Creality submits for an IPO, adds a mysterious 3D printing model website

Creality is set to become a publicly listed company on the Hong Kong Stock Exchange, making it the first manufacturer of consumer-grade 3D printers to make the leap into the big time.

The company, known as Chuangxiang 3D in China, is considered the world’s largest consumer 3D printing company, with a 39% market share according to a recent report from market intelligence firm CONTEXT, and a more modest claim of 27.9% from its own Application Proof with the Hong Kong Stock Exchange, which is a preliminary draft of its prospectus.

In the US, Creality is known for bringing budget 3D printers mainstream with the basic Ender 3 in 2017 and more recently the Creality Hi and K2 Plus. Creality boasts that it holds 840 patents, 565 R&D employees, and a top-tier collection of 3D models on its Creality Cloud website.

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Further into the document, Creality states one of its assets is a new website we haven’t heard of called “Nexbie.” The site is an e-commerce platform to sell physical prints. When I first found the site, it claimed to be powered by “AIGC” which stands for AI generated content. It was also full of questionably sourced 3D models with photos clearly copied from other websites.