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Recently, the National Defense Science and Technology Bureau to start the first batch of 41 military research institutes restructuring, on behalf of the military industry into the reform of the most critical stage of implementation. We believe that the first batch of 41 military research institutes to start the work, a number of substantial positive is expected to promote military strength. The reform of the military industry includes the integration of the military and the people, the reform of the houses, the reform of the mixed ownership, the reform of the purchasing mechanism, the reform of the research institutes. Although the short term is the stimulating effect of the short term, the medium and long term is the core of the performance improvement and growth of the military listed companies Power, plate valuation center will be up. Short-term price changes are PE, long-term changes in EPS growth and PE center to increase the superposition.
China's own weapons and equipment dressing market will be the world's most advanced technology after the end of the Cold War, the largest number of the largest market space, the vast market, with long-term investment value. The large-scale facelift for a hundred years, - thirteen five and fourteen five large-scale facelift during the object, the Army's 59 tanks, 63 armored vehicles, the Air Force's F-7 fighter, strong 5 fighter, 051 destroyers, 053 frigates, 033 submarines, are designed for the 1960s and 1970s. The large-scale facelift is essentially difficult for the period of the history of the debt too much make up classes, is in their own equipment, the emergence of two generations of the difference between the case, such as -863, -973 plan to the power of the whole country, with a whole Two generations of hard work and sweat, became the world's most advanced weapons and equipment of the country. China has become the second largest economy, such a huge pickup to bring the super large facelift will not appear again.
According to the results of the first half of 2017 notice, we listed on the 145 military listed companies net profit growth conducted a preliminary statistics, military enterprises profit situation in good condition. Among them, 85 military enterprises in the first half to achieve profitability, 14 companies in the first half loss, 46 companies did not announce semi-annual results, accounting for 58.6%, respectively, 9.7%, 31.7%. Profit enterprises, 61 companies to achieve year-on-year growth performance; five companies to achieve a profit, are the workers to join the military enterprises; 19 corporate performance is reduced.
