China Securities Co.,Ltd. Research Reports indicate that the personal pension system is implemented nationwide, and long-term funds are expected to accelerate their entrance into the market, with Brokerages likely to see synergistic growth in multiple businesses. With the comprehensive implementation of personal pension system reforms, supported by extensive promotion and tax incentive policies, the social awareness and contribution levels of personal pension plans are expected to continually rise, which may promote the growth of sales for various retirement products.