Jingye Intelligent Increases Capital to Take Controlling Stake in Hefei Zhenggeng, Extending into High-End Equipment Materials for Nuclear Fusion

Jingye Intelligent recently disclosed that it has completed a capital increase to take a controlling stake in Hefei Zhenggeng Technology Co., Ltd. (hereinafter referred to as "Hefei Zhenggeng"). On August 8, Jingye Intelligent, Hefei Zhenggeng, and the Chaohu Municipal People's Government signed a strategic cooperation framework agreement, under which the three parties will cooperate on high-end equipment industry chain synergy, technological innovation, and industrial project implementation.

Public information shows that Hefei Zhenggeng focuses on high-performance alloy materials and precision components, with main products including nickel-based alloy parts for high-temperature and new energy equipment, special materials and components for nuclear power and nuclear fusion equipment, as well as precision cobalt-chromium-molybdenum alloy products, with applications covering high-end nuclear industry equipment, energy industry, and healthcare.

Jingye Intelligent has long focused on special robots and intelligent equipment for the nuclear industry, with its business covering nuclear fuel cycle segments such as spent fuel reprocessing and nuclear fuel element manufacturing, while expanding into intelligent nuclear power operation and maintenance and other nuclear energy application scenarios. In recent years, while consolidating its nuclear industry-related business, the company has extended its technology and product capabilities into frontier nuclear energy directions such as controlled nuclear fusion.

According to the company's previous disclosures, Jingye Intelligent has listed fusion and advanced small modular reactors (SMRs) as important strategic directions, carrying out R&D of robotic products and intelligent equipment systems around fusion reactor remote handling and maintenance, automated testing and analysis of special materials, and fusion fuel production. In its 2025 annual report, the company proposed nuclear fusion as one of its key business development directions for 2026, focusing on advancing technology and product layout in fusion device maintenance robots, intelligent inspection systems, intelligent master control systems, and raw material production and processing.

This capital increase to take a controlling stake in Hefei Zhenggeng will further strengthen Jingye Intelligent's capabilities in high-performance alloys, special materials for nuclear fusion, and precision components across the industry chain. After the combination of the two businesses, Jingye Intelligent's accumulation in nuclear industry special robots, intelligent equipment, and automation systems will synergize with Hefei Zhenggeng's capabilities in high-performance alloy materials and precision components, driving the company's nuclear fusion-related layout to extend from the equipment end to upstream key material segments.

On the same day, Jingye Intelligent hosted an industry exchange salon on high-end equipment materials for controlled nuclear fusion. Experts from research institutions including the Institute of Plasma Physics of the Chinese Academy of Sciences and the Institute of Materials Research of the China Academy of Engineering Physics, as well as industry chain enterprises, exchanged views on topics such as progress in magnetic confinement nuclear fusion research, challenges of tritium-related materials, and industrialization of high-end fusion equipment.

As China's controlled nuclear fusion research devices and related engineering projects continue to advance, the industry chain's focus is gradually shifting from scientific validation to key materials, core equipment, and engineering capability building. Certain key segments of fusion devices operate in high-temperature, irradiation, and tritium-containing environments, imposing higher requirements on material performance, precision manufacturing, and equipment reliability, while also driving accelerated synergy across high-performance alloys, special components, robots, and intelligent equipment. Following the completion of this capital increase and strategic cooperation, Jingye Intelligent will further improve its industry chain layout for high-end equipment related to controlled nuclear fusion on the basis of its nuclear industry business.