Pioneer Securities pointed out on August 18 that although the power consumption situation in some areas is tight, there will be no large-scale "switching" phenomenon, but the "tight balance" of power supply and demand will continue in the future. Under the background of tight balance between power supply and demand, nuclear power which belongs to "base load power supply" and thermal power plants with both "base load power supply" and high flexible regulation attributes are expected to usher in a revaluation. Maintain the industry's "bullish" investment rating.