【土拍前瞻066】上海-青浦区西岑单元（JZ03）地块项目定位报告

发布于 2025-03-05

<p style="margin-bottom: 16px;"><br /></p><section style="margin-bottom: 16px;"><span style="text-decoration: underline;"><strong><span style="text-decoration: underline;font-family: å®ä½;font-size: 24px;">ä¸ãé¡¹ç®æ¦åµ</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: 16px;"><strong><span style="font-size: 10.5pt;font-family: å®ä½;">å°åç¼å·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;"><span style="font-family:Calibri;">2025015h8</span><o:p></o:p></span></section></li><li><section style="margin-bottom: 16px;"><strong><span style="font-size: 10.5pt;font-family: å®ä½;">ä½ç½®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;"><span style="font-family:å®ä½;">éæµ¦åºéæ³½éè¥¿å²ååï¼</span><span style="font-family:Calibri;">JZ03</span><span style="font-family:å®ä½;">ï¼</span><span style="font-family:Calibri;">19-08</span><span style="font-family:å®ä½;">ã</span><span style="font-family:Calibri;">19-10</span><span style="font-family:å®ä½;">ã</span><span style="font-family:Calibri;">20-01</span><span style="font-family:å®ä½;">ã</span><span style="font-family:Calibri;">23-01</span><span style="font-family:å®ä½;">ã</span><span style="font-family:Calibri;">23-06</span><span style="font-family:å®ä½;">ã</span><span style="font-family:Calibri;">23-09</span><span style="font-family:å®ä½;">ã</span><span style="font-family:Calibri;">23-10</span><span style="font-family:å®ä½;">ã</span><span style="font-family:Calibri;">23-14</span><span style="font-family:å®ä½;">å°åå</span><span style="font-family:Calibri;">19-09</span><span style="font-family:å®ä½;">å¬å±ç»¿å°ãäºè¾è·¯ãå°ç§è·¯ãæ³½ç§è·¯ãæ³½ç«è·¯é¨åå°ä¸ç©ºé´ã</span><o:p></o:p></span></section></li><li><section style="margin-bottom: 16px;"><strong><span style="font-size: 10.5pt;font-family: å®ä½;">åºè®©é¢ç§¯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;"><span style="font-family:å®ä½;">çº¦</span><span style="font-family:Calibri;">16.77</span><span style="font-family:å®ä½;">ä¸ã¡ï¼å«å°ä¸</span><span style="font-family:Calibri;">14.19</span><span style="font-family:å®ä½;">ä¸ã¡ãå°ä¸</span><span style="font-family:Calibri;">2.58</span><span style="font-family:å®ä½;">ä¸ã¡ï¼ã</span><o:p></o:p></span></section></li><li><section style="margin-bottom: 16px;"><strong><span style="font-size: 10.5pt;font-family: å®ä½;">å®¹ç§¯çï¼</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»¼å</span><span style="font-family:Calibri;">2.06</span><span style="font-family:å®ä½;">ï¼ä½å®é¨å</span><span style="font-family:Calibri;">2.0-2.2</span><span style="font-family:å®ä½;">ï¼ååé¨å</span><span style="font-family:Calibri;">2.0</span><span style="font-family:å®ä½;">ï¼ã</span><o:p></o:p></span></section></li><li><section style="margin-bottom: 16px;"><strong><span style="font-size: 10.5pt;font-family: å®ä½;">èµ·å§ä»·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;"><span style="font-family:Calibri;">17.544</span><span style="font-family:å®ä½;">äº¿åï¼å¹³åæ¥¼é¢ä»·çº¦</span><span style="font-family:Calibri;">6008</span><span style="font-family:å®ä½;">å</span><span style="font-family:Calibri;">/</span><span style="font-family:å®ä½;">ã¡ã</span><o:p></o:p></span></section></li><li><section style="margin-bottom: 16px;"><strong><span style="font-size: 10.5pt;font-family: å®ä½;">è§åç¨éï¼</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;">åä½æ··åç¨å°ï¼å«</span><span style="font-family:Calibri;">4</span><span style="font-family:å®ä½;">ä¸ªä½å®ä¸åå¬æ··åå°åã</span><span style="font-family:Calibri;">3</span><span style="font-family:å®ä½;">ä¸ªååå°åã</span><span style="font-family:Calibri;">1</span><span style="font-family:å®ä½;">ä¸ªåä¸å°åï¼ã</span><o:p></o:p></span></section></li><li><section style="margin-bottom: 16px;"><strong><span style="font-size: 10.5pt;font-family: å®ä½;">å¼åå¨æï¼</span></strong><span style="font-family: å®ä½;font-size: 14px;letter-spacing: 0.578px;text-decoration: none solid rgba(0, 0, 0, 0.9);">é¢è®¡5å¹´ï¼åä¸¤ææ¨è¿ï¼ä¸æä¼åå¼åä½å®ï¼2025-2027å¹´ï¼ï¼äºæåæ¥ååå»ºè®¾ï¼2026-2028å¹´ï¼ã</span></section></li></ul><section style="margin-bottom: 16px;"><span style="text-decoration: underline;"><strong><span style="text-decoration: underline;font-family: å®ä½;font-size: 24px;">äºãåºä½åæ</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><section style="margin-bottom: 16px;"><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.äº¤ééå¥<o:p></o:p></span></strong></section><ul class="list-paddingleft-1" style="list-style-type: disc;"><li><section style="margin-bottom: 16px;"><strong><span style="font-size: 10.5pt;font-family: å®ä½;">è½¨äº¤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;"><span style="font-family:å®ä½;">è·ç¦»è§åä¸çè¥¿å²è½¨äº¤ç«ç´çº¿çº¦</span><span style="font-family:Calibri;">2</span><span style="font-family:å®ä½;">å¬éï¼æªæ¥ææ¥å¥é¿ä¸è§ä¸ä½åç¤ºèåºè½¨éäº¤éç½ç»ã</span><o:p></o:p></span></section></li><li><section style="margin-bottom: 16px;"><strong><span style="font-size: 10.5pt;font-family: å®ä½;">éè·¯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;"><span style="font-family:å®ä½;">ç´§é»ç»è¥¿å¬è·¯ãå¹æ¼¾è·¯ï¼è¿æ¥</span><span style="font-family:Calibri;">G50</span><span style="font-family:å®ä½;">æ²ªæ¸é«éï¼</span><span style="font-family:Calibri;">30</span><span style="font-family:å®ä½;">åéè½¦ç¨å¯è¾¾è¹æ¡¥æ¢çº½ã</span><o:p></o:p></span></section></li><li><section style="margin-bottom: 16px;"><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¬äº¤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;">ç°æééçº¿ãéåçº¿çåºåå¬äº¤ï¼è¦çéæµ¦ååºåå¨è¾¹åéã<o:p></o:p></span></section></li></ul><section style="margin-bottom: 16px;"><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.åä¸éå¥<o:p></o:p></span></strong></section><ul class="list-paddingleft-1" style="list-style-type: disc;"><li><section style="margin-bottom: 16px;"><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;">ç°ç¶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;">ä¾èµéæ³½éåæ±å®¶è§éåºç¡åä¸ï¼ç¼ºä¹å¤§åç»¼åä½ã<o:p></o:p></span></section></li><li><section style="margin-bottom: 16px;"><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§åï¼</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°åååå«ååååä¸ç¨å°ï¼æªæ¥å¯èªå»ºç¤¾åºåä¸ï¼å¹¶ä¾æåä¸ºç ååºå°çäº§ä¸äººå£éæ±æé éå¥åä¸ã<o:p></o:p></span></section></li></ul><section style="margin-bottom: 16px;"><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.æè²èµæº<o:p></o:p></span></strong></section><ul class="list-paddingleft-1" style="list-style-type: disc;"><li><section style="margin-bottom: 16px;"><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;">ç°ç¶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;">éæ³½éç°æä¸å°å¦åå¹¼å¿åï¼ä½ä¼è´¨èµæºè¾å°ã<o:p></o:p></span></section></li><li><section style="margin-bottom: 16px;"><strong><span style="font-size: 10.5pt;font-family: å®ä½;">è§åï¼</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;">å°ååé¢çæè²ç§ç ç¨å°ï¼å¦</span><span style="font-family:Calibri;">24-02</span><span style="font-family:å®ä½;">å°åï¼ï¼æªæ¥æå¼å¥å½éåå¦æ ¡ã</span><o:p></o:p></span></section></li></ul><section style="margin-bottom: 16px;"><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.å»çèµæº</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: 16px;"><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¿æä¾èµéæµ¦ååºä¸çº§å»é¢ï¼å¦ä¸å±±å»é¢éæµ¦åé¢ï¼ï¼è½¦ç¨çº¦</span><span style="font-family:Calibri;">40</span><span style="font-family:å®ä½;">åéï¼è¿ææéè¥¿å²ç§åä¸å¿å»ºè®¾å¼å¥ä¸ç§å»é¢ã</span><o:p></o:p></span></section></li></ul><section style="margin-bottom: 16px;"><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;">5.çæèµæº</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: 16px;"><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´§é»è¡ç°æ¸¯ãæ·±æ²å©æ¸¯çæ°´ç³»ï¼</span><span style="font-family:Calibri;">19-09</span><span style="font-family:å®ä½;">å°åä¸ºå¬å±ç»¿å°ï¼å·å¤æ»¨æ°´æ¯è§ä¼å¿ã</span><o:p></o:p></span></section></li></ul><section style="margin-bottom: 16px;"><span style="text-decoration: underline;"><strong><span style="text-decoration: underline;font-family: å®ä½;font-size: 24px;">ä¸ãå¸åºåæ</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><section style="margin-bottom: 16px;"><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.ä¾éç°ç¶<o:p></o:p></span></strong></section><ul class="list-paddingleft-1" style="list-style-type: disc;"><li><section style="margin-bottom: 16px;"><strong><span style="font-size: 10.5pt;font-family: å®ä½;">ä¾åºç¨ç¼º</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;">ï¼è¥¿å²æ¿åè¿</span><span style="font-family:Calibri;">5</span><span style="font-family:å®ä½;">å¹´æ æ°æ¿ä¾åºï¼å¨è¾¹ç«åä¸»è¦ä¸º</span><span style="font-family:Calibri;">2023</span><span style="font-family:å®ä½;">å¹´é¿ä¸è§è¥¿å²ç§åå¬å¸æå¾ç</span><span style="font-family:Calibri;">42.55</span><span style="font-family:å®ä½;">ä¸ã¡ç»å¢å°åï¼æ¥¼é¢ä»·</span><span style="font-family:Calibri;">6966</span><span style="font-family:å®ä½;">å</span><span style="font-family:Calibri;">/</span><span style="font-family:å®ä½;">ã¡ï¼ã</span><o:p></o:p></span></section></li><li><section style="margin-bottom: 16px;"><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;">éæ±æ½åï¼</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;">åä¸ºç ååºå°ï¼ç»ç§æ¹ï¼é¢è®¡å¯¼å¥æ°ä¸åç§ç äººæï¼å å é¿ä¸è§ä¸ä½åç¤ºèåºäººå£çº¢å©ï¼æªæ¥è´æ¿åç§èµéæ±æºçã<o:p></o:p></span></section></li></ul><section style="margin-bottom: 16px;"><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.ç«äºæ ¼å±<o:p></o:p></span></strong></section><ul class="list-paddingleft-1" style="list-style-type: disc;"><li><section style="margin-bottom: 16px;"><strong><span style="font-size: 10.5pt;font-family: å®ä½;">ç´æ¥ç«åï¼</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;">æ å¨å®æ°æ¿ï¼ä½éå³æ³¨</span><span style="font-family:Calibri;">2023</span><span style="font-family:å®ä½;">å¹´åºè®©å°åçå¥å¸èå¥ï¼é¢è®¡</span><span style="font-family:Calibri;">2026</span><span style="font-family:å®ä½;">å¹´ä¾åºï¼ã</span><o:p></o:p></span></section></li><li><section style="margin-bottom: 16px;"><strong><span style="font-size: 10.5pt;font-family: å®ä½;">é´æ¥ç«åï¼</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;">éæµ¦æ°åãæ±å®¶è§æ¿åæ°æ¿åä»·</span><span style="font-family:Calibri;">3.8</span><span style="font-family:å®ä½;">ä¸</span><span style="font-family:Calibri;">-4.5</span><span style="font-family:å®ä½;">ä¸å</span><span style="font-family:Calibri;">/</span><span style="font-family:å®ä½;">ã¡ï¼æ¬å°åå å®¹ç§¯çè¾é«ï¼äº§åå®ä½éå·®å¼åã</span><o:p></o:p></span></section></li></ul><section style="margin-bottom: 16px;"><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.æ¿çå©å¥½<o:p></o:p></span></strong></section><ul class="list-paddingleft-1" style="list-style-type: disc;"><li><section style="margin-bottom: 16px;"><strong><span style="font-size: 10.5pt;font-family: å®ä½;">é¿ä¸è§ä¸ä½åï¼</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¥¿å²ç§åä¸å¿ä¸ºç¤ºèåºâä¸åä¸çâæ ¸å¿åºï¼äº«æç¨æ¶ãäººæå¼è¿çæ¿çæ¯æã</span><o:p></o:p></span></section></li><li><section style="margin-bottom: 16px;"><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;">åä¸ææ¹é 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°åæ¶åæ§æ¹ï¼å¯è½è·å¾å®¹ç§¯çå¥å±æèµéè¡¥è´´ã<o:p></o:p></span></section></li></ul><section style="margin-bottom: 16px;"><span style="text-decoration: underline;"><strong><span style="text-decoration: underline;font-family: å®ä½;font-size: 24px;">åãäº§åå®ä½</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><section style="margin-bottom: 16px;"><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 ¸å¿å±æ§<o:p></o:p></span></strong></section><ul class="list-paddingleft-1" style="list-style-type: disc;"><li><section style="margin-bottom: 16px;"><strong><span style="font-size: 10.5pt;font-family: å®ä½;">æ··åå¼åï¼</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;">ä»¥âäº§åèåâä¸ºæ ¸å¿ï¼æé ä½å®ãåå¬ãåä¸ä¸ä½åç¤¾åºï¼æ»¡è¶³èä½å¹³è¡¡éæ±ã</span><o:p></o:p></span></section></li><li><section style="margin-bottom: 16px;"><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;">çæèµè½ï¼</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©ç¨æ»¨æ°´ç»¿å°èµæºï¼è®¾è®¡æ¯è§è¿å»ãæ¢è¡ç³»ç»ï¼æåå®å±æ§ã<o:p></o:p></span></section></li></ul><section style="margin-bottom: 16px;"><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.ä¸æç»å<o:p></o:p></span></strong></section><ul class="list-paddingleft-1" style="list-style-type: disc;"><li><section style="margin-bottom: 16px;"><strong><span style="font-size: 10.5pt;font-family: å®ä½;">ä½å®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;"><span style="font-family:å®ä½;">å æ¯</span><span style="font-family:Calibri;">60%-70%</span><span style="font-family:å®ä½;">ï¼ä¸»æä¸å°æ·åï¼</span><span style="font-family:Calibri;">80-100</span><span style="font-family:å®ä½;">ã¡ï¼åé¨åæ¹ååäº§åï¼</span><span style="font-family:Calibri;">120-140</span><span style="font-family:å®ä½;">ã¡ï¼ï¼ééå¹´è½»ç§åå®¶åºéæ±ã</span><o:p></o:p></span></section></li><li><section style="margin-bottom: 16px;"><strong><span style="font-size: 10.5pt;font-family: å®ä½;">ååï¼</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;">å æ¯</span><span style="font-family:Calibri;">20%-30%</span><span style="font-family:å®ä½;">ï¼å¸å±ä½å¯åº¦åå¬ç©ºé´ï¼åå±</span><span style="font-family:Calibri;">500-1000</span><span style="font-family:å®ä½;">ã¡ï¼ï¼å¸å¼ä¸å°åç§æä¼ä¸å¥é©»ã</span><o:p></o:p></span></section></li><li><section style="margin-bottom: 16px;"><strong><span style="font-size: 10.5pt;font-family: å®ä½;">åä¸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;"><span style="font-family:å®ä½;">å æ¯</span><span style="font-family:Calibri;">10%</span><span style="font-family:å®ä½;">ï¼ä»¥ç¤¾åºåä¸ä¸ºä¸»ï¼çé²è¶å¸ãé¤é¥®ãä¾¿å©åºï¼ï¼ç»åå°ä¸ç©ºé´å¼ååè½¦åä»å¨åè½ã</span><o:p></o:p></span></section></li></ul><section style="margin-bottom: 16px;"><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.è®¾è®¡å»ºè®®<o:p></o:p></span></strong></section><ul class="list-paddingleft-1" style="list-style-type: disc;"><li><section style="margin-bottom: 16px;"><strong><span style="font-size: 10.5pt;font-family: å®ä½;">å»ºçå½¢æï¼</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;">ä½å®éç¨é«å±</span><span style="font-family:Calibri;">+</span><span style="font-family:å®ä½;">å°é«å±ç»åï¼å¤ç«é¢ä»¥ç°ä»£ç®çº¦é£æ ¼ä¸ºä¸»ï¼ååå»ºçæ³¨éç»¿è²èè½è®¾è®¡ï¼å¦åä¼å¹å¢ï¼ã</span><o:p></o:p></span></section></li><li><section style="margin-bottom: 16px;"><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¬å±ç©ºé´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;">è®¾ç½®å±äº«åå¬åºãå±é¡¶è±åãç¤¾åºå¾ä¹¦é¦çï¼å¢å¼ºç¤¾äº¤å±æ§ã<o:p></o:p></span></section></li></ul><section style="margin-bottom: 16px;"><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.å·®å¼åç«äºå<o:p></o:p></span></strong></section><ul class="list-paddingleft-1" style="list-style-type: disc;"><li><section style="margin-bottom: 16px;"><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;">äº§ä¸èå¨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;">ä¸åä¸ºç ååºå°ååï¼æä¾äººæå¬å¯ãå®å¶ååå¬ç©ºé´ã<o:p></o:p></span></section></li><li><section style="margin-bottom: 16px;"><strong><span style="font-size: 10.5pt;font-family: å®ä½;">ä»·æ ¼ä¼å¿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;"><span style="font-family:å®ä½;">æ¥¼é¢ä»·ä»</span><span style="font-family:Calibri;">6008</span><span style="font-family:å®ä½;">å</span><span style="font-family:Calibri;">/</span><span style="font-family:å®ä½;">ã¡ï¼å·å¤ææ¬ä¼å¿ï¼å¯å®ä»·ä½äºéæµ¦æ°ååç±»äº§å</span><span style="font-family:Calibri;">5</span><span style="font-family:å®ä½;">ã</span><o:p></o:p></span></section></li></ul><section style="margin-bottom: 16px;"><span style="text-decoration: underline;"><strong><span style="text-decoration: underline;font-family: å®ä½;font-size: 24px;">äºãå®¢æ·å®ä½</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><section style="margin-bottom: 16px;"><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 ¸å¿å®¢ç¾¤<o:p></o:p></span></strong></section><ul class="list-paddingleft-1" style="list-style-type: disc;"><li><section style="margin-bottom: 16px;"><strong><span style="font-size: 10.5pt;font-family: å®ä½;">åä¸ºåå·¥åç§åäººæï¼</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;">å æ¯</span><span style="font-family:Calibri;">50%</span><span style="font-family:å®ä½;">ï¼å¹´é¾</span><span style="font-family:Calibri;">25-40</span><span style="font-family:å®ä½;">å²ï¼æ³¨ééå¤ä¾¿å©åç¤¾åºéå¥ã</span><o:p></o:p></span></section></li><li><section style="margin-bottom: 16px;"><strong><span style="font-size: 10.5pt;font-family: å®ä½;">æèµå®¢ç¾¤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;"><span style="font-family:å®ä½;">å æ¯</span><span style="font-family:Calibri;">30%</span><span style="font-family:å®ä½;">ï¼çå¥½é¿ä¸è§ç¤ºèåºé¿æå¢å¼æ½åã</span><o:p></o:p></span></section></li><li><section style="margin-bottom: 16px;"><strong><span style="font-size: 10.5pt;font-family: å®ä½;">æ¬å°æ¹åå®¶åºï¼</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;">å æ¯</span><span style="font-family:Calibri;">20%</span><span style="font-family:å®ä½;">ï¼éæµ¦åå¨è¾¹åéå±æ°ï¼åå¥½ä½æ»ä»·ãé«æ§ä»·æ¯äº§åã</span><o:p></o:p></span></section></li></ul><section style="margin-bottom: 16px;"><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.ç»åéæ±<o:p></o:p></span></strong></section><ul class="list-paddingleft-1" style="list-style-type: disc;"><li><section style="margin-bottom: 16px;"><strong><span style="font-size: 10.5pt;font-family: å®ä½;">åéåï¼</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:Calibri;">80-100</span><span style="font-family:å®ä½;">ã¡ä¸¤è³ä¸æ¿ï¼æ»ä»·</span><span style="font-family:Calibri;">300</span><span style="font-family:å®ä½;">ä¸</span><span style="font-family:Calibri;">-400</span><span style="font-family:å®ä½;">ä¸åã</span><o:p></o:p></span></section></li><li><section style="margin-bottom: 16px;"><strong><span style="font-size: 10.5pt;font-family: å®ä½;">æ¹ååï¼</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:Calibri;">120-140</span><span style="font-family:å®ä½;">ã¡åæ¿ï¼æ»ä»·</span><span style="font-family:Calibri;">500</span><span style="font-family:å®ä½;">ä¸</span><span style="font-family:Calibri;">-600</span><span style="font-family:å®ä½;">ä¸åã</span><o:p></o:p></span></section></li><li><section style="margin-bottom: 16px;"><strong><span style="font-size: 10.5pt;font-family: å®ä½;">æèµåï¼</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;">å°é¢ç§¯åå¬ï¼</span><span style="font-family:Calibri;">50-80</span><span style="font-family:å®ä½;">ã¡ï¼ååéºï¼æ»ä»·</span><span style="font-family:Calibri;">150</span><span style="font-family:å®ä½;">ä¸</span><span style="font-family:Calibri;">-300</span><span style="font-family:å®ä½;">ä¸åã</span><o:p></o:p></span></section></li></ul><section style="margin-bottom: 16px;"><span style="text-decoration: underline;"><strong><span style="text-decoration: underline;font-family: å®ä½;font-size: 24px;">åãå¼åå»ºè®®</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><section style="margin-bottom: 16px;"><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.äº§åè®¾è®¡</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: 16px;"><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;">ä¼åå¼åä½å®é¨åï¼å¿«éåç¬¼èµéï¼ååé¨ååæå»ºè®¾ï¼å¹éäº§ä¸å¯¼å¥èå¥ã<o:p></o:p></span></section></li></ul><section style="margin-bottom: 16px;"><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.è¥éçç¥<o:p></o:p></span></strong></section><ul class="list-paddingleft-1" style="list-style-type: disc;"><li><section style="margin-bottom: 16px;"><strong><span style="font-size: 10.5pt;font-family: å®ä½;">æ¸ éæå±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;"><span style="font-family:å®ä½;">ä¸åä¸ºçä¼ä¸åä½ï¼æ¨åºåå·¥è´æ¿ä¼æ ï¼éå¯¹æèµå®¢å¼ºè°ç§éåæ¥çï¼é¢è®¡ä½å®ç§éçº¦</span><span style="font-family:Calibri;">5000</span><span style="font-family:å®ä½;">å</span><span style="font-family:Calibri;">/</span><span style="font-family:å®ä½;">æï¼ã</span><o:p></o:p></span></section></li><li><section style="margin-bottom: 16px;"><strong><span style="font-size: 10.5pt;font-family: å®ä½;">åçæé 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;"><span style="font-family:å®ä½;">ä»¥âè¥¿å²ç§åçæ´»åâä¸º</span><span style="font-family:Calibri;">IP</span><span style="font-family:å®ä½;">ï¼çªåºäº§åèåæ¦å¿µã</span><o:p></o:p></span></section></li></ul><section style="margin-bottom: 16px;"><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.é£é©æç¤º<o:p></o:p></span></strong></section><ul class="list-paddingleft-1" style="list-style-type: disc;"><li><section style="margin-bottom: 16px;"><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;">éå¥æ»åï¼</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;">åºååä¸ãæè²éå¥å»ºè®¾å¨æå¯è½é¿äºé¢æï¼éé¢çèªè¥éå¥èµéã<o:p></o:p></span></section></li><li><section style="margin-bottom: 16px;"><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;">æ¿çåå¨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;">é¿ä¸è§ä¸ä½åæ¿çè½å°éåº¦æå½±åäººå£å¯¼å¥æçã<o:p></o:p></span></section></li></ul><section style="margin-bottom: 16px;"><span style="text-decoration: underline;"><strong><span style="text-decoration: underline;font-family: å®ä½;font-size: 24px;">ä¸ãåºä»·å»ºè®®</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><section style="margin-bottom: 16px;"><strong><span style="font-size: 10.5pt;font-family: å®ä½;">1.èµ·æä»·çç¥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;"><span style="font-family:Calibri;">17.544</span><span style="font-family:å®ä½;">äº¿</span><span style="font-family:Calibri;">-19.3</span><span style="font-family:å®ä½;">äº¿åï¼æº¢ä»·ç</span><span style="font-family:Calibri;">0%-10%</span><span style="font-family:å®ä½;">ï¼ï¼</span><span style="font-family:Calibri;">2023</span><span style="font-family:å®ä½;">å¹´åç±»å°ååä¸ºåºä»·æäº¤ï¼ã</span><o:p></o:p></span></section><section style="margin-bottom: 16px;"><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.ä¼åçº§æåº</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: 16px;"><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¸éè®¾ç½®ï¼ä»¥</span><span style="font-family:Calibri;">18.8</span><span style="font-family:å®ä½;">äº¿åä¸ºå¿çé²çº¿ï¼éè¿è·³è·å¼å ä»·åå¶å¯¹æï¼</span><o:p></o:p></span></section></li><li><section style="margin-bottom: 16px;"><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¥éå½èµèæ¯ä¼ä¸å¼ºå¿ç«äºï¼å¯éåº¦æ¾å®½è³</span><span style="font-family:Calibri;">19.3</span><span style="font-family:å®ä½;">äº¿åï¼ä½éåæ¥åç¼©è®¾è®¡åå»ºå®ææ¬ï¼</span><o:p></o:p></span></section></li><li><section style="margin-bottom: 16px;"><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¿åé·å¥éçæ§ç«ä»·ï¼ç¡®ä¿ç¨åå©æ¶¦çâ¥</span><span style="font-family:Calibri;">12%</span><o:p></o:p></span></section></li></ul><section style="margin-bottom: 16px;"><span style="text-decoration: underline;"><strong><span style="text-decoration: underline;font-family: å®ä½;font-size: 24px;">å«ãåé¡¹æ»ç»</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: 16px;"><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;">åºä½ï¼</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;">æ¿ççº¢å©æ¾èï¼ä½éæ¶é´åç°ï¼äº¤éåçæä¸ºæ 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style="font-family:å®ä½;">ä½ææ¬ä¸ºæ ¸å¿ç«äºåï¼è®¾è®¡éå¹³è¡¡åè½ä¸ææ¬ã</span><o:p></o:p></span></section></li><li><section style="margin-bottom: 16px;"><strong><span style="font-size: 10.5pt;font-family: å®ä½;">å®¢æ·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;"><span style="font-family:å®ä½;">ç²¾åéå®ç§åäººç¾¤ï¼å¼ºåâèä½ä¸ä½âåç¹ã</span><o:p></o:p></span></section></li><li><section style="margin-bottom: 16px;"><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;">å¼åï¼</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 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