Group 1: Investor Activity - Anhui Wenergy Co., Ltd. recently conducted investor relations activities, attracting 23 institutional investors including Southern Fund and Dongfang Securities [1] - The event took place at the key system research facility for fusion reactors in Hefei, Anhui Province [1] Group 2: BEST Project Progress - The BEST project features a vacuum chamber designed to generate fusion reactions and release energy, with a goal of achieving an energy gain factor Q of 1-5 [2] - The project will also conduct deuterium-deuterium experiments after construction and debugging [2] Group 3: Operational Insights - The company clarified that independent energy storage stations are not yet participating in the frequency modulation market, which is expected to mature by 2025 [3] - Subsidies for independent energy storage projects are set at 0.2 yuan per kilowatt-hour for certain months in 2025 and 0.1 yuan per kilowatt-hour for specified months in 2026 and 2027 [3] - A 300MW wind power project is expected to be operational in 2026, while there are no plans for new coal power units, although some joint ventures are anticipated to commence operations next year [3] Group 4: 2026 Incremental Planning - The company plans to launch approximately 2GW of wind power projects and 0.8GW of solar power projects by 2026, with the solar project aiming for initial connection by the end of 2025 [4] - Joint ventures in coal power, specifically Huabei Juyuan Power and Zhongmei Xinjian Li'an Power Plant, are expected to be operational in the first half of 2026 [4]