SAIC Group invests in the nuclear fusion company Xinhui Jueneng.

According to the Qichacha APP, recently, Shanghai Xinghuan Juneng Technology Co., Ltd. underwent a business change, adding Shanghai SAIC Chuangyuan Venture Capital Partnership under the SAIC Group as a shareholder, and the registered capital has been increased to 2.0901 million yuan. Qichacha information shows that the company was established in 2021, with a business scope that includes: research and development of key technologies for waste heat power generation; research and development of energy recovery systems; energy management services; and industrial engineering design services, among others. Public information indicates that Xinghuan Juneng is a nuclear fusion company.