Blue Stone Heavy Industries: The nuclear energy sector order disclosed on October 30, 2025 with an amount of 5.81 billion RMB does not involve controlled nuclear fusion business.

date
04/11/2025
Lan Shi's reorganization announcement, in response to the market's categorization of the company as "controllable nuclear fusion concept stock", the company hereby clarifies the following after verification: Currently, only microchannel heat exchangers and plate heat exchangers in the company's business are related to controllable nuclear fusion, but the revenue generated from these is extremely low. It is important to note that the 5.81 billion yuan nuclear energy sector orders disclosed by the company on October 30, 2025, do not involve controllable nuclear fusion business. The revenue recognition of this contract is expected to be mainly concentrated in 2026, with some uncertainty as to whether any revenue can be recognized in 2025. It is estimated that the impact on the company's business performance in 2025 will be relatively small. Please refer to the annual audit report issued by the accounting firm for specific amounts. Investors are advised to pay attention to investment risks.