Since the fourth quarter, orders for nuclear fusion have increased significantly, and these companies have successfully won large contracts.
Currently, the domestic nuclear fusion industry is gradually entering the intensive bidding stage. Since the fourth quarter, the Institute of Plasma Physics of the Chinese Academy of Sciences in Hefei and Fusion New Energy Limited have significantly increased their bidding amounts, with the bidding amount in October approaching 500 million yuan, and in November reaching as high as 3.9 billion yuan. China Fusion Energy Limited has added nearly 150 million yuan to its bidding budget since the fourth quarter of this year. Among them, more than 10 A-share companies have won large bids in nuclear fusion, including recent winners such as Qifan Cable, Prince New Materials, and Western Superconducting. On December 16, Qifan Cable won the bid for the Fusion New Energy "BEST Magnet Power System 35kV Power Cable Procurement Project" with a bid amount of over 1.15 million yuan; Prince New Materials' holding subsidiary, Ningbo Xinrong Electrical Technology Co., Ltd., won the bid for the Fusion New Energy "Magnet Power Energy Storage System Procurement Project" with an amount of 79.8 million yuan; Western Superconducting's holding subsidiary, Xi'an Jueneng Superconducting Wire Material Technology Co., Ltd., won the bid for the Fusion New Energy Superconducting Wire Procurement Project with an amount of 55 million yuan.
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