Hua Xia Shi Bao·2025-05-21 00:54Core Viewpoint - The recent surge in stock prices of companies involved in controlled nuclear fusion, particularly Wangzi New Materials, is largely driven by market interest in the nuclear fusion concept and recent government approvals for nuclear power projects in China [2][4][6]. Company Summary - Wangzi New Materials (002735.SZ) experienced a significant stock increase, closing at 15.26 yuan per share, influenced by the nuclear fusion concept and its indirect involvement in a fusion energy project [2]. - The company has been in contact with clients for two to three years regarding technology integration for a project, providing customized capacitors as electronic components [2][5]. - Wangzi New Materials has seen a 61.65% increase in stock price this month, becoming a leader in the nuclear fusion concept stocks [4]. Industry Summary - The controlled nuclear fusion index has risen from 1189.1 to 1453 since April 9, marking a 22.19% increase, outpacing the broader market indices [4]. - The Chinese government has approved multiple nuclear power projects, including five new nuclear power units, which is expected to enhance the focus on nuclear energy development in the country [5][6]. - China's nuclear power generation capacity is projected to grow significantly, with expectations of reaching 400 million kilowatts by 2035, which would align with global averages [6][8]. - The nuclear fusion sector is anticipated to attract substantial investment, with estimates suggesting that the total investment in domestic experimental reactors could exceed 60 billion yuan [7][9]. - Despite the enthusiasm, nuclear fusion remains a long-term goal, with significant challenges in commercialization and cost competitiveness compared to renewable energy sources [8][9].