Industrial Securities(SH:601377) Zhong Guo Jing Ji Wang·2025-12-01 10:05Core Insights - The report released by UNDP and Industrial Securities focuses on the opportunities in the aging economy, emphasizing the importance of building an inclusive and sustainable elderly care ecosystem [1][2] - Industrial Securities has positioned itself early in the personal pension finance sector, being one of the first brokerages to pilot personal pension product distribution, with nearly 700,000 personal pension investment accounts opened [1] - The total scale of the pension fund managed by its subsidiary, Xingsheng Global Fund, is nearly 6 billion, with the first pension target fund achieving a return of 84.25%, ranking first in investment returns among similar products over the past three years [1] Report Highlights - The joint report titled "Financial Empowerment of China's Silver Economy: Promoting Inclusive and Sustainable Development in an Aging Society" identifies two core areas: matching the multi-level pension needs of the elderly with service supply and recognizing investment opportunities within the silver economy [2] - Additional reports focus on the construction of the elderly care service system and the well-being of the elderly population, addressing issues such as the significant structural differences in demand and regional imbalances in supply [2] - The report on the multidimensional vulnerability of the elderly population provides data assessments of the overall well-being of the elderly, offering a basis for precise service supply [2]