10 days, 6 boards Prince New Materials: The proportion of controllable nuclear fusion business is small and its sustainability is questionable.

Prince New Materials announces abnormal stock trading fluctuations and risk reminders. The company has observed that some media have included the company in the concept of controlled nuclear fusion. The company's controlling subsidiary Ningbo Xinrong Electric Technology Co., Ltd. only provides capacitor products for the magnet power project in controlled nuclear fusion, which is a component of the fusion magnet power device, not the complete device. The unit price and value in the device are relatively low, and the revenue from this business accounts for a very small proportion of the company's main business income, so the impact on the company's short-term performance is limited. Currently, there is still a long way to go before commercial applications of controlled nuclear fusion, and there is significant uncertainty about the sustainability of Ningbo Xinrong's participation in such projects to obtain orders. At present, in addition to our company, there are other suppliers in the market that can provide similar products, creating a certain level of competition in the overall market.