Core Insights - The report "2025 Insights into the Silver Economy Consumer Group" highlights the growth of China's silver economy, focusing on individuals aged 55 and above, with a current population of 280 million aged 60 and above, accounting for 22% of the total population, driving market expansion [1][17][18] - The government has introduced policies to promote the development of the silver economy, including the "Opinions on Developing the Silver Economy to Enhance the Well-being of the Elderly," which supports various sectors such as elderly care services, age-friendly products, and health industries [1][8][12] Consumer Behavior - The silver demographic prioritizes health-conscious diets, favoring fresh, low-salt, low-oil, low-sugar, and easily digestible foods, with a significant demand for functional foods aimed at gastrointestinal health and nutritional supplementation [1][32][36] - Travel preferences include short-distance trips, natural landscapes, and ancient towns, with self-driving and wellness travel favored by younger seniors [1][2] - Shopping habits emphasize health safety and practicality, with increasing penetration of online channels, where short videos and social platforms serve as key consumption entry points [1][2] Aging Care Models - Over 90% of the elderly prefer home-based care, with community home care and the 90-7-3 model (90% home, 7% community, 3% institutional) being mainstream, while younger and older seniors show high concern for medical care and age-friendly facilities in institutional settings [2][12] - Different age groups exhibit distinct needs: younger seniors focus on travel and health management, middle-aged seniors prioritize safety and medical services, while older seniors emphasize dignified care and convenient medical access [2][12] Market Potential - The silver economy is projected to reach a market size of 8 trillion yuan, reflecting the vast potential of this demographic as a core consumer force across various sectors, including health, leisure, and education [17][20] - The industry chain encompasses upstream (biological and textile materials), midstream (smart healthcare and rehabilitation aids), and downstream (consumption, cultural tourism, and elderly care services) [21][22] Policy Support - National and local governments are implementing policies to support the silver economy, addressing the need for improved quality in elderly services and products, and fostering a more comprehensive elderly care system [12][13][14]

Report Summary 1. Report Industry Investment Rating No information provided in the given content. 2. Core Viewpoints of the Report - In the production industry, attention should be paid to automobile exports, especially BYD's performance in the European electric vehicle market, where it has surpassed Tesla [1]. - In the service industry, focus on the advancement of elderly - care service - related policies, such as the joint issuance of the guiding opinion by 19 departments including the Ministry of Civil Affairs [1]. 3. Summary by Relevant Catalogs A. Industry Overview - **Upstream**: - In agriculture, egg prices have declined [2]. - In the black industry, the prices of glass and soda ash have dropped in the short term [2]. - **Midstream**: - In the chemical industry, the PTA operating rate has rebounded, while the PX operating rate has declined recently [3]. - In the infrastructure sector, the asphalt operating rate has been continuously rising [3]. - **Downstream**: - In the real - estate industry, the sales of commercial housing in first - and second - tier cities have seasonally declined [3]. - In the service industry, the number of domestic flights has decreased cyclically [3]. B. Market Pricing - The credit spreads of the pharmaceutical and chemical industries have slightly declined recently [3]. C. Industry Credit Spread Tracking (as of May 16) - Different industries show various trends in credit spreads. For example, the credit spreads of industries like agriculture, forestry, animal husbandry, and fishery, and the chemical industry have decreased compared to the previous period [48]. D. Key Industry Price Index Tracking (as of May 15) - Different products in various industries have different price changes. For example, the spot price of corn has increased by 0.81%, while the spot price of glass has decreased by 2.50% [49]. E. Specific Industry Highlights - **Automobile**: BYD's new electric vehicle registrations in Europe in April reached 7,231, a 169% increase year - on - year, surpassing Tesla, whose registrations dropped 49% [1]. - **Elderly - care Service**: The Ministry of Civil Affairs and 19 other departments jointly issued a guiding opinion aiming to improve the elderly's social participation service system by 2035 [1].

5月22日，总投资2.2亿元、建筑面积超2万平方米的杭州国投健康长者公寓在富阳区富春街道金桥北 路259号正式投入运营。 作为国家培疗机构改革首批试点单位、国家及省市区三级重点项目，杭州国投健康长者公寓由国投 健康产业投资有限公司与中国兵器装备集团杭州疗养院共同出资设立，是富阳区首家央企投资运营的高 端康养项目，更是富阳区深化"浙里康养"品牌、打造"全域幸福养老示范区"的关键落子。 "我们为长者提供全方位的贴心服务，医疗和养老无缝衔接，从预防到康复全程守护；智能设备24 小时保障安全，随时响应紧急情况。专业护理团队会细心照顾每位老人的特殊需求，营养师还会准备既 美味又健康的饭菜。对于记忆力不好的老人，我们有专门的照护方法。平时组织书法、音乐、园艺等活 动，让老人们开心交友，享受丰富多彩的晚年生活。"国投健康杭州公司营运总监雷浪介绍道。 浙江省民政事业发展促进会常务副会长方金土在开业庆典上致辞时指出，养老不是冰冷的床位数 字，而是每位长者脸上的笑容。杭州国投健康长者公寓项目不仅填补了富阳城区高品质养老空白，更通 过央企主导的可持续发展模式，为银发经济注入新活力。 展望未来，国投健康杭州公司总经理柴泳表示，杭州国 ...

Core Insights - The long-term care insurance (LTCI) system aims to establish a nationwide coverage for long-term care, particularly addressing the needs of the 120 million rural elderly in China [1][2][3] - The LTCI pilot program has highlighted the significant gap in care services for rural elderly, exacerbated by funding challenges and insufficient service supply [1][2][3] - Experts suggest that the LTCI can stimulate the silver economy and lead to the emergence of branded, chain-based elderly care service companies similar to those in the UK [1][4][6] Group 1: Current Situation and Challenges - The aging population in rural areas is more severe than in urban areas, with 121 million individuals aged 60 and above, representing 23.81% of the rural population [2][3] - The proportion of empty-nest elderly individuals has surpassed 50%, with some rural areas exceeding 70%, highlighting the urgent need for care services [2][4] - The current LTCI pilot program is fragmented, with varying coverage and benefits across different regions, leading to inadequate support for rural residents [2][3] Group 2: Policy and Implementation - The government is encouraging the development of embedded and chain-type nursing institutions to enhance service accessibility in rural areas [1][5] - Local pilot programs have shown success in integrating long-term care services into existing healthcare facilities, such as transforming hospitals into care zones [5][6] - The LTCI system has expanded to cover 1.8 billion people, with over 800 billion yuan spent on benefits, creating approximately 300,000 jobs and attracting 60 billion yuan in social capital [7] Group 3: Future Prospects - The establishment of localized care service institutions is seen as a key strategy to improve accessibility and efficiency in rural long-term care [6][7] - The LTCI policy is expected to attract significant social capital investment into the nursing industry, potentially leading to the development of well-known brand chains in rural care services [6][7] - The effective implementation of LTCI will require a robust network of quality care institutions to ensure that the benefits translate into real services for the elderly [6][7]

Core Viewpoint - The Heilongjiang Provincial Employment Promotion and Labor Protection Working Group has issued a plan to enhance employment support, focusing on key groups such as college graduates, impoverished populations, migrant workers, veterans, and people with disabilities, through three main initiatives: employment support, stabilization and expansion of job positions, and entrepreneurship promotion [1]. Group 1: Employment Support Plan - The plan aims to tap into the employment potential of advanced manufacturing and other new productive forces by implementing a new round of ten key industry growth strategies [2]. - It seeks to transform new consumption hotspots into new employment channels, promoting the development of the ice and snow industry and related tourism [2]. - The plan emphasizes the importance of major engineering projects to increase employment opportunities, leveraging national policies for infrastructure development [2]. - It focuses on enhancing essential public services to promote employment, including the development of elderly care services and healthcare infrastructure [2]. - The plan aims to expand service opportunities for laborers in urban and rural areas by creating community-based job positions and supporting legal aid volunteer services [2]. Group 2: Stabilizing Job Positions for Enterprises - The plan encourages state-owned enterprises to lead in job absorption and stabilize recruitment scales while providing support for private enterprises [4]. - It includes measures to reduce burdens on businesses, such as lowering unemployment insurance rates and improving access to financial support for small and medium-sized enterprises [4]. - The plan promotes timely implementation of tax incentives and employment subsidies to encourage employers to hire more workers [4]. - It emphasizes improving employment services by enhancing job posting systems and establishing local employment service stations [4]. - The plan advocates for large-scale vocational skills training to align with industry needs and promote a comprehensive training model [4]. Group 3: Entrepreneurship Promotion Plan - The plan promotes the "Chuangxiang Longjiang" initiative, which aims to create a supportive ecosystem for entrepreneurship through training, services, and incubation [7]. - It seeks to streamline the entrepreneurial process by enhancing inter-departmental collaboration and providing integrated services for entrepreneurs [7]. - The plan focuses on improving the quality of incubation services and ensuring that local governments provide support for key groups in entrepreneurship [7]. - It aims to facilitate entrepreneurship financing by implementing favorable policies and optimizing loan processes for startups [7].

Group 1 - The Ministry of Human Resources and Social Security plans to add 17 new occupations and 42 new job types by 2025, reflecting industry transformation and societal needs [1] - The new occupations, such as steel structure assembler, highlight the increasing demand for specialized skills in the construction industry due to higher safety, efficiency, and environmental standards [1][2] - The steel structure assembly method improves construction efficiency and facilitates material recycling, contributing to environmental sustainability [1][2] Group 2 - The new role of long-term care worker aims to address the challenges of an aging society, particularly for the disabled population, and to alleviate family burdens [4][6] - The recognition and certification of long-term care workers enhance their sense of belonging and motivation, leading to better care services for disabled individuals [6] - The training for long-term care workers includes various tasks, from basic care to emergency response, emphasizing the need for professionalism and empathy in the role [6][4] Group 3 - The burgeoning homestay industry has led to the emergence of homestay managers, with the number of practitioners growing from zero to over a million in just a few years [7][10] - Homestay managers focus on creating personalized experiences for guests, differentiating their services from standardized hotel offerings [10] - The role of a homestay manager involves understanding guest preferences and providing tailored experiences, contributing to the emotional well-being of guests [12][10] Group 4 - The continuous emergence of new technologies, consumer demands, and market changes is creating limitless possibilities for careers, encouraging individuals to explore new professional paths [14]

转自：新华财经 在推动经济高质量发展的征程中，金融力量至关重要。2025年5月19日，建行四川省分行向锦欣福星康 养集团成功发放超1亿元并购贷款，支持其收购异地优质养老机构，为该公司注入强劲的发展动能。 此次合作是建行四川省分行深入贯彻落实中央金融工作会议精神、践行金融"五篇大文章"的重要举措， 也是支持幸福产业发展、助力客户打造中国康养行业标杆的生动实践。 践行金融"五篇大文章" 精准服务实体经济 此次并购由于涉及多方主体，业务结构复杂，涉及法律、税务等多领域专业知识。建行四川省分行充分 发挥金融领域的专业优势，组建了一支由资深金融专家、法律专业人士和税务顾问等组成的专业服务团 队，成员各司其职，紧密协作，从并购方案的设计优化，到法律风险的把控、税务筹划的制定，服务团 队凭借专业的知识和丰富的经验，为企业提供了全流程的顾问服务。 并购贷款的成功发放正是建行四川省分行在养老金融领域的又一重要实践，高度契合锦欣福星"深耕养 老、辐射全国、不断创新"的发展战略，精准助力其"专业化、标准化、连锁化、智慧化"建设方向，为 更多老年人提供高品质的颐养生活。 深化银企合作 共筑康养产业新生态 随着我国老龄化程度不断加深， ...

1 证券代码：002093 证券简称：国脉科技 国脉科技股份有限公司 投资者关系活动记录表 编号：2025-009 | | 特定对象调研 □分析师会议  | | --- | --- | | 投资者关系活动 类别 | □媒体采访 □业绩说明会 | | | □新闻发布会 □路演活动 | | | □现场参观 | | | □其他（请文字说明其他活动内容） | | 活动参与人员 | 华安基金管理有限公司基金投资部雷蒙先生 国信证券计算机研究员云梦泽先生、库宏垚先生 | | | 国脉科技董事长陈维先生 | | | 国脉科技董事会秘书张文斌先生 | | 时间 | 2025 年 5 月 20 日（星期二） | | 地点 | 腾讯会议 | | 形式 | 线上交流 | | 交流内容及具体 | 本文中所涉及的未来计划、发展战略等前瞻性描述不 构成公司对投资者的实质承诺，敬请投资者注意投资风险。 | | | 1、本季度的 AI 智能体发布会上会有哪些内容？ | | | 答：本季度的发布会将重点呈现我司居家养老 智能体 AI | | 问答记录 | 的实操演示、创新养老模式的深度解析，以及主动精准健 | | | 康管理的研发进展。更多 ...

Core Insights - The aging population in China has surpassed 300 million, accounting for 22.0% of the total population, leading to a growing demand for diversified and quality elderly care services [1] - The government is actively promoting policies to encourage social capital investment in the elderly care sector, creating a multi-trillion yuan "silver economy" market [1] - Despite the promising market outlook, challenges such as underdeveloped business models, profitability issues, and a shortage of professional talent persist [1] Industry Overview - The Chinese elderly care industry is experiencing unprecedented growth opportunities due to supportive national policies and changing market demands [2] - There is a shift in consumer expectations among the elderly, moving from basic care to higher-level needs such as health management, social interaction, and quality of life [2] Company Strategy - Chunsuanmou, a subsidiary of Ocean Group, has adopted a rental and property modification model to quickly establish elderly care services [3] - The company has developed a "3+ business structure" focusing on three main product lines: CB elderly apartments, CLRC senior communities, and CBN nursing homes, operating nearly 30 main facilities across nine cities with over 10,000 beds [3] Business Model Evolution - Chunsuanmou is transitioning from a property rental model to a "light asset" management and brand service model, allowing for rapid expansion and reduced capital pressure [5] - The company is exploring partnerships with local state-owned platforms to enhance cooperation and share risks and benefits [6] Service Quality and Innovation - Chunsuanmou emphasizes professional and standardized services, incorporating international best practices and local innovations into its service system [6] - The company has developed a comprehensive service system for dementia care, including a digital platform and a commitment to high service standards [6] Talent Development Challenges - The elderly care industry faces a significant talent shortage, characterized by low social recognition, low wages, and high labor intensity [7][8] - Chunsuanmou is addressing this issue through partnerships with over 90 educational institutions for talent cultivation and internal training programs [8] Profitability and Market Challenges - The company acknowledges that achieving sustainable profitability in the elderly care sector is challenging, often requiring 3-5 years to reach a stable occupancy rate of over 60% [9] - The success of occupancy rate improvement relies on market maturity, service quality, brand reputation, and effective marketing strategies [10] Future Directions - Chunsuanmou plans to focus on light asset operations, management, and brand services while expanding in key urban areas and developing home-based smart elderly care services [10]

康养是未来极具确定性的赛道，它不仅关乎企业的发展机遇，更与我们每个人、每个家庭的生活息息相关。今天，我想结合行业趋势、 实践经验，以及 "物业 + 养老" 的创新模式，与大家分享我的思考。 第一，康养产业是有确定性未来的。 2025年4月2日，由日新网主办的"PMIF2025物业经营创新者论坛-上海站"成功举办，PMIF是日新网主办的全国系列主题论坛，论坛以"科 技赋能，增值创新"为主题，汇聚行业先行者与科技领军企业，深度解析AI赋能下的服务场景重构路径，探讨如何通过智能化基建搭建、 数据资产运营及服务模式创新，将传统物业从"空间管理者"升级为"生活服务集成商"，在降本增效的同时开辟增值服务第二增长曲线， 共同绘制物业行业智慧化转型的价值蓝图。 在 "椿天里" 模式中，我们设计了1 个邻里中心、4 大功能、13 个模块，涵盖健康管理、老年教育、便民服务等内容。同时，我们创新推 出 "窗帘计划""长者守护计划" 等温暖举措：例如，孩子与老人约定每日清晨拉开窗帘，若未响应则触发紧急关怀机制，通过非药物疗法 （如手工活动、社交互动）延缓老人机能退化。这些实践不仅提升了服务温度，更构建了社区居民的情感纽带。 第四，关 ...