<ul style="list-style-type: disc;" class="list-paddingleft-1"></ul><p data-pm-slice="0 0 []" style="margin-top: 16px;"><span style="font-family: å®ä½;font-size: 10.5pt;"><font face="å®ä½"><span leaf=""><span textstyle="" style="font-size: 24px;color: #7c8b09;font-weight: bold;text-decoration: underline;">ä¸ã项ç®æ¦åµ</span></span></font><font face="å®ä½"></font></span><span style="font-family: å®ä½;font-size: 10.5pt;"><o:p></o:p></span></p><ul style="list-style-type: disc;" class="list-paddingleft-1"><li><p style="margin-top: 16px;"><span style="font-family: å®ä½;font-size: 10.5pt;"><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">å°åç¼å·ï¼</span></span></font><font face="Calibri"><span leaf="">N0.</span></font><font face="å®ä½"><span leaf="">æ°åº</span></font><font face="Calibri"><span leaf="">2025G04</span></font></span><span style="font-family: å®ä½;font-size: 10.5pt;"><o:p></o:p></span></p></li><li><p style="margin-top: 16px;"><span style="font-family: å®ä½;font-size: 10.5pt;"><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">ä½ç½®ï¼</span>æ±åæ°åºä¸é河大è¡ä»¥åã横æ±å¤§é以西ï¼</span></font><font face="Calibri"><span leaf="">NJJBd010-16-18</span></font><font face="å®ä½"><span leaf="">ï¼</span></font></span><span style="font-family: å®ä½;font-size: 10.5pt;"><o:p></o:p></span></p></li><li><p style="margin-top: 16px;"><span style="font-family: å®ä½;font-size: 10.5pt;"><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">åºè®©é¢ç§¯ï¼</span></span></font><font face="Calibri"><span leaf="">32084.43</span></font><font face="å®ä½"><span leaf="">å¹³æ¹ç±³ï¼çº¦</span></font><font face="Calibri"><span leaf="">48.13</span></font><font face="å®ä½"><span leaf="">亩ï¼</span></font></span><span style="font-family: å®ä½;font-size: 10.5pt;"><o:p></o:p></span></p></li><li><p style="margin-top: 16px;"><span style="font-family: å®ä½;font-size: 10.5pt;"><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">容积çï¼</span></span></font><font face="Calibri"><span leaf="">1.01<R</span></font><font face="å®ä½"><span leaf="">â¤</span></font><font face="Calibri"><span leaf="">1.8</span></font><font face="å®ä½"><span leaf="">ï¼ä½å¯åº¦ä½å® ç¨å°ï¼</span></font></span><span style="font-family: å®ä½;font-size: 10.5pt;"><o:p></o:p></span></p></li><li><p style="margin-top: 16px;"><span style="font-family: å®ä½;font-size: 10.5pt;"><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">èµ·å§ä»·ï¼</span></span></font><font face="Calibri"><span leaf="">10.34</span></font><font face="å®ä½"><span leaf="">亿å ï¼èµ·å§æ¥¼é¢ä»·çº¦</span></font><font face="Calibri"><span leaf="">1.8</span></font><font face="å®ä½"><span leaf="">ä¸å </span></font><font face="Calibri"><span leaf="">/</span></font><font face="å®ä½"><span leaf="">ã¡ï¼</span></font></span><span style="font-family: å®ä½;font-size: 10.5pt;"><o:p></o:p></span></p></li><li><p style="margin-top: 16px;"><span style="font-family: å®ä½;font-size: 10.5pt;"><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">è§åç¨éï¼</span>纯ä½å® ç¨å°</span></font></span><span style="font-family: å®ä½;font-size: 10.5pt;"><o:p></o:p></span></p></li><li><p style="margin-top: 16px;"><span style="font-family: å®ä½;font-size: 10.5pt;"><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">å¼åå¨æï¼</span>建议å¼åå¨æ为</span></font><font face="Calibri"><span leaf="">3</span></font><font face="å®ä½"><span leaf="">å¹´ï¼å«è®¾è®¡ãæ¥å»ºãæ½å·¥å交ä»ï¼ã</span></font></span><span style="font-family: å®ä½;font-size: 10.5pt;"><o:p></o:p></span></p></li></ul><p style="margin-top: 16px;"><span><font face="å®ä½"><span leaf="" style="font-family: å®ä½;font-size: 10.5pt;"><span textstyle="" style="font-size: 24px;color: #7c8b09;font-weight: bold;text-decoration: underline;">äºãåºä½åæ</span></span></font></span><span style="font-family: å®ä½;font-size: 10.5pt;"><o:p></o:p></span></p><p style="margin-top: 16px;"><span style="font-family: å®ä½;font-size: 10.5pt;"><font face="å®ä½"></font><font face="Calibri"><span leaf=""><span textstyle="" style="font-weight: bold;">1. </span></span></font><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">交éé å¥</span></span></font></span><span style="font-family: å®ä½;font-size: 10.5pt;"><o:p></o:p></span></p><ul style="list-style-type: disc;" class="list-paddingleft-1"><li><p style="margin-top: 16px;"><span style="font-family: å®ä½;font-size: 10.5pt;"><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">主干路ç½ï¼</span>å°åç´§é»æ¨ªæ±å¤§éï¼åå¸å¿«éè·¯ï¼ãä¸é河大è¡ï¼å¯å¿«ééè¾¾é¿æ±é§éãæ¬åæ±é§éï¼</span></font><font face="Calibri"><span leaf="">30</span></font><font face="å®ä½"><span leaf="">åéç´è¾¾ä¸»åæ ¸å¿åºï¼</span></font></span><span style="font-family: å®ä½;font-size: 10.5pt;"><o:p></o:p></span></p></li><li><p style="margin-top: 16px;"><span style="font-family: å®ä½;font-size: 10.5pt;"><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">轨é交éï¼</span>è·ç¦»å°é</span></font><font face="Calibri"><span leaf="">11</span></font><font face="å®ä½"><span leaf="">å·çº¿ä¸éæ²³ç«ï¼è§åä¸ï¼çº¦</span></font><font face="Calibri"><span leaf="">1.2</span></font><font face="å®ä½"><span leaf="">å ¬éï¼æªæ¥å¯ä¸²èæ±å</span></font><font face="Calibri"><span leaf="">CBD</span></font><font face="å®ä½"><span leaf="">ãé¼æ¥¼æ»¨æ±çæ¿åï¼</span></font></span><span style="font-family: å®ä½;font-size: 10.5pt;"><o:p></o:p></span></p></li><li><p style="margin-top: 16px;"><span style="font-family: å®ä½;font-size: 10.5pt;"><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">å ¬äº¤çº¿è·¯ï¼</span>å¨è¾¹ç°æå ¬äº¤</span></font><font face="Calibri"><span leaf="">614</span></font><font face="å®ä½"><span leaf="">è·¯ã</span></font><font face="Calibri"><span leaf="">D58</span></font><font face="å®ä½"><span leaf="">è·¯ï¼è¦çæ±åæ°åºæ ¸å¿åºåå京主åã</span></font></span><span style="font-family: å®ä½;font-size: 10.5pt;"><o:p></o:p></span></p></li></ul><p style="margin-top: 16px;"><span style="font-family: å®ä½;font-size: 10.5pt;"><font face="å®ä½"></font><font face="Calibri"><span leaf=""><span textstyle="" style="font-weight: bold;">2. </span></span></font><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">åä¸é å¥</span></span></font></span><span style="font-family: å®ä½;font-size: 10.5pt;"><o:p></o:p></span></p><ul style="list-style-type: disc;" class="list-paddingleft-1"><li><p style="margin-top: 16px;"><span style="font-family: å®ä½;font-size: 10.5pt;"><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">åºå级åä¸ï¼</span></span></font><font face="Calibri"><span leaf="">3</span></font><font face="å®ä½"><span leaf="">å ¬éèå´å ææ±åè¹æ¦åãé¾æ¹å¤©è¡ï¼å¨å»ºï¼ï¼æ»¡è¶³é«ç«¯æ¶è´¹éæ±ï¼</span></font></span><span style="font-family: å®ä½;font-size: 10.5pt;"><o:p></o:p></span></p></li><li><p style="margin-top: 16px;"><span style="font-family: å®ä½;font-size: 10.5pt;"><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">社åºåä¸ï¼</span>å°åå侧è§å社åºåºåï¼å¨è¾¹</span></font><font face="Calibri"><span leaf="">1</span></font><font face="å®ä½"><span leaf="">å ¬éå æä¸éæ²³é»éä¸å¿ï¼è§åä¸ï¼ã</span></font></span><span style="font-family: å®ä½;font-size: 10.5pt;"><o:p></o:p></span></p></li></ul><p style="margin-top: 16px;"><span style="font-family: å®ä½;font-size: 10.5pt;"><font face="å®ä½"></font><font face="Calibri"><span leaf=""><span textstyle="" style="font-weight: bold;">3. </span></span></font><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">æè²èµæº</span></span></font></span><span style="font-family: å®ä½;font-size: 10.5pt;"><o:p></o:p></span></p><ul style="list-style-type: disc;" class="list-paddingleft-1"><li><p style="margin-top: 16px;"><span style="font-family: å®ä½;font-size: 10.5pt;"><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">åºç¡æè²ï¼</span>æ±åæ°åºç¬¬ä¸å¹¼å¿åï¼ç级示èåï¼ã浦å£å®éªå°å¦ï¼ä¸éæ²³åæ ¡ï¼ãå京ä¸ä¸æ±åæ°åºåæ ¡ï¼ä¹å¹´ä¸è´¯å¶ï¼ï¼</span></font></span><span style="font-family: å®ä½;font-size: 10.5pt;"><o:p></o:p></span></p></li><li><p style="margin-top: 16px;"><span style="font-family: å®ä½;font-size: 10.5pt;"><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">é«çæè²ï¼</span>å京工ä¸å¤§å¦æ±åæ ¡åºï¼è½¦ç¨</span></font><font face="Calibri"><span leaf="">10</span></font><font face="å®ä½"><span leaf="">åéï¼ã</span></font></span><span style="font-family: å®ä½;font-size: 10.5pt;"><o:p></o:p></span></p></li></ul><p style="margin-top: 16px;"><span style="font-family: å®ä½;font-size: 10.5pt;"><font face="å®ä½"></font><font face="Calibri"><span leaf=""><span textstyle="" style="font-weight: bold;">4. </span></span></font><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">å»çèµæº</span></span></font></span><span style="font-family: å®ä½;font-size: 10.5pt;"><o:p></o:p></span></p><ul style="list-style-type: disc;" class="list-paddingleft-1"><li><p style="margin-top: 16px;"><span style="font-family: å®ä½;font-size: 10.5pt;"><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">ä¸ç²å»é¢ï¼</span>é¼æ¥¼å»é¢æ±åå½é å»é¢ï¼è½¦ç¨</span></font><font face="Calibri"><span leaf="">8</span></font><font face="å®ä½"><span leaf="">åéï¼ãæ±èç人æ°å»é¢æµ¦å£åé¢ï¼</span></font></span><span style="font-family: å®ä½;font-size: 10.5pt;"><o:p></o:p></span></p></li><li><p style="margin-top: 16px;"><span style="font-family: å®ä½;font-size: 10.5pt;"><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">社åºå«çï¼</span>ä¸é河社åºå«çæå¡ä¸å¿ï¼è§åä¸ï¼ã</span></font></span><span style="font-family: å®ä½;font-size: 10.5pt;"><o:p></o:p></span></p></li></ul><p style="margin-top: 16px;"><span style="font-family: å®ä½;font-size: 10.5pt;"><font face="å®ä½"></font><font face="Calibri"><span leaf=""><span textstyle="" style="font-weight: bold;">5. </span></span></font><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">çæä¼é²</span></span></font></span><span style="font-family: å®ä½;font-size: 10.5pt;"><o:p></o:p></span></p><ul style="list-style-type: disc;" class="list-paddingleft-1"><li><p style="margin-top: 16px;"><span style="font-family: å®ä½;font-size: 10.5pt;"><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">å ¬å绿å°ï¼</span>éé¾ç»¿å¸¦å ¬åï¼ç´çº¿è·ç¦»</span></font><font face="Calibri"><span leaf="">800</span></font><font face="å®ä½"><span leaf="">ç±³ï¼ãä¸é河滨水æ¯è§å¸¦ï¼æ²¿æ²³æ¥éï¼ï¼</span></font></span><span style="font-family: å®ä½;font-size: 10.5pt;"><o:p></o:p></span></p></li><li><p style="margin-top: 16px;"><span style="font-family: å®ä½;font-size: 10.5pt;"><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">ææ èµæºï¼</span>å京ç¾æ¯é¦æ°é¦ãæ±åå¾ä¹¦é¦ï¼è½¦ç¨</span></font><font face="Calibri"><span leaf="">10</span></font><font face="å®ä½"><span leaf="">åéï¼ã</span></font></span><span style="font-family: å®ä½;font-size: 10.5pt;"><o:p></o:p></span></p></li></ul><p style="margin-top: 16px;"><span><font face="å®ä½"><span leaf="" style="font-family: å®ä½;font-size: 10.5pt;"><span textstyle="" style="font-size: 24px;color: #7c8b09;font-weight: bold;text-decoration: underline;">ä¸ãå¸åºåæ</span></span></font></span><span style="font-family: å®ä½;font-size: 10.5pt;"><o:p></o:p></span></p><p style="margin-top: 16px;"><span style="font-family: å®ä½;font-size: 10.5pt;"><font face="å®ä½"></font><font face="Calibri"><span leaf=""><span textstyle="" style="font-weight: bold;">1. </span></span></font><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">ä¾éç°ç¶</span></span></font></span><span style="font-family: å®ä½;font-size: 10.5pt;"><o:p></o:p></span></p><ul style="list-style-type: disc;" class="list-paddingleft-1"><li><p style="margin-top: 16px;"><span style="font-family: å®ä½;font-size: 10.5pt;"><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">ä¾åºç«¯ï¼</span></span></font><font face="Calibri"><span leaf="">2024</span></font><font face="å®ä½"><span leaf="">å¹´æ±åæ°åºä½å® ç¨å°æ交åæ¯åå°</span></font><font face="Calibri"><span leaf="">15%</span></font><font face="å®ä½"><span leaf="">ï¼æ ¸å¿åºåºåå»åå¨æéè³</span></font><font face="Calibri"><span leaf="">6</span></font><font face="å®ä½"><span leaf="">个æï¼</span></font></span><span style="font-family: å®ä½;font-size: 10.5pt;"><o:p></o:p></span></p></li><li><p style="margin-top: 16px;"><span style="font-family: å®ä½;font-size: 10.5pt;"><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">éæ±ç«¯ï¼</span>æ±åæ°åºå¹´åæ°å¢å¸¸ä½äººå£</span></font><font face="Calibri"><span leaf="">2.5</span></font><font face="å®ä½"><span leaf="">ä¸äººï¼è´æ¿ä¸»å为å°ç¼æ¹å客群å主åå¤æº¢åéã</span></font></span><span style="font-family: å®ä½;font-size: 10.5pt;"><o:p></o:p></span></p></li></ul><p style="margin-top: 16px;"><span style="font-family: å®ä½;font-size: 10.5pt;"><font face="å®ä½"></font><font face="Calibri"><span leaf=""><span textstyle="" style="font-weight: bold;">2. </span></span></font><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">ç«äºæ ¼å±</span></span></font></span><span style="font-family: å®ä½;font-size: 10.5pt;"><o:p></o:p></span></p><ul style="list-style-type: disc;" class="list-paddingleft-1"><li><p style="margin-top: 16px;"><span style="font-family: å®ä½;font-size: 10.5pt;"><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">å¨å®ç«åï¼</span>å¨è¾¹</span></font><font face="Calibri"><span leaf="">3</span></font><font face="å®ä½"><span leaf="">å ¬éå æä¿å©æ¬åèäºå°ï¼åä»·</span></font><font face="Calibri"><span leaf="">3.8</span></font><font face="å®ä½"><span leaf="">ä¸å </span></font><font face="Calibri"><span leaf="">/</span></font><font face="å®ä½"><span leaf="">ã¡ï¼ãä¸æµ·æ±æ¹¾æ¶ä»£ï¼</span></font><font face="Calibri"><span leaf="">3.5</span></font><font face="å®ä½"><span leaf="">ä¸å </span></font><font face="Calibri"><span leaf="">/</span></font><font face="å®ä½"><span leaf="">ã¡ï¼ï¼ä¸»æ</span></font><font face="Calibri"><span leaf="">100-140</span></font><font face="å®ä½"><span leaf="">ã¡æ¹åæ·åï¼</span></font></span><span style="font-family: å®ä½;font-size: 10.5pt;"><o:p></o:p></span></p></li><li><p style="margin-top: 16px;"><span style="font-family: å®ä½;font-size: 10.5pt;"><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">å·®å¼å空é´ï¼</span>åºåå å°é«å±ãæ´æ¿äº§åç¨ç¼ºï¼å®¹ç§¯ç</span></font><font face="Calibri"><span leaf="">1.8</span></font><font face="å®ä½"><span leaf="">å¯æé ä½å¯ç¤¾åºã</span></font></span><span style="font-family: å®ä½;font-size: 10.5pt;"><o:p></o:p></span></p></li></ul><p style="margin-top: 16px;"><span style="font-family: å®ä½;font-size: 10.5pt;"><font face="å®ä½"></font><font face="Calibri"><span leaf=""><span textstyle="" style="font-weight: bold;">3. </span></span></font><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">æ¿çå©å¥½</span></span></font></span><span style="font-family: å®ä½;font-size: 10.5pt;"><o:p></o:p></span></p><ul style="list-style-type: disc;" class="list-paddingleft-1"><li><p style="margin-top: 16px;"><span style="font-family: å®ä½;font-size: 10.5pt;"><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">åºåè§åï¼</span>æ±åæ°åºä¸ºå½å®¶çº§æ°åºï¼äº«åèªè´¸åºæ¿çï¼äº§ä¸å¯¼å ¥å éï¼</span></font></span><span style="font-family: å®ä½;font-size: 10.5pt;"><o:p></o:p></span></p></li><li><p style="margin-top: 16px;"><span style="font-family: å®ä½;font-size: 10.5pt;"><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">è´æ¿æ¿çï¼</span>å京é¦å¥æ¿å©çéè³</span></font><font face="Calibri"><span leaf="">3.45%</span></font><font face="å®ä½"><span leaf="">ï¼æ±åæ°åºäººæè´æ¿è¡¥è´´æé«</span></font><font face="Calibri"><span leaf="">200</span></font><font face="å®ä½"><span leaf="">ä¸å ã</span></font></span><span style="font-family: å®ä½;font-size: 10.5pt;"><o:p></o:p></span></p></li></ul><p style="margin-top: 16px;"><span><font face="å®ä½"><span leaf="" style="font-family: å®ä½;font-size: 10.5pt;"><span textstyle="" style="font-size: 24px;color: #7c8b09;font-weight: bold;text-decoration: underline;">åã产åå®ä½</span></span></font></span><span style="font-family: å®ä½;font-size: 10.5pt;"><o:p></o:p></span></p><p style="margin-top: 16px;"><span style="font-family: å®ä½;font-size: 10.5pt;"><font face="å®ä½"></font><font face="Calibri"><span leaf=""><span textstyle="" style="font-weight: bold;">1. </span></span></font><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">æ ¸å¿å±æ§</span></span></font></span><span style="font-family: å®ä½;font-size: 10.5pt;"><o:p></o:p></span></p><ul style="list-style-type: disc;" class="list-paddingleft-1"><li><p style="margin-top: 16px;"><span style="font-family: å®ä½;font-size: 10.5pt;"><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">å®ä½ï¼</span>é«ç«¯ä½å¯æ¹åå社åºï¼ä¸»æâçæ</span></font><font face="Calibri"><span leaf="">+</span></font><font face="å®ä½"><span leaf="">ç§æ</span></font><font face="Calibri"><span leaf="">+</span></font><font face="å®ä½"><span leaf="">åè´¨âæ ç¾ï¼</span></font></span><span style="font-family: å®ä½;font-size: 10.5pt;"><o:p></o:p></span></p></li><li><p style="margin-top: 16px;"><span style="font-family: å®ä½;font-size: 10.5pt;"><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">客群éç¹ï¼</span>æ±åæ°åºæ¹å家åºã主åå¤æº¢é«åå¼äººç¾¤ã</span></font></span><span style="font-family: å®ä½;font-size: 10.5pt;"><o:p></o:p></span></p></li></ul><p style="margin-top: 16px;"><span style="font-family: å®ä½;font-size: 10.5pt;"><font face="å®ä½"></font><font face="Calibri"><span leaf=""><span textstyle="" style="font-weight: bold;">2. </span></span></font><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">ä¸æç»å</span></span></font></span><span style="font-family: å®ä½;font-size: 10.5pt;"><o:p></o:p></span></p><ul style="list-style-type: disc;" class="list-paddingleft-1"><li><p style="margin-top: 16px;"><span style="font-family: å®ä½;font-size: 10.5pt;"><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">产å建议ï¼</span></span></font></span><span style="font-family: å®ä½;font-size: 10.5pt;"><o:p></o:p></span></p></li></ul><ul style="list-style-type: circle;margin-left: 32px;margin-right: 32px;" class="list-paddingleft-1"><li><p style="margin-top: 16px;"><span style="font-family: å®ä½;font-size: 10.5pt;"><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">å°é«å±ï¼</span></span></font><font face="Calibri"><span leaf=""><span textstyle="" style="font-weight: bold;">15-18F</span></span></font><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">ï¼ï¼</span>å æ¯</span></font><font face="Calibri"><span leaf="">60%</span></font><font face="å®ä½"><span leaf="">ï¼ä¸»åæ·å</span></font><font face="Calibri"><span leaf="">120-140</span></font><font face="å®ä½"><span leaf="">ã¡åæ¿ï¼</span></font></span><span style="font-family: å®ä½;font-size: 10.5pt;"><o:p></o:p></span></p></li><li><p style="margin-top: 16px;"><span style="font-family: å®ä½;font-size: 10.5pt;"><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">æ´æ¿ï¼</span></span></font><font face="Calibri"><span leaf=""><span textstyle="" style="font-weight: bold;">6-8F</span></span></font><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">ï¼ï¼</span>å æ¯</span></font><font face="Calibri"><span leaf="">30%</span></font><font face="å®ä½"><span leaf="">ï¼ä¸»åæ·å</span></font><font face="Calibri"><span leaf="">160-180</span></font><font face="å®ä½"><span leaf="">ã¡å¤§å¹³å±ï¼</span></font></span><span style="font-family: å®ä½;font-size: 10.5pt;"><o:p></o:p></span></p></li></ul><ul style="list-style-type: disc;" class="list-paddingleft-1"><li><p style="margin-top: 16px;"><span style="font-family: å®ä½;font-size: 10.5pt;"><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">é å¥åä¸ï¼</span>å æ¯</span></font><font face="Calibri"><span leaf="">10%</span></font><font face="å®ä½"><span leaf="">ï¼å¸å±ç¤¾åºä¼æã便å©åºãå¥èº«æ¿ã</span></font></span><span style="font-family: å®ä½;font-size: 10.5pt;"><o:p></o:p></span></p></li></ul><p style="margin-top: 16px;"><span style="font-family: å®ä½;font-size: 10.5pt;"><font face="å®ä½"></font><font face="Calibri"><span leaf=""><span textstyle="" style="font-weight: bold;">3. </span></span></font><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">设计亮ç¹</span></span></font></span><span style="font-family: å®ä½;font-size: 10.5pt;"><o:p></o:p></span></p><ul style="list-style-type: disc;" class="list-paddingleft-1"><li><p style="margin-top: 16px;"><span style="font-family: å®ä½;font-size: 10.5pt;"><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">æ¯è§è®¾è®¡ï¼</span>å©ç¨ä¸éæ²³æ¯è§å¸¦æé âåè½´ä¸åâæ¯è§ä½ç³»ï¼ä¸å¤®æ°´æ¯è½´</span></font><font face="Calibri"><span leaf="">+</span></font><font face="å®ä½"><span leaf="">ä¼é²è½´ï¼ï¼</span></font></span><span style="font-family: å®ä½;font-size: 10.5pt;"><o:p></o:p></span></p></li><li><p style="margin-top: 16px;"><span style="font-family: å®ä½;font-size: 10.5pt;"><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">ç§æé ç½®ï¼</span>å ¨å±æºè½å®¶å± ç³»ç»ãå ä¼å¨è½ä¸ä½å设计ãæ°é£é¤é¾ç³»ç»ï¼</span></font></span><span style="font-family: å®ä½;font-size: 10.5pt;"><o:p></o:p></span></p></li><li><p style="margin-top: 16px;"><span style="font-family: å®ä½;font-size: 10.5pt;"><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">æ·åä¼åï¼</span>ååééã</span></font><font face="Calibri"><span leaf="">LDK</span></font><font face="å®ä½"><span leaf="">ä¸ä½åã</span></font><font face="Calibri"><span leaf="">270</span></font><font face="å®ä½"><span leaf="">°转è§é£çªï¼æ´æ¿äº§åï¼ã</span></font></span><span style="font-family: å®ä½;font-size: 10.5pt;"><o:p></o:p></span></p></li></ul><p style="margin-top: 16px;"><span style="font-family: å®ä½;font-size: 10.5pt;"><font face="å®ä½"></font><font face="Calibri"><span leaf=""><span textstyle="" style="font-weight: bold;">4. </span></span></font><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">å·®å¼åç«äºå</span></span></font></span><span style="font-family: å®ä½;font-size: 10.5pt;"><o:p></o:p></span></p><ul style="list-style-type: disc;" class="list-paddingleft-1"><li><p style="margin-top: 16px;"><span style="font-family: å®ä½;font-size: 10.5pt;"><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">çæä¼å¿ï¼</span>éé¾ç»¿å¸¦å ¬å</span></font><font face="Calibri"><span leaf="">+</span></font><font face="å®ä½"><span leaf="">ä¸éæ²³åæ¯è§èµæºï¼</span></font></span><span style="font-family: å®ä½;font-size: 10.5pt;"><o:p></o:p></span></p></li><li><p style="margin-top: 16px;"><span style="font-family: å®ä½;font-size: 10.5pt;"><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">ç¨ç¼ºæ§ï¼</span>æ¿åå 容积çâ¤</span></font><font face="Calibri"><span leaf="">1.8</span></font><font face="å®ä½"><span leaf="">ç纯ä½å® å°åï¼</span></font></span><span style="font-family: å®ä½;font-size: 10.5pt;"><o:p></o:p></span></p></li><li><p style="margin-top: 16px;"><span style="font-family: å®ä½;font-size: 10.5pt;"><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">产å溢价ï¼</span>ç§æç³»ç»</span></font><font face="Calibri"><span leaf="">+</span></font><font face="å®ä½"><span leaf="">ç²¾è£ æ åã</span></font></span><span style="font-family: å®ä½;font-size: 10.5pt;"><o:p></o:p></span></p></li></ul><p style="margin-top: 16px;"><span><font face="å®ä½"><span leaf="" style="font-family: å®ä½;font-size: 10.5pt;"><span textstyle="" style="font-size: 24px;color: #7c8b09;font-weight: bold;text-decoration: underline;">äºã客æ·å®ä½</span></span></font></span><span style="font-family: å®ä½;font-size: 10.5pt;"><o:p></o:p></span></p><p style="margin-top: 16px;"><span style="font-family: å®ä½;font-size: 10.5pt;"><font face="å®ä½"></font><font face="Calibri"><span leaf=""><span textstyle="" style="font-weight: bold;">1. </span></span></font><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">æ ¸å¿å®¢ç¾¤</span></span></font></span><span style="font-family: å®ä½;font-size: 10.5pt;"><o:p></o:p></span></p><ul style="list-style-type: disc;" class="list-paddingleft-1"><li><p style="margin-top: 16px;"><span style="font-family: å®ä½;font-size: 10.5pt;"><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">æ±åå°ç¼æ¹å客群ï¼å æ¯</span></span></font><font face="Calibri"><span leaf=""><span textstyle="" style="font-weight: bold;">50%</span></span></font><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">ï¼ï¼</span>å¹´é¾</span></font><font face="Calibri"><span leaf="">35-45</span></font><font face="å®ä½"><span leaf="">å²ï¼å®¶åºå¹´æ¶å ¥</span></font><font face="Calibri"><span leaf="">80</span></font><font face="å®ä½"><span leaf="">ä¸</span></font><font face="Calibri"><span leaf="">+</span></font><font face="å®ä½"><span leaf="">ï¼è¿½æ±åè´¨å级ï¼</span></font></span><span style="font-family: å®ä½;font-size: 10.5pt;"><o:p></o:p></span></p></li><li><p style="margin-top: 16px;"><span style="font-family: å®ä½;font-size: 10.5pt;"><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">主åå¤æº¢å®¢ç¾¤ï¼å æ¯</span></span></font><font face="Calibri"><span leaf=""><span textstyle="" style="font-weight: bold;">30%</span></span></font><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">ï¼ï¼</span>é¼æ¥¼ã建éºåºé«åå¼äººç¾¤ï¼æ³¨ééå¤ä¾¿å©æ§ï¼</span></font></span><span style="font-family: å®ä½;font-size: 10.5pt;"><o:p></o:p></span></p></li><li><p style="margin-top: 16px;"><span style="font-family: å®ä½;font-size: 10.5pt;"><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">æèµå®¢ç¾¤ï¼å æ¯</span></span></font><font face="Calibri"><span leaf=""><span textstyle="" style="font-weight: bold;">20%</span></span></font><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">ï¼ï¼</span>ç好æ±åæ°åºåå±æ½åçé¿ä¸è§æèµè ã</span></font></span><span style="font-family: å®ä½;font-size: 10.5pt;"><o:p></o:p></span></p></li></ul><p style="margin-top: 16px;"><span style="font-family: å®ä½;font-size: 10.5pt;"><font face="å®ä½"></font><font face="Calibri"><span leaf=""><span textstyle="" style="font-weight: bold;">2. </span></span></font><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">客群ç»å</span></span></font></span><span style="font-family: å®ä½;font-size: 10.5pt;"><o:p></o:p></span></p><ul style="list-style-type: disc;" class="list-paddingleft-1"><li><p style="margin-top: 16px;"><span style="font-family: å®ä½;font-size: 10.5pt;"><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">家åºå客æ·ï¼</span>å好</span></font><font face="Calibri"><span leaf="">140</span></font><font face="å®ä½"><span leaf="">ã¡åæ¿ï¼å ³æ³¨å¦åºä¸ç¤¾åºå®å ¨ï¼</span></font></span><span style="font-family: å®ä½;font-size: 10.5pt;"><o:p></o:p></span></p></li><li><p style="margin-top: 16px;"><span style="font-family: å®ä½;font-size: 10.5pt;"><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">åè´¨å客æ·ï¼</span>éç</span></font><font face="Calibri"><span leaf="">180</span></font><font face="å®ä½"><span leaf="">ã¡æ´æ¿ï¼è¦æ±ç§å¯æ§ä¸åå±ç¤¾äº¤ï¼</span></font></span><span style="font-family: å®ä½;font-size: 10.5pt;"><o:p></o:p></span></p></li><li><p style="margin-top: 16px;"><span style="font-family: å®ä½;font-size: 10.5pt;"><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">å¹´è½»æ°è´µ</span>ï¼å¾å</span></font><font face="Calibri"><span leaf="">120</span></font><font face="å®ä½"><span leaf="">ã¡ä¸æ¿ï¼éè§æºè½å®¶å± ä¸è¿å¨é å¥ã</span></font></span><span style="font-family: å®ä½;font-size: 10.5pt;"><o:p></o:p></span></p></li></ul><p style="margin-top: 16px;"><span><font face="å®ä½"><span leaf="" style="font-family: å®ä½;font-size: 10.5pt;"><span textstyle="" style="font-size: 24px;color: #7c8b09;font-weight: bold;text-decoration: underline;">å ãå¼å建议</span></span></font></span><span style="font-family: å®ä½;font-size: 10.5pt;"><o:p></o:p></span></p><p style="margin-top: 16px;"><span style="font-family: å®ä½;font-size: 10.5pt;"><font face="å®ä½"></font><font face="Calibri"><span leaf=""><span textstyle="" style="font-weight: bold;">1. </span></span></font><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">产å设计</span></span></font></span><span style="font-family: å®ä½;font-size: 10.5pt;"><o:p></o:p></span></p><ul style="list-style-type: disc;" class="list-paddingleft-1"><li><p style="margin-top: 16px;"><span style="font-family: å®ä½;font-size: 10.5pt;"><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">å¼åèå¥ï¼</span>é¦å¼å°é«å±é¢å¸ï¼æ´æ¿äº§ååæ溢价ï¼</span></font></span><span style="font-family: å®ä½;font-size: 10.5pt;"><o:p></o:p></span></p></li><li><p style="margin-top: 16px;"><span style="font-family: å®ä½;font-size: 10.5pt;"><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">ææ¬æ§å¶ï¼</span>éç¨è£ é å¼å»ºçï¼é¢å¶çâ¥</span></font><font face="Calibri"><span leaf="">30%</span></font><font face="å®ä½"><span leaf="">ï¼ï¼ç¼©çå·¥æã</span></font></span><span style="font-family: å®ä½;font-size: 10.5pt;"><o:p></o:p></span></p></li></ul><p style="margin-top: 16px;"><span style="font-family: å®ä½;font-size: 10.5pt;"><font face="å®ä½"></font><font face="Calibri"><span leaf=""><span textstyle="" style="font-weight: bold;">2. </span></span></font><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">è¥éçç¥</span></span></font></span><span style="font-family: å®ä½;font-size: 10.5pt;"><o:p></o:p></span></p><ul style="list-style-type: disc;" class="list-paddingleft-1"><li><p style="margin-top: 16px;"><span style="font-family: å®ä½;font-size: 10.5pt;"><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">线ä¸å¼çï¼</span>æé³</span></font><font face="Calibri"><span leaf="">/</span></font><font face="å®ä½"><span leaf="">å°çº¢ä¹¦æé âæ±åçæè±ªå® â</span></font><font face="Calibri"><span leaf="">IP</span></font><font face="å®ä½"><span leaf="">ï¼èå¨å¤´é¨æ¿äº§å主ï¼</span></font></span><span style="font-family: å®ä½;font-size: 10.5pt;"><o:p></o:p></span></p></li><li><p style="margin-top: 16px;"><span style="font-family: å®ä½;font-size: 10.5pt;"><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">线ä¸ä½éªï¼</span>å¼æ¾å®æ¯æ ·æ¿åºï¼ç¾çº¦å½é ç©ä¸åçã</span></font></span><span style="font-family: å®ä½;font-size: 10.5pt;"><o:p></o:p></span></p></li></ul><p style="margin-top: 16px;"><span style="font-family: å®ä½;font-size: 10.5pt;"><font face="å®ä½"></font><font face="Calibri"><span leaf=""><span textstyle="" style="font-weight: bold;">3. </span></span></font><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">é£é©æ示</span></span></font></span><span style="font-family: å®ä½;font-size: 10.5pt;"><o:p></o:p></span></p><ul style="list-style-type: disc;" class="list-paddingleft-1"><li><p style="margin-top: 16px;"><span style="font-family: å®ä½;font-size: 10.5pt;"><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">æ¿çé£é©ï¼</span>éä»·æ¿çå¯è½åå¶å©æ¶¦ç©ºé´ï¼</span></font></span><span style="font-family: å®ä½;font-size: 10.5pt;"><o:p></o:p></span></p></li><li><p style="margin-top: 16px;"><span style="font-family: å®ä½;font-size: 10.5pt;"><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">ç«äºé£é©ï¼</span>è¥å¨è¾¹ç«åéä¸å ¥å¸ï¼é强åå·®å¼ååç¹ï¼</span></font></span><span style="font-family: å®ä½;font-size: 10.5pt;"><o:p></o:p></span></p></li><li><p style="margin-top: 16px;"><span style="font-family: å®ä½;font-size: 10.5pt;"><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">交ä»é£é©ï¼</span>ä¸¥æ ¼ç®¡æ§ç²¾è£ è´¨éï¼é¿å ç»´æäºä»¶ã</span></font></span><span style="font-family: å®ä½;font-size: 10.5pt;"><o:p></o:p></span></p></li></ul><p style="margin-top: 16px;"><span><font face="å®ä½"><span leaf="" style="font-family: å®ä½;font-size: 10.5pt;"><span textstyle="" style="font-size: 24px;color: #7c8b09;font-weight: bold;text-decoration: underline;">ä¸ãæååºä»·å»ºè®®</span></span></font></span><span style="font-family: å®ä½;font-size: 10.5pt;"><o:p></o:p></span></p><ul style="list-style-type: disc;" class="list-paddingleft-1"><li><p style="margin-top: 16px;"><span style="font-family: å®ä½;font-size: 10.5pt;"><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">åçæ»ä»·åºé´ï¼</span></span></font><font face="Calibri"><span leaf="">11.8</span></font><font face="å®ä½"><span leaf="">亿</span></font><font face="Calibri"><span leaf="">-12.9</span></font><font face="å®ä½"><span leaf="">亿å ï¼æº¢ä»·ç</span></font><font face="Calibri"><span leaf="">15%-25%</span></font><font face="å®ä½"><span leaf="">ï¼ï¼</span></font></span><span style="font-family: å®ä½;font-size: 10.5pt;"><o:p></o:p></span></p></li><li><p style="margin-top: 16px;"><span style="font-family: å®ä½;font-size: 10.5pt;"><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">æ¿å°çç¥ï¼</span>ä¼å ç«æè³</span></font><font face="Calibri"><span leaf="">12.5</span></font><font face="å®ä½"><span leaf="">亿å ï¼æº¢ä»·ç</span></font><font face="Calibri"><span leaf="">21%</span></font><font face="å®ä½"><span leaf="">ï¼ï¼è¥ç«äºæ¿çå¯ä¸æµ®è³</span></font><font face="Calibri"><span leaf="">13</span></font><font face="å®ä½"><span leaf="">亿å ã</span></font></span><span style="font-family: å®ä½;font-size: 10.5pt;"><o:p></o:p></span></p></li></ul><p style="margin-top: 16px;"><span><font face="å®ä½"><span leaf="" style="font-family: å®ä½;font-size: 10.5pt;"><span textstyle="" style="font-size: 24px;color: #7c8b09;font-weight: bold;text-decoration: underline;">å «ãæ»ç»</span></span></font></span><span style="font-family: å®ä½;font-size: 10.5pt;"><o:p></o:p></span></p><ul style="list-style-type: disc;" class="list-paddingleft-1"><li><p style="margin-top: 16px;"><span style="font-family: å®ä½;font-size: 10.5pt;"><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">åºä½ä»·å¼ï¼</span>æ±åæ°åºæ ¸å¿å°æ®µï¼äº¤éãçæãåä¸èµæºå¯éï¼å ·å¤é¿æå¢å¼æ½åï¼</span></font></span><span style="font-family: å®ä½;font-size: 10.5pt;"><o:p></o:p></span></p></li><li><p style="margin-top: 16px;"><span style="font-family: å®ä½;font-size: 10.5pt;"><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">å¸åºå®ä½ï¼</span>å¡«è¡¥æ¿åä½å¯æ¹å产å空ç½ï¼å¯¹æ 主åé«ç«¯é¡¹ç®ï¼</span></font></span><span style="font-family: å®ä½;font-size: 10.5pt;"><o:p></o:p></span></p></li><li><p style="margin-top: 16px;"><span style="font-family: å®ä½;font-size: 10.5pt;"><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">产åçç¥ï¼</span>以ç§æ</span></font><font face="Calibri"><span leaf="">+</span></font><font face="å®ä½"><span leaf="">çæä¸ºæ ¸å¿åç¹ï¼å¼ºåæ·åä¸ç²¾è£ 溢价ï¼</span></font></span><span style="font-family: å®ä½;font-size: 10.5pt;"><o:p></o:p></span></p></li><li><p style="margin-top: 16px;"><span style="font-family: å®ä½;font-size: 10.5pt;"><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">客æ·èç¦ï¼</span>æ·±èæ±åæ¹å客群ï¼è¾å°ä¸»åå¤æº¢éæ±ï¼</span></font></span><span style="font-family: å®ä½;font-size: 10.5pt;"><o:p></o:p></span></p></li><li><p style="margin-top: 16px;"><span style="font-family: å®ä½;font-size: 10.5pt;"><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">å¼åå ³é®ï¼</span>严æ§ææ¬ä¸åè´¨ï¼è§é¿æ¿çä¸äº¤ä»é£é©ï¼</span></font></span><span style="font-family: å®ä½;font-size: 10.5pt;"><o:p></o:p></span></p></li><li><p style="margin-top: 16px;"><span style="font-family: å®ä½;font-size: 10.5pt;"><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">æååºçº¿ï¼</span>溢价çä¸è¶ è¿</span></font><font face="Calibri"><span leaf="">25%</span></font><font face="å®ä½"><span leaf="">ï¼ç¡®ä¿é¡¹ç®</span></font><font face="Calibri"><span leaf="">IRR</span></font><font face="å®ä½"><span leaf="">â¥</span></font><font face="Calibri"><span leaf="">15%</span></font><font face="å®ä½"><span leaf="">ã</span></font></span></p></li></ul><p style="margin-top: 16px;"><span style="font-family: å®ä½;font-size: 10.5pt;letter-spacing: 0.034em;background-color: transparent;"><span leaf="">ï¼æ³¨ï¼æ¬æ¥åæ°æ®åæ¥èªå ¬å¼ç»è®¡åè¡ä¸è°ç ï¼åæç»è®ºä» ä¾åèï¼</span></span><span leaf=""><br /></span></p><section style="margin-top: 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;"></span></span></section><section style="margin-top: 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;"></span></span></section><section style="margin-bottom: 24px;margin-top: 16px;"><span style="background-color: rgb(255, 255, 255);font-family: 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