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Baili Electric: Current Revenue from Nuclear Fusion-Related Ventures Minimal
1 week ago /
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Author：小编
Baili Electric has acknowledged the burgeoning interest in 'controlled nuclear fusion'. Upon thorough examination, it has been confirmed that its subsidiary, Rongxin Xingye, is involved solely in the design and manufacturing of reactive power compensation and filter equipment for the power system of the International Thermonuclear Experimental Reactor (ITER) project. This contribution aims to enhance power quality and minimize losses. Currently, the revenue generated from this specific business venture constitutes a minuscule fraction of the company's overall revenue, anticipated to be less than 1% in 2024. Consequently, this involvement is not expected to exert any notable influence on the company's performance.
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