格隆汇10月15日丨东方精工(002611.SZ)在投资者互动平台表示，航天新力专注于高端金属材料研发、 铸锻件制造及核能、航天、航空等领域的配套产品生产。其核心竞争力主要为在核电部件制造领域，是 国内最早取得核电制造许可证的企业之一，其产品用于国内所有已建及在建核电项目。根据航天新力官 方披露信息，航天新力是国际热核聚变实验堆（ITER项目）三大核心系统的关键设备供应商，同时也 是全球唯一通过ITER组织认证的磁体支撑系统供应商，在核聚变领域具备深厚的技术积累和工程经 验。自2013年以来航天新力先后完成了ITER项目磁体支撑、包层屏蔽模块等核心部件的生产研制。 2023年起航天新力开始参与BEST项目部分产品预研工作，2024年获得BEST项目磁体支撑的全部订单。 2025年9月27日，由贵州航天新力科技有限公司承制的BEST项目磁体支撑产品成功发运。 ...

Investment Rating - The investment rating for the electric equipment and new energy industry is "Outperform the Market" (maintained) [1]. Core Insights - On July 22, China Fusion Energy Co., Ltd. was established with a total investment of 11.5 billion RMB from various stakeholders, marking a significant step in advancing fusion energy technology in China [2]. - The company will focus on overall design, technology verification, and digital R&D, aiming to build a technology research platform and a capital operation platform [2]. - The capital injection will be used for the construction of the technology research platform and integration of the industrial chain [2]. Company Summaries - **Jinbei Electric**: A leader in ultra-high voltage electromagnetic wire, with products used in nuclear fission projects. The company has developed a fourth-generation ultra-high temperature electromagnetic wire, ending reliance on imports in this field [2]. - **Guangda Special Materials**: A top domestic enterprise in special steel materials and wind power castings, with a strong technical foundation. The company supplies materials for superconducting coil armor and has successfully delivered low-activation martensitic steel [2]. - **Xuji Electric**: A leading enterprise in ultra-high voltage converter valves, with deep expertise in power electronics technology. The company has capabilities in new magnetic field power supply projects for magnetic confinement fusion [2]. - **Dongfang Electric**: A major energy equipment R&D and manufacturing group in China, successfully developing the first batch of blanket shielding modules for the International Thermonuclear Experimental Reactor (ITER) [2]. - **Shanghai Electric**: The largest comprehensive equipment manufacturing group in China, with a complete nuclear energy equipment manufacturing industry chain covering various nuclear power technologies [3]. Financial Forecasts - **Jinbei Electric**: Market capitalization of 7.6 billion RMB, with projected net profits of 570 million RMB in 2024, increasing to 770 million RMB by 2026 [5]. - **Guangda Special Materials**: Market capitalization of 6.6 billion RMB, with projected net profits of 110 million RMB in 2024, increasing to 410 million RMB by 2026 [5]. - **Xuji Electric**: Market capitalization of 25.3 billion RMB, with projected net profits of 1.12 billion RMB in 2024, increasing to 1.88 billion RMB by 2026 [5]. - **Dongfang Electric**: Market capitalization of 73.2 billion RMB, with projected net profits of 2.92 billion RMB in 2024, increasing to 5.52 billion RMB by 2026 [5].