Group 1 - The A-share market saw all three major indices rise collectively, with the defense and military industry experiencing a pullback, particularly the aerospace ETF (159227) which fell by 1.31% as of 10:04 AM, with a trading volume of 85.09 million yuan, ranking first among its peers [1] - The aerospace ETF (159227) has seen a net inflow of over 295 million yuan in the past month, with its latest scale reaching 633 million yuan, achieving a doubling growth and maintaining the top position among similar funds [1] - The role of air power in modern warfare is increasingly prominent, making aerospace equipment a key focus for military construction across nations, characterized by high technical barriers and complex processes, with a significant value share in the military industrial chain [1] Group 2 - The aerospace ETF (159227) closely tracks the National Aerospace Index, focusing on core areas of military aerospace, with a high concentration in the index where the primary military industry accounts for 98.2%, making it the highest purity military index in the market [1] - Within the ETF's constituent stocks, the weight of aerospace equipment accounts for 66.5%, significantly surpassing the weights in the CSI Military and CSI Defense indices [1] - Short-term individual stocks influenced by military parades may face upward pressure, but most military stocks still possess upward momentum, with expectations for the military industry to achieve a dual boost in fundamentals and industry valuation as market attention increases [2]

Core Viewpoint - The A-share market experienced a rebound on July 8, with the Wind All A index closing at 5388 points, up 1.08%, and trading volume increasing to 1.47 trillion yuan, indicating a positive market sentiment [1] Group 1: Market Performance - The majority of stocks closed higher, with a rise-to-fall ratio of 4282:979, indicating broad market strength [1] - Key sectors that performed well included telecommunications, power equipment, electronics, and building materials, while public utilities and banks saw the largest declines [1] Group 2: Aerospace and Defense Sector - The Aerospace and Defense sector showed signs of stabilization, with the Aerospace ETF (159227) rising by 0.64% and achieving a trading volume of 70.52 million yuan, reaching a total size of 448 million yuan, making it the largest in its category [1] - The Aerospace ETF has seen net inflows for eight consecutive trading days, reflecting a "buy the dip" trend, with a month-on-month growth rate of 154% [1] Group 3: Industry Insights - The increasing importance of air power in modern warfare has made aerospace equipment a focal point for military development, characterized by high technical barriers and significant value within the military industrial chain [1] - Ongoing geopolitical conflicts and rising global military expenditures highlight the technological advantages of Chinese military enterprises in areas such as drones, fighter jets, and missiles, positioning the aerospace sector as a key beneficiary [1] - According to Shenwan Hongyuan, the growing attention on the military industry, coupled with the advancement of the 14th Five-Year Plan and the military equipment replacement cycle, suggests a potential dual boost in fundamentals and industry valuations for the military sector [1]

Group 1 - The core viewpoint of the news is the performance of the China Securities Military Industry Index, which has shown a slight decline recently despite a modest increase over the past month [1] - The China Securities Military Industry Index has decreased by 0.73% to 10,524.13 points, with a trading volume of 25.619 billion yuan [1] - Over the past month, the index has increased by 3.75%, while it has only risen by 0.07% over the last three months and has decreased by 0.46% year-to-date [1] Group 2 - The index comprises ten major military groups and other representative listed companies related to the military industry, reflecting the overall performance of military industry companies [1] - The top ten weighted companies in the index include China Shipbuilding (5.72%), Guangqi Technology (5.28%), AVIC Shenyang Aircraft (4.35%), China Heavy Industry (4.15%), and others [1] - The market share of the index's holdings is 55.25% from the Shanghai Stock Exchange and 44.75% from the Shenzhen Stock Exchange [1] Group 3 - The index's holdings are primarily in the industrial sector (73.17%), followed by information technology (9.43%), materials (9.40%), telecommunications services (6.32%), and consumer discretionary (1.68%) [1] - The index samples are adjusted every six months, with adjustments typically not exceeding 10% of the sample [2] - Special circumstances may lead to temporary adjustments of the index, such as delisting of samples or corporate actions like mergers and acquisitions [2]

Core Viewpoint - The military industry sector is experiencing significant growth, with multiple stocks hitting the daily limit and related ETFs showing strong performance, indicating a bullish sentiment in the market [1][3]. ETF Market Performance - Military-related ETFs, including the Military Leader ETF (512710), have seen substantial gains, with six ETFs rising over 4% in half a day [1][2]. - The Military ETF (512660) recorded a half-day trading volume of 1.548 billion yuan, highlighting its active trading status [1][8]. ETF Share Growth - In less than two months, the Military Leader ETF (512710) and Military ETF (512660) have increased their shares by over 2 billion [3]. - The current technological revolution and industrial transformation are driving demand for advanced military technologies, with a focus on smart technologies, unmanned equipment, and big data applications [3]. Index and ETF Details - The Military Leader ETF (512710) has a scale of 12.902 billion shares and a half-day trading amount of 1.163 billion yuan, tracking the CSI Military Leader Index, which selects 30 leading military companies [4]. - The National Defense ETF (512670) has a scale of 5.278 billion shares and a half-day trading amount of 444 million yuan, tracking the CSI National Defense Index, which includes up to 50 stocks from major military groups [6]. Key Weight Stocks - The top-weighted stocks in the CSI Military Leader Index include: - AVIC Optical (002179) - 9.72% - AVIC Shenyang Aircraft (600760) - 9.53% - Aero Engine Corporation of China (600893) - 8.53% [5]. - The top-weighted stocks in the CSI National Defense Index include: - AVIC Optical (002179) - 6.93% - AVIC Shenyang Aircraft (600760) - 6.79% - Aero Engine Corporation of China (600893) - 6.08% [7].

证券简称： 成电光信 证券代码： 831490 四川省成都市高新区天辰路 88 号 成都成电光信科技股份有限公司 中国证监会和北京证券交易所对本次发行所作的任何决定或意见，均不表明其对注册申 成都成电光信科技股份有限公司招股说明书（申报稿） 本公司的发行申请尚未经中国证监会注册。本招股说明书申报稿不具有据以发行股票的法律效 力，投资者应当以正式公告的招股说明书全文作为投资决定的依据。 本次股票发行后拟在北京证券交易所上市，该市场具有较高的投资风险。北京证券交易所主要 服务创新型中小企业，上市公司具有经营风险高、业绩不稳定、退市风险高等特点，投资者面临较 大的市场风险。投资者应当充分了解北京证券交易所市场的投资风险及本公司所披露的风险因素， 保荐人（主承销商） （广东省广州市黄埔区中新广州知识城腾飞一街 2 号 618 室） 审慎作出投资决定。 中国证监会和北京证券交易所对本次发行所作的任何决定或意见，均不表明其对注册申请文件 及所披露信息的真实性、准确性、完整性作出保证，也不表明其对发行人的盈利能力、投资价值或 者对投资者的收益作出实质性判断或者保证。任何与之相反的声明均属虚假不实陈述。 根据《证券法》的规定 ...