【产研月报 009】2025年1-3月：天津住宅产品洞察月报

发布于 2025-03-13

<p style="margin-bottom: 24px;"><strong><span style="font-family: å®ä½;font-size: 50px;color: rgb(255, 0, 0);">01</span></strong><span style="text-decoration: underline;"><strong><span style="text-decoration: underline;font-family: å®ä½;font-size: 24px;">æ ¸å¿å®¢æ·éæ±å¾è°±</span></strong></span></p><p><strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;">1.ä¸ªæ§åé£æ ¼èå</span><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></strong></p><ul class="list-paddingleft-1" style="list-style-type: disc;"><li><section style="margin-bottom: 24px;"><strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><span style="font-family:å®ä½;">éæ±è¡¨ç°ï¼</span></span></strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><span style="font-family:å®ä½;">ç¨æ·å¯¹æ··æé£æ ¼æ¥ååº¦æåï¼å¦æ³å¼å¤å¤</span><span style="font-family:Calibri;">+</span><span style="font-family:å®ä½;">ä¸æ¹ç¾å¦ãç¾å¼</span><span style="font-family:Calibri;">+</span><span style="font-family:å®ä½;">ä¸å¤</span><span style="font-family:Calibri;">+</span><span style="font-family:å®ä½;">ä¸å¼åç´ çç»åï¼å¼ºè°æååºè´ä¸èºæ¯æ°å´çç»ä¸ã</span></span><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></section></li><li><section style="margin-bottom: 24px;"><strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;">å¸ååºæ¯ï¼</span></strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;">å¹´è½»å®¶åºåå¥½éè¿è½¯è£ï¼å¤å¤ç»çé¨ãç³èçº¿éè±ï¼åç©ºé´å¸å±ï¼æ´æ¸¸å¨çº¿ï¼ä½ç°ä¸ªæ§ã</span><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></section></li></ul><section style="margin-bottom: 24px;"><strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;">2.å°æ·ååè½ä¼å</span><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></strong></section><ul class="list-paddingleft-1" style="list-style-type: disc;"><li><section style="margin-bottom: 24px;"><strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;">çç¹é©±å¨ï¼</span></strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;">å¤©æ´¥èæ¿æ®éåå¨å±é«ä½ãéåå·®ãé¢ç§¯å©ç¨çä½çé®é¢ï¼ç¨æ·äºééè¿å¼æ¾å¼è®¾è®¡ï¼å¦å®¢é¤ä¸ä½ï¼ãå¤åè½å®¶å·ï¼æå æ¡æ¤ï¼åéé¢æ©å®¹æåç©ºé´æã</span><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></section></li></ul><section style="margin-bottom: 24px;"><strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;">3.ç¯ä¿ä¸å¥åº·è¯æ±</span><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></strong></section><ul class="list-paddingleft-1" style="list-style-type: disc;"><li><section style="margin-bottom: 24px;"><strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><span style="font-family:å®ä½;">æ°æ®æ¯æï¼</span></span></strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><span style="font-family:å®ä½;">è¶</span><span style="font-family:Calibri;">70%</span><span style="font-family:å®ä½;">è£ä¿®å¸æåç¯ä¿ææï¼ç«¹æãä½ç²éæ¶æï¼ï¼å³æ³¨é²æ½®é²éè®¾è®¡ï¼å°¤å¶éå¯¹å¤©æ´¥æ¹¿æ¶¦æ°åã</span></span><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></section></li></ul><section style="margin-bottom: 24px;"><strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;">4.æºè½åçæ´»åçº§</span><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></strong></section><ul class="list-paddingleft-1" style="list-style-type: disc;"><li><section style="margin-bottom: 24px;"><strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><span style="font-family:å®ä½;">æ°å´éæ±ï¼</span></span></strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><span style="font-family:å®ä½;">æºè½å®¶å±æ§å¶ç³»ç»ï¼ç¯åãå®é²ï¼æä¸ºæ°æ¿æ éï¼ç¨æ·å¾åéè¿ææº</span><span style="font-family:Calibri;">APP</span><span style="font-family:å®ä½;">å®ç°è¿ç¨ææ§ã</span></span></section><section style="margin-bottom: 24px;"><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><span style="font-family:å®ä½;"><hr style="border-style: solid;border-width: 1px 0 0;border-color: rgba(0,0,0,0.1);-webkit-transform-origin: 0 0;-webkit-transform: scale(1, 0.5);transform-origin: 0 0;transform: scale(1, 0.5);" /><p><br /></p></span></span><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></section></li></ul><section style="margin-bottom: 24px;"><span style="font-size: var(--articleFontsize);letter-spacing: 0.034em;"></span></section><section style="margin-top: 24px;"><strong style="font-size: var(--articleFontsize);letter-spacing: 0.034em;"><span style="font-family: å®ä½;color: rgb(255, 0, 0);font-size: 50px;">02</span></strong><span style="font-size: var(--articleFontsize);letter-spacing: 0.034em;text-decoration: underline;"><strong><span style="font-family: å®ä½;font-size: 24px;">è®¾è®¡è¶å¿ä¸åºæ¯åæ°</span></strong></span></section><section style="margin-bottom: 24px;"><strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;">1.ç©ºé´æ¹é ææ¯</span><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></strong></section><ul class="list-paddingleft-1" style="list-style-type: disc;"><li><section style="margin-bottom: 24px;"><strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><span style="font-family:å®ä½;">æå«éååæ°ï¼</span></span></strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><span style="font-family:å®ä½;">éè¿å¢é¢å¼çªãéé¢åå°å¼å¥èªç¶å</span><span style="font-family:å®ä½;">ã</span></span><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></section></li><li><section style="margin-bottom: 24px;"><strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><span style="font-family:å®ä½;">æ´æ¸¸å¨çº¿è®¾è®¡ï¼</span></span></strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><span style="font-family:å®ä½;">æç ´ä¼ ç»éæï¼ä¸²èçå³</span><span style="font-family:Calibri;">-</span><span style="font-family:å®ä½;">å®¶æ¿åº</span><span style="font-family:Calibri;">-</span><span style="font-family:å®ä½;">å®¢å«ï¼æåå°æ·åæµå¨æ§ã</span></span><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></section></li></ul><section style="margin-bottom: 24px;"><strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;">2.å¤å¤åç´ å¤å´</span><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></strong></section><ul class="list-paddingleft-1" style="list-style-type: disc;"><li><section style="margin-bottom: 24px;"><strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><span style="font-family:å®ä½;">ææåºç¨ï¼</span></span></strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><span style="font-family:å®ä½;">é±¼éª¨æ¼æ¨å°æ¿ãæ´ç³å°é¢ãæ£è²è±é¸å£çº¸è¥é æ³å¼</span><span style="font-family:Calibri;">/</span><span style="font-family:å®ä½;">ä¸å¤æ°å´ã</span></span><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></section></li><li><section style="margin-bottom: 24px;"><strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><span style="font-family:å®ä½;">åè½èåï¼</span></span></strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><span style="font-family:å®ä½;">é³å°æ¦»æ¦»ç±³</span><span style="font-family:Calibri;">+</span><span style="font-family:å®ä½;">ç½é©¬å¸ãçå³å°è±ç å¼é¡¾ç¾å¦ä¸å®ç¨æ§ã</span></span><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></section></li></ul><section style="margin-bottom: 24px;"><strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;">3.ä¸æ¹ç¾å¦æ¸é</span><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></strong></section><ul class="list-paddingleft-1" style="list-style-type: disc;"><li><section style="margin-bottom: 24px;"><strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;">è®¾è®¡ææ³ï¼</span></strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;">éç©ºéæ¯çªãå¾®å¼§å½¢é¨æ´å®ç°å®¤åå¤è§è§èå¨ï¼ç»åç»¿æ¤æé èªç¶ç¦æç©ºé´ã</span><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></section></li></ul><hr style="border-style: solid;border-width: 1px 0 0;border-color: rgba(0,0,0,0.1);-webkit-transform-origin: 0 0;-webkit-transform: scale(1, 0.5);transform-origin: 0 0;transform: scale(1, 0.5);" /><section style="text-align: center;margin-bottom: 24px;"><span style="font-size: var(--articleFontsize);letter-spacing: 0.034em;"></span></section><p style="margin-bottom: 24px;margin-top: 24px;"><span style="color: rgb(255, 0, 0);"><strong><span style="font-family: å®ä½;font-size: 50px;">03</span></strong></span><span style="text-decoration: underline;"><strong><span style="text-decoration: underline;font-family: å®ä½;font-size: 24px;">çç¹ä¸äº§åæºä¼ç©éµ</span></strong></span></p><p style="text-align: center;"><img class="rich_pages wxw-img" data-galleryid="" data-imgfileid="100036304" data-ratio="0.5104166666666666" data-s="300,640" data-src="https://mmbiz.qpic.cn/sz_mmbiz_png/VXjHib6YROwkg5ztpnRS5JhhOytUGENtbWXibeLEc34NBUuXFOSlI2ALwnrdz5iagxG7K50tmmAaXVUwxsFA0kj5Q/640?wx_fmt=png&from=appmsg" data-type="png" data-w="576" style=""></p><hr style="border-style: solid;border-width: 1px 0 0;border-color: rgba(0,0,0,0.1);-webkit-transform-origin: 0 0;-webkit-transform: scale(1, 0.5);transform-origin: 0 0;transform: scale(1, 0.5);" /><section style="margin-bottom: 24px;margin-top: 24px;"><span style="color: rgb(255, 0, 0);"><strong><span style="font-family: å®ä½;font-size: 50px;">04</span></strong></span><span style="text-decoration: underline;"><strong><span style="text-decoration: underline;font-family: å®ä½;font-size: 24px;">æªæ¥äº§åç åæ¹å</span></strong></span></section><section style="margin-bottom: 24px;"><strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;">1.æ¨¡ååå¤åè½å®¶å·</span></strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></section><ul class="list-paddingleft-1" style="list-style-type: disc;"><li><section style="margin-bottom: 24px;"><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><span style="font-family:å®ä½;">å¼åå¯åå½¢ä¹¦æ¡</span><span style="font-family:Calibri;">/</span><span style="font-family:å®ä½;">æ²ååºï¼ééå¤©æ´¥å°æ·åé«é¢æ¹é éæ±ã</span></span><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></section></li></ul><section style="margin-bottom: 24px;"><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><span style="font-family:å®ä½;"></span><strong><span style="font-family:Calibri;">2.AI</span><span style="font-family:å®ä½;">è®¾è®¡å·¥å·</span></strong></span><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></section><ul class="list-paddingleft-1" style="list-style-type: disc;"><li><section style="margin-bottom: 24px;"><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><span style="font-family:å®ä½;">åºäºæ¬å°æ°åæ°æ®ï¼å¦é²æ½®åæ°ï¼çæå®å¶åæ¹æ¡ï¼æ´åé£æ ¼æ¨¡æåè½ï¼æ³å¼</span><span style="font-family:Calibri;">+</span><span style="font-family:å®ä½;">ä¸å¼é¢è®¾æ¨¡æ¿ï¼ã</span></span><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></section></li></ul><section style="margin-bottom: 24px;"><strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;">3.æºè½ç¯ä¿ç³»ç»</span></strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></section><ul class="list-paddingleft-1" style="list-style-type: disc;"><li><section style="margin-bottom: 24px;"><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;">æ¹¿åº¦æåºé²éæ¶å±ãç©ºæ°ååèå¨ç³»ç»ï¼ä¸æºè½å®¶å±ç»å®ï¼ï¼éå¯¹æ§è§£å³å¤©æ´¥ç¯å¢é®é¢ã</span><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></section></li></ul><section style="margin-bottom: 24px;"><strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><span style="font-family:å®ä½;">4.æå</span><span style="font-family:Calibri;">IP</span><span style="font-family:å®ä½;">èåæå¡</span></span></strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></section><ul class="list-paddingleft-1" style="list-style-type: disc;"><li><section style="margin-bottom: 24px;"><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><span style="font-family:å®ä½;">ä¸å¤©æ´¥ä¼ ç»å·¥èºï¼å¦æ¨æ³éå¹´ç»ï¼åä½å¼åééçå£çº¸</span><span style="font-family:Calibri;">/</span><span style="font-family:å®ä½;">è½¯è£ï¼å¼ºåå°åæåæ ç¾ã</span></span></section></li></ul><section style="-webkit-tap-highlight-color: transparent;margin: 16px 8px 24px;outline: 0px;font-family: -apple-system-font, BlinkMacSystemFont, "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;text-align: center;min-height: 1em;line-height: 1.75em;"><span style="-webkit-tap-highlight-color: transparent;outline: 0px;letter-spacing: 0.544px;color: rgb(127, 127, 127);font-family: PingFangTC-Light;font-size: 12px;caret-color: red;">*</span></section><section data-role="outer" label="Powered by 135editor.com" style="-webkit-tap-highlight-color: transparent;margin-bottom: 0px;outline: 0px;font-family: "PingFang SC", system-ui, -apple-system, BlinkMacSystemFont, "Helvetica Neue", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;background-color: rgb(255, 255, 255);"><section data-role="outer" label="Powered by 135editor.com" style="-webkit-tap-highlight-color: transparent;outline: 0px;"><section data-role="paragraph" style="-webkit-tap-highlight-color: transparent;outline: 0px;color: rgb(34, 34, 34);font-family: -apple-system, BlinkMacSystemFont, "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;"><section data-role="outer" label="Powered by 135editor.com" style="-webkit-tap-highlight-color: transparent;outline: 0px;"><section data-role="paragraph" style="-webkit-tap-highlight-color: transparent;outline: 0px;"><section style="-webkit-tap-highlight-color: transparent;margin-right: 8px;margin-left: 8px;outline: 0px;letter-spacing: 0.544px;min-height: 1em;text-align: center;font-family: -apple-system-font, BlinkMacSystemFont, "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;"><section style="-webkit-tap-highlight-color: transparent;margin: 16px 8px;outline: 0px;min-height: 1em;color: rgb(0, 0, 0);font-size: 14px;line-height: 1.75em;"><span style="-webkit-tap-highlight-color: transparent;outline: 0px;color: rgb(127, 127, 127);font-size: 12px;letter-spacing: 0.544px;font-family: PingFangTC-Light;">å å¥æä»¬ä¸èµ·å¦ä¹ </span></section><section style="-webkit-tap-highlight-color: transparent;margin: 16px 8px;outline: 0px;line-height: 1.75em;"><span style="-webkit-tap-highlight-color: transparent;outline: 0px;font-size: 14px;caret-color: red;font-family: PingFangTC-Light;color: rgb(127, 127, 127);letter-spacing: 0.544px;text-decoration-style: solid;text-decoration-color: rgb(127, 127, 127);">Join our study group</span></section></section></section></section></section></section></section><section style="-webkit-tap-highlight-color: transparent;margin-top: 16px;margin-bottom: 16px;outline: 0px;font-family: "PingFang SC", system-ui, -apple-system, BlinkMacSystemFont, "Helvetica Neue", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;background-color: rgb(255, 255, 255);text-align: center;"><img alt="å¾ç" class="rich_pages wxw-img js_insertlocalimg" data-imgfileid="100036241" data-ratio="0.4595300261096606" data-s="300,640" data-src="https://mmbiz.qpic.cn/sz_mmbiz_png/VXjHib6YROwlXfAQF3A26suo6p9w00eMZoyV7m9VamRjB8Rn2faCKibWCNNaATXll7jepE6jOCfgicm6dsIZH13Zg/640?wx_fmt=other&from=appmsg&tp=webp&wxfrom=5&wx_lazy=1&wx_co=1" data-type="png" data-w="383" style="-webkit-tap-highlight-color: transparent;outline: 0px;visibility: visible !important;width: 383px !important;"></section><section style="-webkit-tap-highlight-color: transparent;margin-top: 16px;margin-bottom: 16px;outline: 0px;font-family: "PingFang SC", system-ui, -apple-system, BlinkMacSystemFont, "Helvetica Neue", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;background-color: rgb(255, 255, 255);text-align: center;"><span style="-webkit-tap-highlight-color: transparent;outline: 0px;font-size: 12px;"> DeepSeek æ·±åº¦èåå°äº§å®æè¯¾</span></section><section style="-webkit-tap-highlight-color: transparent;margin-top: 16px;margin-bottom: 16px;outline: 0px;font-family: "PingFang SC", system-ui, -apple-system, BlinkMacSystemFont, "Helvetica Neue", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;background-color: rgb(255, 255, 255);text-align: center;"><span style="-webkit-tap-highlight-color: transparent;outline: 0px;font-size: var(--articleFontsize);letter-spacing: 0.034em;">  </span>   <img alt="å¾ç" class="rich_pages wxw-img" data-galleryid="" data-imgfileid="100036238" data-ratio="0.9777777777777777" data-s="300,640" data-src="https://mmbiz.qpic.cn/sz_mmbiz_png/VXjHib6YROwlXfAQF3A26suo6p9w00eMZA6slk3reAoDIyH2bXdmuAQicGJGalicdZIUSDHib8E95LVrZXCic3z5DZA/640?wx_fmt=other&from=appmsg&tp=webp&wxfrom=5&wx_lazy=1&wx_co=1" data-type="png" data-w="135" style="-webkit-tap-highlight-color: transparent;outline: 0px;font-size: var(--articleFontsize);letter-spacing: 0.034em;visibility: visible !important;width: 135px !important;">  </section><section style="-webkit-tap-highlight-color: transparent;margin-top: 16px;margin-bottom: 16px;outline: 0px;font-family: "PingFang SC", system-ui, -apple-system, BlinkMacSystemFont, "Helvetica Neue", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;background-color: rgb(255, 255, 255);text-align: center;"><span style="-webkit-tap-highlight-color: transparent;outline: 0px;letter-spacing: 0.578px;font-size: 12px;">DeepSeek æ·±åº¦èåå¬å¡åå®æè¯¾</span></section><section style="-webkit-tap-highlight-color: transparent;margin-top: 16px;margin-bottom: 16px;outline: 0px;font-family: "PingFang SC", system-ui, -apple-system, BlinkMacSystemFont, "Helvetica Neue", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;background-color: rgb(255, 255, 255);text-align: center;">      <img alt="å¾ç" class="rich_pages wxw-img" data-galleryid="" data-imgfileid="100036240" data-ratio="0.9849624060150376" data-s="300,640" data-src="https://mmbiz.qpic.cn/sz_mmbiz_png/VXjHib6YROwlXfAQF3A26suo6p9w00eMZgJckNT1BQkkhCEibc2ic9hp4LUfwAshhwWEUmkgRFEYxPDyzVBCYDkGw/640?wx_fmt=other&from=appmsg&tp=webp&wxfrom=5&wx_lazy=1&wx_co=1" data-type="png" data-w="133" style="-webkit-tap-highlight-color: transparent;outline: 0px;font-size: var(--articleFontsize);letter-spacing: 0.034em;visibility: visible !important;width: 133px !important;"></section><section style="-webkit-tap-highlight-color: transparent;margin-top: 16px;margin-bottom: 16px;outline: 0px;font-family: "PingFang SC", system-ui, -apple-system, BlinkMacSystemFont, "Helvetica Neue", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;background-color: rgb(255, 255, 255);"><img alt="å¾ç" class="rich_pages wxw-img" data-galleryid="" data-imgfileid="100036239" data-ratio="0.43431221020092736" data-s="300,640" data-src="https://mmbiz.qpic.cn/sz_mmbiz_jpg/VXjHib6YROwlXfAQF3A26suo6p9w00eMZiaqkp43RyDGDbI8AlaicupWn33G6adtQibTgrOxS4vbrDzLBEOZ1L8ulg/640?wx_fmt=other&from=appmsg&tp=webp&wxfrom=5&wx_lazy=1&wx_co=1" data-type="jpeg" data-w="647" style="-webkit-tap-highlight-color: transparent;outline: 0px;letter-spacing: 0.578px;text-align: center;width: 578px !important;visibility: visible !important;"></section><p><br /></p><p style="display: none;"><mp-style-type data-value="3"></mp-style-type></p>

← 返回观点全库