LSHEC(SH:603169) 证券时报·2025-11-04 15:19Core Viewpoint - The company, Lanshi Heavy Equipment, has clarified its limited involvement in the controlled nuclear fusion sector, stating that only microchannel heat exchangers and plate heat exchangers are applicable, contributing less than 0.1% to its revenue [1][2][3]. Group 1: Business Developments - Lanshi Heavy Equipment announced a significant order worth 581 million CNY in the nuclear energy sector, which does not pertain to controlled nuclear fusion [3][4]. - The contract with China Nuclear Engineering involves providing main process equipment for nuclear energy projects, with a construction period of approximately one year [4]. - The company has seen a continuous increase in nuclear energy orders, with a 32.16% year-on-year growth in new orders amounting to 306 million CNY in the first half of the year [4]. Group 2: Financial Performance - For the first three quarters of 2025, Lanshi Heavy Equipment reported a revenue of 4.746 billion CNY, reflecting a year-on-year increase of 26.93% [5]. - The net profit attributable to shareholders for the same period was 11.196 million CNY, showing a significant decline of 88.33% compared to the previous year [5]. - Research and development expenses increased by 65.67% year-on-year during the first three quarters of 2025 [5].