Group 1 - The China Defense Index (399973) has seen a strong increase of 1.16% as of July 24, 2025, with notable gains from stocks such as Philihua (300395) up 11.50%, Yingliu Co. (603308) up 3.73%, and Hongdu Aviation (600316) up 3.60% [1] - A total of 61 companies have released their half-year performance forecasts as of July 18, 2025, with 33 companies expecting profit increases and 28 expecting profit decreases, indicating a recovery in the military industry sector [1] - The military intelligence sector is becoming a key focus for major countries, with emerging equipment such as intelligent and unmanned systems expected to drive a wave of demand and transformation in the military industry [1] Group 2 - The Defense ETF closely tracks the China Defense Index and includes companies under the top ten military groups and those providing equipment to the armed forces, reflecting the overall performance of defense industry stocks [2] - As of June 30, 2025, the top ten weighted stocks in the China Defense Index account for 43.29% of the index, with significant companies including AVIC Shenyang Aircraft (600760) and AVIC Engine (600893) [2] - The management and custody fees for the Defense ETF are the lowest in its category at 0.40%, making it the only ETF with such a low fee structure among 13 similar ETFs [2]

Group 1 - The China Defense Index (399973) has increased by 0.77%, with notable gains from stocks such as Steel Research High-tech (300034) up 7.49% and China North Industries Group (000519) up 4.88% [1] - The Defense ETF (512670) has risen by 0.62%, marking its fourth consecutive increase, with the latest price at 0.82 yuan [1] - Upcoming military trade equipment exhibitions in Inner Mongolia and Shenyang are expected to attract major clients, providing positive catalysts for the defense sector [1] Group 2 - The China Defense Index tracks listed companies under the top ten military industrial groups and those providing weaponry and equipment to the armed forces, reflecting the overall performance of defense industry stocks [2] - As of June 30, 2025, the top ten weighted stocks in the China Defense Index account for 43.29% of the index, including companies like AVIC Shenyang Aircraft (600760) and AVIC Engine (600893) [2] - The Defense ETF has the lowest management and custody fees among its peers at 0.40%, making it the only one in its category [2]

Group 1 - The core viewpoint of the news is the performance of the China Defense Index, which has shown significant growth over the past month, three months, and year-to-date, indicating a positive trend in the defense sector [1][2] - The China Defense Index has increased by 7.16% in the last month, 10.26% in the last three months, and 10.50% year-to-date, with a current value of 1589.12 points and a trading volume of 24.275 billion yuan [1] - The index comprises listed companies under the ten major military industrial groups and those providing weaponry and equipment to the armed forces, reflecting the overall performance of defense industry stocks [1] Group 2 - The top ten weighted stocks in the China Defense Index include AVIC Shenyang Aircraft (7.9%), AVIC Optoelectronics (6.1%), Aero Engine Corporation of China (6.0%), and others, indicating a concentration in specific companies [1] - The market distribution of the index shows that the Shanghai Stock Exchange accounts for 56.19% and the Shenzhen Stock Exchange for 43.81%, highlighting the geographical distribution of investments [2] - The industry composition of the index indicates that 75.06% is in the industrial sector, 12.42% in materials, 7.07% in information technology, and 5.45% in communication services, reflecting the focus on industrial applications [2]