Water Co., Ltd. and Guangyunda jointly build a 3D printing common key technology and new material R&D and application base

Water Co., Ltd. increased its capital in Shenzhen Collaborative Innovation High-Tech Development Co., Ltd. (hereinafter referred to as Collaborative Innovation Hi-Tech Development Co., Ltd.) with its own capital of 6 million yuan, and built and developed 3D Printing common key technology and new material R&D and application base with Collaborative Innovation Hi-Tech shareholder Guangyunda. After multi-party cooperation, the entire industrial chain layout from raw materials to terminals can be realized. After the completion of this transaction, Water will hold a 20% stake in Collaborative Innovation High-tech.

In recent years, with the advancement of 3D printing technology in the medical market and the rapid development of related materials, it is estimated that by 2024, the global medical 3D printing market will reach 9.639 billion U.S. dollars, of which the implant market will reach 8.12 billion U.S. dollars. As a special polymer material combined with 3D printing technology, polyether ether ketone (hereinafter referred to as: PEEK) has also become a focus of current materials in the field of implantable medical devices. Water shares stated that one of the focus of this foreign investment is to focus on the combination of its special polymer material PEEK with the mature technology of 3D printing, realize the application in the field of implantable medical devices, and expand the depth in the field of medical devices. layout. At the same time, Collaborative Innovation Hi-Tech is now the carrier of the Shenzhen 3D Printing Manufacturing Innovation Center, which has been listed as one of the “Shenzhen Top Ten Manufacturing Innovation Centers”.

This investment will help Water Co., Ltd. to further supplement and improve the entire industrial chain layout of “synthesis-modification-products” of special polymer materials, and provide more comprehensive new material solutions for existing customers in the fields of medicine, semiconductor, aerospace, etc. plan. In addition, as the chairman unit of the Shenzhen Strategic Emerging Industry Development Promotion Association, and Guangyunda as the vice chairman unit of the Shenzhen Strategic Emerging Industry Development Promotion Association, multi-party cooperation is also a model of the “chain service” of Zhanxinhui. success case. In the future, Zhanxin will continue to base itself on the high-quality development of Shenzhen, serve the national strategy, focus on the “core chain” and “critical chain” issues of strategic emerging industries, and strive to promote domestic leading enterprises to cooperate upstream and downstream to carry out collaborative innovation and build a core A competitive local ecosystem and supply chain system will create a national platform for the ecological development of strategic emerging industries, and promote the healthy, sustained and rapid development of my country’s strategic emerging industries.