Group 1 - The rise of "retirement clubs" is providing new options for retirees, breaking traditional stereotypes of aging with vibrant and fashionable activities like AI painting and rock climbing [1][4][6] - The "retirement club" phenomenon is gaining popularity across the country, primarily attracting members aged 50 to 65, indicating a significant market potential in the silver economy, projected to reach 30 trillion yuan by 2035 [8][9] - The shift in elderly consumers' preferences from basic living needs to socializing, learning, and self-fulfillment is driving a comprehensive upgrade in commercial scenarios [9][16] Group 2 - Shopping malls are adapting to the changing consumption logic of older adults, focusing on "social + learning + nostalgia" rather than just shopping, leading to innovative service models [11][16] - A "silver-themed mall" in Chongqing has transformed its space to evoke emotional resonance and introduced branches of elderly universities, reflecting the trend of catering to older consumers [14][20] - The opening of a silver-themed mall saw a 307% increase in sales and a 205% increase in foot traffic on its opening day, highlighting the economic potential of the silver market [18] Group 3 - The silver economy is fostering new growth points across various industries, prompting a wave of "age-friendly transformations" from service upgrades to product innovations [20] - Retailers are increasingly offering products specifically designed for older adults, such as height-adjustable smart toilets and multifunctional smart wristbands, indicating a strong demand in this segment [23][24] - The market for specialized products, like chess sets tailored for seniors, is experiencing high demand, showcasing the evolving needs of the elderly demographic [21]

Core Insights - The article highlights the transformation of a community canteen in Hangzhou into a modern dining hub, catering to over 800 visitors daily and serving as a "community living room" for different generations [3][4][6] Group 1: Community Canteen Development - The community canteen has expanded from 50 square meters to nearly 400 square meters within six months, indicating significant growth and demand [3] - Daily operations include a diverse menu that appeals to both elderly residents and younger families, showcasing the canteen's role in enhancing community life [5][6] - The canteen provides various amenities, such as wheelchair access and child-friendly facilities, making it a versatile space for all age groups [6] Group 2: Silver Economy and Policy Innovation - The canteen's success reflects a broader trend in Hangzhou's silver economy, driven by policy innovations and a shift towards market-oriented elder care services [7][8] - The city has launched a three-year action plan aimed at improving elder care services, emphasizing the importance of community-based support systems [7] - The collaboration between government, enterprises, and traditional brands in the community canteen model exemplifies the integration of social forces in elder care [8] Group 3: Social Impact and Future Directions - The initiative represents a shift from basic elder care to enhancing quality of life, aligning with national strategies to address population aging [8] - The development of the canteen contributes to intergenerational harmony and community cohesion, positioning it as a vital platform for social engagement [8] - Continuous innovation in service delivery and facility enhancement is essential for building a resilient elder care system in Hangzhou [8]

Core Insights - Community home-based elderly care services are a crucial supplement to traditional family care models, addressing the needs of the aging population in China and alleviating the burden on family caregivers [1][10] - The market size of China's community home-based elderly care services is projected to grow from 52.42 billion yuan in 2016 to 1,149.12 billion yuan by 2024, with a compound annual growth rate (CAGR) of 47.1% [1][10] - By 2025, the market size is expected to reach 1,310.4 billion yuan, driven by the deepening aging process and the continuous improvement of the elderly care service system [1][10] Industry Overview - Community home-based elderly care services integrate family, community, and social resources to provide specialized support for elderly individuals living at home, including daily care and rehabilitation services [3][5] - The service model includes home visits and daytime care, covering 14 basic service categories such as meal assistance, bathing assistance, and health monitoring [3][5] Market Dynamics - The number of individuals aged 65 and above in China has increased from 144.24 million in 2015 to an estimated 220.23 million by 2024, with an aging rate rising from 10.5% to 15.64% during the same period [8] - The growing elderly population and the resulting demand for daily care services are driving the development of community-based home care models, which are part of the "9073" elderly care system [8] Policy Support - The Chinese government has introduced various policies to support the community home-based elderly care sector, including financial subsidies, tax incentives, and standard regulations, which have stimulated market vitality and diversified service supply [8][10] - Recent policies aim to enhance the basic elderly care service system, promote community-based care, and encourage the integration of community resources for elderly services [8][10] Industry Structure - The community home-based elderly care service industry features a diverse competitive landscape, including government-supported public organizations, market-oriented professional institutions, and community social organizations [11] - Key players in the industry include Beijing Sijiejiatong Information Technology Co., Ltd., Lion City Yian (Shanghai) Property Management Co., Ltd., and Jiangsu Ruizhikang Health Industry Group Co., Ltd., among others [11][12] Future Trends - The integration of smart technology and data analytics is expected to enhance service efficiency in community home-based elderly care, with applications such as health monitoring devices and AI-assisted care [12][13] - There will be a growing emphasis on personalized and customized services tailored to the specific needs of elderly individuals, including health management and psychological support [13] - Increased government support is anticipated, including expanded long-term care insurance trials and improved regulatory frameworks to enhance service quality and protect elderly rights [14][15]

Core Insights - The company aims to establish an integrated smart service system focusing on education, healthcare, and elderly care, addressing lifelong learning and health needs [1][2][3] Financial Performance - In the first half of the year, the company achieved revenue of 925 million yuan, gross profit of 398 million yuan, and adjusted net profit of 204 million yuan [1] Education Sector Developments - The company operates three applied undergraduate universities, with a total enrollment of nearly 58,000 students, reflecting a 1.8% increase compared to the same period in 2024 [1] - The education resource output business has upgraded its service system using large models and intelligent agents [1] Healthcare and Elderly Care Integration - The company has strategically expanded into the silver economy market, with significant growth in its healthcare services, including a 34% increase in inpatient and surgical volumes at its cardiovascular hospital [2] - The occupancy rate of the elderly care facility exceeded 88%, and the company has acquired a stake in Xikang Yunsh, enhancing its wellness tourism services [2] Smart Elderly Care Platform - The company has made notable progress in building a city-level smart elderly care platform, integrating various functions such as government regulation and research innovation [2] - The "Shengqing Kangyang" platform was launched in Shenyang, with a similar platform in Dalian entering internal testing [2] Future Business Strategy - The company plans to extend its business scenarios from physical to digital spaces, creating a network that integrates university campuses, training bases, and urban spaces [3] - The focus will be on talent development, service platforms, and the construction of integrated healthcare and elderly care campuses [3]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負 責，對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部 或任何部份內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 海外監管公告 本公告乃根據《香港聯合交易所有限公司證券上市規則》第13.10B條而作 出。 茲載列中國平安保險（集團）股份有限公司在上海證券交易所網站刊登的 根據中國會計準則編制的「中國平安保險（集團）股份有限公司2025年中 期報告」，僅供參閱。 承董事會命 盛瑞生 公司秘書 中國深圳，2025年8月26日 於本公告日期，本公司的執行董事為馬明哲、謝永林、郭曉濤、付欣及蔡方方；非執行 董事為謝吉人、楊小平、何建鋒及蔡潯；獨立非執行董事為伍成業、儲一昀、劉宏、吳 港平、金李及王廣謙。 二零二五年中报 目录 关于我们 公司管治 | 重要提示及释义 | 1 | | --- | --- | | 我们是谁 | 3 | | 公司使命 | 4 | | 时代机遇 | 5 | | 公司战略 | 6 | | 经营亮点 | 10 | | 董事长致辞 | 12 | | 财务摘要 | 15 | 经营情况讨论及分析 | 综合金融 ...

Group 1 - The core viewpoint emphasizes the importance of elderly care and the establishment of a comprehensive elderly care service network across various regions in China [1] - A national standard for elderly furniture design has been approved, set to be implemented on February 1, 2026, focusing on safety and usability for seniors [2] - The design guidelines for elderly furniture include using soft colors, natural materials, and adjustable features to enhance safety and comfort [2] Group 2 - Shandong Weihai has developed a three-tier elderly care service network that integrates medical and wellness support at the county level, resource hubs at the town level, and community-based mutual assistance at the village level [5] - The "15-minute elderly service circle" in Weihai includes 51 centers providing various services to over 30,000 seniors [7] - In rural areas, a low-cost mutual assistance model allows elderly residents to receive meals and support at home, promoting the concept of "aging in place" [9] Group 3 - Harbin is focusing on refined services to build a "happy elderly care circle," including day care services that allow family members to work without worry [11] - The city is addressing the "last mile" of service delivery by ensuring timely meal delivery to seniors [13] - Harbin is enhancing its urban and rural elderly care service network to improve overall service provision [15]

Core Insights - The article highlights the establishment of a comprehensive elderly care service network in Chengwu County, Shandong Province, integrating medical and elderly care services to enhance the quality of life for senior citizens [1] Group 1: Elderly Care Services - Chengwu County has developed a multi-tiered elderly care service network involving county, town, village, and family levels, with leading enterprises demonstrating the use of smart elderly care platforms [1] - The services provided include meal assistance, bathing, cleaning, mobility support, and medical care, with service personnel visiting homes four times a month [1] Group 2: Medical Integration - The county has implemented a pilot program for medical community reform, merging healthcare and elderly care functions to ensure seamless health monitoring and daily care [1] - Out of 24 elderly care institutions in the county, 20 have achieved integration of medical and elderly care services [1] Group 3: Health Monitoring and Emergency Response - Smart health display screens in care facilities update and analyze elderly health data, allowing staff to monitor health conditions effectively [1] - The platform connects with county-level medical institutions to facilitate timely medical intervention during emergencies [1] Group 4: Home Adaptation and Support - Chengwu County has initiated home modifications for elderly residents to reduce accident risks, including the installation of non-slip handrails and bed guards [1] - Regular medical visits are organized for vulnerable elderly individuals, and services from seven specialized institutions are procured to care for scattered elderly individuals in need [1]

Group 1: Agricultural Socialization Service System - The Shanghai government is accelerating the construction of the agricultural socialization service system, emphasizing the need for stronger support in land use and financial resources [1] - There is a focus on cultivating new agricultural socialization service entities and encouraging various operating entities to participate actively in agricultural services [1] - The initiative aims to enhance the functionality and application of services, extending the service range across the entire agricultural production chain while improving digital and intelligent levels [1] Group 2: Long-term Care Insurance (LTCI) Policy - The meeting agreed to raise the payment standards for LTCI in elderly care institutions to alleviate the burden on disabled elderly individuals and ensure they receive high-quality care [2] - The goal is to ensure that welfare policies are effectively implemented, enhancing service capabilities and improving care conditions in elderly care institutions [2] - The initiative aims to promote the development of the silver economy, encouraging innovation in service supply and supporting the growth of the elderly care industry [2]

8月22日，《人民日报》刊登《守护记忆之门 点亮生命之光》，记者通过京沪两地采访，对社会各界如 何关爱、帮助认知障碍老人群体进行了深入报道，远洋椿萱茂作为该领域专业服务机构被采写报道。 文章提到，认知障碍是一种因大脑病变带来记忆、语言、逻辑等认知功能异常的疾病，影响患者的社会 功能和行为能力。据估计，我国60岁及以上人群中，有认知障碍患者5300多万，其中轻度认知障碍患者 3877万，痴呆患者1507万。随着人口老龄化进程加快和人均预期寿命的提高，我国认知障碍患者数量增 长，给个人、家庭和社会带来挑战。 报道指出，随着疾病的发展，绝大多数患有认知障碍的老人会出现记忆力缺损、生活自理难，往往还伴 有情绪问题，表现为暴躁或抗拒行为，这不仅要求照护者有专业的知识，也要付出非常多的精力和耐 责任编辑：郭栩彤 45岁的刘美华是椿萱茂（北京双桥）老年公寓的失智照护主管，从事失智老人照护工作9年了。她告诉 记者，"照护认知障碍老人，不仅是日常生活照料，还要投入更多人文关怀，关注他们的情感需求，专 业、耐心和爱心缺一不可。" "您看，我手上也有输液贴，不害怕。"81岁的王排长是刘美华目前在椿萱茂负责照料的老人之一，患有 重度 ...

Group 1: Market Potential and Growth - The elderly population in China is expected to exceed 400 million by 2035, indicating a rapid aging process and significant market potential for the silver economy, projected to reach 30 trillion yuan [1] - In 2025, the sales revenue of elderly care services, elderly-friendly household services, and elderly social care services is expected to grow by 40.9%, 14.1%, and 8.8% respectively, significantly outpacing the average growth rate of the service industry [2] - As of now, 49,640 new elderly care-related enterprises have been established in China this year, with a total of 596,100 elderly care enterprises, reflecting strong market recognition of the silver economy sector [1][2] Group 2: Technological Integration - The role of technology, particularly data technology, is becoming increasingly crucial in the elderly care sector, transitioning from an auxiliary tool to a core driving force [3] - Smart monitoring devices, such as health monitoring equipment from Lepu, are being utilized to track vital signs of the elderly, providing real-time data and alerts for medical emergencies [3] Group 3: Policy Support and Capital Investment - Government policies are actively promoting the development of elderly care services, with financial incentives such as construction and operational subsidies for new elderly care institutions [4] - The capital market is increasingly focused on the silver economy, with 56 related enterprises raising 216.43 billion yuan through initial public offerings, and 17 elderly-themed bonds raising 11.82 billion yuan [5][6] Group 4: Consumer Awareness and Market Dynamics - Despite the positive growth trajectory, consumer awareness remains a significant barrier to unlocking the full potential of the silver economy, with many elderly individuals lacking understanding of healthcare products [6] - Companies are adopting experiential marketing and educational initiatives to enhance elderly consumers' understanding of medical products, while local governments are facilitating access to elderly-friendly products through subsidies [7]