On December 14, 2021, Shenzhen Wenext Technology Co., Ltd. (“Wenext”) and Guangdong Hanbang 3D Tech Co., Ltd (“HBD”), held a strategic cooperation agreement signing ceremony. In order to continue to deepen cooperation in metal 3D printing digital manufacturing, flexible manufacturing, etc., and establish a long-term and stable comprehensive strategic partnership, Wenext ordered 30 sets of HBD-350T metal 3D printing medium-sized equipment from HBD on the spot.

Mr. Lu Xueyuan, the Founder and Chairman of Wenext, Mr. Zhang Shuhao, the Deputy General Manager and General Manager of additive manufacturing division of Wenext, Mr. Liu Jianye, the Founder and General Manager of HBD, and Ms. Mao Yi, the General Manager of Shanghai Hanbang United 3D Tech Co., Ltd., attended the meeting and signing ceremony. Mr. Zhang Shuhao and Ms. Mao Yi signed the strategic cooperation agreement on behalf of both parties.

In this strategic cooperation, both parties are committed to advancing the digitization of manufacturing and the large-scale production of small batches. Through the combination of the advantages of both parties, they will quickly lead the upgrade of the manufacturing industry. This is a cooperation of strong alliances, in-depth coordination, a high degree of win-win, and more sustainable development. The senior leaders of the both parties are full of confidence and expectation for the future cooperation, and believe that the next cooperation will bring more opportunities and win-win for both parties.

When talking about why Wenext chose to cooperate with HBD for this strategic cooperation, Mr. Zhang Shuhao, the Deputy General Manager and General Manager of additive manufacturing division of Wenext, said that Wenext is a large-scale digital manufacturing innovation factory, with about a thousand non-metallic 3D printing equipment, CNC machining centers, sheet metal processing equipment, mold processing equipment, and inspection equipment, and it is a highly information-based digital manufacturing technology company with information-based software platform development and operation, online and offline marketing, innovative design, and processing services. In order to meet the customer's demand for metal 3D printing services, it is necessary to find a company that has the strength and can develop together with Wenext.

According to a large number of preliminary investigations in Wenext, HBD is a metal 3D printing company which focuses on equipment and technology, and provides a complete set of technical solutions such as equipment, software, materials, and printing processes. Their equipment has a large sales volume in the market, mature and stable, especially at the industrial end such as molds, stable stitiched printing with two lasers in mold application, leading the production efficiency in the industry. Their self-developed equipment software, data processing software and intelligent management software functions are deeply integrated, and can be seamlessly connected with the self-developed information software platform of Wenext, which can realize more efficient and intelligent manufacturing.

When being interviewed on what kind of new sparks will be created for the cooperation between HBD and Wenext, Ms. Mao Yi, the General Manager of Shanghai Hanbang United 3D Tech Co., Ltd., said that both HBD and Wenext are young teams with full passion for the industry and the future, and both companies are in a stage of rapid development. We saw that Wenext had just completed a high-quality financing of USD 55 million, which is a sign the capital market’s recognition of Wenext and this industry. When referring to equipment, HBD aims at helping Wenext to quickly realize the continuous upgrade of process technology and equipment, and builds industry special machines and intelligent factory at the large-scale application. To software, both parties will collaborate deeply. HBD has developed equipment operation software, data processing software and intelligent management software, which can seamlessly connect with Wenext’s self-developed information software platform. This seamless connection will achieve lean management and integrate 3D printing with internet, to realize the vertical integration of network, control system, management software and data platform. By optimizing the management and innovation of manufacturing models, we will improve manufacturing efficiency, expand product service capabilities, and enhance customer value, and create a new ecosystem of 3D printing manufacturing models, service models, and applications.

About Wenext

Wenext was launched in 2015 and is the earliest and currently largest 3D printing service platform in China. After 6 years of development, the company has grown into a multi-process one-stop supply chain service platform such as 3D printing, CNC, mold injection, sheet metal, etc. In the future, Wenext will digitally reconstruct the production line with orders as the starting point, and is committed to building an intelligent cloud platform in the era of flexible manufacturing, and providing the non-standard parts industry with a full-chain solution of "production, circulation and service".

About HBD

HBD is committed to becoming a master craftsman in the metal 3D printing industry. Relying on strong advanced equipment design and manufacturing capabilities, it has developed a total of 23 models in large, medium and small sizes. In order to solve the manufacturing pain points in the aerospace industry, it has successfully developed and shipped multi-light path metal 3D printing large-size equipment of 600mm*600mm*1000mm and 450mm*450mm*1500mm models. From metal additive manufacturing technology to the international leading technology LACM laser additive and laser cutting Manufacturing technology, with reliable products and professional services, HBD provide customers in various industries with comprehensive metal 3D printing application solutions, and continue to create maximum value for customers.