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Chengdu Launches Trillion-Yuan Future Industry Fund and 100-Product List HHMAX-901 Included

On July 24th, the Chengdu Municipal Bureau of Economy and Information Technology held the “Invest in Chengdu, Invest in the Future” event in Chengdu, launching the Chengdu Future Industry Fund and facilitating industry connections. At the event, the city unveiled a future industry fund with a total scale exceeding 100 billion yuan (CNY 1000亿), saw over a hundred institutions jointly initiate the “Invest in Chengdu” Future Industry Investment Alliance, and released the city’s “100 Scenario Demand List” and “100 Product List” for future industries. HHMAX-901, the fusion device developed by HHMAX (Chengdu) Technology Co., Ltd., was prominently featured in the “Advanced Energy” section of the released product list as a representative commercial fusion project, garnering significant attention.

“The future is now” has become a frequent buzzword in the innovation and technology circle. Chengdu, a city consistently demonstrating high resilience, quality, and vitality in its economic development, is naturally not absent from this trend. At the event, the Chengdu Future Industry Fund was formally introduced, capturing everyone’s attention with its substantial scale: CNY 112 billion in its first phase and a long-term target of CNY 260 billion. The question on everyone’s mind: where will this fund be directed? The meeting provided the answer.

Ten cutting-edge directions were prominently listed, including advanced nuclear energy represented by nuclear fusion, alongside humanoid robots, flying cars, brain-computer interfaces, and quantum technology. This reflects Chengdu’s clear strategy focusing on its “9+9+10” modern industrial system to seize future high ground. These fields are generally characterized by long R&D cycles, significant capital investment, and high technical barriers, yet possess the immense potential to disrupt existing industrial landscapes. It signals Chengdu’s intent to focus on “deep tech” tracks relevant for the next five years and beyond, aiming to secure a commanding position in the next wave of technological revolution and industrial transformation.

During the release of the “100 Product List”, an official from the Chengdu Municipal Bureau of Economy and Information Technology specifically highlighted HHMAX. The official mentioned: “HHMAX-901 is China’s first commercial linear field-reversed configuration (FRC) fusion device. Once commercially applied, it will fundamentally change the future of human energy!”

A representative from the Chengdu Municipal Bureau of Economy and Information Technology (and the Municipal Commission for New Economy) stated: “Every product on this list is a ‘spark’ of innovation for Chengdu’s future industries; every technological breakthrough is the city’s ‘confidence’ in securing its place in the race. We hope this list will enable more investment and financing institutions to understand Chengdu’s products, engage with Chengdu’s enterprises, and establish their ventures in Chengdu.”

At the event, HHMAX, as a representative of Chengdu’s “hardcore tech” enterprises, showcased an introductory video of its fusion device in the exhibition area. Company representatives engaged in in-depth discussions with investors and media on-site, focusing on HHMAX’s technological innovations and future development plans.

Moving forward, HHMAX will continue to leverage Chengdu’s industrial support and financial backing, integrating core resources across the fusion industry chain. The company remains dedicated to the research and application of linear field-reversed configuration fusion technology, striving to accelerate the realization of fusion commercialization. Our goal is to let the “Light of Fusion” illuminate Chengdu and light up the globe!