Company Overview - The company was established in 2002 and became part of the Xizi Elevator Group in 2002, listed on the Shenzhen Stock Exchange in 2011, and renamed Xizi Clean Energy Equipment Manufacturing Co., Ltd. in 2022 [2][3] - The main business includes waste heat boilers, clean energy power generation equipment, and overall solutions for energy utilization [2][3] Business Segments - The company operates in four main business areas: - Waste heat boilers (including gas turbine waste heat boilers, dry quenching waste heat boilers, etc.) - Clean energy equipment (including waste incineration boilers, biomass boilers, etc.) - Solutions (including molten salt energy storage and heat exchangers) - Spare parts and services [2][3] Future Market Directions - Focus on overseas markets to increase international market share and expand OEM opportunities [4] - Target the renewable energy market, leveraging molten salt storage technology for various applications [4] - Explore spare parts and retrofit markets in response to national policies on equipment upgrades [4] Nuclear Power Development - Over 20 years of experience in the nuclear power sector with licenses for civil nuclear manufacturing [5] - Active participation in supplying equipment for nuclear power plants and collaboration with institutions for advanced nuclear applications [5][6] Flexibility in Thermal Power Market - The company is involved in a significant project for flexible peak-shaving technology using molten salt storage, with operational metrics indicating a load reduction capability of 100 MW and peak output increase of 47 MW [8][10] - The project is the first of its kind in the country, enhancing frequency modulation capabilities by 1.5 times [10] Order Situation - In the first half of 2025, the company secured new orders totaling CNY 2.784 billion, with specific contributions from various segments: - Waste heat boilers: CNY 703 million - Clean energy equipment: CNY 281 million - Solutions: CNY 1.477 billion - Spare parts and services: CNY 323 million [11][12] Data Center Market - The company is exploring opportunities in the data center sector, focusing on energy management solutions and waste heat recovery [13] International Expansion - The company is targeting Southeast Asia, South America, and regions along the Belt and Road Initiative for overseas market expansion [14] - Increased recognition of domestic brands in international markets is contributing to growth in overseas sales [14]

Core Viewpoint - The article discusses the emerging competition in the nuclear energy sector, particularly focusing on investments in nuclear fusion technology by major players in Silicon Valley and Chinese state-owned enterprises, indicating a significant shift towards nuclear energy as a solution to future energy demands driven by climate change and AI growth [4][13]. Investment Trends - Nvidia's venture capital arm NVentures invested $650 million in TerraPower, a nuclear technology company founded by Bill Gates, alongside other investors like HD Hyundai and Gates himself [4][6]. - China National Petroleum Corporation (CNPC) announced a capital increase of 3.275 billion yuan for Kunlun Capital to invest in controlled nuclear fusion projects, specifically targeting the China Fusion Energy Company [4][16]. Technological Developments - TerraPower is focusing on the Natrium reactor technology, which utilizes liquid sodium as a coolant and aims to complement renewable energy sources [6][8]. - The U.S. Department of Energy has provided $2 billion in funding to TerraPower, supporting its development of the Natrium reactor [7]. Market Dynamics - The number of nuclear fusion companies has surged, with 43 companies globally by the end of 2023, over half of which are based in the U.S. [12]. - Major investments in nuclear energy are being made by various tech leaders, including Google and Amazon, indicating a consensus among Silicon Valley investors on the importance of nuclear energy [11]. Future Outlook - TerraPower plans to build its first small modular reactor in Wyoming, aiming for commercial operation by fall 2030, with plans for further expansion [8]. - The article highlights the increasing urgency for nuclear energy as AI and other sectors drive up electricity demand, with predictions of a 25% increase in U.S. electricity demand from 2023 to 2030 [14]. Competitive Landscape - China is rapidly advancing in nuclear fusion technology, with significant investments from state-owned enterprises and private companies, indicating a dual approach to development [16][18]. - The article emphasizes the competitive nature of nuclear fusion development between the U.S. and China, suggesting that if the U.S. does not lead, China will take the initiative [15][18].

Core Viewpoint - The article highlights the upcoming 2025 TrendBank Long-duration Energy Storage Industry Conference, emphasizing its significance in the energy sector and the focus on long-duration storage technologies [2][12][25]. Group 1: Conference Details - The conference will take place on July 2-3, 2025, at the Yinchuan Lida Deep Hang International Hotel, with an expected attendance of over 300 participants [12][22]. - The event is organized by TrendBank in collaboration with Shanghai Electric Energy Storage Technology Co., and is supported by various governmental and industrial organizations [13][12]. - The conference will feature keynote speeches, technical sessions, and a roundtable discussion on the integration of hydrogen and energy storage industries [18][19][21]. Group 2: Keynote Speakers and Topics - Notable speakers include Chen Hui, Project Director of Material Industry Group (Zhejiang) Energy Technology Co., who will present on "Multi-energy Coupling Smart Low-carbon Supply Technology Based on Molten Salt Energy Storage" [5][19]. - The agenda includes discussions on key technologies in compressed air, molten salt, and hydrogen storage systems, as well as the commercial challenges of hydrogen energy applications [19][21]. Group 3: Industry Context - The Su-Yin Industrial Park, where the conference is held, aims to develop a cluster of new energy industries, focusing on lithium-ion, sodium-ion, and flow battery production, as well as photovoltaic technology [15][16]. - The park is part of a broader initiative to enhance regional cooperation and development between Ningxia and Suzhou, promoting sustainable energy solutions [15][16]. Group 4: Registration and Participation - The conference is open to all industry participants free of charge, with a requirement for registration through the official app [22][24]. - Attendees will have access to conference materials and presentations, enhancing knowledge sharing within the energy storage sector [22][24].

Core Viewpoint - The article highlights the upcoming 2025 TrendBank (Shiyin) Long-term Energy Storage Industry Conference, emphasizing its significance in the energy storage sector and the participation of key industry players [2][14]. Conference Details - The conference will take place on July 2-3, 2025, at the Yinchuan Lida Deep Hang International Hotel, with an expected attendance of over 300 participants [14]. - The event is organized by TrendBank in collaboration with Shanghai Electric Energy Storage Technology Co., Ltd., and is supported by various governmental and industrial organizations [15][14]. Agenda Highlights - The agenda includes a series of keynote speeches, technical presentations, and roundtable discussions focused on long-term energy storage technologies, including compressed air and liquid flow batteries [16][22]. - Notable speakers include industry experts such as Wu Shifang from Shanghai Electric, who will discuss key technologies in compressed air energy storage [5][10]. Industry Collaboration - The conference aims to foster collaboration among industry stakeholders, including the release of the "2025 TrendBank Long-term Energy Storage Industry Development Blue Book" in partnership with the Hangzhou Energy Storage Industry Association [3][15]. - The event will also feature discussions on the strategic development of the Su-Yin Industrial Park, which focuses on renewable energy and advanced manufacturing [17][18]. Registration Information - Registration for the conference is free, encouraging broad participation from the industry [25]. - Attendees must register using their personal mobile numbers to ensure proper check-in and access to conference materials [25].

Company Overview - The company was established in 2002 and became part of the Xizi Elevator Group, listed on the Shenzhen Stock Exchange in 2011, and renamed Xizi Clean Energy Equipment Manufacturing Co., Ltd. in 2022 [2][3] - Main business includes waste heat boilers, clean energy power generation equipment, and overall solutions for energy utilization [2][3] Business Segments - The company operates in four main segments: - Waste heat boilers (e.g., gas turbine waste heat boilers, dry quenching waste heat boilers) - Clean energy equipment (e.g., waste incineration boilers, biomass boilers) - Solutions (e.g., molten salt energy storage, heat exchangers) - Spare parts and services [2][3] Order Situation - In Q1 2025, the company secured new orders totaling CNY 1.57 billion, with breakdowns as follows: - Waste heat boilers: CNY 491 million - Clean energy equipment: CNY 105 million - Solutions: CNY 844 million - Spare parts and services: CNY 130 million - As of March 31, 2025, the total orders on hand amounted to CNY 6.527 billion [4] Key Projects - The company participated in the first "steam extraction energy storage" molten salt thermal storage project in China, which began operations on December 28, 2024. Key performance indicators include: - Load reduction capability down to 51 MW (8.5% of Pe) for at least 4 hours - Peak load increase of 47 MW for at least 6 hours - Internal heat exchange efficiency of no less than 98% and electrical conversion efficiency of no less than 70% [5][6] Financial Performance - In 2024, the company reported a net profit of CNY 440 million, a year-on-year increase of 705.74% - In Q1 2025, the company achieved revenue of CNY 1.213 billion, a 5.32% increase year-on-year, and a net profit of CNY 47 million, up 217.11% [8] Strategic Development Directions - Future strategies focus on: - Expanding into overseas markets, particularly in Southeast Asia, South America, and Africa - Developing the renewable energy market, leveraging molten salt storage technology - Targeting the spare parts and retrofitting market in response to national policies on equipment upgrades [9][10] Stock Buyback Progress - As of April 30, 2025, the company repurchased 3,267,300 shares, accounting for 0.44% of the total share capital, with a total transaction amount of CNY 39,955,177.20 [12]