Huan Qiu Wang·2025-07-24 02:25Group 1 - The Yarlung Tsangpo River downstream hydropower project, with a total investment of approximately 1.2 trillion yuan, officially commenced on July 19, igniting enthusiasm in the A-share market [1] - Related concept stocks surged, with 16 stocks including Xining Special Steel and *ST Zhengping hitting the daily limit on July 23, showcasing a strong market response [1] - Several listed companies, including Huaxin Cement and *ST Zhengping, issued clarifications emphasizing that their current business does not involve this major project, despite some having relevant operational capabilities [1][2] Group 2 - Companies like Zhujian Design clarified that their main business is architectural design and consulting, lacking the qualifications for hydropower project design [2] - Other firms, including Jindun Co., Kailong Co., and Dayu Water-saving, also stated that they have no direct business relationship with the Yarlung Tsangpo project, or that the bidding process has not yet started [2] - Market analysts believe that the Yarlung Tsangpo project, as a significant national hydropower initiative, is expected to create new demand in construction, electrical equipment, and civil explosives sectors, although the actual benefits may be limited to a few leading companies with the necessary technical capabilities [2]