<p data-pm-slice="0 0 []"><span><font face="å®ä½"><span leaf="" style="font-family: å®ä½;font-size: 10.5pt;"><span textstyle="" style="font-size: 24px;color: #7c8b09;font-weight: bold;text-decoration: underline;">ä¸ãå¸åºæ´ä½è¡¨ç°</span></span></font><font face="å®ä½"></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;">æäº¤éä¸ä»·æ ¼ååææ¾</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=""><span textstyle="" style="font-weight: bold;">æ°æ¿å¸åºï¼</span></span></font><font face="Calibri"><span leaf="">1-3</span></font><font face="å®ä½"><span leaf="">æåæ¿çåºæ¿æäº¤é忝䏿¶¨</span></font><font face="Calibri"><span leaf="">32%</span></font><font face="å®ä½"><span leaf="">ï¼ä½</span></font><font face="Calibri"><span leaf="">5</span></font><font face="å®ä½"><span leaf="">æåææäº¤ä» </span></font><font face="Calibri"><span leaf="">1614</span></font><font face="å®ä½"><span leaf="">å¥ï¼ç¯æ¯éª¤é</span></font><font face="Calibri"><span leaf="">31.7%</span></font><font face="å®ä½"><span leaf="">ï¼åä»·</span></font><font face="Calibri"><span leaf="">23371</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¸è·</span></font><font face="Calibri"><span leaf="">1.47%</span></font><font face="å®ä½"><span leaf="">ãæ ¸å¿çç¾å¨äºæ¹åå产åï¼</span></font><font face="Calibri"><span leaf="">140</span></font><font face="å®ä½"><span leaf="">ã¡ä»¥ä¸æ·åå æ¯</span></font><font face="Calibri"><span leaf="">46%</span></font><font face="å®ä½"><span leaf="">ï¼ä¸åééæ±è±èï¼å½¢æâé«ç«¯ä¹°æ°ãåéä¹°æ§âæ ¼å±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=""><span textstyle="" style="font-weight: bold;">äºææ¿å¸åºï¼</span></span></font><font face="Calibri"><span leaf="">1-4</span></font><font face="å®ä½"><span leaf="">æç´¯è®¡æäº¤è¶ </span></font><font face="Calibri"><span leaf="">2</span></font><font face="å®ä½"><span leaf="">ä¸å¥ï¼åæ¯å¢é¿</span></font><font face="Calibri"><span leaf="">3%</span></font><font face="å®ä½"><span leaf="">ï¼ä½</span></font><font face="Calibri"><span leaf="">4</span></font><font face="å®ä½"><span leaf="">æåä»·éè³</span></font><font face="Calibri"><span leaf="">1.50</span></font><font face="å®ä½"><span leaf="">ä¸å </span></font><font face="Calibri"><span leaf="">/</span></font><font face="å®ä½"><span leaf="">ã¡ï¼åæ¯è·å¹ è¾¾</span></font><font face="Calibri"><span leaf="">10.68%</span></font><font face="å®ä½"><span leaf="">ãè´æ¿è éè¿â以价æ¢éâå éæäº¤ï¼å¹³åæäº¤å¨æä»</span></font><font face="Calibri"><span leaf="">2024</span></font><font face="å®ä½"><span leaf="">å¹´ç</span></font><font face="Calibri"><span leaf="">265</span></font><font face="å®ä½"><span leaf="">天缩çè³</span></font><font face="Calibri"><span leaf="">204</span></font><font face="å®ä½"><span leaf="">天ï¼è®®ä»·ç©ºé´æ©å¤§è³</span></font><font face="Calibri"><span leaf="">8.13%</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=""><span textstyle="" style="font-weight: bold;">åºåååï¼</span>æªè³</span></font><font face="Calibri"><span leaf="">5</span></font><font face="å®ä½"><span leaf="">æåºï¼å¸åºæ¾æ§åºå</span></font><font face="Calibri"><span leaf="">285</span></font><font face="å®ä½"><span leaf="">䏿¹ï¼çº¦</span></font><font face="Calibri"><span leaf="">2.3</span></font><font face="å®ä½"><span leaf="">ä¸å¥ï¼ï¼å»å卿</span></font><font face="Calibri"><span leaf="">9.9</span></font><font face="å®ä½"><span leaf="">个æã滨æ¹åºå»å卿é«è¾¾</span></font><font face="Calibri"><span leaf="">26</span></font><font face="å®ä½"><span leaf="">个æï¼æ°ç«ãç¶æµ·çå¤å´æ¿åæµéæ§è¾å¼±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><font face="å®ä½"><span leaf="" style="font-family: å®ä½;font-size: 10.5pt;"><span textstyle="" style="font-size: 24px;color: #7c8b09;font-weight: bold;text-decoration: underline;">äºãæ¿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=""><span textstyle="" style="font-weight: bold;">1.æ ¸å¿æ¿çå»¶ç»å®½æ¾åºè°</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=""><span textstyle="" style="font-weight: bold;">è´æ¿è¡¥è´´å»¶æï¼</span>åå®</span></font><font face="Calibri"><span leaf="">5</span></font><font face="å®ä½"><span leaf="">æ</span></font><font face="Calibri"><span leaf="">14</span></font><font face="å®ä½"><span leaf="">æ¥å°æç补贴æ¿çå»¶ç»è³</span></font><font face="Calibri"><span leaf="">2026</span></font><font face="å®ä½"><span leaf="">å¹´</span></font><font face="Calibri"><span leaf="">5</span></font><font face="å®ä½"><span leaf="">æ</span></font><font face="Calibri"><span leaf="">14</span></font><font face="å®ä½"><span leaf="">æ¥ï¼æ®éå®¶åºè¡¥</span></font><font face="Calibri"><span leaf="">1%</span></font><font face="å®ä½"><span leaf="">ãå¤å©å®¶åº</span></font><font face="Calibri"><span leaf="">1.5%</span></font><font face="å®ä½"><span leaf="">ãæ°å¸æ°</span></font><font face="Calibri"><span leaf="">/</span></font><font face="å®ä½"><span leaf="">åæ°è¡¥</span></font><font face="Calibri"><span leaf="">2%</span></font><font face="å®ä½"><span leaf="">ï¼å奿é«</span></font><font face="Calibri"><span leaf="">10</span></font><font face="å®ä½"><span leaf="">ä¸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=""><span textstyle="" style="font-weight: bold;">éèæ¯æå ç ï¼</span>é¦å¥é¦ä»éè³</span></font><font face="Calibri"><span leaf="">15%</span></font><font face="å®ä½"><span leaf="">ãåè´·å©ç</span></font><font face="Calibri"><span leaf="">3.0%</span></font><font face="å®ä½"><span leaf="">ï¼å ¬ç§¯éé¦å¥å©ç</span></font><font face="Calibri"><span leaf="">2.6%</span></font><font face="å®ä½"><span leaf="">ï¼å¤åå¥³å®¶åºæé«å¯è´·</span></font><font face="Calibri"><span leaf="">120</span></font><font face="å®ä½"><span leaf="">ä¸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=""><span textstyle="" style="font-weight: bold;">å®¹ç§¯çæ°è§è½å°ï¼</span>åºé³åºä¸ç§æ¦æ éå·ç项ç®éè¿âé³å°é¢ç§¯ä¸è®¡å®¹âæå徿¿çè³</span></font><font face="Calibri"><span leaf="">95%</span></font><font face="å®ä½"><span leaf="">ï¼æ¨å¨å»åçè¶ </span></font><font face="Calibri"><span leaf="">78%</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=""><span textstyle="" style="font-weight: bold;">2.çç¹äºä»¶é©±å¨å¸åºæ 绪</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=""><span textstyle="" style="font-weight: bold;">âéä¸é¶åâå°é³æ¥ï¼</span>æ¥èåäºææ¿å¨æäº¤ç¯æ¯æ´æ¶¨</span></font><font face="Calibri"><span leaf="">102%</span></font><font face="å®ä½"><span leaf="">ï¼æ¿çåºæ¿ä¸éæ±éä¸éæ¾å½¢æçæé«å³°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=""><span textstyle="" style="font-weight: bold;">æ¿ä¼äº§å转åï¼</span>ä¿å©ãä¸ç§çå éå¸å±â好æ¿åâ产å线ï¼å¦å æ²³åºå¤©éåºå£¹èé¦å¼æå·ï¼ä¸»æé«å¾æ¿ç䏿ºè½ç¤¾åºã</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><font face="å®ä½"><span leaf="" style="font-family: å®ä½;font-size: 10.5pt;"><span textstyle="" style="font-size: 24px;color: #7c8b09;font-weight: bold;text-decoration: underline;">ä¸ãåå°å¸åºï¼ä¾åºæ¶ç¼©ä¸æ°ä¼éå¿å ¥åº</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=""><span textstyle="" style="font-weight: bold;">æ´ä½ä½è¿·ï¼</span></span></font><font face="Calibri"><span leaf="">1-5</span></font><font face="å®ä½"><span leaf="">æå ¨å¸æäº¤</span></font><font face="Calibri"><span leaf="">23</span></font><font face="å®ä½"><span leaf="">å®å°ï¼å«å¿å¸ï¼ï¼æ»é¢ç§¯</span></font><font face="Calibri"><span leaf="">61.1</span></font><font face="å®ä½"><span leaf="">ä¸ã¡ï¼éé¢</span></font><font face="Calibri"><span leaf="">66.1</span></font><font face="å®ä½"><span leaf="">亿å ï¼åæ¯æ¾è䏿»ãå¸åºä¾å°å æ¯</span></font><font face="Calibri"><span leaf="">74%</span></font><font face="å®ä½"><span leaf="">ï¼ä½ç¶æµ·åºæå¤§ä¸å¤®å¹¿åºå°åå æ 人æ¥åæµæï¼åæ æ¿ä¼èµéååã</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;">ç»ææ§äº®ç¹ï¼</span>æ°ä¼å¤§å¯å°äº§åºä»·ç«å¾å æ²³åä½å°åï¼æ¥¼é¢ä»·</span></font><font face="Calibri"><span leaf="">5571</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¡ï¼ï¼å èå¤èæºæ³°æº¢ä»·</span></font><font face="Calibri"><span leaf="">4.8%</span></font><font face="å®ä½"><span leaf="">æ¿ä¸è¥è¥¿ä½å¯å® å°ï¼å®¹ç§¯ç</span></font><font face="Calibri"><span leaf="">1.3</span></font><font face="å®ä½"><span leaf="">ï¼ï¼æ¾ç¤ºå±é¨å¸åºä¿¡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><font face="å®ä½"><span leaf="" style="font-family: å®ä½;font-size: 10.5pt;"><span textstyle="" style="font-size: 24px;color: #7c8b09;font-weight: bold;text-decoration: underline;">åã客æ·ç»åï¼åé䏿¹åéæ±å²è£</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=""><span textstyle="" style="font-weight: bold;">1.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=""><span textstyle="" style="font-weight: bold;">å¹´é¾ä¸æ¯ä»è½åï¼</span></span></font><font face="Calibri"><span leaf="">25-40</span></font><font face="å®ä½"><span leaf="">å²ç¾¤ä½å </span></font><font face="Calibri"><span leaf="">85%</span></font><font face="å®ä½"><span leaf="">ï¼</span></font><font face="Calibri"><span leaf="">85</span></font><font face="å®ä½"><span leaf="">åæ¹å客群主导</span></font><font face="Calibri"><span leaf="">300-500</span></font><font face="å®ä½"><span leaf="">䏿»ä»·æ®µï¼å æ¯æå</span></font><font face="Calibri"><span leaf="">8.26%</span></font><font face="å®ä½"><span leaf="">ï¼ï¼</span></font><font face="Calibri"><span leaf="">90</span></font><font face="å®ä½"><span leaf="">ååé转å</span></font><font face="Calibri"><span leaf="">100-150</span></font><font face="å®ä½"><span leaf="">ä¸äºææ¿ï¼å æ¯</span></font><font face="Calibri"><span leaf="">39.2%</span></font><font face="å®ä½"><span leaf="">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"><span leaf=""><span textstyle="" style="font-weight: bold;">2.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=""><span textstyle="" style="font-weight: bold;">æ·åéæ©ï¼</span>æ°æ¿ä»¥</span></font><font face="Calibri"><span leaf="">3</span></font><font face="å®ä½"><span leaf="">室ï¼</span></font><font face="Calibri"><span leaf="">49.8%</span></font><font face="å®ä½"><span leaf="">ï¼å</span></font><font face="Calibri"><span leaf="">120-144</span></font><font face="å®ä½"><span leaf="">ã¡æ¹åæ·å为主ï¼äºææ¿ä»¥</span></font><font face="Calibri"><span leaf="">70-90</span></font><font face="å®ä½"><span leaf="">ã¡å°æ·åææ´»è·ï¼å æ¯</span></font><font face="Calibri"><span leaf="">23%</span></font><font face="å®ä½"><span leaf="">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"><span leaf=""><span textstyle="" style="font-weight: bold;">å³çé»è¾ï¼</span>æ¹åå®¢ç¾¤å ³æ³¨âäºè¾¹å½¢ææ âï¼å°æ®µãåçãåè´¨ãé å¥ãç¯å¢ï¼ï¼åé客群ä¼å æ»ä»·ä¸å¦åºã</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><font face="å®ä½"><span leaf="" style="font-family: å®ä½;font-size: 10.5pt;"><span textstyle="" style="font-size: 24px;color: #7c8b09;font-weight: bold;text-decoration: underline;">äºãåºåå¸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><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-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;">æ ¸å¿åºä¸å¤å´æ¿åååå å§</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=""><span textstyle="" style="font-weight: bold;">æ¿å¡åºï¼</span>æ°æ¿åä»·</span></font><font face="Calibri"><span leaf="">3.06</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¡ï¼èå壹å·é¢åä»·ç ´</span></font><font face="Calibri"><span leaf="">6</span></font><font face="å®ä½"><span leaf="">ä¸ï¼é¡¶çº§é 奿¯æé«æº¢ä»·ï¼ä½ä¾åºç¨ç¼ºå¯¼è´æäº¤è缩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=""><span textstyle="" style="font-weight: bold;">滨æ¹åºï¼</span>åºåé«åä¸å»å卿</span></font><font face="Calibri"><span leaf="">26</span></font><font face="å®ä½"><span leaf="">个æï¼ä½ç¯æ¹é«ç«¯é¡¹ç®ä¿å¼æ§å¼ºï¼æ°æ¿åä»·</span></font><font face="Calibri"><span leaf="">2.97</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¡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=""><span textstyle="" style="font-weight: bold;">å æ²³åºï¼</span>æäº¤ææ´»è·åºåï¼å æ¯</span></font><font face="Calibri"><span leaf="">32.06%</span></font><font face="å®ä½"><span leaf="">ï¼ï¼æ·æ²³æ¿åâæ¿èâ叿¾ï¼åå°ä¾åºåå°å©æ¨ä»·æ ¼è³</span></font><font face="Calibri"><span leaf="">2.29</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¡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=""><span textstyle="" style="font-weight: bold;">髿°åºï¼</span>æ¹åéæ±æºçï¼æè¾æ¹å±±æºèçä½å¯æ¥¼ççéï¼æ°æ¿é¨æ§åè³</span></font><font face="Calibri"><span leaf="">300</span></font><font face="å®ä½"><span leaf="">ä¸ï¼åä»·</span></font><font face="Calibri"><span leaf="">2.39</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¡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=""><span textstyle="" style="font-weight: bold;">æ°ç«</span></span></font><font face="Calibri"><span leaf=""><span textstyle="" style="font-weight: bold;">/</span></span></font><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">ç¶æµ·ï¼</span>ä»·æ ¼æ´¼å°ï¼åä»·</span></font><font face="Calibri"><span leaf="">1.23</span></font><font face="å®ä½"><span leaf="">ä¸</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¡ï¼ï¼æ¿æ¥åé客群ï¼ä½è¥ä¸ãé¿ä¸°çè¿éæ¿ååºåé£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><font face="å®ä½"><span leaf="" style="font-family: å®ä½;font-size: 10.5pt;"><span textstyle="" style="font-size: 24px;color: #7c8b09;font-weight: bold;text-decoration: underline;">å ãä»·æ ¼èµ°å¿ï¼ç»ææ§æ¶¨è·ä¸»å¯¼</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=""><span textstyle="" style="font-weight: bold;">æ°æ¿ååï¼</span>æ¿å¡åºã滨æ¹é«ç«¯é¡¹ç®éå¿ä¸æ¶¨ï¼æ¿å¡ä¸æ¬¡æ°ç涨</span></font><font face="Calibri"><span leaf="">5%</span></font><font face="å®ä½"><span leaf="">ï¼ï¼å¤å´æ¿å以价æ¢éã</span></font><font face="Calibri"><span leaf="">5</span></font><font face="å®ä½"><span leaf="">ææ´ä½åä»·ç¯æ¯è·</span></font><font face="Calibri"><span leaf="">1.47%</span></font><font face="å®ä½"><span leaf="">ï¼ä½å æ²³ãç»å¼ççç¹åºåä»·æ ¼ä¼ç¨³ã</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;">äºææ¿æ¿åï¼</span>å价忝ä¸è·</span></font><font face="Calibri"><span leaf="">8.2%</span></font><font face="å®ä½"><span leaf="">ï¼å¦åºæ¿æè·æ§è¾å¼ºï¼éå¦åºæ¿æ®é让å©</span></font><font face="Calibri"><span leaf="">8%-10%</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><font face="å®ä½"><span leaf="" style="font-family: å®ä½;font-size: 10.5pt;"><span textstyle="" style="font-size: 24px;color: #7c8b09;font-weight: bold;text-decoration: underline;">ä¸ãç«äºæ ¼å±ï¼å½å¤®ä¼ä¸æ¬åæ¿ä¼ä¸»å¯¼</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=""><span textstyle="" style="font-weight: bold;">æ¿ä¼æåï¼</span>åè¥å建ï¼</span></font><font face="Calibri"><span leaf="">32.4</span></font><font face="å®ä½"><span leaf="">亿ï¼ãå®å¾½ç½®å°ï¼</span></font><font face="Calibri"><span leaf="">23.8</span></font><font face="å®ä½"><span leaf="">亿ï¼ã馿³°éå¢ï¼</span></font><font face="Calibri"><span leaf="">18.2</span></font><font face="å®ä½"><span leaf="">亿ï¼å æ®å ¨å£å¾éé¢åä¸ï¼å¸åºä»½é¢å头é¨éä¸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=""><span textstyle="" style="font-weight: bold;">项ç®è¡¨ç°ï¼</span>é«ç«¯çé¢è·ï¼é«æ§ä»·æ¯é¡¹ç®éè¿é«å¾æ¿çå¿«éå»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><font face="å®ä½"><span leaf="" style="font-family: å®ä½;font-size: 10.5pt;"><span textstyle="" style="font-size: 24px;color: #7c8b09;font-weight: bold;text-decoration: underline;">å «ãä¸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><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-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;">åå¯ç ç©¶é¢ï¼</span>å¸åºå ¨é¢å¤èéæ¿çæç»ååï¼çæâ以价æ¢éâ仿¯ä¸»æµã</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;">å èçï¼</span>åè¥å ä½åºå被åä¸ºå ¨å½</span></font><font face="Calibri"><span leaf="">8</span></font><font face="å®ä½"><span leaf="">大âçå å稳åå¸âï¼ä½éè¦ææ»¨æ¹ãè¿éåºåé£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=""><span textstyle="" style="font-weight: bold;">è´å£³ç ç©¶é¢ï¼</span>æ¿ççªå£ææ¯åéâæ¡æ¼âæ¶æºï¼å»ºè®®å ³æ³¨æ¥å®äºææ¿æºï¼å¹³åæäº¤å¨æ</span></font><font face="Calibri"><span leaf="">239</span></font><font face="å®ä½"><span leaf="">天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><font face="å®ä½"><span leaf="" style="font-family: å®ä½;font-size: 10.5pt;"><span textstyle="" style="font-size: 24px;color: #7c8b09;font-weight: bold;text-decoration: underline;">ä¹ã客æ·çç¹ä¸éæ±</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=""><span textstyle="" style="font-weight: bold;">åé群ä½ï¼</span>äºææ¿ä»·ä¸è¡ä½é¦ä»ååä»åï¼æ»ä»·</span></font><font face="Calibri"><span leaf="">100-150</span></font><font face="å®ä½"><span leaf="">䏿¿æºä¾ééé ï¼éæ±å æ¯</span></font><font face="Calibri"><span leaf="">39.2%</span></font><font face="å®ä½"><span leaf="">ï¼å®é ä¾åºä¸è¶³ï¼ã</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;">æ¹å群ä½ï¼</span>æ ¸å¿åºä¼è´¨é¡¹ç®ç¨ç¼ºï¼å¦å æ²³æ·æ²³æ¿åï¼ï¼å¯¹å¾æ¿çãç²¾è£ æ åè¦æ±æåï¼é¨å客æ·è½¬åäºææ¬¡æ°æ¿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><font face="å®ä½"><span leaf="" style="font-family: å®ä½;font-size: 10.5pt;"><span textstyle="" style="font-size: 24px;color: #7c8b09;font-weight: bold;text-decoration: underline;">åãé£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><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-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©æç¤º</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="">滨æ¹ãè¿éæ¿ååºåé«åï¼ä»·æ ¼ä¸è¡ååæç»ï¼</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="">æ°ä¼æ¿å°ææ¿ä½è¿·ï¼åå°è´¢æ¿æ¿åæå½±åä¸é¿æä¾åºã</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.çç¥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><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-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;">æ¿ä¼ï¼</span>èç¦æ ¸å¿åºé«æ¹äº§åï¼å©ç¨å®¹ç§¯çæ°è§æå徿¿çï¼è§é¿è¿éåè´¨åç«äºã</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;">è´æ¿è ï¼</span>åéæ©æºäºæâæ¡æ¼âï¼ç¶æµ·ãæ°ç«å°é次æ°çï¼ï¼æ¹åå ³æ³¨æ¿å¡ä¸ã髿°åºç¨ç¼ºçã</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: 24px;color: #7c8b09;font-weight: bold;text-decoration: underline;">åä¸ãæªæ¥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><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-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;">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;">ä¸åå¹´ï¼ï¼</span>æ¿ç宽æ¾å»¶ç»ï¼å¸åºæ¢è·ä¼ç¨³ï¼æ 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