Group 1 - Tian Gong International (00826) saw a significant increase in stock price, rising over 8% in the afternoon and currently trading at 2.66 HKD with a transaction volume of 116 million HKD [1] - The China Fusion Energy Company, established with a registered capital of 15 billion CNY and only two months since its inception, made its debut at the 25th China International Industry Fair, showcasing its technological roadmap and business layout [1] - The company aims for commercial fusion energy by 2050, with research and development activities linked between Shanghai and Chengdu, and plans to build a fusion experimental device named "China Circulation No. 4 (HL-4)" in Shanghai [1] Group 2 - Industrial analysts at Industrial Securities believe that Tian Gong International is strategically positioned in the scarce core materials sector, with significant growth potential in titanium alloys, fusion materials, and humanoid robots [2] - Materials are identified as a major technical bottleneck in the development of fusion reactors, with RAFM steel and high-boron steel being primary candidates for structural materials due to their excellent radiation resistance [2] - Each fusion reactor requires between 4,000 to 7,000 tons of RAFM steel and 400 to 1,000 tons of high-boron steel, indicating a vast market for fusion materials [2] - The company leverages its powder metallurgy advantages to significantly enhance beneficial alloy element composition while achieving a dispersion of nano-level strengthening phases, which is expected to greatly improve the key performance of fusion reactor materials in the future [2]