Bentu Technology Co., Ltd. (hereinafter referred to as Bentu Technology or the Company) was founded in 2000. Starting with the production of general-purpose printing consumables, the Company has been deeply engaged in the printing imaging industry for more than two decades, focusing on the R&D, manufacturing, and sales of related products. Today, it has grown into the world’s fourth-largest laser printer manufacturer, a leading designer of specialized integrated circuit chips in the industry, and a global leader in the general-purpose consumables sector. The Company has also been recognized twice in a row by the Ministry of Industry and Information Technology of the People’s Republic of China as a “Single-Champion Manufacturing Enterprise.” In 2014, Bentu Technology was listed on the Shenzhen Stock Exchange under the stock code 002180.

The company’s core business spans three major segments: laser printers, integrated circuit chips, and general consumables and core components, thereby achieving end-to-end coverage of the entire printing industry value chain. Its operations extend to more than 150 countries and regions worldwide, and it has cultivated a portfolio of well-known industry brands, including PANTUM, Geehy, APEXMIC, G&G, and Static Control. Domestically, the company has established three state-of-the-art, intelligent, high-end industrial parks with a total land area exceeding 1.6 million square meters and an annual production capacity of 6 million units, leveraging large-scale, smart manufacturing to deliver cost-effective products and services to customers around the globe.

Nastar places great emphasis on technological innovation and patent development. With a global workforce of more than 20,000 employees, over 22% are R&D personnel, and the company’s cumulative R&D investment over the past three years has exceeded RMB 5 billion. Nastar’s product technologies span laser printers and related consumables, integrated circuit chips, core printer components, and general-purpose consumables, among other areas, and the company has been recognized as a “National Intellectual Property Advantage Enterprise.” Globally, Nastar has established nine major R&D centers and operates a national-level postdoctoral research workstation, while also maintaining 17 national, provincial, and municipal innovation platforms, as well as 30 industry–university–research collaboration and independent innovation platforms.

Total R&D Investment for 20241.704 billion yuanR&D personnel4,866 peopleR&D investment increased year-on-year.42%

Self-developed patent6,234 itemsPatent for Invention3,524 items Additionally2,068 itemsThe patent application is currently under examination; the above data are as of December 31, 2024.

After more than a decade of technological exploration and innovative research, PANTUM, the laser printer brand under Nastar, has established a fully integrated, end-to-end industrial value chain spanning “key components—printers—printing management services.” The company boasts the largest patent portfolio in China’s printing industry and enjoys industry-leading R&D capabilities. It has independently mastered source code at all levels of its printers as well as core software and firmware technologies, and possesses self-reliant, controllable key components such as SoC chips, LSU units, and printer engines. Additionally, PANTUM has built a domestically leading intellectual property analysis platform for the printing industry. Today, its product lineup covers single-function, multifunction, high-speed duplex, networked, and Wi-Fi-enabled models, meeting over 80% of users’ printing needs while also offering tailored solutions for specialized industry applications.

Nastar’s integrated circuit subsidiary, Jihai Microelectronics Co., Ltd., is an IC design company specializing in the R&D and design of industrial-grade and automotive-grade microcontrollers, high-performance analog and mixed-signal ICs, and system-on-chip solutions. The Jihai team boasts 20 years of experience in IC design and embedded systems development and operates six R&D centers worldwide.

Jihai Micro’s mission is “to drive industrial innovation through chip technology and continuously create value for our customers.” With technological innovation at the core of its development, the company primarily provides reliable, multi-platform, and application-specific chip products and solutions to industries such as industrial automation, automotive electronics, energy, and consumer electronics. These offerings address customers’ diverse needs in innovative applications requiring high integration, precise control, secure identification, and enhanced performance. To date, Jihai has served more than 10,000 customers worldwide.

As a mature business line, the company’s general consumables and core components have undergone more than two decades of continuous development and have now emerged as an industry leader. Owing to their outstanding market position, they have been consecutively recognized as “Manufacturing Single-Champion” enterprises by the Ministry of Industry and Information Technology for two consecutive terms. The product portfolio encompasses laser consumables, inkjet consumables, dot-matrix printer consumables, inks, and core consumable components such as integrated circuit chips.

Nastar boasts the first State Key Laboratory of Fine Chemicals in the general consumables industry—the Zhuhai R&D Center—and the industry’s first CNAS-accredited laboratory. It has pioneered numerous patent innovations, earning widespread recognition for its robust intellectual property portfolio. The company’s sales network spans more than 150 countries and regions worldwide, with subsidiaries and fully integrated supply-chain systems established in the United States, the Netherlands, Japan, and other key markets.

Looking ahead, we will remain true to our original aspiration and continue to pursue our vision of becoming a leading technology-driven service provider in the printing industry and building a globally recognized brand. Focusing on our three core business segments—general consumables, laser printers, and integrated circuits—we will steadfastly advance our international expansion, drive the premiumization of our products, increase investment in the integrated-circuit sector, strengthen our brand image, enhance our overall competitiveness, and deliver an exceptional printing experience to users around the world.