独家！沈明高，到龄退休！

Group 1 - Shen Minggao, the global chief economist of GF Securities, is retiring due to reaching the legal retirement age in February 2026, not due to rumors of leaving the company [1] - Shen Minggao has extensive experience in economic research, having worked in various prestigious institutions and financial organizations since 1988, including the State Council and Citibank [2] - His recent public appearance was at the 2025 Greater Bay Area Technology and Financial Innovation Development Conference, where he discussed the challenges of scaling technological financial innovation [2] Group 2 - Shen emphasized the need for a financial ecosystem that can scale to support modern industrial systems, which is crucial for nurturing globally competitive technology enterprises [2] - He noted that the 14th Five-Year Plan explicitly outlines a framework for a modern industrial system, indicating a shift from merely emphasizing technological innovation to integrating technology with industry [3] - This integration requires balancing the service of "industrialization of technology" and "technologization of industry" [3]