12月24日17时48分，位于惠州惠东的中广核广东太平岭核电厂现场，随着乏燃料水池中抓取的第一组燃 料组件缓缓提升，1号机组首次核燃料装载工作正式启动。 这标志着粤港澳大湾区首个"华龙一号"核电建设项目，从工程建设阶段全面转入带核调试阶段，向实现 并网发电目标迈出关键一步。 规划6台机组，年供电将超500亿千瓦时 据了解，中广核广东太平岭核电项目共规划建设6台"华龙一号"机组，总投资约1200亿元。其中1、2号 机组为首期工程，目前2号机组也处于建设高峰期。项目全部建成投产后，预计年发电量可达500多亿千 瓦时，创造绿色GDP200多亿元。每年可等效减少标煤消耗约1512万吨，减少二氧化碳排放约4160万 吨，环保效益相当于在惠州"种植"了近11.3万公顷的森林，将对粤港澳大湾区能源结构优化与生态环境 保护产生显著效益。 随着1号机组装料开始，太平岭核电正式进入投产前的冲刺阶段。这座粤港澳大湾区自主三代核电的"先 行者"，正为我国核电事业与区域绿色发展注入新的动力。 攻坚多项技术难题，获60余项创新奖 作为我国具有自主知识产权的三代核电技术，"华龙一号"是当前核电市场接受度较高的主流堆型之一。 太平岭核电项目 ...

5日在国务院新闻办公室举行的交流会上国家能源局表示，中国核电的发展方针始终坚持安全第一，同时通过不断持续的核电项 目建设带动了上下游产业链供应链发展，成为全世界少数几个拥有完整核电工业体系的国家。 国家能源局表示，中国的核电发展始终坚持安全高标准，率先实现了二代向三代核电技术的全面转型。当前核准在建在运112台 核电机组中，采用三代及以上的核电机组67台，达到60%。 据世界核电运营者协会统计显示，中国核电技术综合指数9年来保持全球第一，其中2024年全球满分的机组中，有43%是中国 的。 "中国核电在发展中实现了技术的迭代优化。"任育之说，同时，全球首座陆上商用模块小型堆"玲龙一号"将于2026年投入运 行。中国是世界上唯一30多年不间断建设核电的国家，培养了全球规模最大的核电专业技术人员，拥有全球最有竞争力的核电 产业链供应链体系。 中国国家能源局新闻发言人、发展规划司司长任育之5日在北京表示，中国的核电正在以"更高、更快、更强"的步伐向世界核电 先进行列迈进。将积极安全有序发展核电，大力支持核电技术创新，稳步提高核能在能源消费中的比重。 国家能源局表示，目前，中国无论是在核电建设施工方面，还是在运营维护 ...

Core Points - The first automatic nuclear power calibration system in the domestic nuclear power industry has been put into operation at Liaoning Hongyanhe Nuclear Power Co., Ltd, significantly reducing calibration time from at least 8 hours to 70 seconds, enhancing response speed by over 400 times [1][2] - The system addresses the common industry issue of measurement accuracy affected by fuel burnup at the end of the fuel cycle, which traditionally relied on manual calculations and adjustments, posing risks of operational errors and power generation losses [1] - The development of the system involved a collaborative team from Liaoning Hongyanhe Nuclear Power Co., Ltd and Suzhou Thermal Engineering Research Institute, overcoming multiple technical challenges over a 20-month period [1] Economic and Safety Benefits - The automatic calibration system is expected to eliminate the risk of human error in operations, providing a more reliable guarantee for the safe and stable operation of the units [2] - It is estimated that each unit can increase power generation by approximately 7.2 million kilowatt-hours during each fuel cycle (about 18 months), enhancing both economic and safety benefits [2]

Core Insights - The first "Hualong One" nuclear power plant in China, utilizing cooling towers, has commenced construction with the successful pouring of the first concrete for the nuclear island of the CGN Zhaoyuan Nuclear Power Unit 1, marking the full launch of the Shandong Zhaoyuan nuclear power base [1] - This project differs from previous "Hualong One" projects by employing high-level water collection natural ventilation cooling towers for the conventional island system's cooling, significantly reducing water resource usage by switching the direct cooling source from seawater to the atmosphere [1] - The adoption of cooling towers allows for greater flexibility in site selection, moving away from the traditional coastal locations, thus freeing up coastlines and providing a model for future nuclear power construction [1] Company and Industry Implications - A-share related concept stocks mentioned include Haiou Co., Ltd. and Ice Wheel Environment, indicating potential investment opportunities in companies associated with this new nuclear technology [1]

Core Insights - The company has developed a series of innovative technologies in the fields of nuclear island cooling and nuclear energy heating, serving various domestic nuclear power plants [1] Group 1: Technological Developments - The company’s subsidiary, Ice Wheel Heat Exchange Technology, has successfully supplied the world's first commercial fourth-generation high-temperature gas-cooled reactor with a passive cooling system [1] - The company is the only domestic manufacturer with comprehensive product offerings applied in all areas of nuclear islands, having recently won a bid for a cooling machine project for floating small nuclear reactors [1] Group 2: Collaborations and Applications - Huayuan Taimeng has collaborated with Tsinghua University to develop a technology for simultaneous production and long-distance heating using nuclear energy, which has been applied in the "Warm Nuclear No. 1" project [1]

Core Viewpoint - The company, Ice Wheel Environment (000811), highlights the acceleration of nuclear power construction in China, focusing on innovative technologies for nuclear island cooling and energy supply [1] Company Summary - Ice Wheel Environment is concentrating on core scenarios such as nuclear island cooling and nuclear energy heating, having developed a series of innovative technologies including nuclear island cooling, waste heat recovery, and non-powered air coolers within safety shells [1] - The company has provided services to several nuclear power stations in China, including Hongyanhe, Ningde, Yangjiang, Fangchenggang, Haiyang, Xudabao, Sanmen, Lufeng, Taipingling, Cangnan, Shidao, and Bailong [1] Industry Summary - The recent signals from the national nuclear power construction indicate a speeding up of projects, which may present new opportunities for companies involved in nuclear energy technologies [1]

Core Insights - Beijing Hekang New Energy Technology Co., Ltd. (Hekang New Energy) reported impressive performance for the first half of 2025, with revenue reaching 4.497 billion yuan, a year-on-year increase of 163.06%, and a net profit of 71.18 million yuan, up 732.83% [1] - The company, a subsidiary of Midea Group, focuses on green energy solutions, household energy storage, photovoltaic grid-connected inverters, and high-voltage variable frequency drives [1] - Hekang New Energy's revenue in the renewable energy sector continues to grow rapidly, with significant advancements in its high-voltage variable frequency drive business within the nuclear power industry [1] Business Developments - In the first half of 2025, Hekang New Energy's self-developed high-voltage variable frequency drive successfully passed inspection by China National Nuclear Corporation and was delivered for the cooling water pump project of the Xudabao Nuclear Power Units 3 and 4, marking the first application of domestically produced high-voltage variable frequency drives in commercial nuclear power [1] - On August 19, 2025, Hekang New Energy signed a joint development agreement with the National Power Investment Corporation's core research platform to develop an intelligent high-voltage variable frequency drive speed control system for nuclear power, which will be applied to the "Guohe No. 1" nuclear power route [1] - This collaboration follows Hekang's previous support for the nuclear fusion project at the Southwest Institute of Physics, representing another significant milestone for the company [1] Industry Position - The high-voltage variable frequency drive technology in the nuclear power industry has substantial innovation potential, and Hekang plans to invest significant resources to break through technological boundaries and challenge foreign brand monopolies, thereby consolidating its existing advantages in the nuclear power sector [2]

Core Points - The construction of Kazakhstan's first nuclear power plant has officially begun, with a ceremony held in the Zhambyl region [1] - The project is led by Russia's state atomic energy corporation, utilizing the VVER-1200 reactor technology, with a designed capacity of 2.4 gigawatts and an estimated total investment of approximately $14 to $15 billion, expected to be completed by 2035-2036 [1] - The plant will be owned and operated by Kazakhstan, with uranium supply sourced locally, and Kazakhstan will also gain relevant technological expertise [1] Project Details - The nuclear power plant is located near Lake Balkhash, and the Russian company has begun drilling the first exploratory wells to collect soil samples [1] - Over the next 18 months, the Russian state atomic energy corporation plans to drill 50 exploratory wells to assess seismic stability, hydrogeological characteristics, economic benefits, and other critical parameters at three potential sites [1] - The project has received widespread support from local residents and the general public in Kazakhstan, being viewed as a strategic initiative for the country's nuclear industry development, technological innovation, and long-term economic growth [1]

Group 1: Financial Performance - The company's Q1 2025 revenue decreased by 21.31% compared to the same period last year, with ordinary and intelligent products revenue at 29.93 million CNY, down 11.52% [4] - Nuclear product revenue was 14.14 million CNY, a decline of 37.92% year-on-year, attributed to a decrease in project orders and delivery schedules [4] Group 2: Revenue Trends - Revenue for ordinary and intelligent products from 2022 to 2024 was 172.39 million CNY, 159.46 million CNY, and 168.40 million CNY respectively, showing a 5.61% increase in 2024 compared to 2023, but a 2.31% decrease from 2022 [5] - The company aims to enhance revenue through new product launches and market strategies [5][6] Group 3: Nuclear Product Development - The company has been involved in the civil nuclear power sector since the 1980s, developing various nuclear-grade valve actuators [8] - Future plans include addressing specific application environments in nuclear power, such as sodium fire and high magnetic fields, to meet the demand for miniaturization and intelligent operation [9] Group 4: Market Share and Opportunities - The company holds a significant market share in the nuclear sector, benefiting from early certifications and product development [10] - Five new nuclear projects were approved in April 2025, which are expected to increase the company's nuclear product orders [11] Group 5: Industry Outlook - Nuclear energy is a strategic choice for achieving carbon neutrality in China, with projections indicating that by 2035, nuclear power generation could account for approximately 10% of the energy mix [13] - The nuclear power sector is expected to expand, contributing to economic growth and technological advancements [13]