On June 5, Creality (03388.HK) fell 5.03% in regular trading, trading at HKD 21.9/share, with trading volume of HKD 19.48 million.
The decline reflects sustained pressure from multiple fronts following the company's Hong Kong listing on May 29. A U.S. patent infringement lawsuit filed by Artec Europe remains unresolved, with the court having dismissed Creality's core defense arguments and excluded its principal technical expert testimony. The case is scheduled for jury trial in January next year, adding significant uncertainty to the company's outlook.
Meanwhile, profitability concerns persist. Although revenue grew from RMB 1.883 billion in 2023 to RMB 3.127 billion in 2025, adjusted net profit declined consecutively to RMB 92.39 million, while selling expenses surged from RMB 302 million to RMB 570 million over the same period. With IPO enthusiasm fading after the stock's 80% opening-day spike followed by sharp retreat, market anxiety over legal exposure and deteriorating profit structure continues to intensify.
Creality is a global consumer-grade 3D printing products and services provider, covering 3D printers, scanners, laser engravers, and its cloud platform Creality Cloud, with sales spanning approximately 140 countries.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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