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According to official data, as of December 12th, the number of products that can be invested by individual pension in Public Offering of Fund has increased to 284, all of which have announced the establishment of Y share. This expansion is expected to have the following impact on the market:2.5 Investor Education and Financial Literacy Improvement2.2 diversification of investment style

The aging of the population is increasing: the proportion of people over 60 years old in China continues to increase, and it is expected to reach 29.9% by 2040, which poses great pressure on the existing old-age security system.2.2 diversification of investment style

2.5 Investor Education and Financial Literacy ImprovementImprovement of market stability: the entry of long-term funds into the market will help reduce short-term fluctuations in the market and improve market stability, which is of positive significance to the healthy development of the capital market.2.3 Market stability improvement