On October 27, 2026, Tiangong International (00826.HK) issued a voluntary announcement: its indirect subsidiary Jiangsu Tiangong Aihe Technology Co., Ltd. won the contract for the "Vacuum Vessel Lower Port Shield System (Powder Metallurgy High-Boron Steel)" project of Fusion Energy (Anhui) Co., Ltd., with a contract value of RMB 2.376 million. The company will supply approximately 4 tonnes of powder metallurgy high-boron steel components for the Compact Fusion Energy Experimental Device (BEST), with manufacturing, processing, and delivery to be completed within 9 months after contract signing. The board stated that the tender covers key matters concerning the construction and procurement of the BEST device. The award marks the group's powder metallurgy high-boron steel officially advancing from the material R&D stage to the supply stage of nuclear fusion device components, representing important recognition of the product by the nuclear fusion industry. The order also serves as a key platform for completing component-level validation of the material on a real fusion device. Value for powder buyers: (1) Fusion device shielding systems create new demand for powder metallurgy components made of high-boron steel, and procurement of boron steel powder and master alloy through Tiangong Aihe's supply chain will commence; (2) As construction of domestic fusion devices such as BEST accelerates, demand for neutron-irradiation-resistant steel powders is worth proactive positioning by powder manufacturers; (3) Track the subsequent volume growth and acceptance progress of Tiangong International's fusion material orders.