<p><span style="font-size: 24px;text-decoration: underline;"><strong style="font-size: var(--articleFontsize);letter-spacing: 0.034em;"><span style="text-decoration: underline;font-size: 24px;font-family: é»ä½;"></span></strong></span></p><p><strong><span style="font-family: å®ä½;font-size: 24px;text-decoration: underline;">ä¸ãå¸åºæ¦åµ</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></p><p><strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><span style="font-family:Calibri;">1. </span><span style="font-family:å®ä½;">æ´ä½å¸åºè¡¨ç°</span></span></strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></p><p><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;">2025</span><span style="font-family:å®ä½;">å¹´åæ¦æ±æ¥¼å¸åç°âéä»·ååãåºåå·çä¸åâç¹å¾ã</span></span><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></p><ul class="list-paddingleft-1" style="list-style-type: disc;"><li><section style="margin-bottom: 24px;"><strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><span style="font-family:å®ä½;">æ°æ¿å¸åºï¼</span></span></strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><span style="font-family:å®ä½;"></span><span style="font-family:Calibri;">1-2</span><span style="font-family:å®ä½;">ææ°å»ºååä½å® æ交</span><span style="font-family:Calibri;">10,220</span><span style="font-family:å®ä½;">å¥ï¼</span><span style="font-family:Calibri;">1</span><span style="font-family:å®ä½;">æ</span><span style="font-family:Calibri;">5,136</span><span style="font-family:å®ä½;">å¥ã</span><span style="font-family:Calibri;">2</span><span style="font-family:å®ä½;">æ</span><span style="font-family:Calibri;">5,084</span><span style="font-family:å®ä½;">å¥ï¼ï¼åæ¯</span><span style="font-family:Calibri;">2024</span><span style="font-family:å®ä½;">å¹´å¢é¿</span><span style="font-family:Calibri;">82%</span><span style="font-family:å®ä½;">ï¼ä½ç¯æ¯å°å¹ ä¸é</span><span style="font-family:Calibri;">1%</span><span style="font-family:å®ä½;">ãä»·æ ¼æ¹é¢ï¼åä¼è´¨æ¹å项ç®å ¥å¸å¸¦å¨ï¼</span><span style="font-family:Calibri;">2</span><span style="font-family:å®ä½;">æç¾åæ°å»ºä½å® åä»·ç¯æ¯ä¸æ¶¨</span><span style="font-family:Calibri;">0.11%</span><span style="font-family:å®ä½;">è³</span><span style="font-family:Calibri;">16,711</span><span style="font-family:å®ä½;">å </span><span style="font-family:Calibri;">/</span><span style="font-family:å®ä½;">ã¡ï¼å ¶ä¸æ¦æ±æ°æ¿æ ·æ¬åä»·</span><span style="font-family:Calibri;">13,284</span><span style="font-family:å®ä½;">å </span><span style="font-family:Calibri;">/</span><span style="font-family:å®ä½;">ã¡ï¼ç¯æ¯å¾®æ¶¨</span><span style="font-family:Calibri;">0.03%</span><span style="font-family:å®ä½;">ã</span></span><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></section></li><li><section style="margin-bottom: 24px;"><strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><span style="font-family:å®ä½;">äºææ¿å¸åºï¼</span></span></strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><span style="font-family:å®ä½;">以价æ¢éæå¿å»¶ç»ï¼</span><span style="font-family:Calibri;">2</span><span style="font-family:å®ä½;">æäºææ¿æ交</span><span style="font-family:Calibri;">4,072</span><span style="font-family:å®ä½;">å¥ï¼ç¯æ¯å¢é¿</span><span style="font-family:Calibri;">52.6%</span><span style="font-family:å®ä½;">ï¼ä½åä»·ç¯æ¯ä¸é</span><span style="font-family:Calibri;">7.9%</span><span style="font-family:å®ä½;">è³</span><span style="font-family:Calibri;">1.13</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¿åºåå¦æ´ªå±±ãæ¦ææ交å æ¯è¶ </span><span style="font-family:Calibri;">57%</span><span style="font-family:å®ä½;">ã</span></span><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></section></li></ul><section style="margin-bottom: 24px;"><strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><span style="font-family:Calibri;">2. </span><span style="font-family:å®ä½;">æ¿çä¸çç¹äºä»¶</span></span></strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></section><ul class="list-paddingleft-1" style="list-style-type: disc;"><li><section style="margin-bottom: 24px;"><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¿çä¼åï¼</span></span></strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><span style="font-family:å®ä½;">延é¿å ¬ç§¯é贷款é¢åº¦ä¸æµ®</span><span style="font-family:Calibri;">20%</span><span style="font-family:å®ä½;">ãåæ§ä¹°æ°å¢å¼ç¨è¡¥è´´çæ¿çè³</span><span style="font-family:Calibri;">2025</span><span style="font-family:å®ä½;">å¹´</span><span style="font-family:Calibri;">6</span><span style="font-family:å®ä½;">æï¼ä¸æ¹é«æ°åºæ¨åºå¤§å¦çãå¤å女家åºå®å± å æ¢å¸ï¼ç´æ¥æµæ£é¦ä»ã</span></span><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></section></li><li><section style="margin-bottom: 24px;"><strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><span style="font-family:å®ä½;">çç¹äºä»¶ï¼</span></span></strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><span style="font-family:å®ä½;">æ¥å£è¿ä¹¡ç½®ä¸æ´»å¨æå¨éæ±ï¼çº¿ä¸æ¿äº¤ä¼ç´¯è®¡æäº¤è¶ </span><span style="font-family:Calibri;">2,000</span><span style="font-family:å®ä½;">å¥ï¼å è°·ä¸å¤®å ¬åãåæéæ²æ¨¾çæ¹å项ç®å¼çå®ç½ï¼å¸¦å¨æ ¸å¿åºç度ã</span></span><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></section></li></ul><p><strong><span style="font-family: å®ä½;font-size: 24px;text-decoration: underline;">äºã客æ·ç»ååæ</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></p><p><strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><span style="font-family:Calibri;">1. </span><span style="font-family:å®ä½;">客æ·åºç¡ç¹å¾</span></span></strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></p><ul class="list-paddingleft-1" style="list-style-type: disc;"><li><section style="margin-bottom: 24px;"><strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><span style="font-family:å®ä½;">æ°æ¦æ±äººä¸ºä¸»åï¼</span></span></strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><span style="font-family:å®ä½;"></span><span style="font-family:Calibri;">62%</span><span style="font-family:å®ä½;">è´æ¿è 为çå é»åãåæçå°è¿å ¥äººå£ï¼å好</span><span style="font-family:Calibri;">70-90</span><span style="font-family:å®ä½;">ã¡å°æ·åï¼æ»ä»·éä¸å¨</span><span style="font-family:Calibri;">100-150</span><span style="font-family:å®ä½;">ä¸å åºé´ã</span></span><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></section></li><li><section style="margin-bottom: 24px;"><strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><span style="font-family:å®ä½;">æ¹åéæ±å´èµ·ï¼</span></span></strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><span style="font-family:å®ä½;">ä¸æ¿ä»¥ä¸æ·åæ交å æ¯</span><span style="font-family:Calibri;">54%</span><span style="font-family:å®ä½;">ï¼</span><span style="font-family:Calibri;">35-45</span><span style="font-family:å®ä½;">å²å®¶åºä¸ºä¸»ï¼å¤å女家åºå æ¯æåï¼å¯¹æè²èµæºã社åºåè´¨ææã</span></span><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></section></li><li><section style="margin-bottom: 24px;"><strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><span style="font-family:å®ä½;">é年人ææ¶å ¥ï¼</span></span></strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><span style="font-family:å®ä½;">çæ±å¤§å¦çè´æ¿è¡¥è´´æ¿çå¸å¼</span><span style="font-family:Calibri;">12.3</span><span style="font-family:å®ä½;">ä¸æ°å°±ä¸ç¾¤ä½ï¼å è°·ã洪山æé¦éåºåã</span></span><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></section></li></ul><section style="margin-bottom: 24px;"><strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><span style="font-family:Calibri;">2. </span><span style="font-family:å®ä½;">è¡ä¸ºå好</span></span></strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></section><ul class="list-paddingleft-1" style="list-style-type: disc;"><li><section style="margin-bottom: 24px;"><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;">åé客æ·ï¼</span></span></strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><span style="font-family:å®ä½;">å ³æ³¨æ§ä»·æ¯ï¼å¾åè¿ååºä½ä»·çï¼å¦è¡ç¸</span><span style="font-family:Calibri;">8,000</span><span style="font-family:å®ä½;">å </span><span style="font-family:Calibri;">/</span><span style="font-family:å®ä½;">ã¡é¡¹ç®ï¼æ主ååºå°æ·åï¼æ´ªå±±å¥å</span><span style="font-family:Calibri;">74</span><span style="font-family:å®ä½;">ã¡ï¼ã</span></span><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></section></li><li><section style="margin-bottom: 24px;"><strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><span style="font-family:å®ä½;">æ¹å客æ·ï¼</span></span></strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><span style="font-family:å®ä½;">åå¥½æ ¸å¿åºå¤§å¹³å±ï¼æ¦æå¥å</span><span style="font-family:Calibri;">144</span><span style="font-family:å®ä½;">ã¡ï¼ååå代ä½å® ï¼å¾æ¿çè¶ </span><span style="font-family:Calibri;">90%</span><span style="font-family:å®ä½;">ï¼ï¼å¯¹å½å¤®ä¼åç信任度é«ã</span></span><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></section></li><li><section style="margin-bottom: 24px;"><strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><span style="font-family:å®ä½;">æèµéæ±ï¼</span></span></strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><span style="font-family:å®ä½;">è°¨æ è§æï¼ä» æ ¸å¿åºç¨ç¼ºèµäº§ï¼å¦æ±æ¯è±ªå® ï¼å¸å¼é«åå¼äººç¾¤ï¼å æ¯ä¸è¶³</span><span style="font-family:Calibri;">10%</span><span style="font-family:å®ä½;">ã</span></span><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></section></li></ul><p><strong><span style="font-family: å®ä½;font-size: 24px;text-decoration: underline;">ä¸ãåºåå¸åºå¯¹æ¯</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></p><p><strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><span style="font-family:Calibri;">1. </span><span style="font-family:å®ä½;">ååºå表ç°</span></span></strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></p><ul class="list-paddingleft-1" style="list-style-type: disc;"><li><section style="margin-bottom: 24px;"><strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><span style="font-family:å®ä½;">主ååºï¼</span></span></strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><span style="font-family:å®ä½;">洪山ï¼</span><span style="font-family:Calibri;">982</span><span style="font-family:å®ä½;">å¥ï¼ãæ¦æï¼</span><span style="font-family:Calibri;">325</span><span style="font-family:å®ä½;">å¥ï¼é¢è·ï¼ç»å¼åºï¼</span><span style="font-family:Calibri;">594</span><span style="font-family:å®ä½;">å¥ï¼å 产ä¸äººå£æ¯æ表ç°äº®ç¼ï¼åä»·ååææ¾ï¼æ¦æ</span><span style="font-family:Calibri;">3.08</span><span style="font-family:å®ä½;">ä¸å </span><span style="font-family:Calibri;">/</span><span style="font-family:å®ä½;">ã¡ </span><span style="font-family:Calibri;">vs </span><span style="font-family:å®ä½;">éå±±</span><span style="font-family:Calibri;">1.99</span><span style="font-family:å®ä½;">ä¸å </span><span style="font-family:Calibri;">/</span><span style="font-family:å®ä½;">ã¡ã</span></span><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></section></li><li><section style="margin-bottom: 24px;"><strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><span style="font-family:å®ä½;">è¿ååºï¼</span></span></strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><span style="font-family:å®ä½;">è¡ç¸ï¼</span><span style="font-family:Calibri;">885</span><span style="font-family:å®ä½;">å¥ï¼ãä¸è¥¿æ¹ï¼</span><span style="font-family:Calibri;">410</span><span style="font-family:å®ä½;">å¥ï¼ä»¥ä»·æ¢éï¼åä»·ä½è³</span><span style="font-family:Calibri;">7,375-10,346</span><span style="font-family:å®ä½;">å </span><span style="font-family:Calibri;">/</span><span style="font-family:å®ä½;">ã¡ï¼ä½åºåå»åå¨æè¶ </span><span style="font-family:Calibri;">18</span><span style="font-family:å®ä½;">个æã</span></span><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></section></li></ul><section style="margin-bottom: 24px;"><strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><span style="font-family:Calibri;">2. </span><span style="font-family:å®ä½;">æ¿åä»·å¼åæ</span></span></strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></section><ul class="list-paddingleft-1" style="list-style-type: disc;"><li><section style="margin-bottom: 24px;"><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¿ä»·å¼æ¿åï¼</span></span></strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><span style="font-family:å®ä½;">æ¦æ滨æ±ï¼é¾æ¹æ¸ è½å¤©å¥ï¼ãäºä¸æ»¨æ±ï¼å润çåºï¼åä»·è¶ </span><span style="font-family:Calibri;">4</span><span style="font-family:å®ä½;">ä¸å </span><span style="font-family:Calibri;">/</span><span style="font-family:å®ä½;">ã¡ï¼ç¨ç¼ºæ±æ¯èµæºæ¯æ溢价ã</span></span><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></section></li><li><section style="margin-bottom: 24px;"><strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><span style="font-family:å®ä½;">æ½åæé¿æ¿åï¼</span></span></strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><span style="font-family:å®ä½;">å è°·ä¸å¿åï¼é¦æ¸¯ç½®å°Â·å åºï¼ãåæ°æ¹å²ï¼åæèåå½ååï¼åç产ä¸å¯¼å ¥ï¼å»åå¨æ缩çè³</span><span style="font-family:Calibri;">6</span><span style="font-family:å®ä½;">个æã</span></span><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></section></li><li><section style="margin-bottom: 24px;"><strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;">é£é©è¦ç¤ºæ¿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;">æ±åãæ°æ´²é å¥èå¼±ï¼é¨å项ç®ä»·æ ¼è·ç ´å¼çä»·ï¼æµå¨æ§é£é©é«ã</span><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></section></li></ul><p><strong><span style="font-family: å®ä½;font-size: 24px;text-decoration: underline;">åãç«äºæ ¼å±</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></p><p><strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;">1.æ¿ä¼æ¢¯éååï¼</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;">å½å¤®ä¼ä¸»å¯¼å¸åºï¼åæéæ²æ¨¾ï¼æ´ªå±±ï¼ã建åææ¹ï¼æ¦æï¼åçééç ´ç¾å¥ï¼æ¬åæ¿ä¼å¦æ¦æ±å建ãèæå éåéå»åã</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></p><p><strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><span style="font-family:å®ä½;">2.产ååç«äºï¼</span></span></strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><span style="font-family:å®ä½;">å代ä½å® ï¼åç´ç»¿åãæºæ §ç¤¾åºï¼æå·®å¼åæ ¸å¿ï¼å¦å 谷润åºæº¢ä»·</span><span style="font-family:Calibri;">20%-30%</span><span style="font-family:å®ä½;">ï¼èæ§é¡¹ç®éä»·</span><span style="font-family:Calibri;">10%-15%</span><span style="font-family:å®ä½;">ä»é¾å»åã</span></span><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></p><p><strong><span style="font-family: å®ä½;font-size: 24px;text-decoration: underline;">äºã客æ·éæ±ä¸çç¹</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></p><p><strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><span style="font-family:Calibri;">1. </span><span style="font-family:å®ä½;">éæ±ç¹å¾</span></span></strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></p><ul class="list-paddingleft-1" style="list-style-type: disc;"><li><section style="margin-bottom: 24px;"><strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><span style="font-family:å®ä½;">åé客æ·ï¼</span></span></strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><span style="font-family:å®ä½;">æ»ä»·ææï¼è¦æ±å°é</span><span style="font-family:Calibri;">/</span><span style="font-family:å®ä½;">å¦æ ¡é å¥ï¼ä½å¯¹äº¤ä»é£é©æ 忧强çï¼</span><span style="font-family:Calibri;">30%</span><span style="font-family:å®ä½;">客æ·å¾åç°æ¿ï¼ã</span></span><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></section></li><li><section style="margin-bottom: 24px;"><strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><span style="font-family:å®ä½;">æ¹å客æ·ï¼</span></span></strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><span style="font-family:å®ä½;">注é产ååæ°ï¼å¦ç©ºä¸åºé¢ï¼ãåå±çº¯ç²¹æ§ï¼æ¿ä¸ºåç溢价æ¯ä»</span><span style="font-family:Calibri;">10%-15%</span><span style="font-family:å®ä½;">ã</span></span><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></section></li></ul><section style="margin-bottom: 24px;"><strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><span style="font-family:Calibri;">2. </span><span style="font-family:å®ä½;">æ ¸å¿çç¹</span></span></strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></section><ul class="list-paddingleft-1" style="list-style-type: disc;"><li><section style="margin-bottom: 24px;"><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»·æ ¼ä¸åè´¨çç¾ï¼</span></span></strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><span style="font-family:å®ä½;">è¿ååºä½ä»·çé å¥ç¼ºå¤±ï¼æ ¸å¿åºä¼è´¨èµäº§é¨æ§é«ï¼é¦ä»</span><span style="font-family:Calibri;">150</span><span style="font-family:å®ä½;">ä¸</span><span style="font-family:Calibri;">+</span><span style="font-family:å®ä½;">ï¼ã</span></span><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></section></li><li><section style="margin-bottom: 24px;"><strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;">交ä»ä¿¡ä»»å±æºï¼</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¨åæ°è¥æ¿ä¼é¡¹ç®å»¶æ交ä»ï¼å¯¼è´å®¢æ·è½¬åå½å¤®ä¼æåç°æ¿ã</span><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></section></li></ul><p><strong><span style="font-family: å®ä½;font-size: 24px;text-decoration: underline;">å ãé£é©ä¸å»ºè®®</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></p><p><strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><span style="font-family:Calibri;">1. </span><span style="font-family:å®ä½;">é£é©æ示</span></span><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></strong></p><ul class="list-paddingleft-1" style="list-style-type: disc;"><li><section style="margin-bottom: 24px;"><strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><span style="font-family:å®ä½;">åºååºåå</span></span><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"></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;"><span style="font-family:å®ä½;">åï¼</span></span></strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><span style="font-family:å®ä½;">è¿ååºå»åå¨æè¶ </span><span style="font-family:Calibri;">24</span><span style="font-family:å®ä½;">个æï¼ä»·æ ¼ææå¼åæ¶æ§ç«äºã</span></span><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></section></li><li><section style="margin-bottom: 24px;"><strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;">æ¿çä¾èµæ§å¼º</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;">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;">å½ååæä¾èµè¡¥è´´æ¿çï¼è¥å¹´ä¸éåºæ导è´éæ±æå´ã</span><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></section></li></ul><section style="margin-bottom: 24px;"><strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;">2. çç¥å»ºè®®</span></strong><o:p></o:p></section><ul class="list-paddingleft-1" style="list-style-type: disc;"><li><section style="margin-bottom: 24px;"><strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;">产åä¼åï¼</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;">åéç强åå°æ·å</span><span style="font-family:Calibri;">+</span><span style="font-family:å®ä½;">ä½æ»ä»·ç»åï¼æ¹åçå¢å ç§æä½å® ï¼å¦æ温系ç»ï¼é ç½®ã</span></span><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></section></li><li><section style="margin-bottom: 24px;"><strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;">åºåèç¦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;">ä¼å å¸å±å è°·ãæ¦æ滨æ±ç产åèååºï¼è§é¿è¿éè¶ çº§å¤§çã</span><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></section></li><li><section style="margin-bottom: 24px;"><strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;">æ¿çååï¼</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¨å ¬ç§¯éä¸æµ®ãå¥ç¨è¡¥è´´çªå£æå éå»åï¼å ³æ³¨ä¿éæ¿æ¶å¨æ¿çè½å°ã</span><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></section></li></ul><p><strong><span style="font-family: å®ä½;font-size: 24px;text-decoration: underline;">ä¸ãæªæ¥å±æ</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></p><section style="margin-top: 24px;"><strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><span style="font-family:Calibri;">1. </span><span style="font-family:å®ä½;">çæï¼</span><span style="font-family:Calibri;">2025</span><span style="font-family:å®ä½;">å¹´</span><span style="font-family:Calibri;">Q2-Q4</span><span style="font-family:å®ä½;">ï¼</span></span></strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></section><ul class="list-paddingleft-1" style="list-style-type: disc;"><li><section style="margin-bottom: 24px;"><strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><span style="font-family:å®ä½;">éä»·èµ°å¿ï¼</span></span></strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><span style="font-family:å®ä½;">æ¿çåºæ¿ä¸æ交éææåå</span><span style="font-family:Calibri;">5%-10%</span><span style="font-family:å®ä½;">ï¼ä½ä»·æ ¼ä»¥ç¨³ä¸ºä¸»ï¼æ ¸å¿åºé«ç«¯é¡¹ç®æ微涨</span><span style="font-family:Calibri;">3%-5%</span><span style="font-family:å®ä½;">ã</span></span><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></section></li><li><section style="margin-bottom: 24px;"><strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;">çç¹é¢æµï¼</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 è°·ä¸å¿åãåæ°æ¹å²çæ¿åå 产ä¸å¯¼å ¥å éï¼æææ°å¢é¿æã</span><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></section></li></ul><section style="margin-bottom: 24px;"><strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><span style="font-family:Calibri;">2. </span><span style="font-family:å®ä½;">ä¸é¿æï¼</span><span style="font-family:Calibri;">2025-2026</span><span style="font-family:å®ä½;">å¹´ï¼</span></span></strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></section><ul class="list-paddingleft-1" style="list-style-type: disc;"><li><section style="margin-bottom: 24px;"><strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><span style="font-family:å®ä½;">å¸åºååæ·±åï¼</span></span></strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><span style="font-family:å®ä½;">æ ¸å¿åºèµäº§æè·æ§å¼ºï¼è¿éæç»æ¿åï¼äºææ¿å æ¯ææåè³</span><span style="font-family:Calibri;">40%</span><span style="font-family:å®ä½;">ã</span></span><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></section></li><li><section style="margin-bottom: 24px;"><strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><span style="font-family:å®ä½;">æ°æ¨¡å¼æ建ï¼</span></span></strong><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><span style="font-family:å®ä½;">ä¿éæ¿ä¸ååæ¿å轨å¶å®åï¼ç§èµä½æ¿ï¼å¦é年社åºï¼å æ¯å¢è³</span><span style="font-family:Calibri;">15%</span><span style="font-family:å®ä½;">ã</span></span><span style="mso-spacerun:'yes';font-family:Calibri;mso-fareast-font-family:å®ä½;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></section></li></ul><p style="margin-top: 24px;line-height: 1.6em;margin-bottom: 24px;"><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><span style="font-family:å®ä½;"></span></span></p><p><span style="font-family: å®ä½;font-size: 10.5pt;letter-spacing: 0.034em;">注ï¼</span><span style="font-family: å®ä½;font-size: 10.5pt;letter-spacing: 0.034em;">æ¬æ¥åæ°æ®åæ¥èªå ¬å¼ç»è®¡åè¡ä¸è°ç ï¼åæç»è®ºä» ä¾åèã</span><br /></p><h2 style="margin-left: 0pt;text-indent: 0pt;padding: 0pt;vertical-align: baseline;background: rgb(255, 255, 255);"><span style="font-family: å®ä½;letter-spacing: 0pt;font-size: 12pt;background: rgb(255, 255, 255);"><span style="font-family:å®ä½;"></span></span><span style="font-family: å®ä½;letter-spacing: 0pt;font-size: 12pt;background: rgb(255, 255, 255);"><o:p></o:p></span></h2><p style="display: none;"><mp-style-type data-value="3"></mp-style-type></p>