<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></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>ç¶æµ·åº</span></font><font face="Calibri"><span leaf="">YH202502</span></font><font face="å®ä½"><span leaf="">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;">ä½ç½®ï¼</span></span><span leaf="">ç¶æµ·åºæå 路以åãèå©è·¯ä»¥è¥¿ï¼å°å¤ç¶æµ·æ ¸å¿åå±å¸¦ä¸æ°å ´å± ä½æ¿å交æ±å¤ã</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="">30,160</span></font><font face="å®ä½"><span leaf="">å¹³æ¹ç±³ï¼çº¦</span></font><font face="Calibri"><span leaf="">45.24</span></font><font face="å®ä½"><span leaf="">亩ï¼ï¼å°åå½¢æè§æ´ï¼ååè¿æ·±éä¸ã</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 textstyle="" style="font-weight: normal;">R</span></span></font><font face="Calibri"><span leaf="">â¤</span></font><font face="Calibri"><span leaf="">2.0</span></font><font face="å®ä½"><span leaf="">ï¼éåæé ä½å¯æ¹åå社åºï¼å»ºè®®æ»å»ºé¢çº¦</span></font><font face="Calibri"><span leaf="">60,320</span></font><font face="å®ä½"><span leaf="">å¹³æ¹ç±³ã</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="">3.6418</span></font><font face="å®ä½"><span leaf="">亿å ï¼çº¦æ¥¼é¢ä»·</span></font><font face="Calibri"><span leaf="">6,037</span></font><font face="å®ä½"><span leaf="">å </span></font><font face="Calibri"><span leaf="">/</span></font><font face="å®ä½"><span leaf="">å¹³æ¹ç±³ï¼ã</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>çº¯å± ä½ç¨å°ï¼éé 建社åºæå¡ç¨æ¿ï¼å«å »è设æ½ï¼ã</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>é¢è®¡æ¿å°å</span></font><font face="Calibri"><span leaf="">6</span></font><font face="å®ä½"><span leaf="">个æå å¼å·¥ï¼å»ºè®¾å¨æ</span></font><font face="Calibri"><span leaf="">24</span></font><font face="å®ä½"><span leaf="">个æå¸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;">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;">轨é交éï¼</span>è·å°é</span></font><font face="Calibri"><span leaf="">6</span></font><font face="å®ä½"><span leaf="">å·çº¿ï¼è§åä¸ï¼</span></font><font face="Calibri"><span leaf="">2026</span></font><font face="å®ä½"><span leaf="">å¹´é车ï¼âæå è·¯ç«â约</span></font><font face="Calibri"><span leaf="">800</span></font><font face="å®ä½"><span leaf="">ç±³ï¼æªæ¥å¯ç´è¾¾æ¿å¡åºã滨æ¹æ°åºã</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;">主干路ç½ï¼</span>æå è·¯ï¼åå</span></font><font face="Calibri"><span leaf="">6</span></font><font face="å®ä½"><span leaf="">车éï¼è¿æ¥ç¶æµ·èåä¸ä¸é¨æ°åï¼èå©è·¯è¥¿æ¥é¿æ±ä¸è·¯ï¼</span></font><font face="Calibri"><span leaf="">10</span></font><font face="å®ä½"><span leaf="">åé车ç¨å¯è¾¾åè¥ç»åé«éé¾å¡åºå£ã</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 ¬å ±äº¤éï¼</span>å°å</span></font><font face="Calibri"><span leaf="">500</span></font><font face="å®ä½"><span leaf="">ç±³å 设</span></font><font face="Calibri"><span leaf="">3</span></font><font face="å®ä½"><span leaf="">æ¡å ¬äº¤çº¿ï¼</span></font><font face="Calibri"><span leaf="">2</span></font><font face="å®ä½"><span leaf="">è·¯ã</span></font><font face="Calibri"><span leaf="">15</span></font><font face="å®ä½"><span leaf="">è·¯ã</span></font><font face="Calibri"><span leaf="">302</span></font><font face="å®ä½"><span leaf="">è·¯ï¼ï¼è¦çç¶æµ·åºæ¿åºãç«è½¦ç«çæ ¸å¿èç¹ã</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;">大ååä¸ï¼</span>ç¶æµ·ä¸è¾¾å¹¿åºï¼</span></font><font face="Calibri"><span leaf="">3</span></font><font face="å®ä½"><span leaf="">å ¬éï¼ãå®ä¸ä¸å广åºï¼</span></font><font face="Calibri"><span leaf="">4</span></font><font face="å®ä½"><span leaf="">å ¬éï¼æä¾ä¸ç«å¼æ¶è´¹ï¼</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>èå©è·¯æ²¿è¡åºåæçï¼</span></font><font face="Calibri"><span leaf="">1</span></font><font face="å®ä½"><span leaf="">å ¬éå ææ°¸è¾è¶ å¸ãçé²èå¸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;">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;">å¹¼å¿åï¼</span>ç¶æµ·åºå®éªå¹¼å¿åï¼ç级示èåï¼</span></font><font face="Calibri"><span leaf="">1.2</span></font><font face="å®ä½"><span leaf="">å ¬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;">ä¸å°å¦ï¼</span>æå 路第ä¸å°å¦ï¼åè¥å¸éç¹ï¼ã第ä¸åå «ä¸å¦ï¼ç¶æµ·åºåå¦ç</span></font><font face="Calibri"><span leaf="">TOP3</span></font><font face="å®ä½"><span leaf="">ï¼ï¼åä½äº</span></font><font face="Calibri"><span leaf="">1.5</span></font><font face="å®ä½"><span leaf="">å ¬éåå¾å 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;">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="">ç¶æµ·åºäººæ°å»é¢ï¼äºç²ï¼</span></font><font face="Calibri"><span leaf="">2</span></font><font face="å®ä½"><span leaf="">å ¬éï¼ãåè¥å¸ç¬¬äºäººæ°å»é¢ï¼ä¸ç²ï¼</span></font><font face="Calibri"><span leaf="">4</span></font><font face="å®ä½"><span leaf="">å ¬éï¼ã</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="">ç¶æµ·æ¹¾æ¹¿å°å ¬åï¼è§å</span></font><font face="Calibri"><span leaf="">2026</span></font><font face="å®ä½"><span leaf="">年建æï¼å å°</span></font><font face="Calibri"><span leaf="">1200</span></font><font face="å®ä½"><span leaf="">亩ï¼è·å°å</span></font><font face="Calibri"><span leaf="">1.8</span></font><font face="å®ä½"><span leaf="">å ¬éï¼æªæ¥ä¸ºçåºæ大çæ绿èºï¼</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="">ç°ç¶å¯å©ç¨æå è·¯è¡å¤´æ¸¸åï¼</span></font><font face="Calibri"><span leaf="">500</span></font><font face="å®ä½"><span leaf="">ç±³ï¼ä½ä¸ºä¸´æ¶ä¼é²é 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;">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;">åºåå»åï¼</span>ç¶æµ·åº</span></font><font face="Calibri"><span leaf="">2025</span></font><font face="å®ä½"><span leaf="">å¹´ä¸å£åº¦æ°æ¿åºå约</span></font><font face="Calibri"><span leaf="">45</span></font><font face="å®ä½"><span leaf="">ä¸æ¹ï¼å»åå¨æ</span></font><font face="Calibri"><span leaf="">12</span></font><font face="å®ä½"><span leaf="">个æï¼å ¶ä¸</span></font><font face="Calibri"><span leaf="">100-140</span></font><font face="å®ä½"><span leaf="">ã¡æ·åå æ¯è¶ </span></font><font face="Calibri"><span leaf="">60%</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;">ä»·æ ¼è¶å¿ï¼</span>æ°æ¿åä»·</span></font><font face="Calibri"><span leaf="">1.65</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¡ï¼åæ¯</span></font><font face="Calibri"><span leaf="">+3%</span></font><font face="å®ä½"><span leaf="">ï¼ï¼äºææ¿</span></font><font face="Calibri"><span leaf="">1.4</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¡ï¼æçéåæ¯</span></font><font face="Calibri"><span leaf="">+15%</span></font><font face="å®ä½"><span leaf="">ï¼ï¼åæ缩å°åæ å¸åºè¶ç¨³ã</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;">ç´æ¥ç«åï¼</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="">ä¸ä¾§</span></font><font face="å®ä½"><span leaf="">âæå 壹å·âï¼ç°æ¿ï¼åä»·</span></font><font face="Calibri"><span leaf="">1.8</span></font><font face="å®ä½"><span leaf="">ä¸</span></font><font face="Calibri"><span leaf="">/</span></font><font face="å®ä½"><span leaf="">ã¡ï¼ä¸»å</span></font><font face="Calibri"><span leaf="">90-120</span></font><font face="å®ä½"><span leaf="">ã¡ï¼å»åç</span></font><font face="Calibri"><span leaf="">70%</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="">å侧</span></font><font face="å®ä½"><span leaf="">âèå©è·¯</span></font><font face="Calibri"><span leaf="">9</span></font><font face="å®ä½"><span leaf="">å·âï¼ææ¿ï¼ä¸»æç§æä½å® ï¼åä»·</span></font><font face="Calibri"><span leaf="">1.85</span></font><font face="å®ä½"><span leaf="">ä¸</span></font><font face="Calibri"><span leaf="">/</span></font><font face="å®ä½"><span leaf="">ã¡ï¼ã</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;">å·®å¼åæºä¼ï¼</span>çåºç¼ºä¹ä½å¯æ´æ¿äº§åï¼å®¹ç§¯ç</span></font><font face="Calibri"><span leaf="">2.0</span></font><font face="å®ä½"><span leaf="">å¯æé âå°é«</span></font><font face="Calibri"><span leaf="">+</span></font><font face="å®ä½"><span leaf="">æ´æ¿âç»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;">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="">ç¶æµ·åº</span></font><font face="å®ä½"><span leaf="">â人æå®å± 计åâï¼é对æ¬ç§ä»¥ä¸äººææä¾æé«</span></font><font face="Calibri"><span leaf="">20</span></font><font face="å®ä½"><span leaf="">ä¸å è´æ¿è¡¥è´´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="">åè¥å¸å ¬ç§¯é贷款é¢åº¦ä¸è°è³å人</span></font><font face="Calibri"><span leaf="">65</span></font><font face="å®ä½"><span leaf="">ä¸å ã夫妻</span></font><font face="Calibri"><span leaf="">95</span></font><font face="å®ä½"><span leaf="">ä¸å ï¼éä½åéè´æ¿é¨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><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;">客群æ ç¾ï¼</span>å°ç¼æ¹åå家åºã主åå¤æº¢åéãå¹´è½»é¦ç½®ç¾¤ä½ï¼</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;">ä»·å¼ä¸»å¼ ï¼</span>âä½å¯å ¬åä½åºï¼å ¨é¾å好社åºâã</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;">å°é«å±ï¼</span></span></font><font face="Calibri"><span leaf=""><span textstyle="" style="font-weight: bold;">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="">ï¼é¢ç§¯æ®µ</span></font><font face="Calibri"><span leaf="">90-120</span></font><font face="å®ä½"><span leaf="">ã¡ï¼ä¸æ¿ä¸ºä¸»ï¼ï¼æ§æ»ä»·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;">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="">40%</span></font><font face="å®ä½"><span leaf="">ï¼é¢ç§¯æ®µ</span></font><font face="Calibri"><span leaf="">130-140</span></font><font face="å®ä½"><span leaf="">ã¡ï¼åæ¿ï¼ï¼æå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;">é 建ï¼</span>社åºå »èä¸å¿ï¼</span></font><font face="Calibri"><span leaf="">800</span></font><font face="å®ä½"><span leaf="">ã¡ï¼ãå¿ç«¥æ´»å¨åºãç¯å½¢æ ¢è·éã</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;">设计建议</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¤ç«é¢ï¼</span>ç°ä»£ç®çº¦é£æ ¼ï¼æ´æ¿éç¨éæ¿</span></font><font face="Calibri"><span leaf="">+</span></font><font face="å®ä½"><span leaf="">çç³æ¼ï¼å°é«å±ä»¥æ¶æ为主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;">æ·å亮ç¹ï¼</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="">æ´æ¿</span></font><font face="å®ä½"><span leaf="">âåå¥æ¿</span></font><font face="Calibri"><span leaf="">+</span></font><font face="å®ä½"><span leaf="">åé³å°âï¼ä¸»å§</span></font><font face="Calibri"><span leaf="">270</span></font><font face="å®ä½"><span leaf="">°转è§é£çªï¼</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="">å°é«å±</span></font><font face="å®ä½"><span leaf="">â</span></font><font face="Calibri"><span leaf="">LDK</span></font><font face="å®ä½"><span leaf="">ä¸ä½å</span></font><font face="Calibri"><span leaf="">+</span></font><font face="å®ä½"><span leaf="">å¯å空é´âï¼å¾æ¿çâ¥</span></font><font face="Calibri"><span leaf="">78%</span></font><font face="å®ä½"><span leaf="">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;">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;">çæèµè½ï¼</span>åå¿ç¶æµ·æ¹¾æ¹¿å°å ¬åï¼æé âçªå¤å³å ¬åâåç¹ï¼</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;">æºè½ç¤¾åºï¼</span>å¼å ¥</span></font><font face="Calibri"><span leaf="">AI</span></font><font face="å®ä½"><span leaf="">å®é²ãæ æ¥è§¦å½å®¶ç³»ç»ï¼å¯¹æ ç§æä½å® 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;">ç¶æµ·å°ç¼å®¢ï¼</span></span></font><font face="Calibri"><span leaf=""><span textstyle="" style="font-weight: bold;">60%</span></span></font><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">ï¼ï¼</span>å½ä¼èå·¥ãæå¸ãå»ççï¼è¿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;">åè¥å¤æº¢å®¢ï¼</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>æ¿å¡åºã滨æ¹å¹´è½»ç½é¢ï¼éå¤ä¾èµå°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;">æèµå®¢ï¼</span></span></font><font face="Calibri"><span leaf=""><span textstyle="" style="font-weight: bold;">10%</span></span></font><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">ï¼ï¼</span>çéç¶æµ·æ§æ¹æ½åï¼å好ä¸å°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 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;">é¦ç½®éå¹´ï¼</span></span></font><font face="Calibri"><span leaf="">90-100</span></font><font face="å®ä½"><span leaf="">ã¡ä¸æ¿ï¼é¢ç®</span></font><font face="Calibri"><span leaf="">150-180</span></font><font face="å®ä½"><span leaf="">ä¸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;">äºå©å®¶åºï¼</span></span></font><font face="Calibri"><span leaf="">120-140</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;">å »èéæ±ï¼</span>å好æ´æ¿</span></font><font face="Calibri"><span leaf="">1-2</span></font><font face="å®ä½"><span leaf="">å±ï¼è¦æ±æ éç¢è®¾è®¡ä¸å»çé 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;">ææ¬ä¼åï¼</span>å°é«å±éç¨è£ é å¼å»ºçï¼ç¼©çå·¥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;">å±ç¤ºåºå¨çº¿ï¼</span>ä¼å 建设临æå è·¯æ ·æ¿é´ï¼ç»å湿å°å ¬åè§éå®æ¯ä½éªã</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;">é¦å¼å®ä»·ï¼</span>å°é«å±</span></font><font face="Calibri"><span leaf="">1.75</span></font><font face="å®ä½"><span leaf="">ä¸</span></font><font face="Calibri"><span leaf="">/</span></font><font face="å®ä½"><span leaf="">ã¡ãæ´æ¿</span></font><font face="Calibri"><span leaf="">2.1</span></font><font face="å®ä½"><span leaf="">ä¸</span></font><font face="Calibri"><span leaf="">/</span></font><font face="å®ä½"><span leaf="">ã¡ï¼ä½äºç«å</span></font><font face="Calibri"><span leaf="">5%</span></font><font face="å®ä½"><span leaf="">æå¼å¸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;">æ¸ éèå¨ï¼</span>é对æ¿å¡åºä¼ä¸å¢è´ï¼æ¨åºâå°ééå¤è¡¥è´´â</span></font><font face="Calibri"><span leaf="">1</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 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>è¥åè¥éä»·æ¿çå ç ï¼éæåç³è¯·é¢å®è¯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>ç¶æµ·</span></font><font face="Calibri"><span leaf="">2025</span></font><font face="å®ä½"><span leaf="">å¹´é¢è®¡åºè®©</span></font><font face="Calibri"><span leaf="">4</span></font><font face="å®ä½"><span leaf="">å®å® å°ï¼éå å¿«å¼å·¥é度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><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;">åå²æ交åè</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="Calibri"><span leaf="">2024</span></font><font face="å®ä½"><span leaf="">å¹´ç¶æµ·åç±»å°å</span></font><font face="Calibri"><span leaf="">YH202312</span></font><font face="å®ä½"><span leaf="">å·ï¼å®¹ç§¯ç</span></font><font face="Calibri"><span leaf="">2.0</span></font><font face="å®ä½"><span leaf="">ï¼ï¼æ交价</span></font><font face="Calibri"><span leaf="">4.2</span></font><font face="å®ä½"><span leaf="">亿å ï¼æº¢ä»·ç</span></font><font face="Calibri"><span leaf="">15%</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="Calibri"><span leaf="">2025</span></font><font face="å®ä½"><span leaf="">å¹´ä¸å£åº¦ç¶æµ·å® å°å¹³å溢价ç</span></font><font face="Calibri"><span leaf="">12%</span></font><font face="å®ä½"><span leaf="">ï¼æé«æ¥¼é¢ä»·</span></font><font face="Calibri"><span leaf="">7,200</span></font><font face="å®ä½"><span leaf="">å </span></font><font face="Calibri"><span leaf="">/</span></font><font face="å®ä½"><span leaf="">ã¡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;">建议åºä»·</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»ä»·èå´ï¼</span></span></font><font face="Calibri"><span leaf="">4.3-4.5</span></font><font face="å®ä½"><span leaf="">亿å ï¼æº¢ä»·ç</span></font><font face="Calibri"><span leaf="">18%-20%</span></font><font face="å®ä½"><span leaf="">ï¼ï¼å¯¹åºæ¥¼é¢ä»·</span></font><font face="Calibri"><span leaf="">7,130-7,460</span></font><font face="å®ä½"><span leaf="">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;">çç¥ï¼</span>é¦è½®æ¥ä»·</span></font><font face="Calibri"><span leaf="">3.8</span></font><font face="å®ä½"><span leaf="">亿å è¯æ°´ï¼æç»æ§å¶å¨</span></font><font face="Calibri"><span leaf="">4.4</span></font><font face="å®ä½"><span leaf="">亿å 以å ç¡®ä¿çå©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"><span leaf=""><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;">åºä½ï¼</span>å°é</span></font><font face="Calibri"><span leaf="">+</span></font><font face="å®ä½"><span leaf="">湿å°å ¬å</span></font><font face="Calibri"><span leaf="">+</span></font><font face="å®ä½"><span leaf="">æçé å¥ï¼å±ç¶æµ·ç¨ç¼ºä¼è´¨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;">å¸åºï¼</span>æ¹åéæ±ä¸»å¯¼ï¼æ¿ç宽æ¾æ¯æå»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åï¼</span>âä½å¯æ´æ¿</span></font><font face="Calibri"><span leaf="">+</span></font><font face="å®ä½"><span leaf="">æºè½ç¤¾åºâå¡«è¡¥å¸åºç©ºç½ï¼</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;">å¼åï¼</span>å¿«å¨è½¬</span></font><font face="Calibri"><span leaf="">+</span></font><font face="å®ä½"><span leaf="">ç²¾åè¥éï¼ä¸¥æ§æº¢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;">åºä»·ï¼</span></span></font><font face="Calibri"><span leaf="">4.4</span></font><font face="å®ä½"><span leaf="">亿å 为å®å ¨çº¿ï¼æº¢ä»·ç</span></font><font face="Calibri"><span leaf="">18%</span></font><font face="å®ä½"><span leaf="">å¯å¹³è¡¡ææ¬ä¸å©æ¶¦ã</span></font></span></p></li></ul><p style="margin-top: 16px;"><span style="font-family: å®ä½;font-size: 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深度èåå°äº§å®æ课</span></span></section><section style="text-align: center;margin-bottom: 0px;margin-top: 16px;"><span style="font-size: var(--articleFontsize);letter-spacing: 0.034em;"><span leaf=""> </span></span><span leaf=""> <img class="rich_pages wxw-img" data-imgfileid="100036054" data-ratio="0.9777777777777777" data-s="300,640" data-src="https://mmbiz.qpic.cn/sz_mmbiz_png/VXjHib6YROwlXfAQF3A26suo6p9w00eMZA6slk3reAoDIyH2bXdmuAQicGJGalicdZIUSDHib8E95LVrZXCic3z5DZA/640?wx_fmt=png&from=appmsg" data-type="png" data-w="135" style="text-align: center;font-size: var(--articleFontsize);letter-spacing: 0.034em;"> </span></section><section style="text-align: center;margin-bottom: 0px;margin-top: 16px;"><span style="letter-spacing: 0.578px;font-size: 12px;"><span leaf="">DeepSeek 深度èåå ¬å¡åå®æ课</span></span></section><section style="text-align: center;margin-bottom: 0px;margin-top: 16px;" nodeleaf=""><img class="rich_pages wxw-img" data-imgfileid="100036055" data-ratio="0.9849624060150376" 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