Core Viewpoint - The concept of controllable nuclear fusion stocks is experiencing a significant surge, with multiple companies seeing substantial stock price increases [1] Group 1: Stock Performance - Yongding Co. and Wangzi New Materials both reached the daily limit increase [1] - Hezhong Intelligent has achieved six consecutive trading limit increases over ten days [1] - Antai Technology has seen three consecutive trading limit increases [1] - Zhongzhou Special Materials and Lianchuang Optoelectronics have both risen over 8% [1] - Other companies such as Haheng Huaton, Xuguang Electronics, Guoguang Electric, Changfu Co., Baili Electric are also experiencing upward trends [1]

Investment Rating - The industry investment rating is "Positive" (maintained) [1] Core Viewpoints - The controlled nuclear fusion sector is experiencing steady progress in research and construction, with continuous order releases, indicating a positive long-term development outlook [8][35] - The BEST device construction has fully commenced, and the core component bidding is expected to accelerate [6][22] - Recent breakthroughs in plasma discharge frequency and intensity by Zap Energy mark significant advancements towards commercialization [20][21] Summary by Sections Sector Review - In the week of October 9-10, 2025, most segments within the controlled nuclear fusion sector saw price increases, with notable gains in individual stocks such as Hahai Huadong (+29.6%), Hezhuan Intelligent (+21.0%), and Antai Technology (+21.0%) [5][15] - The magnetic materials segment rose by 10.9%, vacuum chamber and metal forgings by 10.8%, and upstream metal materials by 7.6% [17] Industry Dynamics - The BEST device's key component, the Dewar base, has been successfully installed, marking a new phase in the project [22] - Germany announced a €2 billion fusion action plan aimed at establishing a demonstration reactor by the 2040s [25] - Gauss Fusion released a concept design report for Europe's first commercial fusion power plant, with an estimated investment of €15-18 billion [31] Company Developments - Hangyang Group won a bid for a low-temperature liquid helium testing system project, which is crucial for the controlled nuclear fusion low-temperature system [34] Weekly Perspective - The ongoing development of nuclear fusion devices and the release of orders are viewed positively for the sector's long-term prospects, with a focus on core components such as magnets, main units, and power supplies [35]

Core Viewpoint - The company, Lianchuang Optoelectronics, announced a share buyback plan, indicating a commitment to enhancing shareholder value through the repurchase of its own shares [2] Summary by Categories Company Actions - As of September 30, 2025, the company has repurchased a total of 1,863,400 shares through the Shanghai Stock Exchange, representing 0.4109% of its current total share capital [2]

Core Viewpoint - Jiangxi Lianchuang Optoelectronics Technology Co., Ltd. announced the progress of repaying loans and repurchasing minority shares of its subsidiary, Jiangxi Lianchuang Display Technology Co., Ltd. [1] Transaction Overview - The company plans to repurchase 33.0229% of shares from Nanchang Airport Industry Equity Investment Management Co., Ltd. for 100 million yuan, making Jiangxi Lianchuang Display a wholly-owned subsidiary [2] - The repurchase will be recorded as a long-term payable according to accounting standards, effectively repaying the debt owed to the investment company [2] Transaction Progress - On September 2, 2025, the shares were publicly listed for transfer, with the deadline for bidding set for September 29 [3] - Jiangxi Lianchuang was the only bidder, and on September 30, a contract was signed for the share transfer, with the payment already completed [3] Contract Main Content - The contract specifies that the transferor is the investment company and the transferee is Jiangxi Lianchuang, with the transfer price set at 100 million yuan [4] - The payment is to be made in a lump sum within five working days after the contract becomes effective, and the registration change must be completed within ten working days after the issuance of the transaction certificate [4] Transaction Impact and Risks - The repurchase is part of fulfilling prior agreements and will not significantly impact the company's financial status or operational results [5] - However, the need for further registration changes may pose some risks that investors should be aware of [5]

Core Viewpoint - Lianchuang Optoelectronics (600363.SH) has announced a share buyback program, indicating confidence in its stock value and future prospects [1] Summary by Categories Share Buyback Details - The company has repurchased a total of 1.8634 million shares, which represents 0.4109% of its current total share capital [1] - The highest purchase price was 62.00 CNY per share, while the lowest was 53.44 CNY per share [1] - The total amount spent on the buyback is 105 million CNY, excluding transaction fees such as stamp duty and commissions [1]

证券代码：600363 证券简称：联创光电 公告编号：2025-077 江西联创光电科技股份有限公司 关于股份回购进展公告 本公司董事会及全体董事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： | 回购方案首次披露日 | 2025/1/24 | | | | | | | --- | --- | --- | --- | --- | --- | --- | | 回购方案实施期限 | 年 月 2025 2 2 | 10 | 日~2026 | 年 | 月 | 日 9 | | 预计回购金额 | 10,000万元~15,000万元 | | | | | | | 回购用途 | √减少注册资本 □用于员工持股计划或股权激励 □用于转换公司可转债 | | | | | | | | □为维护公司价值及股东权益 | | | | | | | 累计已回购股数 | 1,863,400股 | | | | | | | 累计已回购股数占总股本比例 | 0.4109% | | | | | | | 累计已回购金额 | 104,635,782.73元 | | | | | | | ...

（记者 曾健辉） 截至发稿，联创光电市值为298亿元。 每经头条（nbdtoutiao）——与美元脱钩后，暴涨102倍，揭秘黄金疯涨背后神秘的"无形之手"！专家： 推动金价上涨的逻辑没有变 每经AI快讯，联创光电（SH 600363，收盘价：65.69元）10月9日晚间发布公告称，截至2025年9月30 日，公司通过上海证券交易所交易系统以集中竞价交易方式累计回购公司股份约186万股，占公司当前 总股本比例为0.4109%，购买的最高价为62元/股，最低价为53.44元/股，已支付的总金额为人民币约 1.05亿元。 ...

证券代码：600363 证券简称：联创光电 编号：2025-076 江西联创光电科技股份有限公司 关于偿还借款暨回购子公司江西联创显示科技有限公司 少数股权的进展公告 本公司董事会及全体董事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个别及连带责任。 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"）以自有或自筹资金 10,000 万元偿还南昌临空产业股权投资管理有限公司（以下简称"临空产业投资 公司"）借款暨回购其持有的公司控股子公司江西联创显示科技有限公司（以下 简称"联创显示"）33.0229%股权（以下简称"本次交易"）。 2025 年 9 月 30 日，公司通过江西省产权交易所摘牌方式受让临空产业 投资公司持有的联创显示 33.0229%股权，交易价格为 10,000 万元。同日，公司 与临空产业投资公司就本次交易签署《产权交易合同》。目前，本次交易股权转 让价款已支付。 本次交易尚需办理工商登记变更等法律法规规定的程序，公司将严格按 照相关法律、法规要求，履行信息披露义务，敬请广大投资者注意投资风险。 一、交易概述 公司于 202 ...

Core Viewpoint - The superconducting sector continues to strengthen, with several companies experiencing significant stock price increases, indicating growing investor interest and potential market opportunities [1] Company Summaries - Western Superconducting Technologies, Yongding Co., and Jinbei Electric all reached their daily price limit, reflecting strong market performance [1] - Other companies such as Jingda Co., Baili Electric, Lianchuang Optoelectronics, Dongfang Tantalum, Baoshen Co., and Zhongtian Technology also saw their stock prices rise, indicating a broader trend in the superconducting industry [1]

节后首个交易日（10月9日），国防军工板块早盘盘中水下直线拉起，代码有"八一"的国防军工ETF （512810）直线冲高1%！成份股方面，可控核聚变概念股活跃，西部超导一度冲击18%，联创光电大 涨超6%。 消息面上，位于安徽合肥未来大科学城的紧凑型聚变能实验装置（BEST）主机首个关键部件——杜瓦 底座成功落位安装，标志着项目主体工程建设步入新阶段，部件研制和工程安装开启"加速度"。 分析人士认为，"九三"后资金兑现调仓或已接近尾声，当前国防军工板块整体或已企稳，随着"十五 五"临近，新一阶段的装备建设即将启动，重点关注景气上行和新质新域方向。 风险提示：国防军工ETF被动跟踪中证军工指数，该指数基日为2004.12.31，发布于2013.12.26。2020- 2024年分年度历史收益分别为：67.91%、14.28%、-25.74%、-11.02%、8.20%。指数成份股构成根据该 指数编制规则适时调整，其回测历史业绩不预示指数未来表现。以上个股均为标的指数成份股，仅作展 示，个股描述不作为任何形式的投资建议，也不代表管理人旗下任何基金的持仓信息和交易动向。基金 管理人评估的本基金的风险等级为R3-中风 ...