Domestic News - The National People's Congress (NPC) Standing Committee approved the decision to hold the Fourth Session of the 14th NPC on March 5, 2026, in Beijing [1] - The NPC Standing Committee also approved the submission of several draft laws, including the Ecological Environment Code and the National Development Planning Law, for review at the upcoming session [1] - A revised Foreign Trade Law was passed, effective from March 1, 2026, emphasizing the protection of national sovereignty and interests while promoting high-quality development in foreign trade [1] Industry Developments - The Civil Aviation Law was revised and will take effect on July 1, 2026, requiring applications for airworthiness permits for civil unmanned aerial vehicles [2] - The Ministry of Industry and Information Technology established a standardization committee for humanoid robots and embodied intelligence, focusing on key technologies and industry standards [2] - Data from the National Bureau of Statistics indicated that from January to November, profits of large-scale industrial enterprises reached 66,268.6 billion yuan, with a year-on-year growth of 0.1%, marking four consecutive months of profit growth since August [2] - The equipment manufacturing sector showed a profit increase of 7.7%, contributing 2.8 percentage points to the overall profit growth of large-scale industrial enterprises [2] Data Technology Initiatives - The National Data Bureau released implementation opinions on strengthening data technology innovation, aiming to establish a data-driven industrial innovation system by 2027 [3] - The National Internet Information Office is soliciting public opinions on a draft regulation for AI human-like interaction services, emphasizing user awareness and data protection measures [3]

Core Insights - The first batch of units at the Yebatan Hydropower Station, the highest arch dam power station under construction in China, officially commenced operation on December 27, contributing to the development of a new energy system and the construction of an energy powerhouse [1] Group 1: Project Overview - The Yebatan Hydropower Station is located on the Jinsha River, straddling the counties of Baiyu in Sichuan and Gongjue in Tibet, and is a major project under China's 14th Five-Year Plan [1] - It has a total installed capacity of 2.24 million kilowatts and a maximum dam height of 217 meters, characterized by five high and one large features: high cold, high altitude, ultra-high arch dam, high ground stress, high burial depth, and large-span underground powerhouse [1] Group 2: Operational Impact - The first units to be put into operation are units 4 and 3, achieving a "double launch" in one month [1] - Once fully operational, the station is expected to generate an average annual electricity output of over 10.2 billion kilowatt-hours, saving approximately 3.1 million tons of standard coal and reducing carbon dioxide emissions by over 8.3 million tons annually [1] Group 3: Energy Transmission and Environmental Benefits - The clean electricity generated will be transmitted through the world's first large-capacity water-solar complementary direct current transmission line, the Jinsha to Hubei ±800 kV DC project, to the central China region [1] - This project is significant for optimizing China's energy structure, promoting green and low-carbon energy transition, and enhancing national energy security [1]

Core Viewpoint - The Yebatan Hydropower Station, the highest arch dam power station under construction in China, has officially commenced operation with its first batch of units, contributing to the development of a new energy system and the construction of an energy powerhouse [2]. Group 1: Project Overview - The Yebatan Hydropower Station is located at the junction of Baiyu County in Ganzi Tibetan Autonomous Prefecture, Sichuan Province, and Gongjue County in Changdu City, Tibet Autonomous Region, on the mainstream of the Jinsha River [2]. - It is a major project under China's 14th Five-Year Plan, with a total installed capacity of 2.24 million kilowatts, making it the largest hydropower station in the upper reaches of the Jinsha River in the Sichuan-Tibet section [2]. - The maximum dam height of the Yebatan Hydropower Station is 217 meters, characterized by five high and one large features: high cold, high altitude, ultra-high arch dam, high geostress, high burial depth, and large-span underground powerhouse [2]. Group 2: Operational Milestone - The first batch of generating units that have been put into operation are units 4 and 3, achieving a "double launch" in one month [2].

Core Viewpoint - The successful commissioning of the first batch of units at the Yebatang Hydropower Station marks a significant breakthrough in the construction of high-altitude arch dams and clean energy development in China [1][7]. Group 1: Project Overview - The Yebatang Hydropower Station, located on the upper reaches of the Jinsha River in the Tibet region, is the seventh hydropower station in a planned series of 13, with a total installed capacity of 2.24 million kilowatts and a reservoir capacity of 1.08 billion cubic meters [3]. - The design annual power generation capacity is 10.2 billion kilowatt-hours, which will save over 3 million tons of standard coal and reduce carbon dioxide emissions by more than 7 million tons annually once fully operational [3]. Group 2: Construction Challenges and Innovations - The construction of the Yebatang Hydropower Station faced multiple challenges, including complex geological structures, high geostress (up to 37.6 MPa), and natural disasters during the construction period [5]. - The project team overcame key technical challenges related to foundation construction, temperature control, and continuous winter construction in high-altitude conditions, achieving several industry breakthroughs [6]. Group 3: Technological Advancements - The Yebatang Hydropower Station features the highest arch dam in construction in China at 217 meters and is the first to achieve continuous pouring in cold regions [6]. - It includes the largest underground powerhouse depth of 480 meters and the longest tailrace tunnel of 3,172 meters among similar projects in China [6]. - The project has implemented a digital platform called "Yedian Cloud," utilizing IoT, BIM, and AI technologies for smart temperature control and digital management throughout the construction process [6]. Group 4: Economic and Environmental Impact - The electricity generated will be transmitted through the "Jinshang-Hubei" ±800 kV UHVDC project to central China, enhancing regional power supply security and contributing to high-quality economic development [7]. - The completion of the Yebatang Hydropower Station is a key measure in promoting energy green transition and achieving carbon neutrality goals, contributing significantly to national energy security [7].

本报讯 （记者刘晓一） 12月26日晚间，广西桂冠电力股份有限公司（以下简称"桂冠电力"）发布公告，其下属全资子公司龙滩 水电开发有限公司拟开工建设1000吨级通航建筑物，原500吨级建设方案正式升级，标志着红水河流域 交通能源枢纽建设迈入新阶段。 桂冠电力方面表示，将严格管控工程建设风险，及时披露进展。此次项目不构成重大资产重组或关联交 易，既彰显了企业社会责任担当，也符合全体股东长远利益，标志着桂冠电力在清洁能源与区域基建协 同发展的道路上迈出了坚实一步。 值得一提的是，作为清洁能源领先企业，桂冠电力近年发展势头强劲。截至2025年上半年，公司在役装 机容量达1417.77万千瓦，其中水电占比超七成，风电、光伏等新能源布局持续扩大。2024年新能源投 产容量创历史新高，达87.97万千瓦。同时，公司坚持稳定分红，2022至2024年每年每股派息0.2元（含 税），近三年平均分红比例82.83%，以扎实业绩回馈股东。 （编辑 张伟） 此次升级具有鲜明的战略价值与现实意义。红水河作为连接西南与珠三角及港澳地区的黄金水道，适配 1000吨级通航标准是船舶大型化、标准化发展的必然选择。工程契合西部陆海新通道建设战 ...

建设过程中，项目方开展了高海拔寒冷地区特高拱坝冬季混凝土施工技术研究，创新搭建"叶电云"数字 管理平台，构建了覆盖施工全流程的智慧管控体系，在国内首次实现高海拔寒冷地区大坝混凝土全年无 间断浇筑，为高海拔寒冷地区"无缝大坝"建设提供了经验参考。 据悉，项目全容量投产后，平均年发电量超102亿千瓦时，每年可节约标准煤约310万吨，减少二氧化碳 排放超830万吨。所发出的清洁电能将通过大容量水光互补直流输电通道——金上至湖北±800千伏特高 压直流输电工程，送往华中地区消纳，进一步优化我国能源结构，促进能源绿色低碳转型、提升国家能 源安全保障能力。 （文章来源：新华社） 12月27日，我国在建海拔最高双曲拱坝电站——叶巴滩水电站首批机组正式投产发电，为构建新型能源 体系和能源强国建设再添新动能。 叶巴滩水电站位于四川省甘孜藏族自治州白玉县与西藏自治区昌都市贡觉县交界的金沙江干流上，是国 家"十四五"规划重大工程。叶巴滩水电站总装机容量224万千瓦，是金沙江上游川藏段装机容量最大的 水电站。叶巴滩水电站最大坝高217米，具有高寒、高海拔、特高拱坝、高地应力、高埋深、大跨度地 下厂房等"五高一大"基本特征。此次首批投 ...

每经AI快讯，桂冠电力（SH 600236，收盘价：7.3元）12月26日晚间发布公告称，按照国家部署，为提 升广西红水河通航能力，促进流域经济发展，根据国家发改委及广西、贵州发改委等文件批复精神，公 司下属全资子公司龙滩水电开发有限公司近期拟开工建设1000吨级通航建筑物。 每经头条（nbdtoutiao）——对话马斯克脑机接口"一号受试者"：大脑植入芯片23个月，我正重新夺回 人生的独立 （记者 贾运可） 2024年1至12月份，桂冠电力的营业收入构成为：电力占比99.45%，其他业务占比0.55%。 截至发稿，桂冠电力市值为575亿元。 ...

Core Viewpoint - The company announced that its wholly-owned subsidiary, Longtan Hydropower Development Co., Ltd., plans to commence the construction of a 1,000-ton navigation structure, which was previously delayed due to regulatory requirements [1] Group 1: Project Details - The Longtan Hydropower Station is a key control project in the Hongshui River cascade, originally designed to be built to a 500-ton standard, which was later upgraded to 1,000 tons as per the National Development and Reform Commission's requirements [1] - The original 500-ton project was suspended in 2018, and the feasibility study report for the 1,000-ton project was jointly approved by the development and reform commissions of Guangxi and Guizhou provinces in 2023 [1] - The construction period for the project is estimated to be 69 months, with a total investment of 5.346 billion yuan [1]

Group 1 - The article highlights the significance of the Baihetan Hydropower Station, which is recognized as the world's second-largest hydropower station and has achieved multiple world records [3] - Baihetan is noted for its impressive engineering feats, including the world's largest single-unit capacity for generator sets and the largest underground cavern group [3] - The project emphasizes its commitment to green technology, showcasing its role in promoting sustainable energy solutions [3] Group 2 - The initiative "Witnessing the Road of Science and Technology" aims to popularize scientific knowledge and enhance the scientific literacy of the public [1] - The collaboration between the China Association for Science and Technology and People's Daily focuses on key national technology strategies and core technologies [1] - The project seeks to celebrate the spirit of scientists and contribute to building a strong technological nation [1]

Group 1 - The article emphasizes the importance of popularizing scientific knowledge and promoting scientific spirit to enhance the overall scientific and cultural quality of the population, contributing to the goal of achieving a high level of technological self-reliance and strength in China [1] - The initiative "Witnessing the Road of Science and Technology" is a collaborative effort between the China Association for Science and Technology and People's Daily, focusing on national science and technology strategic policies, significant scientific awards, and critical core technologies [1] - The project aims to conduct in-depth interviews and research at the grassroots level, producing a series of vivid and high-quality science popularization works to promote the spirit of scientists and gather strength for building a technologically strong nation [1] Group 2 - The article discusses the Udongde Hydropower Station, highlighting its role in not only providing electricity but also initiating a life protection plan for fish species affected by the dam [3] - It presents a narrative of harmony between the massive dam and migratory fish, showcasing a systematic approach to ensuring the survival and reproduction of aquatic life in the context of hydropower development [3]