Industrial Securities(SH:601377) Xin Lang Zheng Quan·2025-11-29 03:16Core Insights - The aging population in China is a significant strategic issue for national development, and actively addressing aging and developing the silver economy is crucial for sustainable development [3][4] - The report emphasizes the need for policy innovation, financial empowerment, and social collaboration to build an inclusive and sustainable elderly care ecosystem [1][3] Industry Overview - The "14th Five-Year Plan" has highlighted the "active response to population aging" as a national strategy, with a focus on developing a coordinated policy mechanism for elderly care and industry [3] - Financial policies are increasingly recognizing "pension finance" as a key growth area for high-quality development [3] Company Positioning - The company, as a state-owned financial enterprise, prioritizes national strategy and social responsibility, particularly in the important area of pension finance [4] - The company has been a pioneer in personal pension finance, being one of the first brokerages to pilot personal pension product distribution, and currently holds nearly 700,000 personal pension investment accounts [4] - The company's pension financial products have shown strong performance, with its first pension target fund achieving a return of 84.25% since inception, and its three-year investment yield ranking first among similar products [4] Future Outlook - The company plans to continue deepening its practices in the pension finance sector, guided by the "15th Five-Year Plan," by enriching its pension financial product offerings and enhancing wealth management services throughout the lifecycle [5] - There will be increased investment in financial technology to improve services for the elderly, along with efforts to educate investors and promote knowledge of pension finance [5] - The company aims to collaborate with various sectors to innovate products and upgrade services, believing that collective efforts will help address aging challenges and activate new momentum in the silver economy [5]