An Alibaba-Affiliated Firm Acquires a Stake in Nova Fusion Energy Technology
1 day ago / Read about 0 minute
Author:小编   

According to the Aiqicha App, Nova Fusion Energy Technology (Shanghai) Co., Ltd. has recently undergone industrial and commercial modifications. Notably, it has welcomed two new shareholders: Hangzhou Haoyue Enterprise Management Co., Ltd., which is associated with Alibaba, and Henan Shangqi Huirong Shangcheng No.1 Industrial Fund Partnership (Limited Partnership), an entity linked to SAIC. Consequently, the company's registered capital has surged from approximately 1.703 million yuan to around 2.19 million yuan. Established in April 2025, the firm's operations span the research and development of novel material technologies, comprehensive nuclear power equipment and engineering technology R&D, power generation technology services, and various other domains.