{
 "licence": "CC BY 4.0",
 "licence_url": "https://creativecommons.org/licenses/by/4.0/",
 "cite_as": "Nozzle4, https://nozzle4.com/data/",
 "note": "Compiled by Nozzle4 from the sources linked on each row. The facts belong to their sources; the compilation is licensed CC BY 4.0, so use it with a credit and a link.",
 "slug": "uniontech",
 "name": "UnionTech",
 "status": "private",
 "status_label": "Private",
 "segment": "Resin, large-format and sand printers",
 "page": "https://nozzle4.com/companies/uniontech/",
 "listing": null,
 "headquarters": "Shanghai, China",
 "founded": 2000,
 "ownership": "Investor-owned; founders have exited, Lianxin Capital-led group holds about 18 per cent",
 "technologies": [
  "SLA",
  "DLP"
 ],
 "description": "Shanghai stereolithography specialist that claims the largest SLA market share in China, with industrial SLA systems, DLP machines, resins and its own print-management software. It has been preparing a listing on Shanghai’s STAR Market since 2022.",
 "last_checked": "2026-10-04",
 "timeline": [
  {
   "date": "2000",
   "title": "Founded in Shanghai",
   "detail": null,
   "source": "https://3dprint.com/287788/uniontech-takes-31m-to-grow-sla-3d-printing/"
  },
  {
   "date": "2002",
   "title": "Starts working with Materialise",
   "detail": null,
   "source": "https://www.uniontech3d.com/one-of-chinas-am-pioneers.html"
  },
  {
   "date": "2015",
   "title": "Sells 162 systems in a year",
   "detail": "Before 2012 it had been selling between one and 15 units a year.",
   "source": "https://www.uniontech3d.com/one-of-chinas-am-pioneers.html"
  },
  {
   "date": "2020",
   "title": "Turnover of about 45 million dollars",
   "detail": "Systems and materials combined. Resin sales had grown from 20.4 tonnes in 2014 to 531.4 tonnes in 2019.",
   "source": "https://www.uniontech3d.com/one-of-chinas-am-pioneers.html"
  },
  {
   "date": "Dec 2021",
   "title": "Raises 200 million yuan in a Series D",
   "detail": "About 31 million dollars, led by Dening Capital, with Evonik’s venture arm among the investors.",
   "source": "https://3dprint.com/287788/uniontech-takes-31m-to-grow-sla-3d-printing/"
  },
  {
   "date": "2022",
   "title": "Begins preparing a STAR Market listing",
   "detail": null,
   "source": "https://www.uniontech3d.com/one-of-chinas-am-pioneers.html"
  },
  {
   "date": "2023",
   "title": "Leads growth in industrial vat photopolymerization category",
   "detail": "Per Context research, UnionTech and Formlabs led growth in the industrial vat photopolymerization category over 2023; domestic Chinese unit sales of its machines were up 66 per cent year on year in Q2 2023, though shipments then fell 28 per cent year on year in Q3 2023 against a strong Covid-recovery comparison.",
   "source": "https://www.contextworld.com/research-updates/3d_printing"
  },
  {
   "date": "Jun 2026",
   "title": "Drops STAR Market plan, files for Hong Kong listing instead",
   "detail": "UnionTech filed a main-board listing application with the Hong Kong Stock Exchange around 26-29 June 2026, with Haitong International as sole sponsor, after years of preparing a Shanghai STAR Market listing.",
   "source": "https://www.163.com/dy/article/L0EJ81G105198UNI.html"
  },
  {
   "date": "Jun 2026",
   "title": "Prospectus shows swing from profit to loss and back",
   "detail": "The listing prospectus shows adjusted net profit of 14.6 million yuan in 2023, an adjusted net loss of 42.06 million yuan in 2024, and a return to an adjusted net profit of 10.61 million yuan in 2025, on annual revenue of about 560 million yuan with a net loss of 31.39 million yuan; cash and equivalents stood at 149 million yuan at the end of 2025.",
   "source": "https://caifuhao.eastmoney.com/news/20260627104707225984620"
  },
  {
   "date": "Jun 2026",
   "title": "Founders have left the company before listing",
   "detail": "The prospectus discloses that founders Zou Bo and Zhao Yi no longer work at UnionTech, with Zhao Yi retaining a 2.41 per cent stake and Zou Bo holding none; chairman Xu Hai, a partner at pre-IPO investor Lianxin Capital, leads a shareholder group that signed a concert-party agreement in January 2023 controlling about 18.12 per cent of the shares, alongside other pre-IPO backers including Evonik Venture Capital and Zhongtai Securities' venture arm.",
   "source": "https://www.163.com/dy/article/L0JI4RNE0552LIRB.html"
  }
 ]
}