The military industry sector bucked the trend and rose during the session. Great Wall Military Industry rose by the daily limit. Tianqin Equipment, Pagoda Industrial, Tianhai Defense, Northern Changlong, Jianglong Shipbuilding, etc. quickly followed suit. Zheshang Securities pointed out that with the gradual recovery of orders from military industry chain companies in 2024, military electronics, military communications and other related fields are expected to fully benefit. The national defense industry is expected to usher in an accelerated period of weapons and equipment modernization and digital upgrades.