Global nuclear energy development has ushered in a comprehensive revival, concept stocks have significantly outperformed the Shanghai Composite Index so far this year.

Since the beginning of this year, there have been continuous positive news in the nuclear power sector. Recently, the World Bank made a decision to end its financing ban on nuclear energy projects, which had been in place since 1959. According to the "China Nuclear Energy Development Report" blue book released by the China Nuclear Energy Industry Association, global nuclear energy development is experiencing a comprehensive revival. At the current construction speed and pace, it is expected that by 2030, China's installed nuclear power capacity will surpass that of the world to become the largest; it is estimated that by 2040, China's nuclear power installed capacity needs to reach 200 million kilowatt-hours, accounting for approximately 10% of the electricity generation. According to Securities Times Databao statistics, as of the close of June 16th, the total market value of A-share nuclear power concept stocks reached 848.6 billion yuan. Concept stocks have risen by an average of 20.01% since the beginning of the year, significantly outperforming the Shanghai Composite Index during the same period. Hahahua Tong, Yongding Co., Ltd., Rongfa Nuclear Power, Snowman Co., Ltd., and Yingliu Co., Ltd. are among the top five in terms of cumulative increase.