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Shanghai proposes to add 19000 pension beds, and local pension enterprises are expected to win large orders

[Securities Times] the Shanghai Municipal People’s government recently issued the implementation plan for promoting the high-quality development of elderly care services in Shanghai, which proposed that by 2025, the number of elderly care beds in the city will increase from 159000 to 178000.

Comments: in recent years, under the background of gradual policy liberalization, China’s pension industry has accounted for more than 50% of social capital and gradually grown into a market player. With the government encouraging downstream pension to implement the “public construction and private” model, professional private pension service institutions have gained greater development space. According to AI media consulting data, the market scale of China’s pension industry is expected to reach 10.29 trillion yuan in 2022.

Everjoy Health Group Co.Ltd(002162) (002162): the company is located in Shanghai. The company is actively promoting the operation preparation of the high-end nursing elderly care project “Yuexin · Anyi other industry” jointly built with Pujiang town government of Minhang District.

Canature Health Technology Group Co.Ltd(300272) (300272): the company is located in Shanghai. Its subsidiary, yuanneng group, has established a scientific research cooperation relationship with Shanghai Health Medical College and said that it will expand to the peripheral nursing and health industry cultivation Institute.

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