Cai Jing Wang·2025-12-29 04:00Core Viewpoint - China Life is leveraging its comprehensive financial advantages to enhance pension fund reserves, explore new models for elderly care services, and increase support for the silver economy, aiming to integrate financial resources into the pension sector effectively [1] Group 1: Pension Fund Management - As of Q3 2025, China Life's pension insurance company is providing investment management services for over 75 billion yuan in basic pension insurance funds, achieving top rankings in specific investment portfolios [1] - The cumulative scale of enterprise annuities and occupational annuities managed by China Life's pension insurance company exceeds 2.1 trillion yuan, maintaining the leading position in the industry [1] - The third pillar of pension finance development is highlighted, with Guangfa Bank, a member of China Life Group, having opened over 3.4 million personal pension accounts and offering more than 220 personal pension products [1] Group 2: Elderly Care Community Development - The "Guangfa Garden" brand, developed by China Life's Guoshou Health Investment Company, focuses on professional elderly care operations, with various product lines including comprehensive elderly care communities and boutique elderly apartments [1][2] - The suburban CCRC elderly care communities are strategically located in cities like Beijing, Tianjin, Chengdu, and Xiamen, catering to a wide range of elderly care needs from self-care to nursing [2] - The urban boutique elderly apartments primarily serve elderly individuals requiring care and are actively being developed in cities such as Qingdao, Shijiazhuang, Hangzhou, Kunming, and Shenzhen [2] Group 3: Innovative Community Projects - China Life's Guoshou Health Investment Company is collaborating with the Shenzhen government to innovate three "embedded" community elderly care projects, aimed at providing affordable care options for the working class [2] - The "Guangfa Garden" community emphasizes a professional care system that ensures peace of mind for families and comfort for the elderly, supported by a unique service standard system comprising 291 standards [2] - China Life has completed elderly care project layouts in over ten cities, including Beijing, Tianjin, Suzhou, and Chengdu, with plans to accelerate development in 26 key cities nationwide [2]