news flash·2025-07-20 23:52Core Viewpoint - The commencement of the Yarlung Tsangpo River downstream hydropower project on July 19 is expected to boost the hydropower equipment sector, with a conservative estimate of the total value of turbine and generator business ranging from 53.5 billion to 95.4 billion yuan, potentially becoming a new growth point for hydropower equipment after 2030 [1] Industry Summary - The Yarlung Tsangpo River downstream hydropower project is projected to significantly enhance the capacity utilization rate of the hydropower equipment industry [1] - Industry leaders' valuations currently reflect market concerns regarding the sustainability of orders, but there is potential for gradual recovery as orders exceed expectations in the future [1]