Investment Rating - The industry investment rating is "Overweight" [5] Core Viewpoints - The upcoming 15th China International Aviation and Aerospace Exhibition is expected to showcase advanced military equipment, reflecting high demand in both domestic and foreign markets for the military industry [4] - The exhibition will feature various aircraft models and missile systems, indicating a robust growth trajectory for the military sector [4] - The number of foreign exhibitors has increased by 104% compared to the last exhibition, highlighting the international interest in China's military capabilities [4] Summary by Relevant Sections Industry Overview - The exhibition will present a wide range of military equipment, including the J-35A, J-20, and various missile systems, showcasing advancements in China's military technology [4] - The event will also include themed exhibition areas covering low-altitude economy, commercial aircraft, and space technology, indicating a comprehensive display of military and aerospace innovations [4] Investment Opportunities - Recommended stocks include: - Total Assembly: AVIC Shenyang Aircraft (600760.SH), AVIC South Lake (688552.SH) - Components: AVIC Optoelectronics (002179.SZ), AVIC Electric (002025.SZ) - Subsystems: AVIC Onboard (600372.SH), North Navigation (600435.SH) - Materials and Processing: Feilihua (300395.SZ), Huaqin Technology (688281.SH) [5] - Beneficiary stocks include: - Total Assembly: AVIC Xi'an Aircraft (600760.SH), AVIC Rainbow (600372.SH) - Components: Unisoc (002179.SZ), Hongyuan Electronics (002025.SZ) - Subsystems: Aero Engine Corporation of China (600372.SH), AVIC Electromechanical (600435.SH) - Materials and Processing: AVIC High-Tech (688281.SH), West Superconducting (300395.SZ) [5]
军工行业事件快评：第十五届中国航展事件快评-珠海航展开幕在即 折射内需外贸高景气度
Guotai Junan Securities·2024-11-10 13:50