周末，利好来了！重大突破！

Core Viewpoint - China has achieved a significant breakthrough in nuclear energy by successfully converting thorium-uranium nuclear fuel using a molten salt reactor, paving the way for industrial applications of thorium-based molten salt reactors in the country [1][2][4]. Group 1: Technological Breakthrough - The 2MWt liquid fuel thorium-based molten salt experimental reactor has successfully achieved thorium-uranium fuel conversion, becoming the only molten salt reactor in the world to operate with thorium fuel [2][3]. - This technology demonstrates the feasibility of utilizing thorium resources in nuclear energy systems, reinforcing China's leading position in international molten salt reactor research [2][3]. Group 2: Resource Advantages - China has abundant thorium reserves, which can replace the traditional reliance on uranium, thus providing a critical opportunity for the nuclear energy sector to "leapfrog" its development [1][4]. - The conversion of thorium into fissile uranium-233 through neutron bombardment is a key technological advancement, allowing for efficient energy production [4][5]. Group 3: Economic and Safety Benefits - The thorium resources are often by-products of rare earth mining, significantly reducing the cost of nuclear fuel acquisition while enhancing the value of rare earth extraction [5]. - The molten salt reactor operates at high temperatures (600-700°C) without the need for external water sources, fundamentally improving safety and allowing for flexible site selection, which can extend nuclear power capabilities into inland areas [5][6]. Group 4: Market Performance - The nuclear energy sector has seen strong performance in the stock market, with nearly 30 related stocks increasing by over 100% this year, and the nuclear energy index rising by approximately 52% [6]. - According to the China Nuclear Energy Development Report (2025), China's operational nuclear power capacity is expected to become the largest in the world by 2030, with projections of reaching 200 million kilowatts by 2040 [6].