The 2026 edition of our AMA: Energy online conference returns on April 30th. Register now! Hangzhou-based metal 3D printing manufacturer Eplus3D has withdrawn its application for an initial public offering on the Shanghai Stock Exchange ’s Science and Technology Innovation Board . The SSE formally terminated its review after the company and its sponsor, CITIC Securities , jointly submitted the withdrawal request. No reason for the withdrawal was disclosed. The planned offering had sought to raise RMB 1.2045 billion (approximately $176.6 million) through the issuance of up to 29.22 million new shares, representing no less than 25% of post-issuance total share capital. The collapse raises questions about what route to capital the company will take next, given the scale of the expansion plans the proceeds were intended to fund. Now, these plans were specific.…