[Citic Construction Investment: the performance growth rate of the military industry plate is currently at the bottom and is expected to pick up in the second half of the year] on May 16, the CITIC Construction Investment Securities Research report believes that the military industry is currently in the triple bottom range of plate valuation, performance growth, and capital allocation, with significant investment value. With a new round of economic upswing and capacity expansion, the industry is expected to return to the upward channel, and the plate is expected to have an inflection point in the second quarter. It is recommended to subdivide the track leading companies, the first choice is "high prosperity track, high proportion of military products, fast performance growth", and the second is "low valuation quartile, large marginal change". At the same time, focus on military trade, national reform benefit target.