（记者 王瀚黎） 每经AI快讯，有投资者在投资者互动平台提问：贵公司旗下哈电动装，网报建设世界一流核主泵研制 基地目标，请问核主泵的相关技术含量如何？是在电机行业中地位如何？对公司未来影响如何？ 佳电股份（000922.SZ）12月23日在投资者互动平台表示，核主泵作为反应堆冷却剂系统的"心脏"，是 核岛主设备内唯一旋转的最关键、最核心且制造难度最大的设备。哈电动装是国内同时具备轴封型核主 泵及其电机、三代核电屏蔽型主泵电机设计与制造能力的企业。多年来，公司持续深耕核电领域，公司 自主研制的核主泵已成功应用于"华龙一号"、"国和一号"、"玲龙一号"等国家重大核电工程，已成为国 内核主泵设备的重要供应商。在核主泵领域的发展中，通过持续的技术创新与实践，取得了显著的自主 可控技术进步，不仅在设计、制造、材料、检验等方面形成了较为完整的产业链自主能力，而且在关键 技术与材料的国产化方面取得了重大突破。未来公司将持续深化核主泵技术迭代，推进装备标准化、智 能化升级，打造优质装备，持续推动核主泵国产化进程，在我国核电事业迈向新高度的道路上不断奋 进。 ...

证券日报网讯12月22日，佳电股份（000922）在互动平台回答投资者提问时表示，佳电股份作为目前国 内唯一高温气冷堆有供货业绩的设备生产企业，通过承担并成功交付国家科技重大专项"高温气冷堆核 电站示范工程"主氦风机的制造任务，已经积累了宝贵的主氦风机设计、制造、测试的核心技术与工程 经验。未来，佳电股份将持续关注并积极参与产业链协同，把握产业发展机遇，充分发挥科技创新、产 业支撑和安全保障作用，持续推动核电技术升级和产业进步，积极拓展高温气冷堆应用新场景，为我国 核电事业高质量发展和能源战略实施提供坚实保障。 ...

国泰海通晨报 2025 年 12 月 22 日 国泰海通证券股份有限公司 研究所 [Table_Summary] 1、【宏观研究】：本周大宗商品中铜与金表现亮眼，发达市场股票表现优于新兴市场。美国就业 市场仍处于弱而不崩的状态，通胀增速不及预期，二次反弹风险相对可控，美联储短期内或暂停 降息进行观望。日央行如期加息 25BP，未来或仍将缓慢加息。欧央行降息周期或已接近终点。 2、【食品饮料研究】东鹏饮料：管理效率持续提升助力东鹏将大量利润节约下来回馈给渠道及消 费者，迎合了饮料行业消费者对于高质价比愈加重视的大趋势，因此公司品类扩张将超市场预期。 3、【机械研究】核电设备：上周（2025/12/15-2025/12/19）可控核聚变领域动态：上周中标主要集 中在磁体和电源等部件；特朗普媒体科技宣布与 TAE 签署最终合并协议；Gyro Swin 实现秒级 5D 等离子体建模。 [汤蔚翔 Table_Authors] (分析师) 电话：021-38676172 邮箱：tangweixiang@gtht.com 登记编号：S0880511010007 [Table_ImportantInfo] 今日重点推荐 王宇 ...

Investment Rating - The report assigns an "Accumulate" rating for the controllable nuclear fusion industry [5]. Core Insights - The controllable nuclear fusion industry is experiencing a significant acceleration in bidding, with major contracts focusing on components such as magnets and power supplies. The total amount of contracts awarded has exceeded 1 billion RMB [3][4]. - Trump Media Technology has announced a final merger agreement with TAE Technologies, valued at over 6 billion USD, aimed at building large fusion power plants to meet energy demands driven by artificial intelligence [4][18]. - The U.S. Department of Energy has invested 87 million USD to promote the application of artificial intelligence in fusion energy research, indicating a strong governmental push towards technological advancements in this field [24]. Summary by Sections Market Performance - During the week of December 15-19, the nuclear fusion index fell by 0.59%, underperforming the broader market by 0.62 percentage points [8][11]. Bidding and Contract Information - The report highlights that the bidding activity has significantly increased, with major contracts awarded primarily for magnets and power supplies. Notable companies involved in recent contracts include Aike Saibo and Qifan Cable [4][10]. Domestic and International News - Gyro Swin, an AI tool developed by a research team, has achieved a 1000-fold increase in the speed of 5D plasma modeling, reducing computation time from days to seconds [13]. - Thea Energy has unveiled the Helios concept design for a commercial fusion power station, which aims to simplify the manufacturing of complex magnetic fields necessary for plasma confinement [16][17]. Investment Dynamics - The merger between Trump Media Technology and TAE Technologies is expected to facilitate the construction of the first utility-scale fusion power plant, with an initial capacity of 50 MW and plans for future expansion [19][23]. - The report emphasizes the importance of focusing on key components such as magnets, power supplies, and other critical systems within the controllable nuclear fusion sector, identifying several key domestic suppliers [27].

Group 1 - The article emphasizes the importance of a new type of national system to enhance China's technological self-reliance and innovation capabilities in key areas such as integrated circuits, advanced materials, and biomanufacturing [10][11][12] - The new system aims to integrate government leadership with market mechanisms, ensuring that scientific research aligns with national strategic goals while fostering a collaborative environment for scientists [11][12][13] - The space science pilot project, initiated in 2011, is highlighted as a successful example of this system, demonstrating effective management and collaboration in satellite design, launch, and scientific output [12][14] Group 2 - The article discusses the role of private enterprises, such as Jiangsu Shentong Valve Co., in national projects like the "Hualong One" nuclear power project, showcasing how the new system facilitates collaboration between academia, industry, and government [15][16] - The successful development of critical components for the "Hualong One" project illustrates the importance of coordinated efforts and resource sharing among various stakeholders in achieving technological breakthroughs [16][17] - The article stresses the need for private companies to align their development with national strategies to contribute to technological advancements and modernization [15][17] Group 3 - The article outlines the necessity of combining effective market mechanisms with proactive government involvement to support the development of a robust aerospace industry in China [17][18] - It highlights the historical achievements of China's aerospace sector and the need for continued innovation and collaboration to maintain competitiveness in the global arena [18][19] - The article calls for a new innovation development model that integrates national guidance, local initiatives, and market leadership to foster high-quality growth in emerging industries [18][19] Group 4 - The article emphasizes the significance of aligning scientific research with national needs, particularly in the context of developing core technologies like ion membrane technology [20][21] - It discusses the successful establishment of production lines for ion membranes, demonstrating the effective integration of research and industry to meet domestic and international demands [20][21] - The article points out that advancements in high-end ion membranes will be crucial for future international competition in clean energy and storage technologies [21][22] Group 5 - The article advocates for a comprehensive approach to technology finance, emphasizing the need for investment in knowledge value alongside traditional financial metrics [22][23] - It highlights the role of venture capital and government funds in supporting high-tech startups and ensuring that financial resources are directed towards strategic industries [23][24] - The article calls for improved connections between primary and secondary markets to facilitate funding for technology innovation and create a sustainable ecosystem for growth [23][24]

可控核聚变行业招标显著加速，联创光电与中国能建签署 战略协议 [Table_Report] 相关报告 | [姓名table_Authors] | 电话 | 邮箱 | 登记编号 | | --- | --- | --- | --- | | 肖群稀(分析师) | 0755-23976830 | xiaoqunxi@gtht.com | S0880522120001 | | 黄龙(分析师) | 021-38031028 | huanglong@gtht.com | S0880525070027 | 本报告导读： 股 票 研 究 上周（2025/12/8-2025/12/12）可控核聚变领域动态：上周采购需求主要集中在热疲 劳试验机和冷屏部件等；ITER 组织开源发布 IMAS 基础设施与物理模型；联创光 电与中国能建签署战略协议。 核电设备《国家能源局启动"人工智能"能源试 点，中法持续推进和平利用核能领域合作》 2025.12.06 核电设备《中国发布燃烧等离子体国际科学计 划，2025 年我国 ITER 合同金额已超 1.2 亿欧 投资要点： [Table_Invest] 评级： 增持 ——可控核聚变行业周报 元 ...

证券日报网12月11日讯冰轮环境（000811）在12月11日回答调研者提问时表示，近期，国家核电建设释 放提速信号。在这个领域，公司聚焦核岛冷却、核能供热等核心场景，研发出一系列核岛冷却、冷却余 热回收、安全壳内无动力空冷器、水热同产同送、核能供暖大温差长输供热等创新技术，为核电站安全 稳定运行与清洁能源高效利用，提供坚实的技术支撑与解决方案。在国内，服务了红沿河、宁德、阳 江、防城港、海阳、徐大堡、三澳、陆丰、太平岭、苍南、石岛、白龙等核电站。旗下换热技术公司依 托流体动力技术底蕴，创新研发出安全壳内屏蔽冷却水系统无动力空冷器，批量供货全球首座商用四代 技术高温气冷堆。旗下顿汉布什公司是全球核岛制冷机服务商，拥有20余年核电服务经验，是国家能源 局《核空气和气体处理规范通风、空调与空气净化第18部分制冷设备》标准的主要起草单位，是国内唯 一一个在核岛各个区域都有应用且核岛制冷机品种最全的生产厂家，有着丰富的国内外案例。近期中标 浮动小型核反应堆冷机项目，伴随中国小型堆分布式能源发展开端。旗下华源泰盟公司以荣获国家技术 发明奖二等奖的吸收式换热技术为基础，与清华大学合作研发出水热同产同送(应用于核能利用海水 ...

证券日报网讯12月10日，西子洁能（002534）在互动平台回答投资者提问时表示，公司在核电领域已有 20多年的深耕与发展，已取得民用核二三级制造许可证。同时，公司具有丰富的项目经验，与中广核集 团等建立了长期战略合作，产品质量可靠。近年来，公司聚焦核岛关键设备的研发生产制造，积极拓展 核电设备国内外合作，加快向三代核电、四代核电，积极对接国内可控核聚变实验项目争取切入机会。 公司拥有核级制造车间，具备成型工艺、机械加工、核级焊接、核级无损检测、热处理及水压试验等完 整的核级设备制造能力。目前，公司已具备核聚变装置冷却水系统三级回路设备的全流程供货能力。未 来，公司将立足现有技术优势，积极拓展业务边界，力争承接二级回路设备供货项目，并同步拓展杜瓦 结构的生产制造能力，为我国核聚变工程提供更全面、可靠、高质量的装备支撑。 ...

证券日报网讯 12月10日，西子洁能在互动平台回答投资者提问时表示，公司在核电领域已有20多年的 深耕与发展，已取得民用核二三级制造许可证。同时，公司具有丰富的项目经验，与中广核集团等建立 了长期战略合作，产品质量可靠。近年来，公司聚焦核岛关键设备的研发生产制造，积极拓展核电设备 国内外合作，加快向三代核电、四代核电，积极对接国内可控核聚变实验项目争取切入机会。公司拥有 核级制造车间，具备成型工艺、机械加工、核级焊接、核级无损检测、热处理及水压试验等完整的核级 设备制造能力。目前，公司已具备核聚变装置冷却水系统三级回路设备的全流程供货能力。未来，公司 将立足现有技术优势，积极拓展业务边界，力争承接二级回路设备供货项目，并同步拓展杜瓦结构的生 产制造能力，为我国核聚变工程提供更全面、可靠、高质量的装备支撑。 （文章来源：证券日报） ...

Core Viewpoint - The successful production and delivery of the main helium blower by the company marks a significant milestone in the commercialization of China's fourth-generation nuclear power technology, showcasing the transition from technical breakthroughs to large-scale engineering applications [2] Group 1: Company Developments - The main helium blower, developed independently by the company, has achieved successful production and delivery, indicating the company's strong position in the core equipment sector for high-temperature gas-cooled reactors [2] - The company provided key equipment for the world's first commercially operational modular high-temperature gas-cooled reactor at the Shandong Shidao Bay Nuclear Power Plant, reinforcing its role as a supplier in this advanced nuclear technology [2] Group 2: Industry Implications - High-temperature gas-cooled reactors, as a fully domestically developed advanced nuclear energy system, possess inherent safety features and have broad prospects in applications such as hydrogen production and seawater desalination [2] - The company will continue to monitor technological and market dynamics in these application areas and is prepared to leverage its capabilities in core equipment to seize future market opportunities [2]