军工ETF（512660）上一交易日净流入超0.7亿，产业升级与需求释放驱动结构性机会

Group 1 - The defense and aerospace equipment industry is benefiting from industrial upgrades and the trend of self-sufficiency, with domestic equipment localization being the foundation for the industry's rise [1] - On the supply side, sub-sectors like shipbuilding and nuclear power equipment maintain stable prosperity due to inventory updates and counter-cyclical adjustments [1] - On the demand side, emerging fields such as humanoid robots and gas turbines are achieving breakthroughs, indicating long-term growth potential [1] Group 2 - The engineering machinery sub-sector is accelerating its export capabilities due to global competitiveness [1] - The overall valuation level of the industry remains relatively stable, with the machinery sector outperforming the CSI 300 index by 0.32 percentage points in June [1] - With the advancement of high-end equipment localization and the release of demand in emerging markets, there are significant structural growth opportunities in the industry [1] Group 3 - The military ETF tracks the CSI Military Index (399967), which is compiled by the China Securities Index Company and includes representative listed companies in aerospace and defense information sectors [1] - The CSI Military Index aims to reflect the overall performance of the Chinese military industry securities, characterized by high industry concentration and distinct style allocation, serving as an important indicator for observing military sector trends [1]