Core 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]

Core Insights - The aging population in China is a significant strategic issue for national development, and actively addressing aging and developing the silver economy is crucial for sustainable development [3][4] - The report emphasizes the need for policy innovation, financial empowerment, and social collaboration to build an inclusive and sustainable elderly care ecosystem [1][3] Industry Overview - The "14th Five-Year Plan" has highlighted the "active response to population aging" as a national strategy, with a focus on developing a coordinated policy mechanism for elderly care and industry [3] - Financial policies are increasingly recognizing "pension finance" as a key growth area for high-quality development [3] Company Positioning - The company, as a state-owned financial enterprise, prioritizes national strategy and social responsibility, particularly in the important area of pension finance [4] - The company has been a pioneer in personal pension finance, being one of the first brokerages to pilot personal pension product distribution, and currently holds nearly 700,000 personal pension investment accounts [4] - The company's pension financial products have shown strong performance, with its first pension target fund achieving a return of 84.25% since inception, and its three-year investment yield ranking first among similar products [4] Future Outlook - The company plans to continue deepening its practices in the pension finance sector, guided by the "15th Five-Year Plan," by enriching its pension financial product offerings and enhancing wealth management services throughout the lifecycle [5] - There will be increased investment in financial technology to improve services for the elderly, along with efforts to educate investors and promote knowledge of pension finance [5] - The company aims to collaborate with various sectors to innovate products and upgrade services, believing that collective efforts will help address aging challenges and activate new momentum in the silver economy [5]