ¥847M Pre-IPO at ¥3.5B pre-money (~¥4.35B post)., 2025-07: Board refresh — Liu Dong becomes Chairman; He Bei becomes GM; Academician Wang Huaming exits board (remains actual controller)., 2024-09: HQ/main ops relocated to Xiong'an New Area as Type-II Beijing non-capital function transfer., 2024: Series B/strategic round; post-money ~¥3.345B., 2014-07: Founded; industrialization platform for National Engineering Lab for Large Metal Component AM (Beihang).

Notable Customers

COMAC (C919 program); AVIC (Aviation Industry Corporation of China); China Nuclear Power Research and Design Institute; LandSpace (Commercial Space)

https://www.yuding-am.com

Why this company matters

AMPulse analysis, not a company disclosure

Yudding occupies a unique position in China's metal additive manufacturing landscape as the designated industrialization platform for the National Engineering Laboratory for Additive Manufacturing of Large Metal Components at Beihang University. While most Chinese metal AM competitors focus on powder bed fusion for smaller, high-volume parts, Yudding specializes in laser melting deposition (LMD) to produce large-scale, load-bearing titanium alloy, superalloy, and high-strength steel structures that cannot be made via casting or forging.

The company's core technology, Laser Melting Deposition (LMD), builds near-net-shape parts by melting wire or powder with a laser in a directed energy deposition (DED-LB) process. This approach enables the production of integrated wing and engine structural components for programs like the COMAC C919, marine thin-walled complex parts, and satellite hardware including components for the Xiong'an-1 satellite. Yudding also offers material customization and surface engineering services.

Yudding's primary customers are major state-owned aerospace and defense contractors, including COMAC, AVIC, and the China Nuclear Power Research and Design Institute, as well as commercial space firm LandSpace. The company is led by Chairman He Bei, who previously managed Beihang University's asset management arm, and is backed by Academician Wang Huaming, a pioneer in China's aerospace 3D printing. Strategic investors include SDIC Unity Capital, CASStar, and CITIC Construction Investment.

The company's moat rests on its exclusive access to Beihang's national lab research and its focus on massive LMD parts rather than the more commoditized PBF market. However, Yudding faces competition from Bright Laser Technologies (BLT), Farsoon Technologies, and Avic Manufacturing Technology Institute, all of which are expanding into larger-format systems. With a 2024 post-money valuation of 3.3 billion RMB and projected revenue of 400–600 million RMB, Yudding has entered Phase 3 of IPO guidance with Guosen Securities, signaling confidence in its path to public listing.