Core Insights - The company has developed a series of innovative technologies in the fields of nuclear island cooling and nuclear energy heating, serving various domestic nuclear power plants [1] Group 1: Technological Developments - The company’s subsidiary, Ice Wheel Heat Exchange Technology, has successfully supplied the world's first commercial fourth-generation high-temperature gas-cooled reactor with a passive cooling system [1] - The company is the only domestic manufacturer with comprehensive product offerings applied in all areas of nuclear islands, having recently won a bid for a cooling machine project for floating small nuclear reactors [1] Group 2: Collaborations and Applications - Huayuan Taimeng has collaborated with Tsinghua University to develop a technology for simultaneous production and long-distance heating using nuclear energy, which has been applied in the "Warm Nuclear No. 1" project [1]

Financial Performance - The company achieved a revenue of 1.72 billion CNY in Q3 2025, representing a year-on-year growth of 6.88% [5] - The net profit attributable to shareholders for Q3 2025 was 160 million CNY, up 13.54% year-on-year [5] - For the first three quarters of 2025, the total revenue was 4.83 billion CNY, a decline of 2.45% compared to the previous year, with a net profit of 428 million CNY, down 9.68% [5] Business Overview - The company focuses on providing advanced system solutions and lifecycle services in the energy and power sectors, with key products including compressors and heat exchangers [5] - The temperature management solutions cover a range from -271°C to 200°C, featuring products like screw compressors, centrifugal compressors, and industrial heat pumps [5] - The company has developed a full range of magnetic levitation compressor products, showcasing significant technological advantages and market performance [5] Industry Applications - The company's products are widely used in various sectors, including food processing, cold chain logistics, industrial cooling systems, and commercial air conditioning [6] - Specific applications include data centers, nuclear power plants, and energy recovery systems, highlighting the versatility of the company's offerings [6] Data Center Solutions - The company’s subsidiary, Dunham Bush, provides cooling equipment for data centers, including variable frequency centrifugal chillers and integrated natural cooling systems [7] - Successful projects include major data centers for national supercomputing and telecommunications companies, with ongoing high market demand [7] Nuclear Power Sector - The company is actively involved in the nuclear power industry, focusing on core scenarios such as nuclear island cooling and heat recovery [8] - Recent projects include innovative technologies for nuclear power plants, contributing to safe and efficient energy utilization [9] Technological Innovations - The company has developed a no-power cooling system for the nuclear island, supporting the first commercial high-temperature gas-cooled reactor [9] - Collaborations with Tsinghua University have led to advancements in nuclear energy applications, including seawater desalination and long-distance heating [9]

Core Insights - The company, Ice Wheel Environment, announced on August 21 that the national nuclear power construction has accelerated, indicating a positive trend in the industry [1] - The company focuses on core scenarios such as nuclear island cooling and nuclear energy heating, developing innovative technologies to support the safe and efficient operation of nuclear power plants [1] Company Developments - Ice Wheel Environment has developed a series of technologies including nuclear island cooling, waste heat recovery, and non-powered air coolers for safety shells, which provide solid technical support for the efficient use of clean energy [1] - The company has served multiple nuclear power stations in China, including Hongyanhe, Ningde, Yangjiang, and others, showcasing its extensive involvement in the domestic nuclear power sector [1] Technological Innovations - The company's heat exchange technology subsidiary has innovated a non-powered air cooler for the safety shell's cooling water system, supplying the world's first commercial fourth-generation high-temperature gas-cooled reactor [1] - The subsidiary, Dunhan Bush, is a global service provider for nuclear island refrigeration, with over 20 years of experience and significant contributions to national standards in nuclear air and gas treatment [1] Collaborative Efforts - The company’s subsidiary, Huayuan Taimeng, has collaborated with Tsinghua University to develop technologies for water-thermal co-production and long-distance heating using nuclear energy, which have been applied in the "Warm Nuclear No. 1" project [1] - The project has been recognized by national media, highlighting its significance as China's first cross-city nuclear energy heating project [1]

Group 1: Company Overview and Business Segments - The company focuses on providing advanced system solutions and lifecycle services in the energy and power sectors, with products including compressors and heat exchangers, covering a temperature range of -271°C to 200°C [2] - The product matrix includes various types of compressors and heat management systems, showcasing significant technical advantages and market performance, particularly in the Beijing Winter Olympic Village project [2] - Key customer industries include food freezing and refrigeration, chemical production, commercial air conditioning, and industrial special air conditioning [2] Group 2: Innovations in Nuclear Fusion and Low-Temperature Applications - The company developed a helium compressor for superconducting magnets used in nuclear fusion, filling a domestic gap and supplying to major national research projects [2] - The helium compressor is part of a large low-temperature refrigeration system capable of achieving near absolute zero temperatures (-273.15°C) [2] - The company’s helium compressors are recognized as significant technological equipment in the energy sector by the National Energy Administration [2] Group 3: Data Center Solutions - The company provides cooling equipment for data centers, including variable frequency centrifugal chillers and integrated natural cooling systems, which have been recognized in the national green data center technology product directory [3] - Successful projects include major data centers for national supercomputing and telecommunications companies, with ongoing expansion in overseas markets [3] Group 4: Nuclear Power Industry Products - The company focuses on core scenarios in nuclear power, developing innovative technologies for nuclear island cooling and heat recovery [4] - It has provided services to multiple nuclear power stations across China, enhancing safety and efficiency in energy utilization [4] Group 5: Industrial Heat Management Solutions - The company has launched comprehensive industrial heat control solutions, integrating advanced technologies for efficient energy recovery and utilization [6] - Key subsidiary recognized as a national-level "little giant" enterprise, holding numerous patents and awards for its innovative heat management technologies [6] Group 6: Marine Economy and Green Energy Solutions - The company is committed to high-quality development in the marine economy, providing smart solutions for fishing and seafood processing industries [7] - Recent projects include providing ultra-low temperature laboratory equipment for China's first ultra-deepwater scientific research vessel [7] Group 7: Competitive Advantages - The company’s competitive edge lies in continuous technological innovation, with multiple national-level recognitions and a strong focus on research and development [7] - It has established a central research institute to enhance foundational and strategic technology development, further solidifying its industry leadership [7]