On August 26-27, CITIC Securities successfully hosted its Fourth Equity Investment Forum in Suzhou. Centered on the theme “Forging a New Era,” the forum focused on the development, opportunities, and outlook of the equity market. Topics covered cutting-edge industry trends including pharmaceutical innovation, embodied intelligence, autonomous driving, capital practices and ESG, controlled nuclear fusion, hard technology innovation, and low-altitude aviation and aerospace. HHMAX-ENERGY (Chengdu) Technology Co., Ltd., as a representative enterprise in commercial nuclear fusion, was invited to participate and delivered a keynote presentation at the event, sharing the company's progress in controlled nuclear fusion research and development projects.


   This conference featured presentations and discussions by top-tier investors, leading unicorn companies, and seasoned industry experts. It comprised one main forum and seven industry-specific sub-forums, creating a premier platform for investors and entrepreneurs to connect resources and share insights. During the event, HHMAXJuren delivered a keynote presentation at the sub-forum titled “Fusion Dawn, Solid-State Takeoff: A New Chapter in the Energy Revolution.”

   HHMAX-ENERGY presented its phased achievements in engineering R&D under the theme “Commercialization Practices of Controlled Nuclear Fusion,” outlining future pathways for commercialization. The company's HHMAX-901 fusion device has successfully achieved plasma ignition in the main reactor. Moving forward, HHMAXwill systematically advance nuclear fusion technology R&D, accelerate breakthroughs in core components, and incubate commercial products along the way.

   In recent years, nuclear fusion has garnered significant attention and recognition from capital markets, with the Field-Reversed Configuration (FRC) approach within magnetic confinement technology securing substantial financing both domestically and internationally. As China's first private enterprise dedicated to FRC technology in fusion R&D, HHMAX-ENERGY has achieved breakthrough progress in both FRC technology development and engineering construction, attracting high-level attention from the industry, media, and capital markets. Through this forum, the company further showcased its latest advancements in FRC technology and projects, while providing an in-depth introduction to its “laying eggs along the way” development model, which garnered widespread attention and recognition from attendees. Moving forward, the company will continue to strengthen exchanges and cooperation with upstream and downstream enterprises in the industrial chain, as well as financial institutions, to accelerate the commercialization of controlled nuclear fusion.

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   The Equity Investment Forum is CITIC Securities' premier annual investment event, first held in 2021 as the securities research industry's inaugural large-scale forum dedicated to equity investment. This forum attracted over 2,000 investors from more than 1,000 institutions, with over 80 companies conducting roadshows and presentations during the event. Attendance exceeded 1,200 on the first day. The first three editions of CITIC Securities' Equity Investment Forum, held in 2021, 2023, and 2024 respectively, were themed “Innovation Era, Investing in the Future,” “New Ecosystem for Venture Capital,” and “New Trends in Industry-Investment Integration.” These forums garnered extensive attention and recognition from all sectors of society.