关注军工ETF（512660）投资机会，军工需求恢复和产能结构优化有望推动产业发展

Group 1 - The article highlights that geopolitical conflicts are intensifying security demands across nations, leading to an upward trend in global military spending and a continuous expansion of the military trade market. This is expected to drive a revaluation of the sector due to enhanced domestic substitution capabilities [1] - In the commercial aerospace sector, the acceleration of national network construction is noted, with a significant tender for launch services by Yangxin Satellite amounting to 1.336 billion. The second half of the year is anticipated to see a concentrated launch of reusable rockets, potentially leading to positive changes across multiple industry segments [1] - The National Space Administration has issued a notice to strengthen quality supervision and management of commercial aerospace projects, providing a systematic design for quality oversight throughout the entire lifecycle, which is expected to promote the safe and healthy development of the industry [1] Group 2 - The military ETF (512660) tracks the CSI Military Industry Index (399967), which selects listed companies in fields such as aviation, aerospace, weapons, and shipbuilding from the Shanghai and Shenzhen markets to reflect the overall performance of defense and military-related industries. The index focuses on companies with strong research capabilities and market competitiveness, leaning towards a growth-oriented style [1]