美军启动Janus先进反应堆计划，核技术+赋能千行百业：机械设备

Investment Rating - The industry rating is "Outperform the Market," indicating that the overall return of the industry is expected to exceed the market benchmark index by more than 5% over the next 6 months [15]. Core Insights - The U.S. Army has launched the Janus program, aimed at providing resilient and reliable energy to support defense facilities and critical missions through advanced nuclear energy solutions, with a target to operate advanced reactors by 2028 [4][6]. - The nuclear technology application industry is a significant part of new productive forces, with a projected direct economic output of 400 billion yuan by 2026, driven by advancements in various sectors such as medical treatment, agriculture, and food processing [5]. - Small Modular Reactors (SMRs) are seen as a key solution to meet the growing energy demands of artificial intelligence, with major tech companies focusing on tailored energy solutions for data centers [6]. Company Summaries - Jingye Intelligent: Collaborating with Zhejiang University to establish a micro-reactor/SMR technology R&D center, showcasing significant growth potential in the context of rising AI energy demands and energy transition [7]. - Jia Electric: The main helium fan is the only power device for the fourth-generation high-temperature gas-cooled reactor, with its subsidiary leading in nuclear pump products [7]. - Guoguang Electric: The company's filters and cladding systems are critical components for the ITER project [7]. - Lanshi Heavy Industry: Covers the entire nuclear energy supply chain from upstream nuclear fuel systems to downstream spent fuel processing [7]. - Kexin Electromechanical: Developed high-temperature gas-cooled reactor products and achieved import substitution for new fuel transport containers [7]. - Hailu Heavy Industry: Provides services for various reactor types, including third and fourth-generation reactors and fusion reactors (ITER) [7]. - Jiangsu Shentong: Secured over 90% of orders for nuclear-grade butterfly valves and nuclear-grade ball valves for new nuclear power projects in China [7].