电力 2025 年 10 月 12 日 投资评级：看好（维持） 行业走势图 数据来源：聚源 -14% -7% 0% 7% 14% 22% 2024-10 2025-02 2025-06 电力 沪深300 相关研究报告 《原子能法颁布，山东泰开中标 BEST 装置 FDU 开关—行业周报》-2025.9.21 《中国聚变抢抓聚变发展机遇，Astrol 获脉冲电源订单 — 行 业 周 报 》 -2025.9.14 BEST 装置建设全面启动，核心部件招标有望提速 ——行业周报 | 周磊（分析师） | 黄懿轩（联系人） | | --- | --- | | zhoulei1@kysec.cn | huangyixuan1@kysec.cn | | 证书编号：S0790524090002 | 证书编号：S0790125070014 | 板块回顾：多数细分环节上涨，个股涨多跌少 本周（20251009-20251010）可控核聚变板块下，多数细分环节上涨，个股涨多 跌少。具体来看，哈焊华通（+29.6%）、合锻智能（+21.0%）、安泰科技（+21.0%） 涨幅居前；天沃科技（-5.1%）、赛晶科技（-4.9%）、纽威股 ...

Group 1 - The company has significant achievements in technological innovation and industrial incubation, with broad applications across three major business segments, and anticipates continued growth in superconducting materials and magnets over the next three to five years [3][4] - The company is a domestic leader in low-temperature superconducting wire production and has developed high-performance Bi and MgB2 high-temperature superconducting materials, achieving internationally advanced core technology [4][5] - The demand for titanium and high-temperature alloys is expected to grow steadily in sectors such as new aircraft, transport aircraft, engines, and naval vessels, with collaborations to support gas turbine research and development [3][5] Group 2 - The company has successfully commercialized low-temperature superconducting wire and is the only domestic enterprise capable of full-process production of superconducting materials, with significant market share [4][5] - The company is actively engaging in domestic major nuclear fusion projects and expects substantial growth in orders for superconducting products, particularly in semiconductor and medical applications [5][6] - The company is expanding its foreign trade business and diversifying applications of titanium and high-temperature alloy products in various sectors, with ongoing certification processes for international markets [6]

Group 1 - The successful plasma ignition of the HHMAX-901 fusion device marks a significant breakthrough in China's exploration of commercial nuclear fusion [1] - The "controlled nuclear fusion" industry is gaining traction in the capital market, with over 20 companies participating in discussions about the supply chain and technological collaboration [1][4] - Controlled nuclear fusion is considered the ultimate energy source due to its abundant fuel, safety, environmental cleanliness, high energy density, and economic advantages [2] Group 2 - China is leading in nuclear fusion research, with significant achievements in various national scientific devices and projects like CFETR [3] - The controlled nuclear fusion industry in China includes multiple segments such as materials, main engines, systems, and applications, benefiting from technological advancements and collaborative innovation [4] - Companies like China Nuclear Power and Xibu Superconductor are playing crucial roles in the development and supply of materials and components for nuclear fusion projects [4][5] Group 3 - The focus on commercializing nuclear fusion technology requires overcoming challenges related to material costs and technological breakthroughs [5] - There is a strong emphasis on the need for financial support from the capital market and local governments to facilitate the expansion of production capacity and technological validation [5]

点击 最 下方 " 推荐"、"赞 "及" 分享 "，"关注"材料汇 添加 小编微信 ，遇见 志同道合 的你 正文 更多可控核聚变报告参考文末 超导材料具有零电阻、完全抗磁性等宏观量子现象，在电力能源、医疗装备、交通运输、量子信息计算、国防工业以及科学研究等方面有着重要的应用价值和未来 前景。 由于核聚变需要超高的磁场对等离子体进行约束，因此需要大电流的产生，这就需要用到超导材料。目前，全球低温超导材料占比超导材料超9成，高温超 导当前受限于技术，整体市场应用占比较小，但随着超导线缆、可控核聚变等持续发展应用，预计高温超导材料的市场份额将会逐步扩大。在试验堆ITER中，磁体 部分所占成本高达28%，超导磁体为托卡马克装置的关键组成部分。 超导材料具有独特的 绝对零电阻、完全抗磁性、磁通量子化 等物理特性，这使得它们几乎在所有可以用到电和磁的方面都有用武之地。 超导材料的应用可分为强 电应用、弱电应用以及量子应用；也可分为高温超导和低温超导应用。其中，相比一代高温超导，ReBCO带材有望大幅降低生产成本，有着广阔的商业前景，在 16T@4.2K以上超导磁体系统研制中发展潜力巨大。 超导材料应用广泛，前景广阔。 按 ...