Bright Laser Technologies Reports 2024 Revenue of 1.326 Billion CNY, a 15.02% Year-on-Year Increase, with Workforce Expanding to 2,738 Employees

On April 30, 2025, Panda3dp.com learned that Xi’an Bright Laser Technologies Co., Ltd. had officially released its financial report for the year 2024. According to the report, the company achieved an operating revenue of 1.326 billion CNY, reflecting a 15.02% increase compared to the previous year. However, the net profit attributable to shareholders of the listed company reached 104.44 million CNY, representing a 5.26% decline year-on-year. The net profit attributable to shareholders, after deducting non-recurring gains and losses, stood at 35.67 million CNY, marking a significant 51.98% decrease compared to the same period last year.

During the reporting period, the aerospace sector remained the company’s primary revenue driver, contributing 61.45% of total operating income. Meanwhile, the industrial segment accounted for 34.10%, maintaining a level roughly consistent with the previous year — a result largely attributable to the company’s continued strategic focus on the aerospace industry. Additionally, Bright Laser Technologies achieved an impressive 58.47% increase in overseas revenue, driven by intensified efforts to expand its international market presence and explore new application fields.

As of December 31, 2024, the company employed 2,738 personnel, including 646 R\&D professionals, who comprised approximately 23.6% of the total workforce. The company has accumulated over 3,000 laser systems and approximately 150 sets of analytical and testing equipment, solidifying its status as the largest industrial base for metal additive manufacturing in China.

Self-developed products by Bright Laser Technologies recorded steady revenue growth. Revenue from customized 3D-printed products, proprietary 3D printing equipment, and 3D printing raw materials increased by 23.51%, 4.99%, and 41.38% respectively compared to the previous year — largely a result of the company’s unwavering commitment to deepening its presence in the aerospace sector while simultaneously cultivating new markets and application areas.

During the reporting period, the company achieved an operating revenue of 1,325.57 million CNY, a year-on-year increase of 15.02%. This growth was primarily driven by persistent expansion in the aerospace industry and ongoing exploration of emerging markets. R\&D expenditure reached 211.30 million CNY, representing a 15.17% increase from the previous year. This rise reflects the company’s continuous enhancement of its research and development capabilities, with increases in both R\&D personnel headcount and related compensation and direct investment.

In terms of production, Bright Laser Technologies manufactured 486 units of proprietary 3D printing equipment in the reporting period, representing a remarkable 62.54% increase year-on-year. These devices were allocated for both in-house use and external sales, with 184 units sold during the period, 57 fewer than the previous year. The company’s equipment inventory stood at 115 units, primarily comprising items awaiting sale or shipment acceptance.

△Achievements During the Reporting Period

In 2024, Bright Laser Technologies achieved significant progress in key research and development projects, securing a number of notable accomplishments. Over the course of the year, the company obtained 127 authorized patents, including 26 invention patents, along with 44 new software copyrights. Furthermore, 60 projects received various national and provincial-level honors and recognitions.

Among these, the company successfully passed the acceptance evaluation for major projects such as the Additive Manufacturing Demonstration Application for Aerospace Structural Components under the national key R\&D program. Additionally, the company participated in drafting 10 national and industry standards during the reporting period, contributing actively to the establishment of technical benchmarks within the additive manufacturing industry.

The company’s proprietary additive manufacturing equipment continued to evolve, incorporating multi-laser, large-format, high-speed, and intelligent manufacturing capabilities. The newly developed BLT-S1000 large-format additive manufacturing system and the BLT-S600 multi-laser intelligent equipment were officially launched in 2024 and have since been successfully applied in various aerospace projects, substantially improving production efficiency and quality stability.

In addition to hardware innovation, Bright Laser Technologies has made significant advancements in proprietary software development, intelligent control systems, and industrial internet applications for additive manufacturing. These breakthroughs have enhanced equipment autonomy, printing process precision, and intelligent monitoring capabilities, providing robust technical support for the company’s strategic expansion into the aerospace, energy, automotive, and medical industries.

Business Plan for 2025

Looking ahead to 2025, Bright Laser Technologies has laid out a clear and ambitious operational strategy. The company intends to further deepen its strategic focus on the aerospace sector, vigorously advancing key projects for the additive manufacturing of aerospace structural components, and solidifying its role as a trusted supplier of metal additive manufacturing solutions within the aerospace domain.

At the same time, the company will actively pursue diversification in its market landscape, accelerating expansion into new industrial sectors such as energy, medical, and automotive applications. By leveraging its technological advantages and product capabilities, the company aims to broaden the scope of additive manufacturing applications across various industries.

On the international front, Bright Laser Technologies will strengthen its overseas business operations, optimizing its global sales and service network while cultivating strategic partnerships with international clients. These efforts are designed to elevate the company’s global market share and brand influence.

In terms of technological innovation, the company will maintain its commitment to increasing investment in research and development, fostering breakthroughs in large-format, high-precision, and multi-laser additive manufacturing equipment, as well as metal powder materials and proprietary software. These initiatives will further enhance the company's comprehensive competitiveness in the metal additive manufacturing field.

Meanwhile, Bright Laser Technologies will continue to improve its internal management systems, optimize production efficiency, and strengthen operational cost control, ensuring steady and sustainable business development. The company remains dedicated to creating long-term value for its shareholders while actively contributing to the high-quality growth of China’s advanced manufacturing industry.