According to Zhitong Finance APP, Ningbo Techmation (603015.SH) announced that the closing prices of the company's stocks on November 22 and 25, 2024, had a cumulative deviation from normal increase of over 20% over two consecutive trading days. As of November 26, 2024, the company's stocks hit the price limit again, marking six consecutive trading days of hitting the price limit, resulting in a large cumulative increase.

The company has noted that the concept of controllable nuclear fusion has recently gained significant market attention. The company's subsidiary, Italian EEI, does not directly produce or develop nuclear fusion whole devices but provides the HDPS series power supply complete solution with high dynamic characteristics for nuclear fusion devices, making it a component of the nuclear fusion installation. Such solutions are custom-made, and the business model involves project bidding with a lengthy delivery cycle, where the order amounts are a low proportion of the total project investment. In 2024, the expected revenue from such business is anticipated to account for about 2% of the company's main business income, having a limited impact on the company's short-term performance.

Currently, global controllable nuclear fusion projects are mostly in the experimental stage, aiming to verify the scientific and technological feasibility of nuclear fusion energy, ultimately achieving sustainable and clean energy production. There is still a long way to go before the commercial application of controllable nuclear fusion, and the sustainability of EEI's participation in such projects in obtaining orders has significant uncertainty.