Core Viewpoint - Shanghai Electric (02727) experienced a significant stock increase, rising over 9% at one point and closing up 5.08% at HKD 4.76, with a trading volume of HKD 261 million [1] Group 1: Technological Advancements - The 2-megawatt liquid fuel thorium-based molten salt experimental reactor, led by the Shanghai Institute of Applied Physics under the Chinese Academy of Sciences, has successfully achieved thorium-uranium fuel conversion [1] - This reactor is the first in the world to obtain operational experimental data for thorium in a molten salt reactor, proving the technical feasibility of utilizing thorium resources in molten salt reactor nuclear energy systems [1] Group 2: Company Positioning - Shanghai Electric's annual report highlights the company's core competitiveness in energy equipment, including its involvement in thorium-based molten salt reactors and high-temperature gas-cooled reactors, covering all existing nuclear power technology routes in China [1] - The company maintains the highest market share in the domestic nuclear island main equipment sector, reinforcing its leading position in the industry [1]