Creality, considered the world’s largest consumer 3D printing company, is set to become publicly listed on the Hong Kong Stock Exchange. This would make it the first manufacturer of consumer-grade 3D printers to gain public funding. Creality is known for bringing budget 3D printers to the mainstream with the basic Ender 3 in 2017 and more recently with the Creality Hi and K2 Plus.
Flipping through Creality’s Application Proof with the Hong Kong Stock Exchange, which is a preliminary draft of its prospectus, reveals the Chinese company’s mindset. Though American consumers might worry about tariffs, Creality is not. The draft prospectus states:
“Although we received a substantial proportion of revenue from North America during the Track Record Period, the additional U.S. tariffs imposed on us did not have a material adverse effect on our business operations or financial condition during the Track Record Period and up to the Latest Practicable Date, as evidenced by our continuous growth.”
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In 2024, Creality reported RMB 615.1 million ($85.8 million USD), which is approximately 27% of its total revenue, primarily from North America. The company credits its “proactive pricing strategy” for passing on the increased tariffs to its customers, coupled with strong market demand in the US.