Core Viewpoint - The article highlights the significant breakthroughs in controlled nuclear fusion technology, particularly the recent advancements in the BEST project in Hefei, which have sparked enthusiasm in the capital markets for the nuclear fusion sector. The industry is expected to grow substantially, with a projected market size of $496.55 billion by 2030 and a compound annual growth rate (CAGR) of 7.4% from 2024 to 2030 [1][9]. Industry Overview - The controlled nuclear fusion industry is forming a complete supply chain structure, including upstream raw materials, midstream equipment and engineering construction, and downstream nuclear power plant operations [1]. - The International Energy Agency predicts that the global nuclear fusion market will reach $496.55 billion by 2030, indicating significant market potential [1]. Market Performance - As of October 13, 2025, leading fusion concept stocks like Hezhong Intelligent have achieved a four-day consecutive increase, with a closing price of 26.16 yuan per share. The nuclear fusion index has risen by 3.44%, with 39 out of 41 component stocks showing positive growth [2]. - Zhongzhou Special Materials led the market with a 13.84% increase, benefiting from a significant order worth 180 million yuan for components related to the BEST project [4]. Technological Breakthroughs - The article emphasizes that the recent technological advancements, such as the successful placement of the core component of the BEST project, mark a transition from basic science to engineering practice in nuclear fusion research [6][7]. - The EAST device set a world record with 1 million degrees Celsius sustained for 1000 seconds, showcasing the progress in fusion technology [7]. Policy Support - Continuous policy support has been crucial for the steady growth of the nuclear fusion industry. The Ministry of Industry and Information Technology and other departments have identified nuclear fusion as a key area for innovation and development [9][10]. - The recent passing of the Atomic Energy Law encourages research and development in controlled thermonuclear fusion, further solidifying the regulatory framework for the industry [10]. Investment Opportunities - Analysts suggest that companies with core technological advantages and clear orders will continue to receive valuation premiums as the BEST project progresses towards completion in 2027 [11]. - Investment opportunities are expected to arise in upstream equipment and materials sectors due to accelerated capital expenditures in fusion projects, with companies like Xibu Superconductor and Yingjie Electric being highlighted as potential beneficiaries [7][11].