With annual revenue exceeding 800 million, the Shenzhen-based Zongwei Cube is truly amazing!

During the 2020 epidemic, China's exports of 3D printers surged. According to AliExpress data, during the epidemic, sales of 3D printers on its platform doubled compared with 2019, and Shenzhen, as a major city for 3D printer manufacturers, also ushered in a small climax of development.

Zongwei Cube's annual revenue exceeds 800 million

Shenzhen Zongwei Cube Technology Co., Ltd. was established in 2015 and is located in Shenzhen, China. It mainly focuses on the research and development, production and sales of 3D printers. It owns its own printer brand Anycubic. Its products are used in education, industry, jewelry, medical and other fields. It is mainly sold on AliExpress and Amazon. Currently, 534 Anycubic products can be searched on AliExpress.

(Picture from AliExpress platform)

Data from AliExpress shows that printers are mainly divided into two types: civilian and industrial, with prices ranging from less than US$1,000 to hundreds of thousands of RMB. It is worth noting that nearly 90% of Zongwei Cube's products are sold to global markets such as the United States, Germany, and France, and its average annual sales have maintained a year-on-year growth of more than 100%, which also shows that 3D printing may be a sunrise industry.

Data shows that in 2020, the annual shipments of Zongwei Cube exceeded 500,000 units, and its annual revenue reached 800 million yuan. Zongwei Cube also stated that during the epidemic, the monthly sales volume reached more than 20,000 units, which doubled compared with previous years. It is expected that in 2021, with the popularity of 3D printing, it will continue to double.

Not only that, Chuangxiang 3D, which is also in the 3D printing industry, also stated that its sales volume increased sixfold year-on-year from March to April 2020. Especially in the first half of April, orders reached 160,000 units, which is equivalent to the rhythm of placing orders in seconds.

3D is on the front line of anti-epidemic efforts and becomes a lifesaver

At a time when epidemic supplies are in short supply, it has to be said that 3D printers have become a lifesaver, because many people have experienced its benefits and used it to make a variety of medical supplies, such as masks, face shields, goggles, ventilators and even isolation wards and other epidemic prevention supplies.

(Picture from AliExpress platform)

Chinese 3D printers are also favored by overseas consumers because of their high cost-effectiveness and overseas warehouse delivery. According to the National Bureau of Statistics, due to the boost in overseas sales markets , in the first quarter of 2020 , China's 3D printing equipment output increased by 87.7% year-on-year, and in April this growth rate further climbed to 344.7%.

In addition, in December 2020 , the chief designer of a Russian aircraft manufacturing plant used a 3D printer purchased on AliExpress to repair parts of a MiG -31 fighter jet , which also attracted a lot of onlookers, because the total cost was only about 1,800 yuan. It has to be said that 3D printing is a blessing and has brought another spring to many industries.

Zongwei Cube is transforming from a third-party platform to an independent website. This year, Zongwei Cube signed an SKA-level cooperation agreement with Alibaba to help it further expand its overseas market, improve its global layout, and truly realize the overseas expansion of its own brand. It has to be said that from the initial black technology to the current printing artifact, the development of Zongwei Cube can be said to be a journey of ups and downs.

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