GUOTAI HAITONG SECURITIES·2026-03-16 02:40Investment Rating - The report suggests a focus on key manufacturers in the controllable nuclear fusion sector, particularly in components such as magnets, power supplies, and other subsystems [6][26]. Core Insights - The demand for procurement in the nuclear fusion sector is increasing, with significant bidding activity observed in components like magnets and power supplies, leading to a notable acceleration in industry contracts [4][26]. - China has joined the "Triple Nuclear Energy Declaration," which aims to triple global nuclear energy capacity by 2050, enhancing the momentum for sustainable nuclear energy development [2][13]. - Recent breakthroughs in superconductivity, achieving a transition temperature of 151K under normal pressure, could significantly impact the efficiency and cost of fusion reactors [12][17]. - The European Union has announced a new strategy for small modular reactors (SMRs) with a €200 million guarantee fund to support nuclear energy projects, addressing the strategic importance of nuclear energy in the current geopolitical landscape [24][25]. Summary by Sections Market Performance - During the week of March 9-13, the nuclear fusion index rose by 0.51%, outperforming the broader market indices [7][10]. Bidding Information - Significant procurement activities were reported, including projects with budgets exceeding 50 million RMB, focusing on critical components for nuclear fusion [9][10]. Domestic and International News - The announcement of China's participation in the "Triple Nuclear Energy Declaration" and the establishment of a technical seminar on tritium factory engineering highlight the country's commitment to advancing nuclear energy [13][18]. Investment Dynamics - The collaboration between Jinchuang Group and Huazhong University of Science and Technology aims to develop predictive technologies for plasma disruptions, indicating a strategic move towards enhancing nuclear fusion technology [4][22]. - The EU's new strategy for SMRs, including a financial guarantee mechanism, aims to revitalize nuclear energy's role in Europe, reflecting a shift in energy policy [24][25]. Investment Recommendations - Key companies to watch include: - For magnets: Lianchuang Optoelectronics, Yongding Co. - For power supplies: Wangzi New Materials, Xuguang Electronics, Aike Saibo, and Sichuan Chuangxin Electronics. - For structural components: Hangyang Co., with related companies including Hezhu Intelligent, Guoguang Electric, and Antai Technology [26][27].