China Fusion Energy (CFEC)

China Fusion Energy Co. Ltd. is a state-owned enterprise established in Shanghai in July 2025 under the China National Nuclear Corporation to advance nuclear fusion commercialization. The company consolidates national fusion research and development efforts and focuses on system design, technology validation, and digital R&D to support future fusion energy deployment. It operates with a registered capital of 15 billion yuan and collaborates with partners including Shanghai Jiao Tong University, Shanghai Electric, and Shenergy Group.