Core Viewpoint - SaiJing Technology (00580) experienced a nearly 10% increase in stock price, closing at 2 HKD with a trading volume of 15.57 million HKD, driven by significant developments in the nuclear fusion sector [1] Group 1: Company Developments - The BEST project, a compact fusion energy experimental device, has received its first batch of toroidal field (TF) coil boxes and magnetic gravity support components, marking another important delivery following the installation of the dewar base on October 1 [1] - Astrol, a subsidiary of SaiJing Technology in Switzerland, announced a collaboration with an innovative company in the nuclear fusion field to utilize Astrol's power switch solutions for controlling currents in advanced fusion systems [1] - Astrol has provided pulse power switch products and solutions for over 80 projects, including collaborations with TriAlpha Energy in 2017 and another controllable fusion project in 2022, highlighting its leading technology in the nuclear fusion power electronics sector [1] Group 2: Industry Insights - Western Securities (002673) emphasized the ongoing planning and construction of representative devices like BEST, indicating a continuous development in the nuclear fusion industry and the importance of investment opportunities in this sector [1]

值得注意的是，9月8日，赛晶科技瑞士子公司Astrol宣布与核聚变领域的一家创新企业展开合作，该企 业将采用Astrol的功率开关解决方案，用于控制尖端核聚变系统中的电流。Astrol致力于为核聚变反应堆 设计并制造匹配各类核聚变技术路径的电力电子设备。公司已经累计为高能粒子研究、脉冲实验室等超 过80个项目提供脉冲功率开关产品和方案，其中包括了TriAlpha Energy(2017年)以及另一个2022年可控 核聚变领域的项目。此次新增订单再次显示Astrol在核聚变电力电子领域的领先技术。 消息面上，近日，紧凑型聚变能实验装置——BEST项目迎来首批环向场（TF）线圈盒、首批磁体重力 支撑组件的集中交付，这也是继上10月1日BEST杜瓦底座安装落位后再次迎来重要部件交付。西部证券 指出，BEST等代表性装置处于规划/在建状态，招标接续推出，核聚变产业接续发展，板块投资机会值 得重视。 智通财经APP获悉，赛晶科技(00580)尾盘涨近10%，截至发稿，涨8.7%，报2港元，成交额1557.27万港 元。 ...

消息面上，核聚变赛道迎来新消息。10月1日，位于安徽合肥的紧凑型聚变能实验装置BEST(紧凑型聚 变能实验装置)项目建设取得关键突破。BEST装置主机关键部件——杜瓦底座研制成功并顺利完成交 付，成功精准落位安装在BEST装置主机大厅内，标志着项目主体工程建设步入新阶段。民生证券指 出，建议关注IGBT开关赛晶科技等。公开资料显示，赛晶科技在脉冲功率领域展现出独特的技术优 势。凭借25年的专业积累，公司已成为可控核聚变等领域的重要技术供应商，为全球80多个项目提供了 定制化解决方案，包括多个国际知名的核聚变研究项目。 中泰国际指出，"十五五"期间的特高压项目以柔性输电技术为主，赛晶为国产输配电元器件龙头供应 商，在手订单充足，相关收入稳步增长；输配电元器件国产化率提升有利于支撑毛利率；同时受益于国 产功率半导体渗透提升。自研IGBT芯片业务收入爆发式增长。此前9月8日，公司瑞士子公司 AstrolElectronic AG(Astrol)宣布与核聚变领域的一家创新企业展开合作，该企业将采用Astrol的功率开关 解决方案，用于控制尖端核聚变系统中的电流。 赛晶科技(00580)涨超8%，截至发稿，涨8.47% ...

Core Insights - The stock of SaiJing Technology (00580) has increased by over 8%, reaching HKD 2.05 with a trading volume of HKD 25.81 million, driven by positive developments in the nuclear fusion sector [1] Group 1: Company Developments - The BEST (Compact Fusion Energy Experimental Device) project in Hefei, Anhui, has achieved a significant breakthrough with the successful development and delivery of the Dewar base, marking a new phase in the project's main engineering construction [1] - SaiJing Technology has established itself as a key technology supplier in the controlled nuclear fusion field, providing customized solutions for over 80 global projects, including several internationally recognized nuclear fusion research initiatives [1] Group 2: Industry Trends - The "14th Five-Year Plan" period focuses on ultra-high voltage projects primarily utilizing flexible transmission technology, with SaiJing positioned as a leading supplier of domestic power distribution components [2] - The increase in domestic power semiconductor penetration is expected to support the gross margin, alongside a significant growth in revenue from self-developed IGBT chip business [2] - A recent collaboration between SaiJing's Swiss subsidiary, Astrol Electronic AG, and an innovative company in the nuclear fusion sector aims to utilize Astrol's power switch solutions for controlling currents in advanced nuclear fusion systems [2]