关注阅兵日历效应，军工超额行情将现？军工ETF（512660）当前规模及流动性优势明显

Group 1 - The core viewpoint of the articles highlights the positive outlook for the military industry in China, driven by upcoming events such as the 80th anniversary of the victory in the Anti-Japanese War and World Anti-Fascist War, which will feature new military technologies [1] - The military sector has seen continuous net inflows of capital this year, with the military ETF (512660) experiencing a growth of over 40% in shares, reaching a current scale of over 15.7 billion yuan [3] - China's military exports have gained a global market share of 5.80% from 2019 to 2023, with approximately 60% of these exports going to Pakistan, indicating a potential for increased military trade and long-term performance improvements in the industry [4] Group 2 - The military ETF (512660) tracks the China Securities Military Index, which covers a wide range of military sectors including aviation, military electronics, and naval equipment, showcasing the overall performance of the military industry [7] - The China Securities Military Index has demonstrated defensive strength during market downturns, with the smallest declines in 2018, 2022, and 2023, and ranked first in returns among peers in 2024 [7] - The military sector is expected to benefit from increased domestic demand driven by the "14th Five-Year Plan," "Centenary of the Army," and the push for self-sufficient domestic alternatives, indicating strong positive expectations for the industry's fundamentals [8]