China Fusion Energy Company increases capital to 15 billion, a growth of 325%.

date
04/09/2025
Tianyancha's business information shows that recently, China Fusion Energy Co., Ltd. has undergone a business change, with the addition of China Petroleum Group Kunlun Capital Co., Ltd., China Nuclear Power, Zhejiang Energy Power, and others as shareholders. The registered capital has increased from about 3.531 billion RMB to 15 billion RMB, an increase of approximately 325%. Liu Ye has changed from director to chairman, and several new key personnel have been added. China Fusion Energy Co., Ltd. was established in June 1983, with Liu Ye as the legal representative. Its business scope includes research and development of emerging energy technologies, complete sets of nuclear power equipment and engineering technology development, engineering and technical research and experimental development, intellectual property services, energy recovery system research and development, power generation technology services, etc. Shareholder information shows that the company is now jointly owned by China National Nuclear Corporation and the newly added shareholders mentioned above.
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GitLab announced a strong financial performance for the second quarter of the 2026 fiscal year, with Q2 revenue reaching 2.36 billion US dollars, a year-on-year increase of 29%. The non-GAAP operating profit margin was 17%. It is expected that the revenue for the 2026 fiscal year will be between 9.36 billion and 9.42 billion US dollars. The company revealed that the number of customers with Annual Recurring Revenue (ARR) exceeding 5,000 US dollars reached 10,338, a year-on-year increase of 11%; and the number of customers with ARR exceeding 100,000 US dollars reached 1,344, a year-on-year increase of 25%. The USD-based net retention rate was 121%. Additionally, the company has signed a three-year strategic partnership agreement with Amazon Web Services (AWS). This agreement will expand the application scope of GitLab Dedicated, a single-tenant product that helps enterprises and public sectors in highly regulated industries meet complex compliance requirements including data residency, isolation, and private networking while leveraging cloud infrastructure. Brian Robins, Chief Financial Officer of GitLab, stated: "Our team achieved strong performance in the second quarter of the 2026 fiscal year, with a 29% increase in revenue and a significant year-on-year improvement in operating profit margin. GitLab's continued growth reflects the transformative value that enterprises derive from our unique platform - our DevSecOps platform is cloud-agnostic, model-neutral, has comprehensive contextual AI capabilities covering the entire process from planning to deployment, and can run in any environment, including air-gapped environments (environments physically isolated from external networks)."
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