GUOFUHEE (02582) saw its shares rise more than 8% during the trading session. At the time of writing, the stock was up 3.61%, trading at HK$45.30 with a turnover of HK$191 million.

GUOFUHEE recently won a bid for the 80K cold box procurement project from the Institute of Plasma Physics at the Hefei Institutes of Physical Science, Chinese Academy of Sciences, with a contract value of RMB 3.2 million. The project focuses on the critical cryogenic systems for a national-level nuclear fusion research platform.

This successful bid demonstrates the company's cryogenic engineering capabilities, which have now expanded from the hydrogen energy sector to key components and system integration for low-temperature nuclear fusion. This not only opens up new revenue streams for the company but also highlights the synergistic potential between hydrogen energy and nuclear fusion as future energy technologies.