According to a recent research report by CICC, the global geopolitical landscape remains volatile, fostering expectations of sustained rapid growth in China's defense expenditures. While notable advancements have been achieved in national defense informatization, there persists a scope for enhancement in systemic coordination and global information support capabilities. This marks a phased disparity when benchmarked against militarily advanced nations. In the realm of AI+military integration, China's military boasts distinctive strengths but necessitates ongoing refinement. Military communications, serving as the linchpin linking command and combat systems, play a pivotal role in the progression towards informatization and intelligence. Investors are advised to keep a close eye on potential investment opportunities within related industrial chains, encompassing military AI, satellite internet, military wireless communication, Beidou navigation, and phased array radar.