Core Insights - Fusion energy is becoming a global competitive hotspot, transitioning from 'science' to 'energy' with significant breakthroughs in controllable nuclear fusion technology [1] - The industry is entering a critical phase of commercialization, supported by collaboration among academia, research, and industry [1] Investment Trends - Financial capital is rapidly entering the controllable nuclear fusion sector, acting as a crucial lever for technological breakthroughs and industry incubation [2] - The Hefei Future Fusion Energy Venture Capital Fund has been established with an initial investment of 1 billion yuan to support core technology research in the fusion field [3] Fund Management and Selection Criteria - The fund will focus on the comprehensive quality of enterprise teams, emphasizing market insight, financial management, and strategic planning alongside technical capabilities [4] Investment Duration and Strategy - The fund's duration is set at 15 years to align with the long-term development needs of projects, as the industry is still in its infancy and requires substantial funding for research and project implementation [6] - Investment opportunities will vary based on the type of capital, with long-term funds focusing on device companies and short-term funds targeting equipment and materials for quicker returns [6] Technological Developments - Multiple countries are accelerating the commercialization of fusion power, with the goal of achieving fusion electricity generation by 2040 [6] - China is positioned among the leading nations in fusion energy research, with significant achievements such as the EAST device reaching over 1 million degrees Celsius for 1066 seconds [7] Educational Initiatives - The establishment of the "Future Energy College" at the University of Science and Technology of China aims to cultivate talent in controllable nuclear fusion, supported by the Ministry of Education and the Chinese Academy of Sciences [7] Technological Diversity - The controllable nuclear fusion sector is characterized by multiple parallel technological routes, including Tokamak and stellarator, which helps mitigate risks associated with a single technology path [9] - The industry is expected to converge towards a few mainstream technological routes in the future, despite the current diversity [9]