Over 15 billion yuan! PetroChina participates in capital injection
author: Ann
2025-07-28
The seven shareholders include CNNC (50.35%), PetroChina Kunlun Capital (20%), Shanghai Future Fusion (11.81%), China National Nuclear Corporation (6.65%), Zhejiang Energy Power (5%), National Green Development Fund (3.19%) and Sichuan Heavy Industry Fusion (3%), with a total capital increase of nearly 11.5 billion yuan.
Controlled nuclear fusion is a controllable and sustainable nuclear fusion reaction. It converts the mass loss in the nuclear reaction into energy and then into electrical energy. The goal is to achieve safe, continuous and stable energy output. At a time when the demand for electricity for the development of artificial intelligence is surging and the importance of energy security is increasing, nuclear fusion is attracting the attention of capital.
According to the "2024 Global Fusion Industry Report" of the Nuclear Fusion Industry Association (FIA), the number of global nuclear fusion companies has increased from 33 in 2022 to 45 last year, and the nuclear fusion industry has attracted US$7.1 billion (about RMB 51.4 billion) in investment, nearly US$1 billion higher than in 2023.
my country also attaches great importance to the field of controlled nuclear fusion. In 2024, the State-owned Assets Supervision and Administration Commission of the State Council listed nuclear fusion as the core carrier of new quality productivity. This policy orientation provides a clear signal and support for enterprises' investment and development in the field of nuclear fusion. Various regions have also issued special policies to support the research and development of nuclear fusion technology.
In recent years, PetroChina has accelerated its transformation into a comprehensive energy supplier of "oil, gas, heat, electricity and hydrogen", accelerated its progress towards the middle and high end of the "refining, chemical, biorefining and materials" industry chain, and actively laid out plans to promote the development of future industries such as controlled nuclear fusion and synthetic biology.
Controlled nuclear fusion is a controllable and sustainable nuclear fusion reaction. It converts the mass loss in the nuclear reaction into energy and then into electrical energy. The goal is to achieve safe, continuous and stable energy output. At a time when the demand for electricity for the development of artificial intelligence is surging and the importance of energy security is increasing, nuclear fusion is attracting the attention of capital.
According to the "2024 Global Fusion Industry Report" of the Nuclear Fusion Industry Association (FIA), the number of global nuclear fusion companies has increased from 33 in 2022 to 45 last year, and the nuclear fusion industry has attracted US$7.1 billion (about RMB 51.4 billion) in investment, nearly US$1 billion higher than in 2023.
my country also attaches great importance to the field of controlled nuclear fusion. In 2024, the State-owned Assets Supervision and Administration Commission of the State Council listed nuclear fusion as the core carrier of new quality productivity. This policy orientation provides a clear signal and support for enterprises' investment and development in the field of nuclear fusion. Various regions have also issued special policies to support the research and development of nuclear fusion technology.
In recent years, PetroChina has accelerated its transformation into a comprehensive energy supplier of "oil, gas, heat, electricity and hydrogen", accelerated its progress towards the middle and high end of the "refining, chemical, biorefining and materials" industry chain, and actively laid out plans to promote the development of future industries such as controlled nuclear fusion and synthetic biology.
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