Core Viewpoint - The company is currently advancing a major asset restructuring, divesting existing financial businesses and acquiring high-quality nuclear power assets, positioning itself as a consolidation platform for nuclear power operations under the State Power Investment Corporation [1] Group 1: Asset Restructuring - The company is in the process of significant asset restructuring, which involves divesting its current financial operations [1] - The restructuring aims to integrate nuclear power assets, enhancing the company's focus on nuclear energy [1] Group 2: Nuclear Technology - The company has mastered advanced nuclear technologies such as AP1000 and CAP1000 [1] - AP1000 is a third-generation nuclear technology developed by Westinghouse Electric Company, while CAP1000 is a domestically developed technology based on the AP1000 design [1] - The Shandong Haiyang Nuclear Power Project, controlled by the company, plans to construct six 1,000 MW nuclear units, with the first two units utilizing AP1000 technology and the remaining four employing the domestically designed CAP1000 technology [1]

欢迎扫描下方二维码关注： 一、基本情况 国家建立核事故应急准备金制度，保障核事故应急准备与响应工作所需经费。核应急准备资金分为场内核应急准备资金、场外核应急准 备资金、国务院有关部门和军队所需的核应急准备资金。税务部门负责征收的主要是核事故应急准备专项收入中，由核电企业按规定承担 上缴的场外核应急专项收入。 1993年8月，为了加强核电厂核事故应急管理工作，控制和减少核事故的危害，国务院制定《核电厂核事故应急管理条例》（国务院令 第124号），并于2011年1月进行修订，明确场内核事故应急准备资金由核电厂承担，场外核事故应急准备资金由核电厂和地方人民政府共 同承担。 2007年9月，财政部、国防科工委联合印发《核电厂核事故应急准备专项收入管理规定》（财防〔2007〕181号），明确了核电厂核 事故应急准备专项收入的征收标准、缴纳方式等。 2018年12月，财政部印发《关于将国家重大水利工程建设基金等政府非税收入项目划转税务部门征收的通知》（财税〔2018〕147 号），明确自2019年1月1日起，将原由财政部驻地方财政监察专员办事处负责征收的核事故应急准备专项收入划转税务部门征收。 二、政策依据 （一）基本法 ...

人民财讯9月26日电，近日，中国人寿（601628）资产管理有限公司(简称"国寿资产")作为独家金融机 构LP，同中国核工业集团有限公司成员单位共同发起设立中核田湾(北京)核电股权投资基金合伙企业 (有限合伙)(简称"田湾基金")，并完成首笔出资。 田湾基金投资于中核苏能核电有限公司，资金用于支持田湾核电站7、8号机组及江苏徐圩核能供热一期 项目建设。国寿资产表示，发挥保险资金长期资本、耐心资本优势，创新股权投资方法论，为田湾基金 量身定制了交易方案。该基金投资期限达10年，交易安排充分考虑核电项目建设及运营实际，适配核电 项目资本金的投资需要。 ...

智通财经APP获悉，港股今日震荡走弱，三大指数午后跌幅显著扩大，其中，恒科指表现最差，尾盘一 度跌超3%。截止收盘，恒生指数跌1.35%或356.48点，报26128.2点，全日成交额为3236.74亿港元；恒 生国企指数跌1.49%，报9303.1点；恒生科技指数跌2.89%，报6195.11点。全周来看，恒指累跌1.57%， 国指累跌1.79%，恒科指累跌1.58%。 光大证券指出，美联储降息周期开启，港股未来或继续震荡上行。港股整体盈利能力相对较强，同时互 联网、新消费、创新药等资产相对稀缺。此外，尽管港股已经连续多月上涨，但是整体估值仍然偏低， 长期配置性价比仍较高。在AI产业趋势持续发展，以及美联储降息周期开启背景下，港股市场未来或 许将继续震荡上行。 蓝筹股表现 小米集团-W(01810)领跌蓝筹。截至收盘，跌8.07%，报54.65港元，成交额233.47亿港元，拖累恒指 137.07点。9月25日晚，全新小米17系列手机发布，起售价4499元；小米17Pro系列手机，起售价4999 元；小米17Pro Max系列手机，起售价5999元。此外，雷军谈及造芯时表示，芯片是小米走向成功的必 由之路， ...

Group 1 - Nuclear power stocks have risen significantly, with increases of over 9% and 7% for specific companies [1] - Major companies such as China National Nuclear Corporation and China General Nuclear Power Corporation have seen notable stock price increases, with China National Nuclear Corporation rising by 9.16% to 4.290 and China General Nuclear Mining rising by 7.19% to 3.280 [1] - The rise in uranium prices, approximately 5% this year, is attributed to production cuts by major suppliers and increasing demand from nuclear power construction and AI data centers in China [1] Group 2 - Morgan Stanley reports that the global uranium market is undergoing significant changes, with a tight supply and strong demand leading to an optimistic price outlook [2] - The forecast predicts uranium prices will reach $87 per pound by Q4 2025, supported by supply challenges, stable spot demand, and potential increases in contract volumes [2] - The structural support from the "nuclear renaissance" is strengthening the fundamentals of the uranium market, indicating further price potential [2]

Group 1 - Hong Kong nuclear power stocks experienced an increase on September 26, with China National Nuclear Corporation International (02302.HK) rising by 9.67% to HKD 4.31 [1] - China General Nuclear Power Corporation Mining (01164.HK) saw a rise of 7.84%, reaching HKD 3.3 [1]

Core Insights - Nuclear stocks have risen significantly, with China National Nuclear Power (02302) up 9.67% to HKD 4.31 and China General Nuclear Power (01164) up 7.84% to HKD 3.3 [1] - A recent report from JPMorgan highlights a growing market tension between the explosive demand driven by nuclear energy revival and AI revolution, and the supply bottlenecks caused by major producers reducing output and geopolitical factors [1] - Uranium spot and futures prices have increased by approximately 5% this year, driven by production cuts from major suppliers like Kazatomprom and Cameco, alongside strong demand from China's rapid nuclear power construction and AI data centers [1] Supply and Demand Dynamics - Morgan Stanley's report indicates significant changes in the global uranium market, with evolving supply-demand dynamics making the market outlook increasingly favorable [1] - The optimistic price outlook is supported by tightening supply, stable spot demand, and an increase in potential contract volumes, alongside structural support from the nuclear energy revival [1] - Morgan Stanley projects uranium prices to reach USD 87 per pound by Q4 2025, reflecting a solid fundamental backdrop for the uranium market with further upward price potential [1]

Core Viewpoint - Nuclear stocks have risen significantly, driven by a combination of increasing demand from nuclear energy revival and AI revolution, alongside supply constraints from major producers [1] Group 1: Market Performance - China National Nuclear Corporation International (02302) increased by 9.67%, reaching 4.31 HKD; China General Nuclear Power Corporation (01164) rose by 7.84%, reaching 3.3 HKD [1] Group 2: Supply and Demand Dynamics - A report from JPMorgan highlights a tightening market reality, with uranium spot and futures prices rising approximately 5% this year due to reduced production from major suppliers like Kazatomprom and Cameco [1] - The rapid construction of nuclear power plants in China and the substantial electricity demand from AI data centers are driving strong growth in uranium demand [1] Group 3: Future Price Outlook - Morgan Stanley indicates that the global uranium market is undergoing significant changes, with a positive price outlook due to tightening supply and strong demand [1] - Uranium prices are expected to reach 87 USD per pound by Q4 2025, supported by supply challenges, stable spot demand, and an increase in potential contract volumes [1] - The structural support from the "nuclear energy revival" contributes to a solid fundamental outlook for the uranium market, indicating further price upside potential [1]

金 融 期 货 研 究 | | | 毛磊 | | | 投资咨询从业资格号：Z0011222 | | maolei@gtht.com | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | 【期指期现数据跟踪】 | | | | | | | | | 期指数据 | | | | | | | | | | | 收盘价 | 涨跌幅% | 基 差 | 成交额-亿 | 成交量 | 变 动 | 持仓量 | 变 动 | | 沪深300 | 4593.49 | ↑0.60 | | 6698.7 | | | | | | IF2510 | 4585 | ↑0.83 | -8.49 | 511.1 | 37193 | ↓5543 | 59117 | ↑154 | | IF2511 | 4571.2 | ↑0.94 | -22.29 | 39.3 | 2872 | ↓1711 | 4008 | ↓466 | | IF2512 | 4562.2 | ↑0.88 | -31.29 | 1103.9 | 80775 | ↓5752 | 154619 | ↑2755 | | I ...

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]