Core Viewpoint - Recently, Shenwan Hongyuan Securities successfully completed the issuance and subscription of the first phase of the "Silver Enjoyment" series of income certificates aimed at the elderly population, with a total issuance scale of 50 million yuan, which was fully subscribed [2] Group 1 - The first phase of the income certificates was issued specifically for individuals aged 60 and above, who are recognized as professional investors according to the "Securities and Futures Investor Suitability Management Measures" [2] - The structure of the income certificates is designed to meet the needs of elderly professional investors for stable wealth management, selecting linked assets and structures to help elderly clients achieve steady returns [2] - Shenwan Hongyuan Securities aims to continuously issue this series of income certificates in the coming months, further enriching the toolbox of pension finance and promoting high-quality development in this sector [2] Group 2 - The company is committed to enriching, optimizing, and innovating its product system to support the construction of pension finance in the new era, actively contributing to national strategies [2]

Core Viewpoint - The issuance and subscription of the first phase of the "Silver Enjoyment Series Income Certificates" aimed at the elderly has been successfully completed, marking a significant step in enhancing the pension financial toolbox and promoting high-quality development in pension finance [2]. Group 1 - The first phase of the income certificates had an issuance scale of 50 million yuan, and the entire first phase has been sold out [2]. - The target audience for these income certificates is natural persons aged 60 and above, who meet the criteria set by the issuer in accordance with the "Securities and Futures Investor Suitability Management Measures" [2]. - The structural design of the income certificates is focused on meeting the needs of elderly professional investors for stable wealth management, with carefully selected underlying assets and structures to help elderly clients achieve stable returns [2]. Group 2 - The company is committed to continuously enriching, optimizing, and innovating its product system to support the construction of pension finance in the new era [2]. - The company will adhere to a people-centered value orientation and rely on product services to actively implement national strategies [2].