Core Viewpoint - Lianchuang Optoelectronics experienced a stock price decline of 3.83% on July 29, closing at 55.75 yuan, with a trading volume of 196,200 lots and a transaction amount of 1.103 billion yuan [1] Group 1: Company Performance - The company reported a revenue of 801 million yuan and a net profit of 116 million yuan for the first quarter of 2025 [1] - The main business of Lianchuang Optoelectronics includes LED devices and application products, as well as cable products, which are widely used in home appliances, communications, and power sectors [1] Group 2: Shareholder Activity - The company's Vice President, Deng Huixia, increased her shareholding by purchasing 6,300 shares on July 29, amounting to 350,000 yuan, raising her ownership stake to 0.0423% [1] Group 3: Market Activity - On July 29, there was a net outflow of 241 million yuan from major funds, accounting for 0.95% of the circulating market value [1]

登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：600363 证券简称：联创光电 公告编号：2025-057 江西联创光电科技股份有限公司 关于董事、副总裁增持股份公告 本公司董事会、全体董事及相关股东保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏， 并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： ● 江西联创光电科技股份有限公司（以下简称"公司"）董事、副总裁邓惠霞女士于2025年7月29日通过 上海证券交易所交易系统以集中竞价方式增持公司A股股份，资金来源为自有资金，增持金额为35.10万 元，增持公司股份6,300股，占公司目前总股本的0.0014%。 ● 本次增持不触及权益变动报告义务 ● 本次增持不会导致股东身份发生变化 一、增持主体的基本情况 ■ 二、增持股份情况 ■ 三、其他说明 1、本次增持公司股份是基于对公司未来持续稳定发展的信心及对公司价值的认同，公司董事、副总裁 邓惠霞女士承诺，在增持实施期间及法定期限内不减持所持有的公司股份。 2、本次增持主体在本次披露公告发布之前12个月内未披露增持计划。 3、本次增持主体暂未提出后续增持计划。 4、本次增持行 ...

证券代码：600363 证券简称：联创光电 公告编号：2025-057 江西联创光电科技股份有限公司 ? 江西联创光电科技股份有限公司（以下简称"公司"）董事、副总裁 邓惠霞女士于 2025 年 7 月 29 日通过上海证券交易所交易系统以集中 竞价方式增持公司 A 股股份，资金来源为自有资金，增持金额为 35.10 万元，增持公司股份 6,300 股，占公司目前总股本的 0.0014%。 ? 本次增持不触及权益变动报告义务 ? 本次增持不会导致股东身份发生变化 一、增持主体的基本情况 增持主体名称 公司董事、副总裁邓惠霞女士 控股股东或实控人 ?是 ?否 控股股东或实控人的一致行动人 ?是 ?否 增持主体身份 直接持股 5%以上股东 ?是 ?否 董事、监事和高级管理人员 ?是 ?否 ?其他：__________ 增持前持股数量 185,700 股 增持前持股比例 （占总股本） 二、增持股份情况 增持主体名称 公司董事、副总裁邓惠霞女士 增持股份种类 公司 A 股股份 增持股份实施期间 2025 年 7 月 29 日 增持股份对应方式及数量 女士通过上海证券交易所集中竞价平台实施 增持，具体增持情况为，A 股 ...

证券日报网讯 7月29日晚间，联创光电发布公告称，公司董事、副总裁邓惠霞女士于2025年7月29日通 过上海证券交易所交易系统以集中竞价方式增持公司A股股份，资金来源为自有资金，增持金额为35.10 万元，增持公司股份6，300股，占公司目前总股本的0.0014%。 （文章来源：证券日报） ...

证券代码：600363 证券简称：联创光电 公告编号：2025-057 江西联创光电科技股份有限公司 关于董事、副总裁增持股份公告 本公司董事会、全体董事及相关股东保证本公告内容不存在任何虚假记载、 误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 一、增持主体的基本情况 增持主体名称 公司董事、副总裁邓惠霞女士 增持主体身份 控股股东或实控人 是 否 控股股东或实控人的一致行动人 是 否 直接持股 5%以上股东 是 否 董事、监事和高级管理人员 是 否 其他：__________ 增持前持股数量 185,700 股 增持前持股比例 （占总股本） 0.0409 % 二、增持股份情况 | 公司董事、副总裁邓惠霞女士 | | --- | | 增持主体名称 | 1 江西联创光电科技股份有限公司（以下简称"公司"）董事、副总裁 邓惠霞女士于 2025 年 7 月 29 日通过上海证券交易所交易系统以集中 竞价方式增持公司 A 股股份，资金来源为自有资金，增持金额为 35.10 万元，增持公司股份 6,300 股，占公司目前总股本的 0.0014%。 本次增持不触及权益变动报告义 ...

格隆汇7月29日丨联创光电(600363.SH)公布，公司董事、副总裁邓惠霞女士于2025年7月29日通过上海 证券交易所交易系统以集中竞价方式增持公司A股股份，资金来源为自有资金，增持金额为35.10万元， 增持公司股份6,300股，占公司目前总股本的0.0014%。 ...

联创光电（600363）公告，董事、副总裁邓惠霞于2025年7月29日通过上海证券交易所集中竞价增持公 司A股6300股，耗资35.1万元，占公司总股本0.0014%；增持后其持股19.2万股，占0.0423%。 ...

Investment Rating - The report maintains an investment recommendation for the controllable nuclear fusion sector, indicating a positive outlook for future developments in this area [1]. Core Insights - The report emphasizes that controllable nuclear fusion is seen as a potential ultimate energy solution, with significant advancements expected in the coming years as the industry transitions from experimental to engineering phases [4][14]. - Domestic projects are progressing beyond expectations, with increased capital investment from various sectors, indicating a robust growth trajectory for the industry [18][22]. - Internationally, countries like the United States are accelerating their nuclear fusion initiatives, which could further enhance the global market for fusion energy [23][24]. Summary by Sections 1. Controllable Nuclear Fusion: A Frontier Technology - Controllable nuclear fusion is highlighted as a solution to energy challenges, with abundant fuel reserves and sustainability potential [14][15]. - The report outlines the four key stages of nuclear fusion development: scientific feasibility verification, engineering feasibility verification, demonstration reactors, and commercial application reactors [27][30]. 2. Investment Opportunities - The report forecasts a capital expenditure exceeding 145.5 billion yuan in the next 3-5 years, with annual investments potentially reaching close to 10 billion yuan [6][45]. - Key components of the nuclear fusion technology, such as magnets, vacuum chambers, and power systems, are identified as high-value segments within the industry [7][49]. 3. Industry Chain Analysis - The industry chain is segmented into upstream strategic materials, midstream high-end manufacturing, and downstream operational management [8]. - Specific companies are recommended for investment, including China Nuclear Power, Lianchuang Optoelectronics, and Sihua Electronics, which are involved in various aspects of nuclear fusion technology [8][46]. 4. Key Company Introductions - China Nuclear Power is noted for its investment in China Fusion Energy Company, positioning itself for long-term growth in the nuclear sector [8]. - Lianchuang Optoelectronics is recognized for its advancements in high-temperature superconducting magnets and participation in significant projects like the Spark-1 [8]. - Sihua Electronics is highlighted for its successful bids in key projects, indicating strong market positioning in the nuclear fusion space [8].

Investment Rating - The report indicates a positive outlook for the controlled nuclear fusion industry, suggesting that companies with leading technologies and core component supply capabilities are likely to benefit first as fusion devices are deployed [3]. Core Insights - Controlled nuclear fusion is viewed as a clean, safe, and sustainable ultimate energy source, with significant potential for large-scale commercialization in the future [4][8]. - The report highlights the importance of the Lawson criterion and the Q factor in achieving sustainable fusion reactions, emphasizing that meeting these conditions is crucial for commercialization [17][18]. - The global landscape for fusion energy is rapidly evolving, with multiple countries, including the US, UK, Germany, and Russia, actively pursuing fusion power projects expected to come online in the 2030s [34][36]. Summary by Sections 1. Development Window for Controlled Nuclear Fusion - The report notes that the domestic and international fusion energy sector is entering a critical development phase, with significant projects underway [5][34]. - Key projects include the Hefei BEST project in China, which aims to be the world's first to conduct steady-state deuterium-tritium combustion by 2027 [52]. 2. What is Controlled Nuclear Fusion? - Controlled nuclear fusion is characterized by high energy release efficiency, safety, abundant fuel sources, and minimal environmental pollution [4][8]. - The primary fuels for fusion are deuterium and tritium, with deuterium being readily available from water and tritium produced through lithium reactions [8][11]. 3. Technical Pathways for Controlled Nuclear Fusion - Magnetic confinement is identified as the most effective method for achieving fusion energy, with the Tokamak design being the most widely researched and developed [18][19]. - The report discusses advancements in high-temperature superconductors and AI technology that enhance plasma control and reduce the size and cost of fusion devices [26][27]. 4. Progress in Controlled Nuclear Fusion - The report outlines significant international efforts, including the ITER project, which aims to demonstrate the feasibility of fusion energy by achieving a Q factor greater than 10 [38][43]. - Various countries are ramping up investments in fusion energy, with the US planning to build the world's first fusion power plant by 2028 [34][35]. 5. Beneficiary Companies - The report identifies several companies poised to benefit from the growth of the fusion energy sector, including those involved in magnet systems, high-temperature superconductors, vacuum chambers, and other supporting technologies [3].

Investment Rating - The report assigns an "Outperform" rating to the nuclear fusion industry [1] Core Insights - China's nuclear fusion technology has developed over 60 years, establishing a theoretical and engineering foundation for next-generation energy [1] - The report highlights significant advancements in nuclear fusion technology, with many countries accelerating their development strategies, particularly in the U.S. with Tokamak and linear devices [3] - The investment in China's nuclear fusion sector is expected to be sustainable, benefiting the related industrial chain [1][3] Summary by Sections Industry Overview - The nuclear fusion industry is transitioning from a "0 to 1" phase, with key components such as magnets, power supplies, and vacuum switches presenting investment opportunities [3][29] - The report emphasizes the importance of the ITER project in enhancing China's theoretical knowledge and equipment manufacturing capabilities [3][21] Technological Advancements - Breakthroughs in key technologies, including superconducting magnets and tritium processing, have resolved engineering obstacles in nuclear fusion devices [3][21] - The report notes that the U.S. aims to demonstrate nuclear fusion by 2030 and commercialize it by 2040, while China is expected to see significant project launches in the next 2-3 years [3][29] Policy and Government Support - The Chinese government has identified nuclear fusion as a key focus for future energy development, with various local governments actively supporting foundational research and equipment manufacturing [3][31] - The report outlines that the 14th Five-Year Plan emphasizes the importance of nuclear fusion, hydrogen energy, and biomass as future energy sources [3][29] Investment Recommendations - The report recommends focusing on companies involved in core components of the nuclear fusion industry, such as Western Superconducting, Lianchuang Optoelectronics, and Antai Technology [3][29] - It suggests that the nuclear fusion sector is poised for accelerated investment during the 14th Five-Year Plan period [3][29]