Group 1 - Israel has launched intense airstrikes against Iran, resulting in significant explosions in multiple cities including Tehran, Qazvin, Isfahan, and Zanjan, with Iran promising a "decisive" response [1] - The frequency of conflicts in the Middle East is closely linked to the increase in military trade orders, with historical conflicts leading to a substantial rise in military trade in the region [1] - Recent conflicts are expected to drive military demand in the Middle East, with military equipment demand and pricing both increasing, supported by the "14th Five-Year Plan," "Centenary of the Army," and "indigenous substitution" strategies [1] Group 2 - The military ETF (code: 512660) is the largest military industry ETF in the market, tracking the CSI Military Index (code: 399967), which includes core military enterprises in the A-share market [2] - The CSI Military Index aims to reflect the overall performance of listed companies in China's military industry, covering key sectors such as defense and aerospace [2]