CITIC Securities: We recommend paying attention to material enterprises such as nuclear power island equipment, valves, special materials, and main pumps.

CITIC Securities pointed out that the demand for AI has triggered a comprehensive revival of the global nuclear power industry. Domestic nuclear power has entered a period of normalized approval and construction peak. Advanced reactors are the high-growth direction for nuclear power. Small reactors are expected to become one of the optimal solutions for supplying energy to data centers and for offshore power export, bringing about a revaluation of the nuclear power sector. It is recommended to focus on nuclear island equipment, valves, special materials, main pumps, and other materials companies in terms of investment direction.