6-board Hongxun Technology (603015.SH): Currently, it is still a long way from commercial application of controlled nuclear fusion

Zhitong Finance App News, Hongxun Technology (603015.SH) issued an announcement. The cumulative deviation value of the closing price increase of the company's stock exceeded 20% for two consecutive trading days on November 22 and November 25, 2024. As of November 26, 2024, the company's stock rose and stopped again. It has been rising and falling for 6 consecutive trading days, with a significant cumulative increase.

The company is concerned that the concept of controlled nuclear fusion has recently received a lot of attention from the market. The company's subsidiary, Italian EEI, does not directly produce and develop complete nuclear fusion devices. It provides a complete HDPS series power supply solution with high dynamic characteristics for nuclear fusion devices, and is a component part of nuclear fusion devices. This type of solution is a customized solution. Its business model is project bidding, the delivery cycle is long, and the order amount accounts for a low proportion of the total project investment amount. In 2024, this type of business revenue is expected to account for about 2% of the company's main business revenue, and the impact on the company's short-term performance is limited.

Most of the global controlled nuclear fusion projects are currently in the experimental stage. The aim is to verify the scientific and technological viability of nuclear fusion energy and ultimately achieve sustainable and clean energy production. Currently, there is still a long way to go until the commercial application of controlled nuclear fusion, and there is great uncertainty about the sustainability of EEI's participation in this type of project to obtain orders.