Shanghai Electric's stock price surged 8.86% during intraday trading on Monday, significantly outperforming the broader heavy electrical equipment sector.

The sharp rise is attributed to multiple positive catalysts in the nuclear energy sector. The controlled nuclear fusion sector continues to experience strong momentum, while the recent completion of China's fourth-generation nuclear fission reactor—the thorium-based molten salt reactor—which achieved thorium-uranium conversion, has provided sustained positive sentiment. Shanghai Electric holds a unique market position as the only domestic enterprise covering all fourth-generation nuclear power technology routes.

The company has achieved a technological breakthrough in 700-degree high-temperature molten salt corrosion protection technology and has a robust order book extending through 2028. Furthermore, its deep involvement in key national projects like ITER and BEST, coupled with a strong first-quarter financial performance showing a 30.15% year-over-year increase in net profit, has reinforced investor confidence in its growth trajectory.