Group 1 - The State Council issued implementation opinions to improve the national unified electricity market system, promoting distributed energy sources to fairly bear system adjustment costs and participate in the market through aggregation and direct trading models [1] - The report from the International Energy Agency predicts that global electricity demand will grow at an average annual rate of over 3.5% until 2030, with renewable energy and nuclear power together accounting for 50% of the global electricity structure by 2030 [1] - CITIC Securities research indicates that AI demand is driving a revival in the global nuclear power industry, with high-profit and high-growth nuclear manufacturing industry valuations expected to be reassessed [1] Group 2 - Domestic nuclear power has entered a peak period of normalization in approval and construction, with component deliveries expected to peak in 2026, leading to accelerated profit release in the industry [1] - Advanced reactor technologies, nuclear technology applications, exports, and spent fuel reprocessing are expected to contribute significantly to incremental demand [1] - Long-term prospects for nuclear fusion are anticipated to substantially enhance sector valuations, leading to a strong recommendation for the nuclear power industry [1] Group 3 - Related Hong Kong stocks in the nuclear power industry include China General Nuclear Power (01816), China National Nuclear Corporation International, and China General Nuclear Mining (01164) [2]