| 公布日 | 投资方 | 交易金额 | 融资轮次 | | --- | --- | --- | --- | | 2026-01-15 | 鼎峰科创 | 数亿人民币 | 天使轮 | | | 中科创星 | | | | | 北极光创投 | | | | | 耀途资本 Glory Ventures | | | | | 广发信德 | | | | | 一曲 各本 | | | | 2025-05-12 | 海创新时代 | 未披露 | 出资设立 | | | 海桐台创 | | | 超磁新能（上海）科技有限公司（以下简称"超磁新能"）以"聚变元年"2025年为新起点，承载行业超前 布局与技术积淀，定位于可控核聚变核心部件提供商，专注于可控核聚变关键核心部件——高温超导强 场磁体系统的研发与制造，致力于推动聚变能源商业化进程。目前，超磁新能正在开发世界首个大尺寸 25特斯拉高温超导核聚变托卡马克磁体系统，这项世界级突破性技术有望使核聚变装置更加紧凑、高 效，大幅降低建设成本，为聚变能源商业化扫清关键障碍。 证券之星消息，根据天眼查APP于1月15日公布的信息整理，超磁新能（上海）科技有限公司天使轮融 资，融资额数亿人民币，参与投资的 ...

当"人造太阳"从科学构想逐步迈向工程实践，聚变能源正成为中国能源转型赛道上的核心焦点。聚变能 源的商业化探索既需要技术攻坚的定力，也需要产业布局的远见。合肥，这座集聚了近60家聚变产业链 企业、坐拥全球顶尖大科学装置的城市，正成为聚变能源产业化的核心策源地。皖能电力（000543）作 为省级能源龙头，早已通过战略投资入局。皖能电力董事长李明近日在接受中国证券报记者专访时详解 公司聚变能源布局思路，展望产业发展未来，为这场能源革命的商业化进程提供了企业视角。 三重角色深耕合肥聚变生态 ● 本报记者 刘杨 以BEST为支点 布局全周期能力 "合肥的区域优势为皖能电力的布局提供了重要支撑。"李明表示，公司正从三方面借力区域资源：依托 合肥顶尖科研装置与院所，复制协同创新模式加速技术工程化；依托合肥政策优势，主动对接地方政策 规划，争取聚变技术研发、示范项目的资金支持，依托产业联合会参与行业标准制定，与央企、专精特 新企业开展合作，实现优势互补，共同推动聚变产业规模化发展；借力企业集聚效应，构建"上下游协 同、产学研联动"的全链条布局，向上游联动企业攻关关键原材料、保障供应，向中游参与装备研发制 造、提升工程化能力， ...

Core Viewpoint - The establishment of Fusion New Energy aims to commercialize fusion energy in China, leveraging its abundant raw materials, high energy density, and pollution-free characteristics as a future clean energy source [1] Group 1: Financing and Capital Structure - Fusion New Energy was founded in Hefei in May 2023 with a registered capital of 5 billion yuan, which has been expanded to 14.5 billion yuan through a combination of equity expansion and capital increase [2] - The new capital structure is primarily dominated by state-owned capital, with significant stakes held by Anhui Energy Group and Hefei Industrial Investment, among others [2] - The company is recognized as a strategic technology innovation entity rather than merely an energy company, attracting long-term investment from various capital sources [2] Group 2: Commercialization Pathway - A strategic action plan has been developed to accelerate the commercial application of fusion energy, outlining a three-step approach: building a compact fusion energy experimental device (BEST), developing a Chinese fusion engineering demonstration reactor (CFEDR), and progressing towards commercial power generation [3] - Fusion New Energy is actively advancing the BEST project and planning for subsequent operational arrangements, with the CFEDR project being essential for future commercial fusion power plants [3] Group 3: Role Definition and Industry Positioning - By 2024, Fusion New Energy has clarified its three main roles: as the sole成果转化平台 for magnetic confinement nuclear fusion, as the chain leader in controllable nuclear fusion energy, and as a pioneer in the industrialization of controllable nuclear fusion in China [4] - The company has filed over 100 invention patents since its establishment, solidifying its intellectual property portfolio [4] - The fusion industry encompasses technology research, equipment manufacturing, material supply, and commercial applications, indicating a long supply chain with diverse materials and significant demand [4] Group 4: Collaborative Efforts and Engineering Development - Fusion New Energy has established 10 working groups focusing on key components, materials, processes, equipment, and testing, collaborating with various stakeholders across the supply chain [5] - The company aims to achieve low-cost applications by working with upstream and downstream enterprises in the construction of engineering and commercial reactors [5]

Core Insights - The Chinese Academy of Sciences' Hefei Institute of Plasma Physics has achieved a significant breakthrough with the delivery of the world's largest toroidal field (TF) magnet coil box, weighing 400 tons, which is crucial for the commercial development of fusion energy [1][3][4] Group 1: Project Details - The TF coil box measures 21 meters by 12 meters, with a maximum welding thickness exceeding 360 millimeters, and its weight is double that of similar components used in the International Thermonuclear Experimental Reactor (ITER) [3] - The successful delivery of the TF coil box signifies that China has mastered several core technologies in high-end equipment manufacturing for fusion devices, establishing a comprehensive industrial supply chain covering design, processing, inspection, and transportation [3] Group 2: Technological Impact - The CRAFT project aims to tackle key systems and core technologies for fusion reactors, providing essential technical support for the design, construction, and operation of future fusion reactors [4] - The technologies developed during the manufacturing of the TF coil box, such as large precision component manufacturing and extreme environment material applications, are expected to benefit other high-end manufacturing sectors, including aerospace, energy equipment, and marine engineering [3]

从研发到完成制造，项目团队历时5年多时间，攻克了多项关键技术难题。在原材料研制方面，完成了 低温不锈钢316LMn（ITER级JJ1）材料的国产化、完成了百吨级316LN超大锻件和128毫米316LN超厚 钢板的研制。在制造技术方面，面对最大厚度达360毫米的焊接挑战，研发了大厚度激光焊接和超深窄 焊接的组合焊接技术、相控阵无损检测技术，实现了线圈盒焊接的控形控性；开发了30米长空间弯管的 精密成形、低温树脂与钎焊的冷却管固定技术，实现了冷却管的高精密安装。 环向场线圈盒的成功交付，是聚变能源商业化迈出的重要一步。相关技术还可应用于航空航天、能源装 备、船舶海工等领域。（记者洪敬谱） 记者10月10日从中国科学院合肥物质科学研究院等离子体物理研究所获悉，聚变堆主机关键系统综合研 究设施（CRAFT）项目日前取得重要进展——环向场磁体线圈盒研制成功并在安徽省合肥市交付。 环向场线圈盒是环向场磁体的主体承力结构部件，是磁体系统的重要组成部分，主要用于保护环向场线 圈绕组并支撑与固定着极向场磁体等其他超导磁体。环向场线圈盒由超低温奥氏体不锈钢316LN和 316LMn材料构成，该部件外形尺寸21米×12米，重400 ...

来源：科技日报 科技日报记者 洪敬谱 环向场磁体线圈盒。中国科学院合肥物质科学研究院等离子体物理研究所供图 环向场线圈盒是环向场磁体的主体承力结构部件，是磁体系统的重要组成部分，主要用于保护环向场线 圈绕组并支撑与固定着极向场磁体等其他超导磁体。环向场线圈盒由超低温奥氏体不锈钢316LN和 316LMn材料构成，该部件外形尺寸21米×12米，重400吨，是目前世界上最大的环向场磁体线圈盒，整 体尺寸是国际热核聚变实验堆（ITER）同类部件的1.2倍以上，重量约为其两倍。 从研发到完成制造，项目团队历时5年多时间，攻克了多项关键技术难题。环向场线圈盒的成功交付， 是聚变能源商业化迈出的重要一步。相关技术还可应用于航空航天、能源装备、船舶海工等领域。 记者10日从中国科学院合肥物质科学研究院等离子体物理研究所获悉，聚变堆主机关键系统综合研究设 施（CRAFT）项目日前取得重要进展——环向场磁体线圈盒研制成功并在安徽省合肥市交付。 ...

Core Insights - The successful delivery of the toroidal field coil box marks a significant step towards the commercialization of fusion energy [2] - The technology developed for the coil box has potential applications in aerospace, energy equipment, and marine engineering sectors [2] Group 1: Project Development - The toroidal field coil box, measuring 21 meters by 12 meters and weighing 400 tons, is the largest of its kind in the world, exceeding the dimensions of similar components in the International Thermonuclear Experimental Reactor (ITER) by more than 1.2 times and weighing about twice as much [1] - The project team took over 5 years to overcome multiple key technical challenges, including the domestication of low-temperature stainless steel 316LMn and the development of large-scale 316LN forgings and ultra-thick steel plates [1] - Advanced manufacturing techniques were developed, such as a combination of laser welding for thick materials and phased array non-destructive testing, to ensure the precision of the coil box welding [1] Group 2: Material and Technology Innovations - The coil box is constructed from ultra-low temperature austenitic stainless steel 316LN and 316LMn materials, showcasing advancements in material science for fusion applications [1] - Precision forming technology for 30-meter-long cooling pipes and the use of low-temperature resin with brazing for pipe installation were also developed, enhancing the overall assembly process [1]