据央视新闻报道，10月1日，中国核聚变装置BEST建设取得关键突破，重达400余吨的底座成功安装就 位，将用来承载总重约6700吨的BEST主机，标志着这一大国重器主机全面开建。未来，该装置在国际 上将首次验证演示核聚变发电，有望在2030年通过核聚变点亮第一盏灯。 广大特材：可控核聚变方面，公司主要供应核聚变超导线圈铠甲用材料并已实现批量化供应；同时公司 中标best线圈盒机加工项目，目前正在实施过程中。低活化马氏体钢CLAM已向客户成功交付。 *免责声明：文章内容仅供参考，不构成投资建议 *风险提示：股市有风险，入市需谨慎 此外，10月13-18日国际原子能聚变能大会（FEC2025）在成都举办，此前我国举办年份为2006年。方 正证券认为，国际原子能聚变能大会或有重大国家和国际进展公布，且国内BEST项目在Q4有望再次开 启第二次密集招标（包括第一壁、偏滤器、电源等高价值量产品），其它聚变装置也有望启动。 公司方面，据上市公司互动平台表示， 永鼎股份：公司依托业内独有的超导薄膜磁通钉扎技术，研制出强磁场用高性能超导带材，已实现其在 磁约束可控核聚变等领域的研究与应用。同时公司与中科院、江西联创超导、能量 ...

【生态环境周观察】旨在将每周全球生态环境领域最重要的政策、事件、讨论、数据呈现在读者面前， 用最真实、前沿的信息，捕捉我们身边微小而重要的变化。环球同此凉热，视野点亮未来。 阳光电源递表港交所 印度发起对中国进口太阳能电池、组件相关产品的反倾销调查 9月29日，印度商工部贸易救济总局（DGTR）发布公告，称接到该国行业协会关于中国产太阳能组件 和手机壳存在不公平贸易行为的投诉后，已发起了反倾销调查，以确定是否存在倾销，及其产生多大影 响。如果确定确实存在对印度本土企业造成实质性损伤的倾销行为，将建议对相关进口产品征收关税。 最终由印度财政部决定是否征收关税。 事件 中国核聚变装置BEST项目建设取得关键突破 据央视新闻报道，10月1日，位于安徽合肥的紧凑型聚变能实验装置BEST项目建设取得关键突破。 BEST装置主机关键部件——杜瓦底座研制成功并顺利完成交付，成功精准落位安装在BEST装置主机大 厅内，标志着项目主体工程建设步入新阶段。据悉，BEST是我国在合肥正在建设的燃烧等离子体物理 实验装置。装置采用紧凑高场超导托卡马克技术路线，运用高性能超导磁体、氘氚聚变燃料等新技术， 将首次在国际上演示核聚变发电。 ...

（原标题：全球首个、关键突破！大国重器捷报频传） 这个国庆中秋假期我国多领域捷报频传，多项大国重器实现重要突破。 中国核聚变装置BEST主机全面开建 10月1日，中国核聚变装置BEST建设取得关键突破，重达400余吨的底座成功安装就位，将用来承载总 重约6700吨的BEST主机，标志着这一大国重器主机全面开建。 未来，该装置在国际上将首次验证演示核聚变发电，有望在2030年通过核聚变点亮第一盏灯。 全球首个"双塔一机"光热储能电站西塔调试成功 平陆运河青年枢纽船闸人字门吊装完成 10月4日，西部陆海新通道骨干工程——平陆运河建设取得新进展。平陆运河三大枢纽之一的青年枢纽 人字门大型吊装工作全部完成。 10月1日，全球首个"双塔一机"光热储能电站进入最后调试阶段，即将全系统试运行。 这座电站由两座高达200米的吸热塔、近27000块定日镜组成，全系统调试成功后能实现24小时不间断供 电。 每一面定日镜都像"追光的向日葵"：上午太阳偏东，镜子就朝东给东塔送光；下午太阳偏西，它们立刻 转头服务西塔，让阳光"两头不跑空"。 我国双潜器在北极深海实现多个首次 在中国第15次北冰洋科学考察完成考察任务中，"蛟龙"号在北极 ...

Group 1 - The construction of China's nuclear fusion device BEST has officially commenced with the successful installation of a 400-ton base, which will support the main unit weighing approximately 6,700 tons, marking a significant milestone in this major national project [1] - The world's first "dual-tower one machine" solar thermal energy storage power station has entered the final debugging phase and is set for full system trial operation, featuring two 200-meter tall heat-absorbing towers and nearly 27,000 heliostats, capable of providing uninterrupted power for 24 hours once operational [3][5] - China's "Jiaolong" submersible achieved its first dive in the Arctic ice zone during the 15th Arctic Ocean scientific expedition, marking a significant achievement in deep-sea exploration [6] Group 2 - The third AG600 "Kunlong" amphibious aircraft has successfully completed assembly and production test flights, indicating progress in the production of this large civil water-land amphibious aircraft [9][12] - The construction of the Qingnian Hub's large gate for the Pinglu Canal, a key project in the Western Land-Sea New Corridor, has been completed, with the project entering a critical phase aimed for completion by 2026 [11][14] - The first domestically built 10,000-ton pure electric intelligent sea vessel has successfully launched, marking a significant step towards zero-emission, pure electric container transportation along China's coastal areas [14][16]

1日，位于安徽合肥的紧凑型聚变能实验装置BEST项目建设取得关键突破。BEST装置主机关键部件——杜 瓦底座研制成功并顺利完成交付，成功精准落位安装在BEST装置主机大厅内，标志着项目主体工程建设步 入新阶段。 合肥BEST(紧凑型聚变能实验装置)是中国正在建设的燃烧等离子体物理实验装置，采用紧凑高场超导托卡 马克技术路线，计划于2027年建成并演示核聚变发电。 完成吊装的杜瓦底座是BEST装置主机的首个真空大部件，也是国内聚变领域最大的真空部件。该底座直径 约18米、高度约5米，总重量400余吨，是BEST主机系统中最重的部件，将位于整个BEST主机的最底端，用 来承载总重约6700吨的主机。 中国科学院合肥物质院等离子体物理研究所副研究员黄雄一介绍，杜瓦底座安装完成之后，就标志着大部件 的安装就要开始了，随后相应的像磁体、真空室等重要的核心部件就要安装在杜瓦底座上，最终我们会把杜 瓦底座封闭起来，形成一个真空环境来确保托卡马克的运行。 但与其他能源类型相比，目前中国核电装机容量仍较小，截至2024年第一季度，核电占全国发电装机容量的 比重仅有2%。作为最清洁的能源之一，未来核聚变发电存在巨大的市场空间。 ...

Market Overview - The Hong Kong stock market experienced a pullback on October 3, with major indices such as the Hang Seng Index and Hang Seng Tech Index declining, with the Hang Seng Index dropping over 1.1% at one point before closing down 0.54% [1][2] - The market's performance is attributed to normal profit-taking rather than negative news, indicating that the upward trend in the Hong Kong stock market is not over [4] Stock Performance - Notable stock movements included Alibaba rising by 1.09% and Meituan by 0.28%, while Tencent fell by 0.44% and BYD and Kuaishou saw declines exceeding 3% [2] - The best-performing sectors in the market were electric equipment and nuclear energy, with China National Nuclear Corporation rising over 20%, Shanghai Electric up over 14%, and China Nuclear Technology up over 13% [5][6] Key Developments - The BEST project in Hefei, which focuses on compact fusion energy, achieved a significant breakthrough with the successful delivery of a key component, marking a new phase in its construction [7] - Shanghai Electric has been involved in delivering critical components for major projects, including the ITER project and the BEST project, indicating its strong position in the nuclear energy sector [7] Analyst Insights - Analysts suggest that despite the recent adjustments in the Hong Kong market, it remains in a trend of oscillating upward, with potential for further gains driven by positive industry news [10][11] - The market is expected to experience a "quiet season" due to the National Day and Mid-Autumn Festival holidays, with a focus on the Federal Reserve's interest rate decisions and domestic economic policies [10][11] Investment Themes - There is a shift in investment focus from crowded sectors like new consumption and banking to undervalued technology sectors, particularly those related to AI, as market participants anticipate supportive economic policies in the fourth quarter [12]

回调。 10月3日，港股市场整体回调，恒生指数、恒生科技等主要指数均出现下跌，午后一度加大跌幅，恒生指数盘中跌超1.1%，恒生科技指数盘中跌超1.8%。但尾盘均 震荡回升，跌幅有所收窄。截至收盘，恒生指数微跌0.54%，恒生科技下跌0.9%。 | 代码 | 名称 | 现价 | 涨跌 | 涨跌幅 | | --- | --- | --- | --- | --- | | HSI | 恒生指数 | 27140.92c | -146.20 | -0.54% | | HSTECH | 恒生科技 | 6622.85c | -60.01 | -0.90% | 分析人士指出，港股市场并没有出现利空消息，属于正常的获利回吐。从长期来看，港股的上涨行情仍未结束。 电气设备、核能领涨 在概念板块方面，港股市场中今日表现最好的是电力设备和核电指数等，其中中核国际上涨超20%，上海电气上涨超14%，中国核能科技上涨超13%，东方电气、 哈尔滨电气、中广核矿业也都有不错的涨幅。 | 代码 | 名称 | 现价 | 涨跌 | 涨跌幅 ▼ | | --- | --- | --- | --- | --- | | 2302 | 中核国际 | 6.5 ...

Market Overview - After several days of increase, the Hong Kong stock market experienced a correction on October 3, with the Hang Seng Index falling by 0.54% to close at 27,140.92 points, the Hang Seng Tech Index down by 0.90%, and the State-Owned Enterprises Index decreasing by 0.68% [1]. Electric Vehicle Sector - The electric vehicle sector saw significant declines, with BYD shares dropping nearly 4%, Li Auto down over 3%, NIO down over 2%, and Geely down over 1% [3]. - Recent operational data from several automakers revealed that BYD's September sales of new energy vehicles reached approximately 396,300 units; NIO delivered 34,749 new vehicles in September, marking a year-on-year increase of 64%; and Li Auto delivered 33,951 new vehicles in September [3]. Other Sectors - The water, computer, and peripheral device sectors also experienced notable declines [4]. Nuclear Power Sector - The nuclear power sector saw gains, with China National Nuclear Corporation rising over 20% and China General Nuclear Power Corporation increasing over 6% [5]. - Recent positive developments in the nuclear energy field include a significant breakthrough in the construction of the compact fusion energy experimental device BEST in Hefei, Anhui. The total assembly work for BEST is set to officially start in May 2025, with expectations to complete it two years later, aiming to demonstrate fusion energy generation globally for the first time [5]. Energy Market Dynamics - The global energy market is facing structural changes and demand challenges due to the increasing need for AI and computing power [6].

今天（1日），位于合肥的紧凑型聚变能实验装置BEST项目建设取得关键突破。BEST装置主机关键部件——杜瓦底座研制成功并顺利完成交付，成功精准 落位安装在BEST装置主机大厅内。作为首个进驻主机大厅的关键部件，杜瓦底座的落位安装标志着BEST项目主体工程建设步入新阶段，部件研制和工程安 装将加快进度。 杜瓦底座是BEST装置主机的首个真空大部件，也是国内聚变领域最大的真空部件。该底座直径约18米，高度约5米，总重量400余吨，是BEST主机系统中最 重的部件，将位于整个BEST主机的最底端，用来承载总重约6700吨的主机。 紧凑型聚变能实验装置（Burning Experimental Superconducting Tokamak，BEST）是燃烧等离子体物理实验装置，采用紧凑高场超导托卡马克技术路线，运 用高性能超导磁体、高功率中性束加热、氘氚聚变燃料等新技术，将首次在国际上验证聚变可在真实燃料环境下实现净输出能量，演示核聚变发电。2025年 5月，BEST的总装工作正式启动，预计将在两年后建成，并在全球范围内首次实现聚变能发电演示。到2030年，我们有望通过核聚变点亮第一盏灯。 （总台央视记者 帅俊全 ...

Group 1: Company Overview and Strategy - The meeting was organized by CICC, with the company’s Vice President and Secretary of the Board, Zhang Qiqiang, introducing the company’s basic situation, development strategy, and recent progress [2] - The company emphasizes compliance with commitment letters and regulations regarding information disclosure [2] Group 2: Nuclear Valve Orders and Production - Nuclear valve orders follow a process where production is initiated only after the production plan is approved by the owner, with deliveries typically occurring in the second and third years post-order [3] - Revenue from nuclear valve business is recognized in batches according to actual delivery progress, with a typical revenue recognition cycle of 2-3 years [3] Group 3: Product Development and Market Competition - The company has developed a comprehensive product matrix for nuclear-grade valves and is continuously upgrading its offerings to meet diverse market needs [4] - The nuclear valve industry is expected to maintain a healthy competitive state due to the normalization of new project approvals and the promotion of domestic equipment [5] Group 4: Profitability and Pricing Strategy - The company’s pricing strategy for nuclear valves is based on cost-plus, benefiting from long-term production and delivery experience, with current profit margins being stable [6] - Future profit margins are expected to remain stable as long as there are no significant changes in the business model or market competition [10] Group 5: New Energy Initiatives - The subsidiary, Shentong New Energy, focuses on high-pressure hydrogen valves, covering the entire hydrogen energy industry chain and has gained recognition from numerous domestic hydrogen enterprises [8] - The company has successfully developed 35MPa and 70MPa series products, with the 70MPa combination pressure-reducing valve achieving international leading standards [8] Group 6: Challenges and Strategic Responses - The steel metallurgy sector is experiencing a downturn, leading to reduced demand for valve products; the company is enhancing product R&D and promoting cost-reduction measures [12] - In the energy and chemical sector, the company plans to continue investing in R&D and innovate marketing strategies to improve market share [12] Group 7: International Expansion - The company is actively expanding its export scale and has established an international trade department to facilitate international business development [13] - Future export efforts will focus on core areas such as petroleum refining and oil and gas extraction [13]