机械设备：和气一号供汽100万吨，太平岭核电2号机组实现泵站进水

Investment Rating - The industry rating is "Outperform the Market" [4] Core Insights - The "Heqi No.1" nuclear heating project has successfully supplied 1 million tons of steam, expected to deliver 4.8 million tons of zero-carbon clean steam annually, reducing standard coal combustion by 400,000 tons and equivalent CO2 emissions by 1.07 million tons [2] - The Taipingling Nuclear Power Unit 2 pump station has achieved its first water intake milestone, which is crucial for the commissioning of the nuclear island and conventional island [2] - Nuclear power is highlighted as a key player in promoting green energy transition due to its high efficiency and low emissions compared to other energy sources [2] Summary by Sections Project Developments - The "Heqi No.1" nuclear heating project has been operational, providing significant environmental benefits [2] - The successful water intake milestone for Taipingling Nuclear Power Unit 2 indicates progress in nuclear power infrastructure [2] Industry Characteristics - Nuclear power plants maintain an annual utilization rate of over 7,000 hours, making them the most efficient energy source [2] - The report emphasizes the role of nuclear energy in addressing climate change and enhancing energy security [2] Investment Recommendations - Recommended companies include: 1. Jiadian Co., which leads in helium fan products for fourth-generation reactors [2] 2. Guoguang Electric, a key supplier for the ITER project [2] 3. Lanshi Heavy Industry, covering the entire nuclear fuel cycle [2] 4. Kexin Electromechanical, which has developed domestic alternatives for nuclear fuel transport [2] 5. Hailu Heavy Industry, servicing various reactor types [2] 6. Jiangsu Shentong, securing over 90% of orders for nuclear-grade valves [2] 7. Xianheng International, involved in nuclear operation and maintenance [2]