江苏，首单业务落地了！

Core Viewpoint - The establishment of real estate trust registration trials in various cities, including Jiangsu, marks a significant step in addressing elder care, wealth transfer, and risk isolation, providing replicable practices in the financial sector [1][4]. Group 1: Real Estate Trust Registration Trials - Cities such as Beijing, Shanghai, Guangzhou, Xiamen, and Tianjin have initiated real estate trust registration trials, with notable cases emerging in elder care and asset management [1]. - Jiangsu Province has announced trials in Nanjing and Suzhou, with the first business successfully launched [1]. - Suzhou Trust Company established Jiangsu's first real estate service trust on November 10, with property registration completed on November 17 [1]. Group 2: Elder Care and Wealth Transfer - The case of a female entrepreneur highlights the need for comprehensive elder care solutions that extend beyond financial management to quality of life and posthumous arrangements [2]. - The trust structure provides a "relay guarantee" and asset independence, aligning with the entrepreneur's desire for long-term arrangements and risk isolation [2]. Group 3: Trust Structure and Asset Management - Suzhou Trust employs a comprehensive service model combining "housing for elderly care, special needs, and public welfare," addressing diverse elder care needs while incorporating animal protection into the trust framework [3]. - The trust registration trial ensures clear property rights and comprehensive management, with assets like real estate and cash being transferred into the trust [3]. - Legal oversight is provided by Guohao Law Firm, enhancing the protection of the client's rights [3]. Group 4: Policy and Industry Development - Real estate trusts are seen as a vital practice in promoting elder finance and inclusive finance, supported by the ongoing improvement of trust property registration systems [4]. - The State Council's recent approval emphasizes the establishment of trust property registration mechanisms, facilitating the development of real estate trusts [4]. - The expansion of real estate trust trials aims to break the stereotype that trusts only serve high-net-worth individuals, making financial tools accessible to a broader audience [4]. Group 5: Future Prospects - The value of real estate trusts lies in their ability to isolate and activate assets, transforming dormant real estate into liquid financial assets [5]. - In the context of an aging population, real estate trusts provide innovative solutions for elder care, ensuring housing and financial security for families [5]. - The continuous improvement of trust property registration systems is expected to benefit more groups, addressing diverse social needs and enhancing the warmth of financial services [5].