Core Insights - 合康新能 has secured a new order for the "Fuqing Nuclear Power Plant series high-pressure variable frequency device construction project" in October 2025, following a previous order for the "Xudabao Nuclear Power Plant seawater desalination high-pressure variable frequency renovation project" in September 2025 [1][2] Group 1: Company Developments - 合康新能's self-developed high-reliability high-pressure variable frequency drive successfully passed the inspection by China National Nuclear Corporation (CNNC) in June 2025, marking it as the first domestically produced variable frequency drive applied in nuclear power commercial reactor circulating water pump [1] - The company has been recognized for its technical strength and product reliability by CNNC, which has led to further orders for upgrading and renovating existing systems [1][2] Group 2: Industry Positioning - 合康新能 is collaborating with the State Nuclear Power Technology Corporation to develop a specialized variable frequency drive for the nuclear power industry, indicating its role as a full lifecycle value partner in the nuclear sector [2] - The company emphasizes the importance of safety and stability in nuclear power operations, which are critical for national energy security and social stability, and aims to meet the stringent reliability and longevity requirements of nuclear equipment [2]

Group 1 - The "Hualong One" Unit 2 has commenced its first nuclear fuel loading, marking a significant milestone in the construction of nuclear power projects, as it is a critical step before the unit can be connected to the grid for power generation [2] - Jiangsu's first dedicated geological satellite, "Jiangsu Geological No.," was successfully launched, indicating advancements in high-resolution optical remote sensing technology developed by Jiangsu Provincial Geological Bureau and Changguang Satellite Technology Co., Ltd [2] - The new business satellite "Electric Power Engineering No. A" has been launched from Jilin Province, aimed at enhancing the "Jilin No. 1" satellite project and providing high-precision remote sensing information for power engineering monitoring and management [2]

Group 1: Nuclear Energy Development - The "Hualong One" Unit 2 at the world's largest nuclear power base in Fujian has commenced its first nuclear fuel loading, marking a significant milestone in nuclear power engineering [1] - The "Hualong One" technology is currently the most widely used third-generation nuclear power technology globally, with Unit 1 already in commercial operation and Unit 2 expected to start generating power in Q4 of this year [1] - Once operational, Unit 2 is projected to provide over 10 billion kilowatt-hours of clean electricity annually [1] Group 2: Space and Scientific Research - China has conducted its first ground-based microgravity experiment using a mouse, facilitated by the electromagnetic catapult microgravity experimental device developed by the Chinese Academy of Sciences [3][4] - The electromagnetic catapult structure weighs over 300 tons and provides effective microgravity time of up to 4 seconds during experiments, contributing valuable data for material and combustion science [4] - The FAST telescope has discovered 1,152 pulsars, significantly surpassing the total number discovered by other international telescopes during the same period, marking a leap in China's radio astronomy research [5][7] Group 3: Meteorological Advancements - China has established a comprehensive meteorological observation system consisting of 9 Fengyun satellites, 842 weather radars, and over 90,000 ground observation stations, achieving a global leading level with its self-developed Beidou sounding system [8] - The integration of 35 commercial meteorological small satellites into operational meteorological services enhances the observational capabilities of Fengyun satellites [8] Group 4: Aerospace Achievements - The successful launch of the Gravity-1 remote-controlled rocket from Taiyuan Satellite Launch Center marks the second flight of this rocket, which has been upgraded for improved reliability and can carry over 400 kilograms of satellites [9] - The Gravity-1 rocket is designed to meet the demands for large-scale low-orbit satellite constellation launches in the future [9] Group 5: Overall Technological Progress - The series of advancements in various fields reflects the vibrant and robust technological innovation capabilities of China in the new era, with expectations for more progress and achievements [10]

Group 1: New Infrastructure Development - The Ministry of Industry and Information Technology (MIIT) and six other departments issued a notice to strengthen the construction of new information infrastructure, emphasizing the integration of "5G + industrial internet" and the need-based layout of computing power infrastructure [1] - The MIIT aims to enhance the supply of industrial data elements and promote the resourceization, assetization, and elementization of data, while building high-quality industry data sets [1] - The plan includes promoting the integration of artificial intelligence technology with service-oriented manufacturing and guiding the application of general large models, industry-specific large models, and intelligent agents in key scenarios [1] Group 2: Technological Advancements - MIIT's Chief Engineer Zhong Zhihong highlighted the importance of accelerating high-end computing and industrial multimodal algorithms, while also fostering the development of intelligent robots and new-generation smart terminals [2] - The focus is on creating a comprehensive smart interaction environment and advancing the research and development of 6G technology [2] Group 3: Industrial Internet and AI Integration - Zhong Zhihong also announced the implementation of a dual empowerment action for industrial internet and artificial intelligence, aiming to enhance new industrialization and expand the application of information communication technology in various sectors such as smart cities and digital rural areas [3] Group 4: Data Security and Compliance - The National Data Bureau emphasized the need for diverse paths to release the value of data elements and the importance of exploring efficient and compliant data circulation methods, especially with the rapid application of new technologies like AI [5] Group 5: Innovation Resource Allocation - MIIT's Li Lecheng stressed the importance of guiding innovation resources towards enterprises and enhancing the management and service of quality enterprises to support their growth and specialization [6] Group 6: AI Infrastructure Development - China Mobile announced an upgrade to its "AI+" action plan, committing to double its investment in artificial intelligence and build the largest and most advanced intelligent computing infrastructure in the country by the end of 2028 [8]

省政府秘书长赵建军参加调研。 绿色是江苏沿海地区发展的鲜明底色。在田湾核电站，刘小涛实地了解项目建设进展，要求始终把安全 放在首位，高质量高标准推进机组建设运行，加快探索核电综合利用、服务产业新路径，以更多清洁能 源供给助力地方发展。在盐城绿色低碳科创园、金风前沿技术研究院、磐动能源科技公司、丰海新能源 淡化海水发展公司、挪世航力船舶科技(盐城)公司，刘小涛看产品、问市场、谈趋势，与企业负责人深 入交流。他说，新质生产力本身就是绿色生产力，要立足资源禀赋、产业基础、科研条件，打造错位优 势、发展特色产业；要积极培育绿色技术、绿色产品，落地更多应用场景，加快形成可持续的生产生活 方式，在经济发展中促进绿色转型、在绿色转型中实现更大发展。 创新是引领发展的第一动力。在康缘药业（600557）公司、中复神鹰碳纤维公司，刘小涛询问企业技术 研发、产品应用等情况后说，要加强企业主导的产学研深度融合，全链条推进技术攻关、成果应用，认 真研究梳理并针对性加快国产替代，做强做优产业集群。在维信电子公司，刘小涛勉励企业加大新技术 新工艺研发力度，更好融入全球产业链，保持行业领先地位。在悦达起亚汽车公司第三工厂、中汽研汽 车试验 ...

Core Insights - China Nuclear Power (601985) reported a cumulative operational power generation of 184.364 billion kWh for the first three quarters of 2025, representing a year-on-year increase of 14.95% [1] - The company's grid-connected power generation reached 174.095 billion kWh, showing a year-on-year growth of 15.20% [1] Summary by Category - **Operational Performance** - Cumulative operational power generation: 184.364 billion kWh, up 14.95% year-on-year [1] - Grid-connected power generation: 174.095 billion kWh, up 15.20% year-on-year [1]

格隆汇10月12日丨中国核电(601985.SH)公告，根据中国核能电力股份有限公司(以下简称公司)统计，截 至2025年9月30日，公司核电控股在运机组26台，装机容量2,500.00万千瓦；控股在建及核准待建机组19 台，装机容量2,185.90万千瓦，核电装机容量合计4,685.90万千瓦。公司新能源控股在运装机容量 3,348.47万千瓦，包括风电1,049.13万千瓦、光伏2,299.34万千瓦，另控股独立储能电站165.10万千瓦； 控股在建装机容量738.78万千瓦，包括风电194.64万千瓦，光伏544.13万千瓦。 截至2025年9月30日，公司2025年前三季度累计商运发电量为1,843.64亿千瓦时，同比增长14.95%；上 网电量为1,740.95亿千瓦时，同比增长15.20%。 ...

Core Viewpoint - China Nuclear Power (601985.SH) announced its operational and construction capacity in nuclear and renewable energy sectors, highlighting significant growth in power generation and installed capacity [1] Nuclear Power Capacity - As of September 30, 2025, the company has 26 operational nuclear units with a total installed capacity of 25 million kilowatts [1] - There are 19 nuclear units under construction or approved for construction, with a combined capacity of 21.859 million kilowatts, leading to a total nuclear installed capacity of 46.859 million kilowatts [1] Renewable Energy Capacity - The company has an operational renewable energy capacity of 33.4847 million kilowatts, which includes 10.4913 million kilowatts from wind power and 22.9934 million kilowatts from solar power [1] - Additionally, the company has 1.651 million kilowatts from independent energy storage stations [1] - There are 7.3878 million kilowatts of renewable energy capacity under construction, comprising 1.9464 million kilowatts from wind power and 5.4413 million kilowatts from solar power [1] Power Generation Performance - For the first three quarters of 2025, the cumulative power generation reached 184.364 billion kilowatt-hours, representing a year-on-year increase of 14.95% [1] - The grid-connected power generation was 174.095 billion kilowatt-hours, showing a year-on-year growth of 15.20% [1]

截至2025年9月30日，公司2025年前三季度累计商运发电量为1843.64亿千瓦时，同比增长14.95%;上网 电量为1,740.95亿千瓦时，同比增长15.20%。 中国核电（601985）(601985.SH)发布公告，根据公司统计，截至2025年9月30日，公司核电控股在运机 组26台，装机容量2,500.00万千瓦;控股在建及核准待建机组19台，装机容量2,185.90万千瓦，核电装机 容量合计4,685.90万千瓦。公司新能源控股在运装机容量3,348.47万千瓦，包括风电1,049.13万千瓦、光 伏2,299.34万千瓦，另控股独立储能电站165.10万千瓦;控股在建装机容量738.78万千瓦，包括风电 194.64万千瓦，光伏544.13万千瓦。 ...

截至2025年9月30日，公司2025年前三季度累计商运发电量为1843.64亿千瓦时，同比增长14.95%;上网 电量为1,740.95亿千瓦时，同比增长15.20%。 智通财经APP讯，中国核电(601985.SH)发布公告，根据公司统计，截至2025年9月30日，公司核电控股 在运机组26台，装机容量2,500.00万千瓦;控股在建及核准待建机组19台，装机容量2,185.90万千瓦，核 电装机容量合计4,685.90万千瓦。公司新能源控股在运装机容量3,348.47万千瓦，包括风电1,049.13万千 瓦、光伏2,299.34万千瓦，另控股独立储能电站165.10万千瓦;控股在建装机容量738.78万千瓦，包括风 电194.64万千瓦，光伏544.13万千瓦。 ...