<section style="margin-top: 16px;"><span style=""><span style="font-family:å®ä½;"></span></span></section><section style="margin-top: 16px;"><span style=""><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: å®ä½;font-size: 14px;letter-spacing: 0.476px;"></span></section><p data-pm-slice="0 0 []"><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><font face="Calibri"><span leaf=""><span textstyle="" style="font-size: 50px;color: rgb(124, 139, 9);font-weight: bold;text-decoration: underline;">01</span><span textstyle="" style="font-size: 24px;font-weight: bold;">å¸åºæ¦åµ</span></span></font></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 data-pm-slice="0 0 []"><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><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´ä½å¸åºè¡¨ç°</span></span></font></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><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><font face="Calibri"><span leaf="">2025</span></font><font face="å®ä½"><span leaf="">å¹´ä¸å£åº¦å¤§è¿æ¿å°äº§å¸åºåç°âéä»·ä¼ç¨³ãæ¹å主导âçç¹å¾ã</span></font><font face="Calibri"><span leaf="">1-3</span></font><font face="å®ä½"><span leaf="">æååæ¿æ交é¢ç§¯åæ¯å¢é¿</span></font><font face="Calibri"><span leaf="">38%</span></font><font face="å®ä½"><span leaf="">ï¼å ¶ä¸ååä½å® 累计æ交</span></font><font face="Calibri"><span leaf="">15.72</span></font><font face="å®ä½"><span leaf="">ä¸ã¡ï¼</span></font><font face="Calibri"><span leaf="">3</span></font><font face="å®ä½"><span leaf="">æåææ交</span></font><font face="Calibri"><span leaf="">6.90</span></font><font face="å®ä½"><span leaf="">ä¸ã¡ï¼ç¯æ¯æ¶¨å¹ æ¾èãä»·æ ¼æ¹é¢ï¼æ°å»ºä½å® å价为</span></font><font face="Calibri"><span leaf="">13624</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¡ï¼ç¯æ¯ä¸æ¶¨</span></font><font face="Calibri"><span leaf="">0.3%</span></font><font face="å®ä½"><span leaf="">ï¼æ ¸å¿åºåå¦ä¸å±±åºä¸æ¸¯æ¿ååä»·çªç ´</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¡ãåå°å¸åºåæ¥åæï¼</span></font><font face="Calibri"><span leaf="">3</span></font><font face="å®ä½"><span leaf="">æä¾åº</span></font><font face="Calibri"><span leaf="">6</span></font><font face="å®ä½"><span leaf="">å®å® å°ï¼</span></font><font face="Calibri"><span leaf="">17.35</span></font><font face="å®ä½"><span leaf="">ä¸ã¡ï¼ï¼æ交</span></font><font face="Calibri"><span leaf="">2</span></font><font face="å®ä½"><span leaf="">å®å® å°ï¼å¹³å楼é¢ä»·</span></font><font face="Calibri"><span leaf="">8707</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¡ï¼ç»¿åä¸å½èåä½ç«å¾çäºååºå°åå¼åå ³æ³¨ã</span></font></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><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><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;">æ¿çä¸çç¹äºä»¶</span></span></font></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><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><font face="å®ä½"><span leaf="">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;"><font face="å®ä½"><span leaf="" data-pm-slice="1 1 ["para",{"tagName":"p","attributes":{"class":"MsoNormal"},"namespaceURI":"http://www.w3.org/1999/xhtml"},"node",{"tagName":"span","attributes":{"style":"mso-spacerun:'yes'; font-family:å®ä½; mso-ascii-font-family:Calibri; mso-hansi-font-family:Calibri; mso-bidi-font-family:'Times New Roman'; font-size:10.5000pt; mso-font-kerning:1.0000pt;"},"namespaceURI":"http://www.w3.org/1999/xhtml"},"node",{"tagName":"font","attributes":{"face":"å®ä½"},"namespaceURI":"http://www.w3.org/1999/xhtml"}]">æ¿çå©å¥½ãå¥ç¨åå </span></font></span></font><font face="Calibri"><span leaf="">4.17</span></font><font face="å®ä½"><span leaf="">亿å ï¼å¹³ååæ·åå </span></font><font face="Calibri"><span leaf="">1.5</span></font><font face="å®ä½"><span leaf="">ä¸å ï¼å ¬ç§¯éæ¿çä¼åï¼é¦å¥åäºå¥æ¿é¦ä»æ¯ä¾ç»ä¸éè³</span></font><font face="Calibri"><span leaf="">20%</span></font><font face="å®ä½"><span leaf="">ï¼å¤å女家åºåç¡å£«æé«è´·æ¬¾é¢åº¦æå</span></font><font face="Calibri"><span leaf="">40</span></font><font face="å®ä½"><span leaf="">ä¸å ï¼æ¥å£æ¿äº¤ä¼æé´å å å¸ãåºä¸¤çº§è¡¥è´´ï¼æé«è¡¥è´´è¾¾æ交价ç</span></font><font face="Calibri"><span leaf="">1%+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="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-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;"><font face="å®ä½"><span leaf="">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;"><font face="å®ä½"><span leaf="" data-pm-slice="1 1 ["para",{"tagName":"p","attributes":{"class":"MsoNormal"},"namespaceURI":"http://www.w3.org/1999/xhtml"},"node",{"tagName":"span","attributes":{"style":"mso-spacerun:'yes'; font-family:å®ä½; mso-ascii-font-family:Calibri; mso-hansi-font-family:Calibri; mso-bidi-font-family:'Times New Roman'; font-size:10.5000pt; mso-font-kerning:1.0000pt;"},"namespaceURI":"http://www.w3.org/1999/xhtml"},"node",{"tagName":"font","attributes":{"face":"å®ä½"},"namespaceURI":"http://www.w3.org/1999/xhtml"}]">çç¹äºä»¶ã</span></font></span></font><font face="Calibri"><span leaf="">3</span></font><font face="å®ä½"><span leaf="">ææ¿äº¤ä¼æé´æåæ交</span></font><font face="Calibri"><span leaf="">895</span></font><font face="å®ä½"><span leaf="">å¥ã</span></font><font face="Calibri"><span leaf="">9.95</span></font><font face="å®ä½"><span leaf="">ä¸ã¡ï¼çº¿ä¸åè§äººæ°</span></font><font face="Calibri"><span leaf="">12.7</span></font><font face="å®ä½"><span leaf="">ä¸äººæ¬¡ï¼æ¿çåºæ¿ä¸æ¹åéæ±éæ¾æ¾èã</span></font></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;"><font face="å®ä½"><span leaf=""><span textstyle="" style="font-size: 50px;color: rgb(124, 139, 9);font-weight: bold;text-decoration: underline;">02</span><span textstyle="" style="font-size: 24px;color: rgb(0, 0, 0);font-weight: bold;">客æ·ç»ååæ</span></span></font></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 data-pm-slice="0 0 []"><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><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;">åºç¡ç¹å¾</span></span></font></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><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><font face="å®ä½"><span leaf="">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;"><font face="å®ä½"><span leaf="" data-pm-slice="1 1 ["para",{"tagName":"p","attributes":{"class":"MsoNormal"},"namespaceURI":"http://www.w3.org/1999/xhtml"},"node",{"tagName":"span","attributes":{"style":"mso-spacerun:'yes'; font-family:å®ä½; mso-ascii-font-family:Calibri; mso-hansi-font-family:Calibri; mso-bidi-font-family:'Times New Roman'; font-size:10.5000pt; mso-font-kerning:1.0000pt;"},"namespaceURI":"http://www.w3.org/1999/xhtml"},"node",{"tagName":"font","attributes":{"face":"å®ä½"},"namespaceURI":"http://www.w3.org/1999/xhtml"}]">å¹´é¾ä¸æ¶å ¥ãè´æ¿ä¸»å为</span></font></span></font><font face="Calibri"><span leaf="">30-40</span></font><font face="å®ä½"><span leaf="">å²æ¹åå人群ï¼å æ¯</span></font><font face="Calibri"><span leaf="">35%</span></font><font face="å®ä½"><span leaf="">ï¼ï¼</span></font><font face="Calibri"><span leaf="">60%</span></font><font face="å®ä½"><span leaf="">客æ·å¯æ¿åæ»ä»·</span></font><font face="Calibri"><span leaf="">50</span></font><font face="å®ä½"><span leaf="">ä¸ä»¥ä¸æ¿æºï¼æ ¸å¿åºé«ç«¯å®¢ç¾¤ï¼æ»ä»·</span></font><font face="Calibri"><span leaf="">500</span></font><font face="å®ä½"><span leaf="">ä¸</span></font><font face="Calibri"><span leaf="">+</span></font><font face="å®ä½"><span leaf="">ï¼å æ¯</span></font><font face="Calibri"><span leaf="">12%</span></font><font face="å®ä½"><span leaf="">ã</span></font></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><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><font face="å®ä½"><span leaf="">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;"><font face="å®ä½"><span leaf="" data-pm-slice="1 1 ["para",{"tagName":"p","attributes":{"class":"MsoNormal"},"namespaceURI":"http://www.w3.org/1999/xhtml"},"node",{"tagName":"span","attributes":{"style":"mso-spacerun:'yes'; font-family:å®ä½; mso-ascii-font-family:Calibri; mso-hansi-font-family:Calibri; mso-bidi-font-family:'Times New Roman'; font-size:10.5000pt; mso-font-kerning:1.0000pt;"},"namespaceURI":"http://www.w3.org/1999/xhtml"},"node",{"tagName":"font","attributes":{"face":"å®ä½"},"namespaceURI":"http://www.w3.org/1999/xhtml"}]">èä¸ä¸å¦åãæ¬å°ä¼ä¸ä¸»ãå¤ä¼é«ç®¡åææ¯äººæ为主ï¼ç¡å£«å以ä¸å¦åå æ¯</span></font></span></font><font face="Calibri"><span leaf="">18%</span></font><font face="å®ä½"><span leaf="">ï¼å人æè´æ¿å¸æ¿çåºæ¿ï¼ã</span></font></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><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><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¡ä¸ºå好</span></span></font></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><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><font face="å®ä½"><span leaf="">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;"><font face="å®ä½"><span leaf="" data-pm-slice="1 1 ["para",{"tagName":"p","attributes":{"class":"MsoNormal"},"namespaceURI":"http://www.w3.org/1999/xhtml"},"node",{"tagName":"span","attributes":{"style":"mso-spacerun:'yes'; font-family:å®ä½; mso-ascii-font-family:Calibri; mso-hansi-font-family:Calibri; mso-bidi-font-family:'Times New Roman'; font-size:10.5000pt; mso-font-kerning:1.0000pt;"},"namespaceURI":"http://www.w3.org/1999/xhtml"},"node",{"tagName":"font","attributes":{"face":"å®ä½"},"namespaceURI":"http://www.w3.org/1999/xhtml"}]">åºåéæ©ã</span></font></span></font><font face="Calibri"><span leaf="">83%</span></font><font face="å®ä½"><span leaf="">客æ·å¾åå¸å ååºï¼æ²æ²³å£ãçäºå为主ï¼ï¼éå·ãæ 顺çè¿éå ä»·æ ¼ä¼å¿å¸å¼å¹´è½»åéã</span></font></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><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><font face="å®ä½"><span leaf="">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;"><font face="å®ä½"><span leaf="" data-pm-slice="1 1 ["para",{"tagName":"p","attributes":{"class":"MsoNormal"},"namespaceURI":"http://www.w3.org/1999/xhtml"},"node",{"tagName":"span","attributes":{"style":"mso-spacerun:'yes'; font-family:å®ä½; mso-ascii-font-family:Calibri; mso-hansi-font-family:Calibri; mso-bidi-font-family:'Times New Roman'; font-size:10.5000pt; mso-font-kerning:1.0000pt;"},"namespaceURI":"http://www.w3.org/1999/xhtml"},"node",{"tagName":"font","attributes":{"face":"å®ä½"},"namespaceURI":"http://www.w3.org/1999/xhtml"}]">产åéæ±ãæ ¸å¿åºå好</span></font></span></font><font face="Calibri"><span leaf="">120-150</span></font><font face="å®ä½"><span leaf="">ã¡ä¸å± 室ï¼å æ¯</span></font><font face="Calibri"><span leaf="">45%</span></font><font face="å®ä½"><span leaf="">ï¼ï¼è¿é以</span></font><font face="Calibri"><span leaf="">80-100</span></font><font face="å®ä½"><span leaf="">ã¡ä¸¤å± 为主ï¼ç»¿è²å»ºçãç§æç³»ç»ï¼å¦è¶ ä½è½èï¼å ³æ³¨åº¦æåã</span></font></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><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><font face="å®ä½"><span leaf="">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;"><font face="å®ä½"><span leaf="" data-pm-slice="1 1 ["para",{"tagName":"p","attributes":{"class":"MsoNormal"},"namespaceURI":"http://www.w3.org/1999/xhtml"},"node",{"tagName":"span","attributes":{"style":"mso-spacerun:'yes'; font-family:å®ä½; mso-ascii-font-family:Calibri; mso-hansi-font-family:Calibri; mso-bidi-font-family:'Times New Roman'; font-size:10.5000pt; mso-font-kerning:1.0000pt;"},"namespaceURI":"http://www.w3.org/1999/xhtml"},"node",{"tagName":"font","attributes":{"face":"å®ä½"},"namespaceURI":"http://www.w3.org/1999/xhtml"}]">å³çå ç´ ãæè²é å¥ï¼</span></font></span></font><font face="Calibri"><span leaf="">65%</span></font><font face="å®ä½"><span leaf="">ï¼ã交é便å©ï¼</span></font><font face="Calibri"><span leaf="">58%</span></font><font face="å®ä½"><span leaf="">ï¼ãç°æ¿</span></font><font face="Calibri"><span leaf="">/</span></font><font face="å®ä½"><span leaf="">åç°æ¿ï¼</span></font><font face="Calibri"><span leaf="">52%</span></font><font face="å®ä½"><span leaf="">ï¼ä¸ºåä¸èéã</span></font></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><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><font face="å®ä½"><span leaf=""><span textstyle="" style="font-size: 50px;color: rgb(124, 139, 9);font-weight: bold;text-decoration: underline;">03</span><span textstyle="" style="font-size: 24px;font-weight: bold;">åºåå¸åºå¯¹æ¯</span></span></font></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 data-pm-slice="0 0 []"><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><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;">ååºå表ç°</span></span></font></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><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><font face="å®ä½"><span leaf="">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;"><font face="å®ä½"><span leaf="" data-pm-slice="1 1 ["para",{"tagName":"p","attributes":{"class":"MsoNormal"},"namespaceURI":"http://www.w3.org/1999/xhtml"},"node",{"tagName":"span","attributes":{"style":"mso-spacerun:'yes'; font-family:å®ä½; mso-ascii-font-family:Calibri; mso-hansi-font-family:Calibri; mso-bidi-font-family:'Times New Roman'; font-size:10.5000pt; mso-font-kerning:1.0000pt;"},"namespaceURI":"http://www.w3.org/1999/xhtml"},"node",{"tagName":"font","attributes":{"face":"å®ä½"},"namespaceURI":"http://www.w3.org/1999/xhtml"}]">æ ¸å¿åºï¼ä¸å±±ã西å²ãæ²æ²³å£ï¼ãéä»·é½åï¼ä¸å±±åºä¸æ¸¯æ¿åä¿å©å¤©çºï¼</span></font></span></font><font face="Calibri"><span leaf="">3.8</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¸ºéå ï¼</span></font><font face="Calibri"><span leaf="">3</span></font><font face="å®ä½"><span leaf="">ææ交è§æ¨¡ç¯æ¯å¢é¿</span></font><font face="Calibri"><span leaf="">45%</span></font><font face="å®ä½"><span leaf="">ã</span></font></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><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><font face="å®ä½"><span leaf="">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;"><font face="å®ä½"><span leaf="" data-pm-slice="1 1 ["para",{"tagName":"p","attributes":{"class":"MsoNormal"},"namespaceURI":"http://www.w3.org/1999/xhtml"},"node",{"tagName":"span","attributes":{"style":"mso-spacerun:'yes'; font-family:å®ä½; mso-ascii-font-family:Calibri; mso-hansi-font-family:Calibri; mso-bidi-font-family:'Times New Roman'; font-size:10.5000pt; mso-font-kerning:1.0000pt;"},"namespaceURI":"http://www.w3.org/1999/xhtml"},"node",{"tagName":"font","attributes":{"face":"å®ä½"},"namespaceURI":"http://www.w3.org/1999/xhtml"}]">è¿éï¼çäºåãéå·ï¼ãçäºåä¾æå°é</span></font></span></font><font face="Calibri"><span leaf="">5</span></font><font face="å®ä½"><span leaf="">å·çº¿æ交活è·ï¼éå·åä¹éä¾èµæ¿ç¥¨å®ç½®å»åï¼ä½åºååå大ï¼å»åå¨æè¶ </span></font><font face="Calibri"><span leaf="">24</span></font><font face="å®ä½"><span leaf="">个æï¼ã</span></font></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><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><font face="å®ä½"><span leaf="">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;"><font face="å®ä½"><span leaf="" data-pm-slice="1 1 ["para",{"tagName":"p","attributes":{"class":"MsoNormal"},"namespaceURI":"http://www.w3.org/1999/xhtml"},"node",{"tagName":"span","attributes":{"style":"mso-spacerun:'yes'; font-family:å®ä½; mso-ascii-font-family:Calibri; mso-hansi-font-family:Calibri; mso-bidi-font-family:'Times New Roman'; font-size:10.5000pt; mso-font-kerning:1.0000pt;"},"namespaceURI":"http://www.w3.org/1999/xhtml"},"node",{"tagName":"font","attributes":{"face":"å®ä½"},"namespaceURI":"http://www.w3.org/1999/xhtml"}]">è¿éï¼æ 顺ãæ®å °åºï¼ãæ 顺åä»·è·ç ´</span></font></span></font><font face="Calibri"><span leaf="">6000</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¡ï¼ä»¥ä»·æ¢é为主ï¼é¿å ´å²å æåé工产ä¸äººå£æµå ¥éå¿ä¸æ¶¨è³</span></font><font face="Calibri"><span leaf="">8000</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="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-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;"><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;">æ¿åä»·å¼åæ</span></span></font></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><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><font face="å®ä½"><span leaf="">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;"><font face="å®ä½"><span leaf="" data-pm-slice="1 1 ["para",{"tagName":"p","attributes":{"class":"MsoNormal"},"namespaceURI":"http://www.w3.org/1999/xhtml"},"node",{"tagName":"span","attributes":{"style":"mso-spacerun:'yes'; font-family:å®ä½; mso-ascii-font-family:Calibri; mso-hansi-font-family:Calibri; mso-bidi-font-family:'Times New Roman'; font-size:10.5000pt; mso-font-kerning:1.0000pt;"},"namespaceURI":"http://www.w3.org/1999/xhtml"},"node",{"tagName":"font","attributes":{"face":"å®ä½"},"namespaceURI":"http://www.w3.org/1999/xhtml"}]">ä¸æ¸¯åå¡åºãå½é é å¥</span></font></span></font><font face="Calibri"><span leaf="">+</span></font><font face="å®ä½"><span leaf="">æµ·æ¯èµæºæ¯æé«ç«¯æº¢ä»·ï¼ä¿å©å¤©çºã绿åæµ·éµæé£ï¼</span></font><font face="Calibri"><span leaf="">3.5</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¡ï¼é¢è·ã</span></font></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><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><font face="å®ä½"><span leaf="">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;"><font face="å®ä½"><span leaf="" data-pm-slice="1 1 ["para",{"tagName":"p","attributes":{"class":"MsoNormal"},"namespaceURI":"http://www.w3.org/1999/xhtml"},"node",{"tagName":"span","attributes":{"style":"mso-spacerun:'yes'; font-family:å®ä½; mso-ascii-font-family:Calibri; mso-hansi-font-family:Calibri; mso-bidi-font-family:'Times New Roman'; font-size:10.5000pt; mso-font-kerning:1.0000pt;"},"namespaceURI":"http://www.w3.org/1999/xhtml"},"node",{"tagName":"font","attributes":{"face":"å®ä½"},"namespaceURI":"http://www.w3.org/1999/xhtml"}]">é«æ°åºãç§æ产ä¸éè</span></font></span></font><font face="Calibri"><span leaf="">+</span></font><font face="å®ä½"><span leaf="">å°éè¦çï¼å润</span></font><font face="Calibri"><span leaf="">TOD</span></font><font face="å®ä½"><span leaf="">å°åï¼æ¥¼é¢ä»·</span></font><font face="Calibri"><span leaf="">7419</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¡ï¼æ为æ½åæ¿åã</span></font></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><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><font face="å®ä½"><span leaf="">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;"><font face="å®ä½"><span leaf="" data-pm-slice="1 1 ["para",{"tagName":"p","attributes":{"class":"MsoNormal"},"namespaceURI":"http://www.w3.org/1999/xhtml"},"node",{"tagName":"span","attributes":{"style":"mso-spacerun:'yes'; font-family:å®ä½; mso-ascii-font-family:Calibri; mso-hansi-font-family:Calibri; mso-bidi-font-family:'Times New Roman'; font-size:10.5000pt; mso-font-kerning:1.0000pt;"},"namespaceURI":"http://www.w3.org/1999/xhtml"},"node",{"tagName":"font","attributes":{"face":"å®ä½"},"namespaceURI":"http://www.w3.org/1999/xhtml"}]">éå·åä¹éãæ¿ç驱å¨åæ¿åï¼æ¿ç¥¨å®ç½®æ¶ååºåï¼ä½æè²ãåä¸é å¥æ»åå¶çº¦é¿æä»·å¼ã</span></font></span></font></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;"><font face="å®ä½"><span leaf=""><span textstyle="" style="font-size: 50px;color: rgb(124, 139, 9);font-weight: bold;text-decoration: underline;">04</span></span><span leaf="" style="font-family: å®ä½;font-size: 10.5pt;"><span textstyle="" style="font-size: 24px;color: rgb(0, 0, 0);font-weight: bold;">ç«äºæ ¼å±</span></span></font></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 data-pm-slice="0 0 []"><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><font face="å®ä½"><span leaf="">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;" data-pm-slice="3 3 ["para",{"tagName":"p","attributes":{"class":"MsoNormal","data-pm-slice":"0 0 []"},"namespaceURI":"http://www.w3.org/1999/xhtml"}]"><font face="å®ä½"><span leaf="">æ¿ä¼éä¸åº¦</span></font><font face="å®ä½"><span leaf="">ãä¿å©ãä¸æµ·ãä¸ç§å æ®éé</span></font></span></font><font face="Calibri"><span leaf="">TOP3</span></font><font face="å®ä½"><span leaf="">ï¼å¸å çè¶ </span></font><font face="Calibri"><span leaf="">50%</span></font><font face="å®ä½"><span leaf="">ï¼ä¸æµ·å¯°å®æªæ¥åçè´¡ç®å ¨å¸</span></font><font face="Calibri"><span leaf="">43%</span></font><font face="å®ä½"><span leaf="">æ交éã</span></font></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><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><font face="å®ä½"><span leaf="">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;"><font face="å®ä½"><span leaf="" data-pm-slice="1 1 ["para",{"tagName":"p","attributes":{"class":"MsoNormal"},"namespaceURI":"http://www.w3.org/1999/xhtml"},"node",{"tagName":"span","attributes":{"style":"mso-spacerun:'yes'; font-family:å®ä½; mso-ascii-font-family:Calibri; mso-hansi-font-family:Calibri; mso-bidi-font-family:'Times New Roman'; font-size:10.5000pt; mso-font-kerning:1.0000pt;"},"namespaceURI":"http://www.w3.org/1999/xhtml"},"node",{"tagName":"font","attributes":{"face":"å®ä½"},"namespaceURI":"http://www.w3.org/1999/xhtml"}]">产åååãæ ¸å¿åºä¸»æâç§æ</span></font></span></font><font face="Calibri"><span leaf="">+</span></font><font face="å®ä½"><span leaf="">绿è²âé«ç«¯çï¼å¦ä¿å©å¤©çºè¶ ä½è½è设计ï¼ï¼è¿é以æ åååé产å为主ã</span></font></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><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><font face="å®ä½"><span leaf="">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;"><font face="å®ä½"><span leaf="" data-pm-slice="1 1 ["para",{"tagName":"p","attributes":{"class":"MsoNormal"},"namespaceURI":"http://www.w3.org/1999/xhtml"},"node",{"tagName":"span","attributes":{"style":"mso-spacerun:'yes'; font-family:å®ä½; mso-ascii-font-family:Calibri; mso-hansi-font-family:Calibri; mso-bidi-font-family:'Times New Roman'; font-size:10.5000pt; mso-font-kerning:1.0000pt;"},"namespaceURI":"http://www.w3.org/1999/xhtml"},"node",{"tagName":"font","attributes":{"face":"å®ä½"},"namespaceURI":"http://www.w3.org/1999/xhtml"}]">æ¸ éåé©ã线ä¸æ交å æ¯æåè³</span></font></span></font><font face="Calibri"><span leaf="">35%</span></font><font face="å®ä½"><span leaf="">ï¼</span></font><font face="Calibri"><span leaf="">VR</span></font><font face="å®ä½"><span leaf="">带ç转åç</span></font><font face="Calibri"><span leaf="">22%</span></font><font face="å®ä½"><span leaf="">ï¼å ¨æ°ç»çºªäººæ¸éççªç ´</span></font><font face="Calibri"><span leaf="">60%</span></font><font face="å®ä½"><span leaf="">ã</span></font></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><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><font face="å®ä½"><span leaf="" style="font-family: å®ä½;font-size: 10.5pt;"><span textstyle="" style="font-size: 50px;color: rgb(124, 139, 9);font-weight: bold;text-decoration: underline;">05</span></span><span leaf=""><span textstyle="" style="font-size: 24px;font-weight: bold;">çé项ç®åæ</span></span></font></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 data-pm-slice="0 0 []"><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><font face="å®ä½"><span leaf="">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;" data-pm-slice="3 3 ["para",{"tagName":"p","attributes":{"class":"MsoNormal","data-pm-slice":"0 0 []"},"namespaceURI":"http://www.w3.org/1999/xhtml"}]"><font face="å®ä½"><span leaf="">ä¸æµ·å¯°å®æªæ¥ï¼æ²æ²³å£åºï¼</span></font><font face="å®ä½"><span leaf="">ã</span></font></span></font><font face="Calibri"><span leaf="">3</span></font><font face="å®ä½"><span leaf="">æå¼çæ交</span></font><font face="Calibri"><span leaf="">2.07</span></font><font face="å®ä½"><span leaf="">ä¸ã¡ï¼æå¨å ¨å¸å¨æ交éæ´æ¶¨</span></font><font face="Calibri"><span leaf="">45%</span></font><font face="å®ä½"><span leaf="">ï¼åä»·</span></font><font face="Calibri"><span leaf="">1.83</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¡ï¼ä¸»ææ¹ååä¸å± 室ï¼é å¥å°éåæè²èµæºã</span></font></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><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><font face="å®ä½"><span leaf="">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;"><font face="å®ä½"><span leaf="" data-pm-slice="1 1 ["para",{"tagName":"p","attributes":{"class":"MsoNormal"},"namespaceURI":"http://www.w3.org/1999/xhtml"},"node",{"tagName":"span","attributes":{"style":"mso-spacerun:'yes'; font-family:å®ä½; mso-ascii-font-family:Calibri; mso-hansi-font-family:Calibri; mso-bidi-font-family:'Times New Roman'; font-size:10.5000pt; mso-font-kerning:1.0000pt;"},"namespaceURI":"http://www.w3.org/1999/xhtml"},"node",{"tagName":"font","attributes":{"face":"å®ä½"},"namespaceURI":"http://www.w3.org/1999/xhtml"}]">ä¿å©å¤©çºï¼ä¸å±±åºä¸æ¸¯ï¼ãåä»·</span></font></span></font><font face="Calibri"><span leaf="">3.8</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¡ï¼</span></font><font face="Calibri"><span leaf="">3</span></font><font face="å®ä½"><span leaf="">ææ交é¢è·æ ¸å¿åºï¼ä¼å¿ä¸ºæµ·æ¯èµæº</span></font><font face="Calibri"><span leaf="">+</span></font><font face="å®ä½"><span leaf="">è¶ ä½è½è设计ã</span></font></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><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><font face="å®ä½"><span leaf="">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;"><font face="å®ä½"><span leaf="" data-pm-slice="1 1 ["para",{"tagName":"p","attributes":{"class":"MsoNormal"},"namespaceURI":"http://www.w3.org/1999/xhtml"},"node",{"tagName":"span","attributes":{"style":"mso-spacerun:'yes'; font-family:å®ä½; mso-ascii-font-family:Calibri; mso-hansi-font-family:Calibri; mso-bidi-font-family:'Times New Roman'; font-size:10.5000pt; mso-font-kerning:1.0000pt;"},"namespaceURI":"http://www.w3.org/1999/xhtml"},"node",{"tagName":"font","attributes":{"face":"å®ä½"},"namespaceURI":"http://www.w3.org/1999/xhtml"}]">éæ³ç»¿æ´²ï¼çäºåæ³æ°´ï¼ãåéæ æ项ç®ï¼</span></font></span></font><font face="Calibri"><span leaf="">3</span></font><font face="å®ä½"><span leaf="">ææ交</span></font><font face="Calibri"><span leaf="">3221</span></font><font face="å®ä½"><span leaf="">ã¡ï¼åä»·</span></font><font face="Calibri"><span leaf="">1.2</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¡ï¼ä¾æå°é</span></font><font face="Calibri"><span leaf="">+</span></font><font face="å®ä½"><span leaf="">ç°æ¿ä¼å¿å¸å¼é¿é©éæ±ã</span></font></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><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><font face="å®ä½"><span leaf="" style="font-family: å®ä½;font-size: 10.5pt;"><span textstyle="" style="font-size: 50px;color: rgb(124, 139, 9);font-weight: bold;text-decoration: underline;">06</span></span><span leaf=""><span textstyle="" style="font-size: 24px;font-weight: bold;">ä¸å®¶ä¸æºæè§ç¹</span></span></font></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 data-pm-slice="0 0 []"><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><font face="å®ä½"><span leaf="">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;" data-pm-slice="3 3 ["para",{"tagName":"p","attributes":{"class":"MsoNormal","data-pm-slice":"0 0 []"},"namespaceURI":"http://www.w3.org/1999/xhtml"}]"><font face="å®ä½"><span leaf="">ä¸æç 究é¢</span></font><font face="å®ä½"><span leaf="">ãå¸åºååå å§ï¼æ ¸å¿èµäº§ï¼å¦ä¸æ¸¯ãé«æ°ï¼åéèèµæ¬éçï¼è¿éè¾¹ç¼åè¶å¿ä¸å¯éã</span></font></span></font></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><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><font face="å®ä½"><span leaf="">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;"><font face="å®ä½"><span leaf="" data-pm-slice="1 1 ["para",{"tagName":"p","attributes":{"class":"MsoNormal"},"namespaceURI":"http://www.w3.org/1999/xhtml"},"node",{"tagName":"span","attributes":{"style":"mso-spacerun:'yes'; font-family:å®ä½; mso-ascii-font-family:Calibri; mso-hansi-font-family:Calibri; mso-bidi-font-family:'Times New Roman'; font-size:10.5000pt; mso-font-kerning:1.0000pt;"},"namespaceURI":"http://www.w3.org/1999/xhtml"},"node",{"tagName":"font","attributes":{"face":"å®ä½"},"namespaceURI":"http://www.w3.org/1999/xhtml"}]">è´å£³æ¾æ¿ãæ¹åéæ±å æ¯è¶ </span></font></span></font><font face="Calibri"><span leaf="">70%</span></font><font face="å®ä½"><span leaf="">ï¼äº§ååï¼å¦ç»¿è²å»ºçãæºè½åï¼æ为ç«äºæ ¸å¿ã</span></font></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><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><font face="å®ä½"><span leaf="">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;"><font face="å®ä½"><span leaf="" data-pm-slice="1 1 ["para",{"tagName":"p","attributes":{"class":"MsoNormal"},"namespaceURI":"http://www.w3.org/1999/xhtml"},"node",{"tagName":"span","attributes":{"style":"mso-spacerun:'yes'; font-family:å®ä½; mso-ascii-font-family:Calibri; mso-hansi-font-family:Calibri; mso-bidi-font-family:'Times New Roman'; font-size:10.5000pt; mso-font-kerning:1.0000pt;"},"namespaceURI":"http://www.w3.org/1999/xhtml"},"node",{"tagName":"font","attributes":{"face":"å®ä½"},"namespaceURI":"http://www.w3.org/1999/xhtml"}]">大è¿ä½å»ºå±ãæ¿ç红å©å°æç»éæ¾ï¼</span></font></span></font><font face="Calibri"><span leaf="">2025</span></font><font face="å®ä½"><span leaf="">å¹´å¸åºå°çåºåæï¼ä½éè¦æä¸å°æ¿ä¼èµéé¾é£é©ã</span></font></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;"><font face="å®ä½"><span leaf="" style="font-family: å®ä½;font-size: 10.5pt;"><span textstyle="" style="font-size: 50px;color: rgb(124, 139, 9);font-weight: bold;text-decoration: underline;">07</span></span><span leaf=""><span textstyle="" style="font-size: 24px;font-weight: bold;">客æ·éæ±ä¸çç¹</span></span></font></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 data-pm-slice="0 0 []"><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">1.æ ¸å¿éæ±</span></span></font><font face="å®ä½"><span leaf=""><br /></span></font></span></p><p data-pm-slice="0 0 []"><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><font face="å®ä½"><span leaf="">æ¹åå客æ·å ³æ³¨ç©ºé´æ¨¡åå设计ï¼å¯å书æ¿</span></font><font face="Calibri"><span leaf="">/</span></font><font face="å®ä½"><span leaf="">å¿ç«¥æ¿ï¼å社åºæºè½åï¼ç°æ¿ãå½ä¼å¼å项ç®ç度ä¸åã</span></font></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><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">2.主è¦çç¹</span></span></font></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;"><font face="å®ä½"><span leaf="">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;"><font face="å®ä½"><span leaf="" data-pm-slice="1 1 ["para",{"tagName":"p","attributes":{"class":"MsoNormal"},"namespaceURI":"http://www.w3.org/1999/xhtml"},"node",{"tagName":"span","attributes":{"style":"mso-spacerun:'yes'; font-family:å®ä½; mso-ascii-font-family:Calibri; mso-hansi-font-family:Calibri; mso-bidi-font-family:'Times New Roman'; font-size:10.5000pt; mso-font-kerning:1.0000pt;"},"namespaceURI":"http://www.w3.org/1999/xhtml"},"node",{"tagName":"font","attributes":{"face":"å®ä½"},"namespaceURI":"http://www.w3.org/1999/xhtml"}]">交ä»ç¦èãè¿é项ç®åå·¥é£é©æªå®å ¨ç¼è§£ï¼å®¢æ·å¯¹æ°è¥æ¿ä¼ææ¿ä¿¡ä»»åº¦ä½ã</span></font></span></font></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><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><font face="å®ä½"><span leaf="">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;"><font face="å®ä½"><span leaf="" data-pm-slice="1 1 ["para",{"tagName":"p","attributes":{"class":"MsoNormal"},"namespaceURI":"http://www.w3.org/1999/xhtml"},"node",{"tagName":"span","attributes":{"style":"mso-spacerun:'yes'; font-family:å®ä½; mso-ascii-font-family:Calibri; mso-hansi-font-family:Calibri; mso-bidi-font-family:'Times New Roman'; font-size:10.5000pt; mso-font-kerning:1.0000pt;"},"namespaceURI":"http://www.w3.org/1999/xhtml"},"node",{"tagName":"font","attributes":{"face":"å®ä½"},"namespaceURI":"http://www.w3.org/1999/xhtml"}]">ä»·æ ¼åµå±ãè¿éä¿éææè¾¹é éåï¼ç¹ä»·æ¿å»åçä¸è¶³</span></font></span></font><font face="Calibri"><span leaf="">30%</span></font><font face="å®ä½"><span leaf="">ã</span></font></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><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><font face="å®ä½"><span leaf="">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;"><font face="å®ä½"><span leaf="" data-pm-slice="1 1 ["para",{"tagName":"p","attributes":{"class":"MsoNormal"},"namespaceURI":"http://www.w3.org/1999/xhtml"},"node",{"tagName":"span","attributes":{"style":"mso-spacerun:'yes'; font-family:å®ä½; mso-ascii-font-family:Calibri; mso-hansi-font-family:Calibri; mso-bidi-font-family:'Times New Roman'; font-size:10.5000pt; mso-font-kerning:1.0000pt;"},"namespaceURI":"http://www.w3.org/1999/xhtml"},"node",{"tagName":"font","attributes":{"face":"å®ä½"},"namespaceURI":"http://www.w3.org/1999/xhtml"}]">é å¥æ»åãéå·ãæ 顺æè²å»çèµæºä¸è¶³ï¼å¶çº¦é¿æå± ä½å¸å¼åã</span></font></span></font></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><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><font face="å®ä½"><span leaf="" style="font-family: å®ä½;font-size: 10.5pt;"><span textstyle="" style="font-size: 50px;color: rgb(124, 139, 9);font-weight: bold;text-decoration: underline;">08</span></span><span leaf=""><span textstyle="" style="font-size: 24px;font-weight: bold;">é£é©ä¸å»ºè®®</span></span></font></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 data-pm-slice="0 0 []"><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">1.é£é©æ示</span></span></font><font face="å®ä½"><span leaf=""><br /></span></font></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><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><font face="å®ä½"><span leaf="">ä¸å°æ¿ä¼èµéé¾ååæªå®å ¨ç¼è§£ï¼éè¦æè¿é项ç®åå·¥é£é©ã</span></font></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><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><font face="å®ä½"><span leaf="">è¥äºå£åº¦å»åä¸åé¢æï¼å°æ¹æå ç 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Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><font face="å®ä½"><span leaf="" data-pm-slice="1 1 ["para",{"tagName":"p","attributes":{"class":"MsoNormal"},"namespaceURI":"http://www.w3.org/1999/xhtml"},"node",{"tagName":"span","attributes":{"style":"mso-spacerun:'yes'; font-family:å®ä½; mso-ascii-font-family:Calibri; mso-hansi-font-family:Calibri; mso-bidi-font-family:'Times New Roman'; font-size:10.5000pt; mso-font-kerning:1.0000pt;"},"namespaceURI":"http://www.w3.org/1999/xhtml"},"node",{"tagName":"font","attributes":{"face":"å®ä½"},"namespaceURI":"http://www.w3.org/1999/xhtml"}]">æ¿ç端ãä¼å人æè´æ¿å¸ï¼æ©å¤§è³æ¬ç§ï¼ï¼å 强é¢å®èµéç©¿éå¼ç管ã</span></font></span></font></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><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><font face="å®ä½"><span leaf="">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;"><font face="å®ä½"><span leaf="" data-pm-slice="1 1 ["para",{"tagName":"p","attributes":{"class":"MsoNormal"},"namespaceURI":"http://www.w3.org/1999/xhtml"},"node",{"tagName":"span","attributes":{"style":"mso-spacerun:'yes'; font-family:å®ä½; mso-ascii-font-family:Calibri; mso-hansi-font-family:Calibri; mso-bidi-font-family:'Times New Roman'; font-size:10.5000pt; mso-font-kerning:1.0000pt;"},"namespaceURI":"http://www.w3.org/1999/xhtml"},"node",{"tagName":"font","attributes":{"face":"å®ä½"},"namespaceURI":"http://www.w3.org/1999/xhtml"}]">æ¿ä¼ç«¯ãæ 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["para",{"tagName":"p","attributes":{"class":"MsoNormal"},"namespaceURI":"http://www.w3.org/1999/xhtml"},"node",{"tagName":"span","attributes":{"style":"mso-spacerun:'yes'; font-family:å®ä½; mso-ascii-font-family:Calibri; mso-hansi-font-family:Calibri; mso-bidi-font-family:'Times New Roman'; font-size:10.5000pt; mso-font-kerning:1.0000pt;"},"namespaceURI":"http://www.w3.org/1999/xhtml"},"node",{"tagName":"font","attributes":{"face":"å®ä½"},"namespaceURI":"http://www.w3.org/1999/xhtml"}]">客æ·ç«¯ãé对æ¹åéæ±æ¨åºâ以å°æ¢å¤§âç¨è´¹è¡¥è´´ï¼æåäºææ¿äº¤æ便å©åº¦ã</span></font></span></font></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><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><font face="å®ä½"><span leaf="" style="font-family: å®ä½;font-size: 10.5pt;"><span textstyle="" style="font-size: 50px;color: rgb(124, 139, 9);font-weight: bold;text-decoration: underline;">09</span></span><span leaf=""><span textstyle="" style="font-size: 24px;font-weight: bold;">æªæ¥å±æ</span></span></font></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 data-pm-slice="0 0 []"><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">1.çæï¼</span></span></font><font face="Calibri"><span leaf=""><span textstyle="" style="font-weight: bold;">2025</span></span></font><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">å¹´</span></span></font><font face="Calibri"><span leaf=""><span textstyle="" style="font-weight: bold;">Q2-Q4</span></span></font><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">ï¼ï¼</span></span></font></span></p><p data-pm-slice="0 0 []"><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><font face="å®ä½"><span leaf="">æ¿ç红å©æç»éæ¾ï¼æ ¸å¿åºé价稳ä¸æåï¼ä¸æ¸¯æ¿åæçªç ´</span></font><font face="Calibri"><span leaf="">4</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¡ï¼ï¼å¹´ä¸åºåéè³</span></font><font face="Calibri"><span leaf="">18</span></font><font face="å®ä½"><span leaf="">个æï¼è¿é以价æ¢éå éåºæ¸ ï¼æ¿ç¥¨å®ç½®å¯¹å²ä¸è¡ååã</span></font></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><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">2.ä¸é¿æï¼</span></span></font><font face="Calibri"><span leaf=""><span textstyle="" style="font-weight: bold;">2025-2026</span></span></font><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">å¹´ï¼ï¼</span></span></font></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><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><font face="å®ä½"><span leaf="">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;"><font face="å®ä½"><span leaf="" data-pm-slice="1 1 ["para",{"tagName":"p","attributes":{"class":"MsoNormal"},"namespaceURI":"http://www.w3.org/1999/xhtml"},"node",{"tagName":"span","attributes":{"style":"mso-spacerun:'yes'; font-family:å®ä½; mso-ascii-font-family:Calibri; mso-hansi-font-family:Calibri; mso-bidi-font-family:'Times New Roman'; font-size:10.5000pt; mso-font-kerning:1.0000pt;"},"namespaceURI":"http://www.w3.org/1999/xhtml"},"node",{"tagName":"font","attributes":{"face":"å®ä½"},"namespaceURI":"http://www.w3.org/1999/xhtml"}]">å¸åºååãæ ¸å¿èµäº§éèåï¼</span></font></span></font><font face="Calibri"><span leaf="">REITs</span></font><font face="å®ä½"><span leaf="">è¯ç¹ï¼ï¼è¿éè¾¹ç¼åè¶å¿å å§ã</span></font></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><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><font face="å®ä½"><span leaf="">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;"><font face="å®ä½"><span leaf="" data-pm-slice="1 1 ["para",{"tagName":"p","attributes":{"class":"MsoNormal"},"namespaceURI":"http://www.w3.org/1999/xhtml"},"node",{"tagName":"span","attributes":{"style":"mso-spacerun:'yes'; font-family:å®ä½; mso-ascii-font-family:Calibri; mso-hansi-font-family:Calibri; mso-bidi-font-family:'Times New Roman'; font-size:10.5000pt; mso-font-kerning:1.0000pt;"},"namespaceURI":"http://www.w3.org/1999/xhtml"},"node",{"tagName":"font","attributes":{"face":"å®ä½"},"namespaceURI":"http://www.w3.org/1999/xhtml"}]">åéèµéå´èµ·ãåå¸æ´æ°ï¼</span></font></span></font><font face="Calibri"><span leaf="">8000</span></font><font face="å®ä½"><span leaf="">å¥åä¸ææ¹é ï¼ãèæ§å°åºæ¹é ï¼</span></font><font face="Calibri"><span leaf="">4527</span></font><font face="å®ä½"><span leaf="">é¨çµæ¢¯æ´æ°ï¼ææ°å¢é¿ç¹ã</span></font></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><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><font face="å®ä½"><span leaf="">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;"><font face="å®ä½"><span leaf="" data-pm-slice="1 1 ["para",{"tagName":"p","attributes":{"class":"MsoNormal"},"namespaceURI":"http://www.w3.org/1999/xhtml"},"node",{"tagName":"span","attributes":{"style":"mso-spacerun:'yes'; font-family:å®ä½; mso-ascii-font-family:Calibri; mso-hansi-font-family:Calibri; mso-bidi-font-family:'Times New Roman'; font-size:10.5000pt; mso-font-kerning:1.0000pt;"},"namespaceURI":"http://www.w3.org/1999/xhtml"},"node",{"tagName":"font","attributes":{"face":"å®ä½"},"namespaceURI":"http://www.w3.org/1999/xhtml"}]">é¿</span><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><font face="å®ä½"><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><font face="å®ä½"><span leaf="" data-pm-slice="1 1 ["para",{"tagName":"p","attributes":{"class":"MsoNormal"},"namespaceURI":"http://www.w3.org/1999/xhtml"},"node",{"tagName":"span","attributes":{"style":"mso-spacerun:'yes'; font-family:å®ä½; mso-ascii-font-family:Calibri; mso-hansi-font-family:Calibri; mso-bidi-font-family:'Times New Roman'; font-size:10.5000pt; mso-font-kerning:1.0000pt;"},"namespaceURI":"http://www.w3.org/1999/xhtml"},"node",{"tagName":"font","attributes":{"face":"å®ä½"},"namespaceURI":"http://www.w3.org/1999/xhtml"},"node",{"tagName":"span","attributes":{"style":"mso-spacerun:'yes'; font-family:å®ä½; mso-ascii-font-family:Calibri; mso-hansi-font-family:Calibri; mso-bidi-font-family:'Times New Roman'; font-size:10.5000pt; mso-font-kerning:1.0000pt;"},"namespaceURI":"http://www.w3.org/1999/xhtml"},"node",{"tagName":"font","attributes":{"face":"å®ä½"},"namespaceURI":"http://www.w3.org/1999/xhtml"}]">ææºå¶ãä¿éæ¿ä½ç³»å æ¯æåè³</span></font></span></font></span></font></span></font><font face="Calibri"><span leaf="">30%</span></font><font face="å®ä½"><span leaf="">ï¼</span></font><font face="Calibri"><span leaf="">2025</span></font><font face="å®ä½"><span leaf="">å¹´æ°å¼å·¥é¡¹ç®</span></font><font face="Calibri"><span leaf="">100%</span></font><font face="å®ä½"><span leaf="">è¶ ä½è½èã</span></font></span></p><section 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