Mei Ri Jing Ji Xin Wen·2025-11-24 11:25Core Points - The International Scientific Program for Burning Plasma initiated by the Chinese Academy of Sciences was officially launched in Hefei on November 24, 2023, alongside the global research plan for the compact fusion energy experimental device BEST [1][3] - Scientists from over ten countries, including France, the UK, Germany, and Italy, gathered in Hefei to sign the Hefei Fusion Declaration, emphasizing the need for international collaboration in advancing fusion energy research [3] - The announcement led to significant activity in the secondary market for controllable nuclear fusion concepts, with stocks like Srey New Materials rising over 14% and others like Lanshi Heavy Industry and Sichuan Chuang Electronics increasing by over 7% [4] Industry Overview - The fusion research is entering a new phase termed "burning plasma," driven by advancements in international projects like ITER and BEST [3] - The investment landscape for controllable nuclear fusion is changing, with increased interest from investors, as evidenced by recent funding rounds for companies like Xingneng Xuanguang and Nova Fusion [9] - Controllable nuclear fusion is seen as a promising energy source due to its minimal environmental impact compared to nuclear fission and the abundance of raw materials like deuterium from seawater [9] Market Potential - The nuclear fusion market is expected to grow rapidly, with projections indicating that the Tokamak fusion market could reach 681 billion yuan by 2025-2030 and potentially rise to 3 trillion yuan by 2030-2035 as commercial reactors become viable [12] - The supply chain for nuclear fusion includes raw material suppliers, technology development, equipment manufacturing, and nuclear power construction and operation, indicating a comprehensive industry ecosystem [10]