直线拉涨！“有望深度参与”超级工程！

Core Viewpoint - Zoomlion is expected to deeply participate in the core aspects of the Yarlung Tsangpo River downstream hydropower project, which is a significant national strategic project with a total investment of approximately 1.2 trillion yuan [2][8]. Group 1: Company Involvement - Zoomlion has stated that the Yarlung Tsangpo River downstream hydropower project will create substantial demand for construction machinery, including earthmoving machinery, concrete machinery, lifting machinery, foundation construction machinery, and tunnel boring machinery [8]. - The company has a long-term strategic partnership with the relevant contractors of the Yarlung Tsangpo River downstream hydropower project, enhancing its potential involvement [8]. Group 2: Market Reaction - On July 22, after the announcement, Zoomlion's A-shares surged nearly 5%, while H-shares increased by over 5.4% [4]. - The market has shown widespread interest in the participation of listed companies in the Yarlung Tsangpo River downstream hydropower project, with several companies confirming their involvement [10]. Group 3: Broader Industry Context - The long construction cycle of mega projects like the Yarlung Tsangpo River downstream hydropower project will not only drive new equipment sales but also extend to equipment leasing, technical support, operational services, and spare parts supply, contributing to a diversified business structure for the company [8]. - Other listed companies, such as China Power Construction and LiuGong, have also expressed their involvement in the project, indicating a collaborative industry effort [11][14].