Group 1 - The core viewpoint indicates that the high-end equipment sector is experiencing significant growth, with the CSI High-End Equipment Sub-Index rising by 1.43% as of July 28, 2025, and notable individual stocks like Optoelectronics Co. and Gaode Infrared seeing substantial gains [1][2] - The high-end equipment ETF (159638) has shown a strong performance, with a recent increase of 1.36%, marking its third consecutive rise, and a total trading volume of 20.92 million yuan [1] - Over the past year, the high-end equipment ETF has achieved a net value increase of 34.71%, with the highest monthly return recorded at 19.30% since its inception [1] Group 2 - The military industry is showing strong performance, with 67 companies reporting their 2025 semi-annual earnings forecasts, of which 41 are expected to see profit increases, while 26 anticipate declines [1][2] - The military sector's valuation has reached a new level compared to the end of 2024, indicating a broad upward potential with limited downside risk [2] - The top ten weighted stocks in the CSI High-End Equipment Sub-Index account for 45.22% of the index, with significant contributors including AVIC Shenyang Aircraft, Aero Engine Corporation, and AVIC Optoelectronics [2][4]