Guotai Haitong: Nuclear reactor approvals remain normalized; focus on mid- and upstream segments of the industrial chain.

China's installed nuclear power capacity is expected to surpass that of the United States by 2030, making it the world's largest, with companies across the upstream and downstream segments of the industrial chain poised to benefit continuously.

Zhitong FinanceAug 4 14:50

Guoguang Electric (688776.SH): Tianyi Venture Capital has cumulatively reduced its stake in the company by 1.22%.

Gelonghui, July 21 — Guoguang Electric (SHA: 688776) announced that on July 20, 2026, the company received a “Notice Regarding Completion of Share Reduction” from Tianyi Venture Capital. Between July 10, 2026, and July 20, 2026, Tianyi Venture Capital cumulatively reduced its holdings of the company’s shares by 1.3238 million shares, representing 1.22% of the company’s total share capital, through a combination of centralized bidding transactions and block trades. This share reduction plan has now been fully implemented.

Gelonghui FinanceJul 21 18:18

Guoguang Electric (688776.SH): The solid-state component of its microwave devices involves the fields of semiconductors and integrated circuits.

Gelonghui, July 7 — Guoguang Electric (688776.SH) stated on an investor interaction platform that the company's core business comprises three segments: microwave devices, nuclear industry and specialized equipment, and other civilian products. The solid-state device segment within microwave devices involves semiconductors and integrated circuits. For specific product information, please refer to the relevant disclosures in the company's periodic reports.

Gelonghui FinanceJul 7 15:37

Guoguang Electric (688776.SH): Has successfully supplied specialized components and equipment for domestic renowned nuclear fusion scientific devices such as 'EAST' and the 'HL' series.

Gelonghui, July 7 — Guoguang Electric (688776.SH) stated on an investor interaction platform that the company's performance in 2025 is facing short-term pressure, primarily due to multiple factors: delays in the ITER project and domestic major scientific research facility construction have constrained its nuclear industrial equipment business, causing related procurement orders to be deferred; in its microwave components business, certain project milestones set by key customer units have not been met as scheduled, resulting in delayed order placements; additionally, exceptional events have led to a reduction in customer order volumes during the reporting period, causing a decline in revenue. This was further compounded by price reductions on certain products, ultimately leading to a decrease in revenue scale and net profit for the period.

Gelonghui FinanceJul 7 15:36

An 'invisible track' in fusion diagnostics is emerging: demand for a single device can reach hundreds of millions of yuan, shaping a multi-billion-yuan blue ocean market.

① The total investment in a single fusion facility exceeds RMB 3 billion, with the diagnostic system accounting for approximately 10%, translating to several hundred million RMB in core hardware demand per facility and signaling the rapid emergence of a multi-billion-RMB market opportunity; ② Domestically, the commercialization of fusion plasma diagnostics is accelerating, with a cohort of high-quality local enterprises rapidly rising and an initial industrial tier taking shape.

cls.cnJun 8 16:27

Guoguang Electric (688776.SH): Has not yet participated in the research and development of microwave wireless power transmission technology under the 'Zhuri Project' or related industrial planning.

Gelonghui, June 4 — Guoguang Electric (SHA: 688776) stated on an investor interaction platform that, as of now, the company has not participated in the research and development or related industrial deployment of microwave wireless power transmission technology under the 'Zhuri Project.'

Gelonghui FinanceJun 4 15:32