Core Viewpoint - Baose Co., Ltd. focuses on the research, design, manufacturing, and sales of special materials non-standard pressure vessel equipment, primarily involving titanium, zirconium, nickel, and high-grade stainless steel, with applications across various industries [1] Company Overview - The company specializes in non-standard pressure vessel equipment made from special materials, including heat exchangers, towers, reactors, and pipeline fittings [1] - Its products are widely used in chemical, energy, metallurgy, electric power, environmental protection, shipbuilding, and marine engineering sectors [1] Industry Context - The company is positioned as a professional supplier in the domestic special materials non-standard equipment manufacturing field [1] - With the ongoing transformation of the national energy industry and the deepening of the "dual carbon" strategy, the company aims to expand into new business areas [1] - The continuous expansion of downstream application fields for special materials non-standard pressure vessel equipment is expected to drive the company's growth towards new productive forces [1]

Core Viewpoint - Baose Co., Ltd. clarifies that it is not involved in the 2MWt liquid fuel thorium molten salt experimental reactor (TMSR-LF1) project, which has been the subject of recent media reports [1][2] Group 1: Company Clarification - Baose Co., Ltd. issued a clarification announcement on November 4, stating that it has no involvement in the TMSR-LF1 project, despite media speculation [1] - The company confirmed that it only undertook a contract for the main container equipment of the TMSR-SF0 project, which was delivered in 2018 for a total amount of 2.5585 million yuan [2] - The stock price of Baose Co., Ltd. surged over 30% in two consecutive trading days, attributed to its classification as a thorium molten salt concept stock [1][2] Group 2: Industry Context - The recent surge in thorium molten salt concept stocks is driven by the successful completion of thorium-uranium fuel conversion by the Chinese Academy of Sciences, marking a significant milestone in the field [2] - The director of the Shanghai Institute of Applied Physics stated the goal of establishing a 100-megawatt thorium molten salt reactor demonstration project by 2035, aiming to accelerate technological upgrades and engineering applications [3] - Baose Co., Ltd. aims to align its future development with national industrial policies and market trends, focusing on domestic and foreign markets, as well as marine engineering equipment [3]