Mei Ri Jing Ji Xin Wen·2025-10-13 06:52Core Insights - The defense and military industry is experiencing a positive trend, with the aerospace ETF (159227) rising by 0.59% and achieving a trading volume of 1.32 billion yuan, indicating strong investor interest [1] - The year 2025 is highlighted as a critical period for equipment upgrades and the release of concentrated orders, driven by the "14th Five-Year Plan" and the emerging "15th Five-Year Plan" [1] - Geopolitical conflicts in 2025 are expected to enhance the value of Chinese military enterprises, particularly in the military trade sector, as their equipment undergoes real-world testing [1] Industry Overview - The aerospace ETF (159227) tracks the Guozheng Aerospace Index, which has a high concentration of core companies in the Chinese military industry, covering sectors such as large aircraft and low-altitude economy [2] - The military industry accounts for 98.2% of the index's composition, with a higher focus on aerospace and military equipment compared to other indices, emphasizing the importance of air and space power in modern warfare [2] - The industry has a high technical barrier, and the value contribution within the military supply chain is significant, indicating strong growth potential [2]