The finals of the 7th Golden Panda Global Innovation and Entrepreneurship Competition concluded on November 3-4 at Jingrong Hui, Chengdu High-tech Zone. After two days of intense competition, 75 global sci-tech innovation projects were awarded, with 30 exceptional projects making it to the "Most Popular Projects Among Investors" list. HHMAX-ENERGY (Chengdu) Technology Co., Ltd. stood out by winning the Outstanding Project Award for its "Linear Field-Reversed Configuration (FRC) Fusion Device Project" and gained a spot in the "Most Popular Projects Among Investors" list due to significant attention. The company also exhibited at the competition's showcase area, presenting its research progress in Linear FRC technology and device development, which attracted considerable interest from attending leaders and guests.

   This year's competition drew 2,317 entries worldwide. Offline regional rounds were held in Lisbon, Portugal; Seoul, South Korea; and several Chinese cities including Chengdu, Beijing, Wuhan, Hangzhou, and Shenzhen, while online rounds covered regions like the Americas and Southeast Asia. Preliminary rounds for the Digital Cultural Creativity category took place in China, South Korea, and Japan. Through 13 domestic and international preliminary and regional selections, the "Venture Capital Tianfu • Weekly Meetings" screening, and recommendations from investment institutions, 231 high-quality projects advanced to the finals.

   As a representative commercial fusion enterprise in the finals, HHMAX-ENERGY presented on future trends, the significance of fusion energy development, progress in its FRC device construction, and commercialization roadmap, earning recognition from the judges and the Outstanding Project Award. As China's first commercial linear FRC fusion device, the project also received high acclaim from field experts and investors, securing a place in the "TOP 30 Most Popular Projects Among Investors" list.

   Additionally, the company's exhibition at the event highlighted its advancements in fusion device development and FRC technology applications, drawing strong attention from leaders and distinguished guests. Senior officials, including Lü Shengping, Second-Level Inspector of the Sichuan Provincial Department of Commerce and Secretary of the Joint Party Committee of Social Organizations, visited HHMAX-ENERGY's booth and commended their efforts. Outlets like "Chengdu High-tech" featured the company's device R&D and commercialization in their coverage.

   As a standout in the fusion sector, HHMAX-ENERGY has achieved notable success in multiple authoritative competitions this year. These include the first prize at the provincial finals of the 10th "Chuangke China" Sichuan SME Innovation and Entrepreneurship Competition, hosted by the Sichuan Provincial Department of Economy and Information Technology and the Sichuan Provincial Department of Finance, and a bronze medal at the Civil-Military Dual-Use Technology Innovation Application Competition organized by the Advanced Technology Achievements Yangtze River Delta Conversion Center. These honors reflect growing public and institutional support for controlled nuclear fusion and diverse technological approaches. HHMAX-ENERGY remains committed to advancing technical R&D and device construction to accelerate the practical application of controlled nuclear fusion.

Background:
   Since its launch in 2019, the Golden Panda Global Innovation and Entrepreneurship Competition has been held annually for seven years, accumulating over 10,000 entries from 35 countries and regions, including the U.S., U.K., Germany, and South Korea, with more than 1,400 projects from international elites. Over 150 institutions have become long-term strategic partners. The competition has facilitated the landing of 140-plus projects in Chengdu High-tech Zone, generating over 2.5 billion RMB in financing and establishing itself as a influential global startup contest in central and western China.