Group 1 - The nuclear power and controllable nuclear fusion concepts continue to rise, with China Nuclear Technology hitting the daily limit up [1] - Several stocks including Huaneng Welding, Atlantic, Baobian Electric, Shangwei Co., China General Nuclear Power Technology, Rongfa Nuclear Power, and Harbin Air Conditioning have also seen significant gains [1] - Guoguang Electric, Jiusheng Electric, and Zhongzhou Special Materials have increased by over 10% [1] Group 2 - In the Hong Kong market, China Nuclear International experienced a surge of 180% at one point [1]

Core Viewpoint - The recent surge in nuclear energy stocks in A-shares is linked to the positive developments in the U.S. nuclear energy sector, particularly following President Trump's signing of executive orders aimed at reforming the nuclear industry [1][3]. Group 1: Market Performance - A-shares nuclear energy stocks saw significant gains, with nearly 20 related stocks hitting the daily limit or rising over 10% [1][3]. - In the Hong Kong market, China National Nuclear Corporation experienced a surge of over 180% [1]. - The U.S. nuclear energy stocks also rallied, with Lightbridge rising by 42.59% and NANO Nuclear increasing by over 30% [1]. Group 2: U.S. Policy Impact - Trump's executive orders aim to accelerate the approval process for nuclear reactors used for defense and AI, with a goal to quadruple nuclear power output in the next 25 years [3]. - The orders also include provisions for the construction of 10 large reactors by 2030 and adjustments to regulatory processes for experimental reactors [3]. Group 3: Global Nuclear Energy Trends - The nuclear energy revival cycle has been ongoing since 2019, with developing countries like China continuing to approve and construct new nuclear units [3][4]. - The anticipated increase in nuclear power demand is expected to benefit uranium as a nuclear fuel, leading to a tighter supply-demand balance [3][4]. Group 4: Nuclear Energy Advantages - Nuclear power is highlighted as a clean, safe, and efficient energy source, with annual utilization hours exceeding 7000, making it the most efficient among all energy sources [4]. - The role of nuclear energy in addressing climate change and promoting energy transition is emphasized, with potential applications in desalination, hydrogen production, and medical protection [4]. Group 5: Nuclear Fusion Developments - The nuclear fusion sector has entered a phase of intensive catalysis, with significant gains in related stocks since early May, particularly in controlled nuclear fusion [5][7]. - The ITER project, a major international collaboration, has achieved significant milestones, marking progress towards commercializing controlled nuclear fusion [6][7]. - Continued investment and project developments in nuclear fusion are expected to accelerate industry growth, benefiting related companies [6][7].

Core Viewpoint - The A-share controllable nuclear fusion sector is experiencing significant gains, with multiple stocks reaching their daily limit up, indicating strong investor interest and market momentum [1] Group 1: Stock Performance - Changfu Co., Ltd. has seen its stock price increase by over 17% [1] - Guoguang Electric has risen by more than 11% [1] - Hezhuan Intelligent has hit the daily limit up [1] - Haheng Huadong has also reached a daily limit up of 20% [1] - Other stocks such as Rongfa Nuclear Power and Xue Ren Co., Ltd. have also hit their daily limit up [1]

Core Viewpoint - The nuclear power and controllable nuclear fusion concepts are gaining momentum, leading to significant stock price increases for several companies in the sector [1] Group 1: Stock Performance - Companies such as Hezhong Intelligent, Haheng Huaton, Xue Ren Co., Baili Electric, and Rongfa Nuclear Power have seen their stock prices hit the daily limit, with Hezhong Intelligent reaching a new high in over 10 years [1] - Other companies like Ruichi Manufacturing, Changfu Co., Zhongzhou Special Materials, and Jiusheng Electric have experienced stock price increases exceeding 10% [1] Group 2: Government Initiatives - On May 23, U.S. President Trump signed four executive orders aimed at reforming the U.S. nuclear energy industry, which includes expanding nuclear energy capacity, enhancing the nuclear energy supply chain, and shortening the approval process for nuclear projects [1] Group 3: Investment Potential - According to CITIC Securities, the total investment for domestic controllable nuclear fusion experimental reactors may exceed 60 billion yuan, creating a certain demand for upstream component orders [1]

Market Overview - The three major A-share indices collectively adjusted in the morning session, with the Shanghai Composite Index down 0.30%, the Shenzhen Component Index down 0.71%, and the ChiNext Index down 1.28% [1] - The total market turnover for the half-day was 661 billion, a decrease of 1 billion compared to the previous day, with 2,600 stocks in the market showing losses [1] Sector Performance - The controllable nuclear fusion, gaming, and beverage manufacturing sectors led the gains, while the innovative drug sector experienced the largest declines [2] - Notable stocks in the controllable nuclear fusion sector included Haohan Huadong (301137), Xue Ren Co., Ltd. (002639), and Rongfa Nuclear Power (002366), all hitting the daily limit [2] - Gaming stocks also performed well, with Youzu Network (002174) reaching the daily limit [2] - Beverage manufacturing stocks rebounded, with Junyao Health (605388) and Kuaijishan (601579) hitting the daily limit [2] - The autonomous driving sector showed strength, with Jinjiang Online (600650), Tongda Electric (603390), and Longzhou Co., Ltd. (002682) all reaching the daily limit [2] - The innovative drug sector saw significant declines, with Haichen Pharmaceutical (300584) dropping over 10%, and Hainan Hai Pharmaceutical (000566) and San Sheng Guojian also experiencing notable losses [2] Hotspot Overview - The nuclear power sector was highlighted as the strongest market focus, with 11 stocks hitting the daily limit and 5 stocks achieving consecutive limit-ups, including Shangwei Co., Ltd. and Zhongchao Holdings (002471) [7] - The military industry sector also saw 11 stocks hitting the daily limit, with 5 stocks achieving consecutive limit-ups [8] - The artificial intelligence sector had 9 stocks hitting the daily limit, with one stock achieving consecutive limit-ups [9] Key Developments - The controllable nuclear fusion sector is gaining attention following U.S. President Trump's recent executive orders aimed at launching the construction of 10 large nuclear power plants by 2030 and quadrupling the nuclear power capacity by 2050 [10] - The IP economy is also gaining traction, with stocks like Youzu Network and others seeing significant interest, particularly following the recent rise in the market value of Pop Mart in Hong Kong [11] - The autonomous driving sector is attracting capital, with recent funding rounds for companies like Jiushi Intelligent and New Stone Technology, indicating strong investor interest in this area [12]

Core Viewpoint - The A-share market for controllable nuclear fusion has experienced a significant surge, with multiple stocks reaching their daily limit up, driven by positive market sentiment and favorable policy developments [1][2][8]. Group 1: Market Performance - The A-share controllable nuclear fusion sector saw explosive growth on May 23, with stocks like Hahwa Huasheng and Chenguang Medical hitting the daily limit up, while others like Xue Ren Co. and Rongfa Nuclear Power also showed substantial gains [1][2]. - In the Hong Kong stock market, nuclear power and energy sectors also strengthened, with China General Nuclear Power Mining rising over 7%, influenced by movements in the US nuclear energy sector [3]. Group 2: Policy and Technological Developments - The global energy demand is rising, and traditional fossil fuel supplies are becoming scarce, leading to a shift towards clean energy, with nuclear energy being a key focus for many countries [4]. - The Chinese government is actively promoting the nuclear energy industry, with the establishment of a Nuclear Power Engineering Quota Expert Committee to oversee technical reviews [5]. - Significant technological advancements have been made, such as the completion of the world's largest superconducting magnet system for the International Thermonuclear Experimental Reactor (ITER), marking a crucial step towards controllable nuclear fusion [5]. Group 3: Industry Outlook - The nuclear energy sector is expected to grow significantly, with projections indicating that global nuclear power capacity could exceed 1.1 billion kilowatts by 2050, highlighting the potential for development in this area [6]. - Analysts are optimistic about the future of the nuclear fusion industry, with expectations that recent advancements in research and development will accelerate the commercialization process [7]. - The competitive landscape is intensifying, particularly between the US and China, as nuclear fusion emerges as a critical area for technological competition, similar to artificial intelligence [7].

证券代码：301137 证券简称：哈焊华通 公告编号：2025-036 哈焊所华通（常州）焊业股份有限公司 2024 年度股东大会决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 特别提示： 1. 本次股东大会未出现否决议案的情形； 2. 本次股东大会不涉及变更以往股东大会已通过的决议； 3. 本次股东大会以现场投票与网络投票相结合的方式召开。 一、会议召开和出席情况 1、会议召开时间： （1）现场会议召开时间：2025 年 5 月 15 日（星期四）14:30 （2）网络投票时间： 通过深圳证券交易所交易系统进行网络投票的具体时间为 2025 年 5 月 15 日（星期四）上午 9:15-9:25，9:30-11:30，下午 13:00-15:00； 通过互联网系统投票的具体时间为 2025 年 5 月 15 日（星期四）上午 9:15 至下午 15:00 的任意时间。 2、会议召开地点：江苏省常州市武进区遥观镇长虹东路 386 号哈焊所华通 （常州）焊业股份有限公司（以下简称"公司"）六楼会议室。 3、会议召开方式：本次股东大会采用现场表决与网络投 ...

上海市锦天城律师事务所 关于哈焊所华通（常州）焊业股份有限公司 2024 年度股东大会的 法律意见书 地址：上海市浦东新区银城中路 501 号上海中心大厦 11/12 层 电话：021-20511000 传真：021-20511999 邮编：200120 上海市锦天城律师事务所 法律意见书 上海市锦天城律师事务所 关于哈焊所华通（常州）焊业股份有限公司 2024 年度股东大会的法律意见书 致：哈焊所华通（常州）焊业股份有限公司 为出具本法律意见书，本所及本所律师依据《律师事务所从事证券法律 业务管理办法》和《律师事务所证券法律业务执业规则（试行）》等规定，严 格履行了法定职责，遵循了勤勉尽责和诚实信用原则，对本次股东大会所涉 及的相关事项进行了必要的核查和验证，核查了本所认为出具本法律意见书 所需的相关文件、资料，并参加了公司本次股东大会的全过程。本所保证本 法律意见书所认定的事实真实、准确、完整，所发表的结论性意见合法、准 确，不存在虚假记载、误导性陈述或者重大遗漏，并愿意承担相应法律责任。 鉴此，本所律师根据上述法律、法规、规章及规范性文件的要求，按照 律师行业公认的业务标准、道德规范和勤勉尽责精神，现出 ...

Group 1: Dividend Plans - The company has developed a mid-term dividend plan for 2025, which has been approved by the board and will be submitted for review at the 2024 annual shareholders' meeting [2] - If the mid-term dividend is implemented, the company will disclose information in accordance with disclosure requirements [2] Group 2: Project Involvement - The company provides high-quality welding materials for nuclear fusion projects, specifically participating in the compact superconducting nuclear fusion experimental device project [2] Group 3: Market Value Management - The company aims to enhance operational efficiency and profitability while focusing on strategic planning and industry layout for market value management [3] - Plans include cash dividends to improve investor returns and enhance investor satisfaction [3] Group 4: Mergers and Acquisitions - Currently, there are no specific merger plans, but the company is actively looking for quality projects domestically and internationally to enhance competitiveness [3] - The company emphasizes internal growth and product structure adjustment as primary strategies [3] Group 5: Subsidiary Management - The company strengthens management of its subsidiaries by appointing key personnel to oversee operations and establishing internal reporting mechanisms for significant matters [3]

Core Viewpoint - The controlled nuclear fusion sector is experiencing significant growth, driven by recent advancements and investments in fusion technology, particularly highlighted by the completion of the world's largest superconducting magnet system by the ITER organization [3]. Group 1: Market Performance - On May 6, the controlled nuclear fusion sector saw strong performance, with stocks such as Jiusheng Electric rising by 20%, and companies like Hailu Heavy Industry, Xue Ren Co., and others also experiencing significant gains [1]. - Notable stock performances included: - Heguang Intelligent: +10.00% with a market cap of 5.33 billion - Jiusheng Electric: +19.97% with a market cap of 3.46 billion - Other companies also reported gains exceeding 10% [2]. Group 2: Industry Developments - The ITER project, a major international collaboration involving multiple countries, aims to explore the commercial viability of controlled nuclear fusion technology, marking a significant milestone in the field [3]. - There is a growing trend of collaboration between leading IT and transportation companies with nuclear energy firms to develop small reactors for powering data centers and other applications [3]. Group 3: Institutional Insights - The nuclear fusion sector is recognized as a burgeoning industry, with increasing government support and capital investment, attracting long-term investments from major companies like Amazon and Microsoft [4]. - The Tokamak nuclear fusion market is projected to reach 681 billion by 2025-2030, with potential growth to 3 trillion by 2030-2035 as commercial reactors become operational [4]. - In China, nuclear power equipment investment is expected to grow from 25.7 billion in 2023 to a peak of 87.5 billion by 2028, indicating a compound annual growth rate (CAGR) of 26.91% [4].