What opportunities are there now that the US-Iran war has broken out?

February 28th, alarms sounded across Israel; explosions heard in the Iranian capital. Israel announced attacks on Iran.

Related Industry Concepts Overview

1. Military Industry Sector (Direct Beneficiaries)

Aerospace Rainbow: Leading drone manufacturer, validated in Middle East combat, integrated reconnaissance and strike drones benefit from military trade demand.

AVIC Shenyang Aircraft: Core assembly of J-35, leading manufacturer of advanced fighter jets, stable military position within the military industry sector.

GaoDe Hongwai: Infrared thermal imaging equipment with 22% market share in the Middle East, supplier of key components for missile guidance and battlefield reconnaissance.

China Satellite: Leader in military remote sensing and communication satellites, essential for battlefield intelligence and command communication, satellite application system provider.

Aerospace Electronics: Providers of missile guidance systems and drone control systems, core technology for precision strikes, key military electronics stocks.

China North Industries Red Arrow: Main business in missile ammunition and ultra-hard materials, core enterprise in missile industry chain.

Morningstar Aviation: Aerospace electromechanical and drone control systems, leading in military electronics niche.

Great Wall Military Industry: Ammunition, weapons, fuzes, and detonators, core supplier of individual soldier combat equipment.

Beijing Chemical Industry Co., Ltd.: Leader in nitrocellulose and military protective materials, key supplier for ammunition and soldier protection, prominent in military materials.

Hollevo: Leader in radar and electronic warfare testing, core supporting enterprise for missile defense systems, rare stock in military testing field.

China UAV: Wing Loong series drones, major exporter of large integrated reconnaissance and strike drones, huge potential in Middle East market.

Aero Engine Power: Leader in aircraft engines, core power source for fighter jets and drones, absolute monopoly in military power systems.

Inner Mongolia First Machinery Group: Main battle tanks, wheeled armored vehicles, leader in ground equipment, key target for modernizing the army.

Aerospace Electrical: Leader in military connectors, supplier of core components for air defense systems and missile weapons, foundational military electronics parts.

Steel Research High-Nano: Leader in high-temperature alloys, supplier of key materials for missiles and engines, core enterprise in new military materials.

2. Gold (Safe Haven Preference)

Shandong Gold: Pure gold mining stock, largest domestic gold producer, most elastic to gold price increases.

Zijin Mining: Dual focus on gold and copper, global resource layout, benefits from safe-haven demand and commodity price rises.

China National Gold Group: State-owned enterprise with abundant gold reserves, advanced smelting technology, core for safe-haven asset allocation.

Hunan Gold: Diversified in gold, antimony, tungsten, benefiting from precious metal price increases.

Chifeng Gold: Highly elastic gold stock, overseas gold mine holdings, strong performance with rising gold prices.

Western Gold: Leading gold producer in Xinjiang, regional resource advantages.

Sichuan Gold: Gold resources in western Sichuan, a relatively new gold stock with small circulating shares and high elasticity.

Lao Fengxiang: Leading gold jewelry retailer, benefits from rising gold prices boosting product premiums and sales, benefiting gold consumption.

Shengda Resources: Silver mining and by-product gold, directly benefits from soaring silver prices, comprehensive layout in precious metals industry chain.

3. Minor Metals (Strategic Metals)

Xiamen Tungsten: Largest tungsten smelting enterprise globally, first in tungsten powder and carbide capacity, also developing rare earths and new energy materials.

China Tungsten High-Tech: Absolute leader in domestic hard alloy sector, widely used in military cutting tools and aerospace components.

Zhangyuan Tungsten: Upstream tungsten ore resources, midstream smelting, downstream deep processing, leading capacity in tungsten concentrates domestically.

Xianglu Tungsten: Focused on tungsten wires and electrodes, widely used in aerospace and military electronics.

Tin Industry Co., Ltd.: Top global tin producer, over 40% domestic market share, complete tin industry chain, also owns indium and other rare metals.

Huaxi Nonferrous: Leader in tin, antimony, zinc industry, stable market share in tin concentrates and ingots, domestic lead in antimony reserves.

Industrial Silver Tin: Major producer of silver, tin, lead, zinc, antimony, with strong resource utilization.

Jin Moly: Largest molybdenum producer worldwide, leading capacity in molybdenum concentrates, molybdenum powder, and molybdenum oxide, widely used in military and high-end manufacturing.

China Rare Earth: Benchmark enterprise in rare earth smelting and separation, controlled by Guangdong Rare Earth Industry Group, high market share.

China Rare Earth: Southern ion-type rare earth leader, significant in heavy and medium rare earths used in high-end military equipment, higher strategic value.

Baogang Steel: Largest global supplier of rare earth concentrates, benefits from rising rare earth prices and strategic reserves, quarterly price adjustments increase profits.

Northern Rare Earth: Largest light rare earth producer globally, used in new energy vehicles and wind power, with full rare earth permanent magnet industry chain.

Guoyan Platinum: Leader in domestic precious metal new materials, products include special functional materials, industrial catalysts, vehicle exhaust catalysts.

Yunnan Germanium: Leading domestic germanium resource enterprise, global capacity in germanium single crystals and optical components, used in military radar, infrared detection, semiconductors.

Eastern Tantalum: Only listed company in domestic tantalum-niobium industry, used in aerospace, nuclear industry, electronics, irreplaceable.

Baotai Co.: Leader in titanium materials, titanium alloys used in aerospace and military equipment, over 40% domestic market share.

Baowu Magnesium: Global leader in magnesium alloys, used in lightweight military and aerospace equipment, reducing weight by 30-50% to improve mobility.

Eastern Zirconium: Leading domestic zirconium enterprise, used in nuclear reactors, military ceramics, aerospace engines, with high strategic value.

4. Energy Sector (Supply Tightness Logic)

5. Upstream Oil & Gas Extraction

Intercontinental Oil & Gas: One of the few A-share listed companies with core oil and gas projects in Iraq, escalating conflicts boost Middle East resource valuation, accelerating Iraqi government energy projects.

CNOOC: Leading offshore oil and gas company, highly sensitive to oil prices, tense Middle East situation directly benefits performance.

PetroChina: Leading domestic crude oil producer, integrated industry chain, benefits from rising oil prices and import substitution.

China National Petroleum Corporation (CNPC): Overseas exploration and development leader, with assets in Iraq and Middle East, directly benefiting from regional conflicts.

Sinochem Energy: Dual business in LNG and coal, energy transition target, rising oil prices drive natural gas prices.

Shandong Oil: Retailer of refined oil, rising oil prices increase gross margins, extensive regional sales network.

Blue Flame Holdings: Leader in coalbed methane extraction, unconventional natural gas supplier, benefits from energy structure transition.

2. Oilfield Services

Tungyue Petroleum: Oil and gas production enhancement services, over 60% overseas business, highly elastic to Middle East orders.

Potential Hengxin: Global leader in oil and gas exploration technology services, integrated seismic data processing and interpretation.

Xinjing Power: Oil and gas drilling equipment, flexible stock in oil services.

Beiken Energy: Focused on Middle East and Central Asia, high-pressure jet drilling technology barrier, high order elasticity.

Zhunyou: Specialized in oil technology services, providing full-process solutions for oil and gas extraction.

Jereh: Fracturing equipment leader, benefits from increased capital expenditure by oil and gas companies.

CNOOC Services: Offshore oil and gas services leader, drilling platforms, engineering services.

Sinopec Oilfield: Onshore oil and gas services leader, EPC of oil engineering projects.

Bomi: Offshore EPC service provider, key in offshore platform construction, high overseas business ratio.

HuiBoPu: Oil and gas treatment equipment supplier, key Middle East participant, leading in oil and gas purification technology.

3. Oil Transportation (Freight Rate Rise Logic)

COSCO Shipping Energy: VLCC oil shipping leader, geopolitical conflicts push up freight rates.

China Merchants Energy Shipping: Dual business in oil and dry bulk shipping, increased energy transportation demand benefits.

China Merchants Nanyang Oil: Refined oil transportation leader, rising freight and insurance costs.

Shenghang Co.: Domestic and international oil shipping, chemical tanker leader, high freight elasticity, niche advantages.

5. Shipping Sector (Regional Transport Substitution, Red Sea Detour Logic)

COSCO Shipping Holdings: Container shipping core, detours around Cape of Good Hope increase voyage distances, favorable for freight rates.

COSCO Shipping Development: Container manufacturing and leasing leader, increased shipping demand boosts container needs.

COSCO Shipping Specialized: Leader in special vessel transportation, heavy cargo and engineering equipment.

HuaShi Technology: Shipping safety monitoring system provider, benefits from increased maritime safety demand, shipboard intelligent systems provider.

Ningbo Shipping: Dry bulk transportation, coastal shipping leader, longer routes drive freight rate increases.

6. Chemical Sector (Substitution and Price Rise Logic)

Hualu Hengsheng: Leader in coal chemical industry, substitutes Middle Eastern petrochemical products, cost advantages evident.

Xingfa Group: Phosphorus chemical leader, lithium iron phosphate raw material supplier, benefits from energy price increases.

Wanhua Chemical: Polyurethane leader, global capacity deployment, benefits from rising chemical prices.

Cangzhou Dahua: Urea and TDI leader, supply disruptions in the Middle East favor domestic capacity.

Luxi Chemical: Coal and salt chemical raw material supplier.

Satellite Chemical: Light hydrocarbon cracking for ethylene, import substitution logic, energy price increases drive product premiums.

Rongsheng Petrochemical: Integrated refining and chemical production, Middle East crude oil supply risks promote domestic capacity substitution.

7. Other Beneficiary Sectors

8. Air Defense & Missile Defense

Aerospace Electrical: Military connector leader, core component supplier for air defense systems.

Aero Engine Technology: Aircraft engine parts supplier, core power for fighter jets and drones.

Steel Research High-Nano: High-temperature alloy leader, key materials for missiles and engines.

Tianhe Defense: Air defense radar, command systems, end-defense providers, core military electronics.

Xinwei Communications: RF device supplier for military drones, radar, communications; increased defense spending due to Middle East tensions, rising demand for military communication equipment.

Fenghuo Communications: Key supplier for China SatNet, supporting Blue Arrow Aerospace’s low Earth orbit constellation, high laser inter-satellite communication barrier (self-developed 100Gbps terminals with over 90% localization), Middle East conflicts accelerate low Earth orbit satellite constellation deployment.

2. Cybersecurity & Information Security

NSFOCUS: Leading cybersecurity firm, core provider of military network protection.

Hanteng Information: Data security leader, battlefield information system protection solutions.

Venus Star: Cybersecurity operations leader, core military information security target, offensive and defensive capabilities.