四川省发布重要实施方案明确支持核聚变产业，重点关注核聚变产业链

Investment Rating - Industry rating is maintained at "Outperform the Market" [2] Core Insights - The report highlights the Sichuan provincial government's implementation plan to promote the controllable nuclear fusion industry, emphasizing significant engineering breakthroughs in magnetic confinement and inertial confinement fusion technologies [3] - Sichuan has established a comprehensive layout in the nuclear fusion field, covering both magnetic and inertial confinement routes, and is actively pursuing international collaborations to enhance its technological capabilities [4] - The report suggests focusing on companies within the nuclear fusion supply chain, including leading suppliers of high-temperature superconducting magnets and materials essential for fusion devices [5] Summary by Sections Government Support - The Sichuan provincial government has explicitly supported the controllable nuclear fusion industry, marking a significant policy shift compared to other regions [3] - The plan includes the construction of key facilities and the acceleration of technology transfer to foster innovation [3] Technological Developments - Sichuan has achieved notable breakthroughs in nuclear fusion technology, including reaching a temperature of 100 million degrees Celsius and significant advancements in fusion product metrics [9] - The establishment of the electromagnetic-driven fusion large scientific device aims to validate the feasibility of fusion ignition [4] Investment Opportunities - Recommended companies for investment include: - Lianchuang Optoelectronics, a leading supplier of high-temperature superconducting magnets - Yongding Co., a major supplier of high-temperature superconducting materials - Guoguang Electric, which provides essential components for controllable nuclear fusion devices [5]