22 July 2025 | 7:39AM HKT NARI Technology (600406.SS): Yarlung Zangbo Hydropower project could boost LT EPS by c.4%+; Buy Nari as all-round beneficiary On July 19, 2025, China officially broke ground on the long-planned Yarlung Zangbo River Hydropower Project, following the central government approval in December 2024. This marks the beginning of what is expected to be the world's largest hydropower development, both by scale (60GW+ power generation capacity) and investment (~Rmb1.2trn over c.15 years per a ...