Group 1 - The article highlights the modular and systematic composition of the aerial fleet, which includes advanced early warning command aircraft, fighter jets, bombers, and transport aircraft, covering the main combat aircraft types currently in service with the military [2] - It mentions that many of these aircraft are well-known star equipment and some are making their first public appearance [2]

Group 1 - The core viewpoint of the article emphasizes the significance of the upcoming September 3rd military parade, highlighting its role in showcasing China's military modernization and historical legacy [3]. - The parade will feature multiple "firsts," including the first display of new military equipment and the first participation of militia units in a parade commemorating the Anti-Japanese War [3]. - The air formation will include a modular and systematic grouping of various aircraft types, covering the current main battle aircraft of the military, with many star equipment making their debut [3]. Group 2 - The event marks a new chapter in the comprehensive promotion of Chinese-style modernization, representing a fresh appearance of the People's Army as it approaches its centenary [3]. - The selection of weapons and equipment for the parade is entirely based on domestically produced active main battle equipment, with a significant proportion of new equipment making its first public appearance [3]. - The parade will also showcase a mix of land, sea, and air-based strategic assets, including hypersonic precision strike capabilities and unmanned systems, which will be displayed for the first time [3].

Group 1 - The core viewpoint of the news is that the upcoming military parade emphasizes historical heritage while incorporating modern elements, showcasing multiple "firsts" in its design [1] - This parade marks the first time the People's Liberation Army will present itself in a new light as it embarks on a new journey towards Chinese-style modernization [1] - The new structural layout of the military forces will be prominently displayed for the first time during the parade [1] Group 2 - The weapons and equipment featured in the parade are selected from domestically produced active combat equipment, with a significant proportion of new types making their debut [3] - Both ground and aerial equipment will be organized in a modular and systematic manner, including strategic assets from land, sea, and air, as well as advanced unmanned and counter-unmanned systems, which will also be showcased for the first time [3] - The aerial formation will consist of advanced early warning command aircraft, fighter jets, bombers, and transport aircraft, covering the main combat aircraft types currently in service, with many star equipment making their first public appearance [5] Group 3 - This year's parade will also include a militia formation, marking the first participation of the militia in a parade themed around commemorating the War of Resistance [7]

Core Points - The upcoming military parade on September 3rd marks the first event in the new journey of advancing Chinese-style modernization and showcases the People's Army's new appearance as it celebrates its centenary [3] - This parade will feature a significant proportion of new domestic military equipment, highlighting the modernization of China's military capabilities [5][17] - The event will also include a militia formation for the first time, commemorating the victory in the Anti-Japanese War [9] Summary by Categories Historical Significance - The parade emphasizes the military's unwavering commitment to the Party and reflects the political achievements and training outcomes of the armed forces [11] - It serves as a reminder of the victory in the Anti-Japanese War, showcasing the achievements of national defense and military construction [13] Military Structure and Capabilities - The military has established a new structure comprising "four services + four branches," which will be prominently displayed during the parade [15] - The showcased military equipment is selected from current active combat gear, demonstrating the military's capability to defend national sovereignty and maintain world peace [17] Rehearsal and Preparation - Three comprehensive rehearsals were conducted in August, with participation from approximately 22,000 to 40,000 personnel, ensuring the event's organization and execution meet expectations [21][24][27]

Core Viewpoint - The military industry sector is experiencing significant momentum, driven by upcoming military parades and strong market performance, with the defense and military index showing a notable increase [1][2]. Group 1: Market Performance - The defense and military sector index rose by 1.76% as of August 25, with a historical high trading volume of 1.5 trillion yuan in July [1]. - The military index has achieved its first three consecutive monthly gains since August 2022, indicating a strong recovery [1]. - Several companies within the sector have reached all-time high stock prices this year, following the index's breakthrough of last year's high point of "924" [1]. Group 2: Fundamental Analysis - The military sector's fundamentals are improving, with expectations of significant growth in earnings for companies in shipbuilding, defense, and aerospace [2]. - Aerospace Technology is projected to see a net profit increase of over 16 times year-on-year for the first half of 2025, while China Shipbuilding anticipates a nearly 120% increase in net profit [2]. Group 3: Geopolitical Influence - Geopolitical tensions, such as conflicts in India-Pakistan and Israel-Palestine, have heightened market interest in military trade, positively impacting the valuation of the military sector [2]. - The expansion of military trade is expected to enhance the overall valuation levels of the sector, contributing to a second growth curve [2]. Group 4: Capital Inflows - There has been a substantial inflow of passive investment, with the military-themed ETF size increasing from 29.733 billion yuan at the beginning of the year to 53.604 billion yuan, an increase of over 80% [3]. - Public fund holdings in military stocks reached 112.296 billion yuan by the end of Q2 2025, marking a 23.14% increase, indicating optimism from professional institutions [3]. Group 5: Foreign Investment - Foreign investment in the military sector has also increased, with foreign holdings reaching 35.5 billion yuan by the end of Q2, a 13% increase [4]. - Margin trading data shows a recovery in retail investor enthusiasm, with the margin balance for the defense and military sector reaching 48.452 billion yuan, up 14% from the beginning of the year [4].

Group 1 - The core viewpoint of the news is the successful preparation for the upcoming military parade, which will take place on September 3, commemorating a significant victory in history [1][3] - The parade will consist of two main segments: a ceremonial review and a display of troops and equipment, lasting approximately 70 minutes with 45 formations [3][4] - This parade marks several firsts, including being the first to showcase the modernization of the Chinese military and the first concentrated display of the new structure of military forces under the leadership of the Party, State, and Army flags [3][6] Group 2 - The parade will feature a significant number of new domestic military equipment, with a large proportion of newly unveiled models, including advanced strategic weapons and unmanned systems [4][12] - The aerial formation will include various types of aircraft, showcasing the comprehensive capabilities of the current military aviation fleet, with many models making their public debut [4][11] - The design of the parade emphasizes the display of new domains and qualities of military power, including unmanned, underwater, and cyber warfare capabilities [8][10] Group 3 - The foot formations will represent both historical and modern military forces, symbolizing the legacy of the anti-Japanese war and the new military structure [9][10] - The equipment formations will be organized into combat groups, highlighting the latest advancements in military technology and the ability to conduct modern warfare [10][12] - The military band will incorporate historical elements while showcasing contemporary features, with specific arrangements symbolizing the 80th anniversary of the victory in the anti-Japanese war [11][12]

Core Viewpoint - The recent military parade marks a significant event in promoting China's modernization and showcases the evolution of the military, emphasizing the spirit of resistance and national pride [2][4]. Group 1: Overview of the Parade - The parade lasted approximately 70 minutes and was divided into a ceremonial inspection and a display of various military formations [2]. - It featured 45 formations, including aerial flag-guarding teams, foot formations, battle flag formations, equipment formations, and aerial teams, highlighting the military's growth under the leadership of the Communist Party [2][3]. Group 2: Symbolism and Themes - The foot formations represented a blend of historical and modern military forces, with participants from historical resistance groups and new military structures [3]. - The battle flag formations showcased significant flags from various periods and regions, symbolizing the continuity of the great spirit of resistance [3]. Group 3: Equipment and Capabilities - The equipment formations were organized into various combat groups, including land, sea, air, and strategic strike units, featuring modern warfare equipment and national defense assets [3][4]. - A significant portion of the showcased equipment was newly unveiled, demonstrating the military's advanced capabilities in safeguarding national interests and maintaining global peace [4].

Core Viewpoint - The news conference held by the State Council Information Office introduced the preparations for the upcoming military parade, highlighting its significance in showcasing China's military modernization and capabilities. Group 1: Parade Structure and Composition - The parade will feature 45 formations, including air defense, infantry, and equipment units, reflecting a blend of traditional and modern military forces [3][8]. - The infantry formations represent both "old" anti-Japanese forces and a "new" military structure, emphasizing the integration of various armed forces [3]. - The equipment formations will be organized into combat groups for land, sea, air, and information warfare, showcasing a comprehensive military strategy [3]. Group 2: New Equipment and Innovations - This parade marks the first public display of many new domestic military equipment, with a significant proportion being newly introduced models [9][10]. - The air formation will include advanced aircraft types, many of which are debuting publicly, demonstrating the rapid development of China's air combat capabilities [9]. - The parade will also feature next-generation weapons, including unmanned systems and electronic warfare capabilities, highlighting advancements in modern warfare technology [11]. Group 3: Historical Significance and Themes - The parade is positioned as a significant event in the context of China's modernization journey and the centenary of the People's Army, representing a new chapter in military display [8]. - Emphasis will be placed on the historical elements of the Anti-Japanese War, connecting the current military capabilities with historical legacy [12].

Core Viewpoint - The press conference held by the State Council Information Office on August 20 highlighted the preparations for the military parade, showcasing the advancements in the air combat capabilities of the military [1] Group 1: Air Force Developments - The aerial formation is organized in a modular and systematic manner, consisting of advanced early warning command aircraft, fighter jets, bombers, and transport aircraft [1] - The formation includes the main combat aircraft currently in service, with many being popular equipment that has garnered public attention [1] - Some of the showcased equipment will make its debut, demonstrating the significant advancements in the military's air combat capabilities [1]

Core Viewpoint - The military parade represents the first step in advancing Chinese-style modernization and showcases the People's Army's new image as it approaches its centenary [3]. Summary by Sections Overview of the Parade - The parade consists of two main parts: the ceremonial review and the display of troops, lasting approximately 70 minutes [4]. Ceremonial Review - Troops will be arranged along Chang'an Avenue to be reviewed by Xi Jinping, General Secretary of the Communist Party, President, and Chairman of the Central Military Commission [5]. Troop Display - The display will follow a sequence including aerial flag-guarding teams, foot formations, battle flag teams, equipment teams, and aerial formations [6]. Composition of the Parade - The parade will feature 45 formations [7]. Representation of Historical and Modern Forces - The foot formations will highlight a blend of "old and new," showcasing veteran troops from the Anti-Japanese War alongside new military structural layouts [8]. Equipment Display - The equipment formations will be organized for practical joint operations, including land, sea, air, and information warfare groups [9]. Aerial Formation - The aerial formation will include a modular and systematic grouping of advanced aircraft, covering the main combat aircraft types currently in service, with some making their public debut [10]. New Military Structure - The parade will prominently display the new layout of military forces under the guidance of the Party, national, and military flags [11]. Preparations for the Parade - All preparations for the parade have been largely completed, with troops ready to accept the review on September 3, a day of significant historical importance [12]. First-time Displays - Certain strategic assets, including advanced unmanned systems and counter-drone equipment, will be showcased for the first time [13]. Training Standards - The training for the parade adhered to combat standards, utilizing wartime command structures for planning and execution [14]. Technological Integration in Training - The training process incorporated advanced technologies such as Beidou positioning and intelligent assessment systems to enhance training efficiency and effectiveness [15].