CITIC Securities: Highly optimistic about the nuclear power and fusion industry chain.

Citic Securities research report indicates that the third generation nuclear power industry is benefiting from factors such as the improvement of independent controllable capabilities, continuous breakthroughs in derivative fields, expectations for overseas markets, and project construction cycles. Companies within the sector are expected to see high certainty of growth in their performance. At the same time, positive policy signals in the controllable nuclear fusion industry, increased financing scale, accelerated construction of facilities, and significant technological advancements have further clarified the industry's growth potential. We have a strong positive outlook on the nuclear power and fusion industry chains, and maintain a firm recommendation for investment.