Core Viewpoint - The "Yaxia Project" is recognized as the largest planned hydropower project globally, with a total investment of 1.2 trillion yuan, and is expected to significantly contribute to renewable energy generation and regional economic development [2][3][9]. Investment Opportunities - The project is anticipated to ignite investment interest in various sectors, including hydropower energy, infrastructure materials, and mechanical equipment, as the construction progresses [8]. - The project will benefit multiple industries such as water conservancy, mining explosives, and chemical building materials, with stocks in these sectors experiencing significant gains following the project's commencement [8]. - The total investment of 1.2 trillion yuan represents approximately 88.7% of China's total water conservancy investment for 2024 and is expected to generate over 20 billion yuan in annual fiscal revenue for Tibet, which is about 67% of the region's projected fiscal income for 2024 [9][10]. Energy and Ecological Considerations - The "Yaxia Project" is projected to generate an annual electricity output of 300 billion kilowatt-hours, which is 3.4 times that of the Three Gorges Dam, and will significantly reduce coal consumption and carbon emissions [4][12]. - The project has taken ecological risks into account, with 97% of the facilities being buried underground to minimize surface impact, and a 10 billion yuan ecological fund established to support biodiversity and ecological restoration efforts [12].