Anycubic parent Zongwei Liju closes hundreds of millions yuan B round led by Guotai Junan, Dachen, Challenger, Mirae Asset

Shenzhen-based Zongwei Liju, the parent company of consumer 3D printing brand Anycubic, has closed a B funding round worth hundreds of millions of yuan (approximately $30-50 million USD). The round was co-led by Guotai Junan Capital, Dachen Caizhi, Challenger Capital, and South Korea's Mirae Asset Group. The company will use the capital to accelerate R&D and market expansion across its FDM/FFF and DLP product lines. Separately, Zongwei Liju also launched the P1 MAX, a large-format DLP printer with an 18.3-liter build volume, priced for the prosumer and light-production segment, with first units shipping June 15.

This funding round arrives as the Chinese desktop AM market undergoes a structural split. On one side, Bambu Lab has crossed 10 billion yuan in revenue with a $40 billion valuation, dominating the high-end consumer FDM segment. On the other, Creality went public on the Hong Kong Stock Exchange in May 2026, and multiple Chinese AM firms are advancing IPO filings. Zongwei Liju occupies a distinct position: it is the largest Chinese DLP/resin printer brand by volume, but faces margin pressure as resin printer hardware commoditizes. The P1 MAX launch signals an attempt to move up the value chain toward larger-format production, competing with brands like Phrozen and Elegoo in the 15-20 liter build volume bracket. The inclusion of Mirae Asset as a Korean investor also hints at expanded distribution into the South Korean and broader Asian markets, where Anycubic already has a strong reseller presence.

For Zongwei Liju, the immediate execution priority is converting this capital into software and materials differentiation rather than just hardware volume. The resin printer market has become a race to the bottom on price, and the P1 MAX's success will depend on whether the company can build a sticky ecosystem of resins, print profiles, and post-processing workflows that keep users locked in. Buyers evaluating the P1 MAX should compare its print speed and resin compatibility against the Elegoo Jupiter and Phrozen Sonic Mega 8K S, not just build volume. The funding is a vote of confidence, but the real test is whether Zongwei Liju can sustain margins as the market consolidates.