Core Viewpoint - Germany is actively negotiating to procure the "Patriot" defense system for Ukraine following the U.S. decision to suspend the shipment of critical weapons [1] Group 1 - The German government is exploring various methods to fill the supply gap of the "Patriot" system [1] - One option under consideration is purchasing the "Patriot" defense system from the U.S. and then transferring it to other countries [1] - The German government spokesperson confirmed that intensive discussions are ongoing regarding this issue [1]

市场消息：德国准备订购价值250亿欧元的坦克，以增强北约部队的兵力。 ...

Group 1 - The German government is in discussions to purchase Patriot air defense systems from the United States [1] - The intention is to provide these systems to Ukraine [1]

Group 1 - The stock of Zhejiang Haideman (688577) has a comprehensive score of 53.73, indicating a strong performance [1] - The main cost analysis shows the following prices: 46.15 CNY (current), 46.26 CNY (5-day), 44.38 CNY (20-day), and 43.27 CNY (60-day) [1][2] - There have been no instances of the stock hitting the upper or lower limit in the past year [1] Group 2 - The short-term support level is at 48.12 CNY, while the mid-term resistance level is at 41.88 CNY [2] - The stock is currently in an unclear short-term trend, awaiting direction from main capital [2] - The K-line pattern shows a long lower shadow, indicating a potential reversal after a continuous decline [2] Group 3 - On July 4, 2025, the net inflow of main capital was 250.75 thousand CNY, accounting for 4% of the total transaction volume [2] - The financial data reveals earnings per share of 0.03 CNY, operating profit of 0.02 billion CNY, and a net profit of 2,123,149.05 CNY [4] - The sales gross margin stands at 22.786% [4] Group 4 - Related industry sectors showed declines: General Equipment -1.46%, Industrial Mother Machine -1.46%, and Military Industry -1.35% [4]

据最新消息，特朗普当地时间3日表示，他与普京的通话持续很长时间，但没有取得任何进展。特朗普表示， 他对此感到不快。 美国总统特朗普不太开心！ 另据新华社援引克里姆林宫网站消息，俄总统助理乌沙科夫表示，普京与特朗普通话持续近一小时，详细讨论 伊朗及中东局势。俄方强调，所有争议、分歧和冲突应通过政治和外交手段解决。俄美双方还谈及叙利亚局势 最新发展，俄美双方将继续就此对话。 乌沙科夫表示，谈及乌克兰问题时，特朗普再次提出有关尽早停止对抗的问题。普京说，俄方将继续寻求通过 政治谈判解决冲突。普京向特朗普通报第二轮俄乌直接谈判所达成人道主义协议的执行情况。他还表示，俄方 已准备好继续推进谈判进程。 乌沙科夫表示，普京强调，俄罗斯将在乌克兰实现既定目标，即消除导致当前局势和激烈对抗的"众所周知的 根源"。俄罗斯不会放弃这些目标。俄美双方同意继续通过两国外交和国防部门以及总统助理保持沟通。 据美国媒体报道，乌克兰总统泽连斯基3日在丹麦访问时表示，可能在接下来几天内同特朗普通话。 白宫正试图从俄乌冲突中抽身？ 另外，针对美国暂停对乌克兰的部分军事援助，特朗普表示，美国为乌克兰提供帮助，但必须"先确保我们自 己拥有足够的武器 ...

以色列国防部长：以色列军方必须在情报和行动方面做好准备，确保空军在德黑兰上保持空中优势，并 防止伊朗重新建立其能力。 ...

以色列国防部长：以色列军方的当前任务是制定一项执行计划，确保伊朗无法重新威胁以色列。 ...

Core Viewpoint - The aerospace and defense sector is experiencing significant market activity, with notable stock performance and increased liquidity in related ETFs, driven by strong expectations for military-related developments in the near future [1][2]. Group 1: Market Performance - As of July 4, 2025, the CN5082 aerospace and defense industry index shows mixed performance among its constituent stocks, with AVIC Shenyang Aircraft (600760) leading with a 2.54% increase [1]. - The Aerospace and Defense ETF (159227) has an active trading environment, with a turnover rate of 20.04% and a transaction volume of 79.01 million yuan [1]. - Over the past week, the Aerospace and Defense ETF has averaged daily transactions of 80.54 million yuan, ranking it first among comparable funds [1]. Group 2: Fund Flows - The Aerospace and Defense ETF has seen continuous net inflows over the past six days, with a peak single-day net inflow of 37.52 million yuan, totaling 139 million yuan in net inflows [1]. - The defense and military sector index ranked 4th among 31 industries in terms of performance for the first half of 2025, with a record high trading volume [2]. Group 3: Sector Insights - More than 10% of military-listed companies reached historical highs in stock prices during the first half of 2025, driven by strong market expectations [2]. - The Aerospace and Defense ETF tracks the CN5082 index, with a high concentration of 98.2% in the defense and military sector, making it the most "pure" military ETF in the market [2]. - The top ten weighted stocks in the CN5082 index account for 49.42% of the total index, indicating a concentrated investment in key players within the aerospace and defense sector [3].

不过，也有一点不同：合同短期且流动性强，随时可能被"挖角"：与体育明星通常拥有长期合同不同， AI 领域的雇佣协议是短期的、流动性强的，这意味着"任何人都可以在任何时候被挖走" 。 这一论断放在前面，便于理解接下来的论述。 前些天马克·扎克伯格亲自下场，天价挖人，据说开出了一亿美元的"签字费"——勒布朗·詹姆斯下赛季 的工资是 5260 万。如今 Meta 已经重组 AI 业务，成立 MSL （"超级智能实验室"），以至于阿尔特曼 恼羞成怒，说他们挖走的是雇佣兵，不是传教士，而且离开的都不是最顶级的。 他生气太早了，这类堪比超级球星的合同，可能是以后 AI 行业的常态。 红杉美国前两天发了一篇文章，说如今的 AI 实验室和体育俱乐部越来越像： 背后都有超级"金主"支持：例如，微软支持 OpenAI，谷歌和 Meta 有自己的实验室，埃隆·马斯克则支 持 xAI。 "明星选手"拥有天价薪酬包： AI 领域的"明星球员"（顶尖研究员）可以获得数千万、数亿，甚至对最 顶尖的离群值人才来说，似乎可以达到数十亿美元的薪酬包。这与职业体育明星的天价合同非常相似。 这一年 AI 行业内部有个根本转变：过去的一年里，决定竞争 ...

Group 1 - The Beijing Property Exchange has listed a 16.2% equity stake in Lijian Defense Technology Group for a transfer price of 19.4715 million yuan [1] - Lijian Defense was established in 2013 with a registered capital of 111.11 million yuan and has four shareholders, including Sichuan Chemical Materials Technology [1] - The company reported a revenue of 3.7578 million yuan and a loss of 494 million yuan for 2023, with a negative net asset of 218 million yuan [1] Group 2 - Lijian Defense faced public reprimand from the Shanghai Stock Exchange for failing to fulfill performance compensation commitments, which significantly harmed the interests of the listed company [2] - In October 2020, Shenli Co., Ltd. acquired 55% of Lijian Defense's subsidiary, Lijian Defense, for 264 million yuan, with a subsequent capital increase of 30 million yuan [2] - Lijian Defense committed to a profit target of 60 million yuan for the period from 2020 to 2022, which it failed to meet, leading to a buyback obligation [2] Group 3 - Lijian Defense has made two payments totaling 173 million yuan for the buyback but failed to pay the third installment on time, resulting in a civil lawsuit initiated by Shenli Co., Ltd. [3] - A mediation agreement was reached in March, confirming Lijian Defense's obligation to pay a total of 180 million yuan in buyback payments [3] - As of early April, Lijian Defense had completed a payment of 10 million yuan, with further payments scheduled as per the mediation agreement [3]