Pantum Technology Co., Ltd.

Pantum Technology Co., Ltd. is a subsidiary of Ninestar Corporation, which has been active in the printing and imaging industry for over 20 years. Ninestar is recognized as the fourth-largest laser printer manufacturer globally and ranks among the Top 500 Chinese enterprises. The company operates across a comprehensive industrial chain, from upstream components to complete machine services, and markets its products in over 150 countries and regions. Ninestar's portfolio includes well-known brands such as Lexmark, Pantum, Apexmic, Geehy, and G&G. Ninestar's primary business segments encompass laser printers, integrated circuits, and compatible printing consumables. The company is a leader in the printer integrated circuit and replacement cartridge markets, with a strong emphasis on research and development, employing over 20% of its workforce in this area. Ninestar holds a significant number of patents, reinforcing its competitive position in a highly concentrated industry. As a prominent domestic brand, Ninestar is poised to benefit from the increasing localization of printer manufacturing in China, which is the largest market for laser printer shipments globally.

The technology and market of the printer industry are highly concentrated and rely on a high degree of patent barrier protection. So far, there are no more than ten manufacturers with independent core technology and manufacturing capacity in the world, mainly American and Japanese enterprises. At the same time, the printer is very important in the field of information security. It is an important part of computer peripherals. It can directly contact and process the digital information of the computer system. It is an important equipment for the input and output of core information data. China is the second largest market for printer shipments in the world and the largest market for laser printer shipments in the world. In the future, there is a huge room for the improvement of printer localization. As a domestic leading brand in the printer field, Ninestar will deeply benefit from the trend of printer domestic substitution. Ninestar is expected to continue to expand its market share and its performance will continue to grow steadily. Patent is the main embodiment of building entry barriers in science and technology industry. In the printing industry, patented technology is a solid protection barrier. As of December 31, 2024, the company has 6,234 patents independently developed and patented, including 3,524 invention patents, 2,034 utility model patents, 676 design patents, and 298 software copyrights and integrated circuited signs. Meanwhile, another 1,473 patent applications are under review. Printer industry has strong counter-cyclical characteristic, and is rarely influenced by the economic cycle. Although the paperless trend has some impact on the industry, the global print needs are still growing instead of declining over the past decade. Ninestar Corporation is a world leader in its printer IC business and replacement cartridge business, while Lexmark possesses a leading position in high-end laser printer. Ninestar has huge potentials. In the future, we will keep our vision of "becoming a leading technology and service company in the printing industry and building a world-renowned brand", and focus on our three major business segments: laser printers, integrated circuits, and compatible printing consumables.