当天，西部超导股价收跌2.98%，最近一个月涨幅28.75%。（智通财经记者 杨漾） 西部超导（688122.SH）微信公号10月10日发布消息，近期公司运用粉末装管（PIT）技术制得的实用 化MgB₂高温超导线材成功实现量产，单根长度达到2万米以上，产品各项性能指标均达国际领先水平。 公司累计生产逾250公里MgB₂线材，作为关键材料为南方电网超导磁储能装置提供了有力技术支撑。与 此同时，西部超导在国际上首次通过中心镁扩散法制备出千米级多芯MgB₂线材。超导材料领域，该线 材在磁共振成像、超导磁储能、电力电缆和高场磁体等领域展现出巨大应用潜力，是实现高效、紧凑型 超导装置的关键材料之一。 ...

在7月29日《中美的终极对决——东方超环》文章中介绍了，人类巅峰科技是解决全球能源问题，因为石油天然气等化石能源终有枯竭的一天，中美都在加 速研发可控核聚变技术，通俗讲就是"人造太阳"；近日，中国科研团队在该领域实现重大突破，根据9月28日央视新闻报道，中国科学院合肥物质院等离子 体物理研究所联合国内多家科研机构与大学共同研制的全超导磁体，实现了35.1特斯拉中心稳态磁场，创造了新的世界纪录。 可控核聚变产生的能量比原子弹爆炸能量还要大，并且没有任何放射性物质产生，因此可控核聚变被誉为"终极能源"，而谁拥有了可控核聚变技术，谁将拥 有取之不尽用之不竭的清洁能源。 核聚变就像太阳一样发出巨大能量，但如何把这个能量锁住，被人类所用，被人类控制，一直是人造太阳的核心研究方向，中国为此研制出世界领先的"东 方超环"，走的是托卡马克磁约束路线。"东方超环"就像一个笼子一样，把高温等离子体约束在里面，而近日中国实现的35.1特斯拉中心稳态磁场将让"东方 超环"升级成"东方超环"ultra版，超强且稳定的磁场意味着可以让"东方超环"里持续发生核聚变，核聚变时间越长，能量输出越多。原本计划到2050年中国 聚变工程实验堆实验 ...

Group 1 - The article discusses the significant economic and strategic importance of superconducting materials, which possess properties such as zero electrical resistance and complete magnetic resistance, enabling applications that conventional materials cannot achieve [4] - Superconducting materials are categorized into three types: high-temperature superconductors, low-temperature superconductors, and room-temperature superconductors [4] - The potential for high-temperature superconductors to expand application areas is highlighted, particularly in relation to nuclear fusion demand, which could unlock a market space worth billions [4] Group 2 - Guan Zhong Ecology (300948) resumed trading and saw its stock price hit a new high for the year, closing with a limit-up of 15.6 million shares on September 29 [2] - The company reported a total revenue of 0.53 million yuan for the first half of the year, a year-on-year decline of 52.33%, and a net loss of 3.1861 million yuan, marking the lowest level since its listing [2] - Guan Zhong Ecology plans to establish a dual-main business structure by acquiring a 51% stake in Hangzhou Actuary Artificial Intelligence Technology Co., Ltd., with an estimated valuation of no more than 560 million yuan [2] Group 3 - The successful development of a 35.1 Tesla steady-state superconducting magnet by a research team led by the Hefei Institute of Plasma Physics represents a new world record and a significant technological breakthrough [3] - This superconducting magnet utilizes a combination of high-temperature and low-temperature superconductors, achieving stable operation for 30 minutes, which validates the reliability of the technology [3] - The achievement is expected to drive advancements in the domestic high-temperature superconducting materials industry and support various applications, including nuclear magnetic resonance imaging and efficient power transmission [3] Group 4 - The article notes that institutional investors have shown strong interest in superconducting concept stocks, with Zhongtian Technology receiving the most positive ratings from 19 institutions [6] - Other notable superconducting concept stocks include Western Superconductor, Zhongtung High-tech, and Bo Wei Alloy, which have also attracted significant institutional attention [7] - Financing data indicates that several superconducting concept stocks have seen net purchases exceeding 100 million yuan since September, with Woer Nuclear Materials leading with 1.384 billion yuan [7]

超导材料是具有重大经济和战略意义的先进材料。 冠中生态复牌涨停 拟打造双主业架构 9月29日，冠中生态（300948）复牌，股价一字涨停，收盘涨停封单达15.6万手，最新收盘价创今年以来新高。 冠中生态聚焦生态环境建设主业，覆盖包括植被恢复、水土保持、防沙治沙、土壤修复、土地整治、水环境治理等自然环境生态修复业务，以及景观园 林、市政工程、环卫保洁等人工环境生态建设业务。今年上半年，公司营业总收入0.53亿元，同比下滑52.33%；净利润亏损318.61万元，创上市以来同期 新低。 9月28日，冠中生态发布的公告显示，公司控股股东冠中投资及实控人李春林夫妇拟分两期向杭州深蓝财鲸人工智能科技合伙企业（简称"深蓝财鲸"）协 议转让所持公司15.5%股份，并放弃剩余股份表决权，公司控股股东从而变更为深蓝财鲸。 同时，冠中生态拟以现金方式收购杭州精算家人工智能技术有限公司（简称"杭州精算家"）51%股权，整体估值暂定为不超过5.6亿元。本次交易构成关联 交易，但不构成重大资产重组和重组上市。 据悉，杭州精算家是一家专注于财税数智化技术研发与应用的企业服务商。未来，冠中生态将形成"生态修复+财税数智化"双主业架构。 我 ...

Power Industry - In August, China's total electricity consumption reached 10,154 billion kWh, a year-on-year increase of 5.0%, marking the second consecutive month of exceeding 1 trillion kWh [1] - CITIC Securities suggests that sustained high electricity consumption supports the allocation of long-term assets like hydropower and nuclear power, which have stable operations and potential for valuation expansion [1] New Energy Vehicles - In the first eight months of 2025, China's new energy vehicle exports reached 202,000 units, a year-on-year increase of 51%, significantly higher than the 24% growth in the same period of 2024 [2] - The growth in exports is driven by plug-in hybrid and hybrid vehicles, particularly strong performance in the export of plug-in hybrid pickups [2] Solid-State Batteries - The 7th High Energy Density Solid-State Battery Key Materials Technology Conference was held, focusing on solid electrolytes, electrode materials, and industrialization progress [3] - Guotai Junan Securities indicates that the industrialization of solid-state batteries is accelerating, with a collaborative model emerging between automakers and battery manufacturers [3] Copper Foil - Mitsui Mining & Smelting announced a price increase of approximately 15% for high-end electrolytic copper foil, confirming supply shortages driven by AI server demand [4] - The demand for HVLP copper foil is significantly higher due to AI servers, with Nvidia's new platform utilizing HVLP copper foil, indicating a sustained supply-demand gap [4] Nanorobots - A research team from the Chinese Academy of Sciences developed engineered nanomarkers that can precisely identify cancer cells, marking a breakthrough in cancer immunotherapy [5] - This technology transforms traditional observation tools into precise treatment tools, offering advantages such as accurate cancer cell identification and activation of the immune system [5] Manufacturing Measurement - The State Administration for Market Regulation and the Ministry of Industry and Information Technology are soliciting projects to support the development of new industrial productivity for 2025 [6] - The Chinese manufacturing measurement market is expected to exceed 150 billion RMB by 2025, with a compound annual growth rate (CAGR) of over 10% [6] Superconductors - Researchers at the Chinese Academy of Sciences developed a new technology for producing iron-based superconducting wires, achieving record performance metrics [7] - Iron-based superconductors exhibit strong magnetic field resistance and stability, showing potential applications in high-energy particle accelerators and controlled nuclear fusion devices [7] Macro and Industry News - The penetration rate of combination driving assistance systems in the passenger car market exceeds 60% [8] - China's monthly electricity consumption has exceeded 1 trillion kWh for two consecutive months, marking a significant milestone [8]

东方钽业 20250914 摘要 东方产业是国内钽铌行业龙头，受益于电子、半导体、军工及超导等领 域需求增长，通过持续产能扩张，营收和利润实现快速增长，近几年营 收复合增速接近 20%，扣非净利润年复合增长率约 70%。 公司通过实施股权激励、计件激励、研发项目分红等市场化激励政策， 显著提升员工生产积极性，推动业绩快速增长，普通研发人员薪酬甚至 高于董事长。 自 2023 年起，公司通过定增和自有资金进行多轮产能扩张，火法冶金 产能从 330-400 吨扩展至 1,000 吨以上，射频超导腔年产量规划新增 至 500 只，湿法冶金产能也大幅扩张。 公司计划在最新一轮竞争预案中，将火法冶金产能提升至 2000-3,000 吨，制品侧产能扩大至 200 多吨，上游湿法冶金环节提升至 3,000 多吨， 实现一体化产业链布局，满足下游各领域旺盛需求。 全球钽矿供给集中在非洲，产量稀缺，需求端瓶颈突破需要更优质材料， 推动价格上涨。AI 技术发展显著推动了钽电容器市场需求增长，公司销 售情况显示出快速修复和增长趋势。 Q&A 东方产业在过去一年中的业绩表现如何？ 从去年（2024 年）9 月份到今年（2025 年） ...

Core Insights - Researchers at Cornell University have developed a groundbreaking "one-step" 3D printing method for creating record-performance superconductors, specifically niobium nitride, achieving an unprecedented upper critical magnetic field of 40-50 teslas [1][2] - This new method simplifies traditional complex processes, potentially advancing various fields from medical imaging magnets to quantum devices [1] Group 1: Research Breakthrough - The 3D printed niobium nitride superconductor exhibits a record "constraint effect induced value" due to its nanoporous structure, which is crucial for strong superconducting magnets like MRI machines [2] - The team previously utilized block copolymers for self-assembling superconductors, demonstrating that soft material methods can produce superconductors with performance comparable to traditional methods [1][2] Group 2: Methodology and Efficiency - The new "one-step" process uses an "ink" composed of block copolymers and inorganic nanoparticles, allowing for self-assembly during 3D printing and subsequent thermal treatment to form porous crystalline superconductors [1] - This method eliminates multiple synthesis steps, powder preparation, binder addition, and several heating cycles, significantly enhancing efficiency [1] Group 3: Future Applications - The team plans to extend this method to other superconducting materials like titanium nitride and explore complex 3D geometries that are difficult to achieve with traditional methods [2] - The record high surface area resulting from the porous architecture opens new avenues for research into quantum materials and the development of next-generation devices [2]

Group 1 - The core point of the article is the establishment of a new technology company, Dongchao Frontier (Shanghai) Technology Co., Ltd., which is involved in the manufacturing and sales of superconducting materials [1] - The new company has a registered capital of 10 million yuan and its business scope includes superconducting material sales, manufacturing, and electronic special equipment sales [1] - Dongchao Frontier is wholly owned by Yongding Co., Ltd. through its subsidiary, Eastern Superconducting Technology (Suzhou) Co., Ltd. [1]

Core Viewpoint - The meeting focused on the development of advanced superconducting materials and the strategic positioning of China Nonferrous Metal Group in cutting-edge technologies and future industries [1] Group 1: Company Initiatives - China Nonferrous Metal Group is leading the charge in frontier technologies, taking on tasks related to superconducting materials and controllable nuclear fusion as part of the State-owned Assets Supervision and Administration Commission's future manufacturing initiatives [1] - The company’s subsidiary, China Nonferrous (Ningxia) Oriental Group Co., Ltd., is positioned among the global leaders in low-temperature superconducting materials, with a project to produce 500 niobium superconducting cavities set to make it the largest manufacturer of radio frequency superconducting cavities worldwide [1] Group 2: Collaborative Efforts - A high-temperature superconducting engineering center has been established in collaboration with Songshan Lake Materials Laboratory, guided by Academician Zhao Zhongxian, to focus on the research and industrialization of high-temperature superconducting materials [1] - The meeting aimed to enhance cooperation and exchange among various parties to promote breakthroughs in the research and application of superconducting materials [1]

Summary of Key Points from the Conference Call Industry Overview - The nuclear fusion sector is experiencing rapid advancements, with both state-owned and private enterprises exceeding expectations in project progress. The Helen project plans to sell electricity to Microsoft by 2030, indicating a rising phase for industry catalysts [1][2]. Core Insights and Arguments - Various technical routes for nuclear fusion exist, with magnetic confinement technology showing greater scalability potential. The Tokamak device is the mainstream choice, with projects like ITER and BEST adopting this technology, while smaller FRC designs are more suitable for distributed power generation [1][6]. - Superconducting materials are critical to Tokamak devices, with high-temperature superconductors expected to account for nearly 50% of materials used in the future. Companies to watch include Shanghai Superconductor, Yongding, and Jinda, as well as magnet companies like Lianchuang Optoelectronics [1][7]. - The magnetic confinement scheme is preferred due to its strong engineering feasibility and long energy confinement time, achieved through strong magnetic fields that confine charged particles for controlled nuclear fusion [1][8]. Market Trends and Projections - The market demand for high-temperature superconducting materials in nuclear fusion magnets is projected to grow from 300 million yuan in 2024 to 4.9 billion yuan by 2030, with a compound annual growth rate (CAGR) of approximately 60% [3][15]. - The current focus in the nuclear fusion sector includes domestic project planning and bidding, as well as ignition progress in international projects. Key upcoming events include the Chengdu advanced skills unveiling and various bidding activities from companies like Shanghai China Fusion Energy and Nova Fusion [2][5]. Technical Insights - The Tokamak discharge process involves three stages: gas injection into the vacuum chamber, rapid current induction to accelerate free electrons, and further gas injection to increase reactant density and temperature [10][11]. - Superconducting materials significantly enhance nuclear fusion performance, with early materials achieving magnetic field strengths of 3-5 Tesla, while future trends indicate potential peaks of 12 Tesla with high-temperature superconductors [12][14]. Competitive Landscape - In the superconducting cable sector, notable companies include ASD, FFG, and Furukawa Electric internationally, with domestic players like West Superconducting Cable and Shanghai Superconducting Cable leading the market. Shanghai Superconducting Cable is expanding rapidly and supplying to major projects [16][17]. Additional Important Points - The distinction between magnetic mirror, stellarator, and Tokamak devices lies in their magnetic field structures and plasma confinement methods, with Tokamak being the most researched and developed [9]. - High-temperature superconductors are more advantageous than low-temperature ones due to their operational efficiency in liquid nitrogen environments and lower production costs, despite the initial high costs associated with first-generation materials [13]. This summary encapsulates the essential insights and developments within the nuclear fusion industry as discussed in the conference call, highlighting both current trends and future projections.