新央企中国雅江集团成立！1.2万亿雅下水电工程引爆A股涨停潮

Core Points - The establishment of China Yajiang Group marks a significant step in China's state-owned enterprise reform, aimed at enhancing core functions and supporting national strategies [1][2] - The Yarlung Zangbo River downstream hydropower project, with a total investment of approximately 1.2 trillion yuan and an expected installed capacity of 60 million kilowatts, is set to become one of the largest hydropower stations globally [1][4] Company Formation - China Yajiang Group has been officially established as the 99th central enterprise, positioned between China Three Gorges Corporation and State Energy Investment Corporation [2] - The group is tasked with promoting clean energy development and achieving carbon neutrality goals, reflecting a commitment to national energy security and regional economic development [2][3] Project Details - The Yarlung Zangbo River downstream hydropower project involves a total investment of about 1.2 trillion yuan and aims to construct five tiered power stations [4][5] - The project is expected to generate an annual electricity output of 300 billion kilowatt-hours, equivalent to the energy consumption of 300 million people for a year [5][6] Industry Impact - The hydropower project is anticipated to significantly increase the share of clean energy in China's energy mix, reducing reliance on coal and oil, and decreasing carbon emissions by approximately 300 million tons annually [5][6] - The project will also enhance the stability of electricity supply in eastern and central regions, contributing to a modern energy system that is clean, low-carbon, and efficient [6]