Group 1 - Trust companies are making significant progress in the pension finance sector, with CITIC Trust launching the "Hainan Province No. 12 Occupational Annuity Plan" for investment operations, marking a key breakthrough in occupational annuity business [1] - The implementation of the "Occupational Annuity Plan" aligns with the national policy encouraging the development of a multi-tiered pension insurance system, as outlined in the "Implementation Plan for High-Quality Development of Pension Finance" released by the National Financial Regulatory Administration [1] - The aging population is driving the demand for occupational annuities, allowing trust companies to leverage their asset management capabilities to meet market needs and enhance the pension finance system [1] Group 2 - The demand for "housing for elderly care" is increasing, prompting the trust industry to explore ways to activate real estate resources for pension security [2] - The establishment of a non-transaction transfer system for real estate trust property registration has resolved legal and operational challenges, enabling the integration of real estate into trust structures for pension solutions [2] - Over the past six months, more than ten projects related to pension security and special care have been launched nationwide under the real estate trust property registration pilot [2] Group 3 - Foreign trade trusts are innovating by integrating "real estate + designated guardianship + special trusts," exemplified by the "Jiliang No. 10" trust, which manages logistics warehouse facilities for families while supporting public welfare [3] - Real estate trusts provide stable cash flow and facilitate intergenerational asset transfer, addressing both pension and inheritance needs for clients [3] - Trust companies are evolving into comprehensive service ecosystems, combining asset management, pension planning, and public welfare to create a service system that covers "pension - inheritance - public welfare" [3] Group 4 - Real estate trusts are becoming a core vehicle connecting real estate and pension needs, serving diverse groups including families with special needs, elderly individuals without children, and middle-aged families seeking pension security and asset inheritance [4] - The dynamic nature of real estate as a pension resource is expected to enhance the inclusivity of real estate trusts, benefiting both urban and rural families in their pension planning [4] - The implementation of real estate trust registration systems in more cities will further highlight the inclusive attributes of these trusts, addressing gaps in rural pension security [4]