<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¸ãæ´ä½å¸åºè¡¨ç°ï¼çåºä¼ç¨³ï¼æ¿çæåºéæ¥éæ¾</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´å¼å¹´çå°æ¥¼å¸åç°</span></font><font face="Calibri"><span leaf="">"</span></font><font face="å®ä½"><span leaf="">é稳价å</span></font><font face="Calibri"><span leaf="">"</span></font><font face="å®ä½"><span leaf="">æå¿ã</span></font><font face="Calibri"><span leaf="">1-5</span></font><font face="å®ä½"><span leaf="">æååä½å® 累计æ交é¢ç§¯</span></font><font face="Calibri"><span leaf="">148</span></font><font face="å®ä½"><span leaf="">ä¸ã¡ï¼åæ¯å¾®é</span></font><font face="Calibri"><span leaf="">3.5%</span></font><font face="å®ä½"><span leaf="">ï¼ä½è¾</span></font><font face="Calibri"><span leaf="">2024</span></font><font face="å®ä½"><span leaf="">å¹´åå£åº¦ç¯æ¯å¢é¿</span></font><font face="Calibri"><span leaf="">18.6%</span></font><font face="å®ä½"><span leaf="">ãæ交åä»·</span></font><font face="Calibri"><span leaf="">12,380</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¡ï¼åæ¯ä¸æ¶¨</span></font><font face="Calibri"><span leaf="">1.2%</span></font><font face="å®ä½"><span leaf="">ï¼ç»æè¿ç»</span></font><font face="Calibri"><span leaf="">11</span></font><font face="å®ä½"><span leaf="">个æçä»·æ ¼ä¸è¡å¨æãå¸åºååæ¾èï¼æ ¸å¿åºæ¹å项ç®å»åå éï¼å¦è±å±±åºè§æµ·è·¯æ¿ååçæåå»å</span></font><font face="Calibri"><span leaf="">40</span></font><font face="å®ä½"><span leaf="">å¥ï¼ï¼è¿éåé项ç®ä¾èµæ¸ éä¿éãæ¥èåæ¿çç»åæ³åºæ¿ä¸ï¼</span></font><font face="Calibri"><span leaf="">3-5</span></font><font face="å®ä½"><span leaf="">ææ交ééæéå¢ï¼</span></font><font face="Calibri"><span leaf="">5</span></font><font face="å®ä½"><span leaf="">æåææ交ç¯æ¯å¢å¹ è¾¾</span></font><font face="Calibri"><span leaf="">15.3%</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;">äºãæ¿çä¸çç¹äºä»¶ï¼ç²¾åæ½çæ¿æ´»å¤å 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;">1.æ¿ç主线ï¼</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;">éæ±ç«¯æ¯æï¼</span>延ç»å·®å¼åä¿¡è´·æ¿çï¼é¦å¥æ¿è´·å©çéè³</span></font><font face="Calibri"><span leaf="">3.85%</span></font><font face="å®ä½"><span leaf="">ï¼</span></font><font face="Calibri"><span leaf="">LPR-50BP</span></font><font face="å®ä½"><span leaf="">ï¼ï¼é«åè´¨ä½å® ãå¤å女家åºè´·æ¬¾é¢åº¦æé«ä¸æµ®</span></font><font face="Calibri"><span leaf="">30%</span></font><font face="å®ä½"><span leaf="">ï¼</span></font><font face="Calibri"><span leaf="">6000</span></font><font face="å®ä½"><span leaf="">ä¸å è´æ¿å¸è¦çé¦æ¬¡ç½®ä¸ã人æå®å± ï¼å士补贴</span></font><font face="Calibri"><span leaf="">20</span></font><font face="å®ä½"><span leaf="">ä¸</span></font><font face="Calibri"><span leaf="">/</span></font><font face="å®ä½"><span leaf="">人ï¼ã以æ§æ¢æ°ä¸ç±»ç¾¤ä½ã</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: normal;">ä¾ç»ç«¯æ¹é©ï¼</span></span></font><font face="Calibri"><span leaf="">3</span></font><font face="å®ä½"><span leaf="">æåå¸ãçå°å¸é«åè´¨ä½å® 建设æå¼ãï¼å¼ºå¶è¦æ±æ°å»ºé¡¹ç®é 置绿è²å»ºçï¼äºæ级以ä¸ï¼ãæºæ §å®¶å± ç³»ç»ï¼</span></font><font face="Calibri"><span leaf="">15</span></font><font face="å®ä½"><span leaf="">个è¯ç¹é¡¹ç®äº«å容积çå¥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=""><span textstyle="" style="font-weight: bold;">2.æ å¿æ§äºä»¶ï¼</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="">3</span></font><font face="å®ä½"><span leaf="">æ</span></font><font face="Calibri"><span leaf="">"</span></font><font face="å®ä½"><span leaf="">港åæ¥æ</span></font><font face="Calibri"><span leaf="">"</span></font><font face="å®ä½"><span leaf="">æ¿äº¤ä¼ä¿ææ交</span></font><font face="Calibri"><span leaf="">1,200</span></font><font face="å®ä½"><span leaf="">å¥ï¼ç¹ä»·æ¿æ大ææ£è¾¾å¤æ¡ä»·</span></font><font face="Calibri"><span leaf="">88</span></font><font face="å®ä½"><span leaf="">æï¼</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="">4</span></font><font face="å®ä½"><span leaf="">æçå°é¦å</span></font><font face="Calibri"><span leaf="">"</span></font><font face="å®ä½"><span leaf="">å½ä¼æ¶å¨æ§æ¿</span></font><font face="Calibri"><span leaf="">"</span></font><font face="å®ä½"><span leaf="">è½å°ï¼èç½åº</span></font><font face="Calibri"><span leaf="">30</span></font><font face="å®ä½"><span leaf="">å¥èæ§æ¿æºç½®æ¢æ°æ¿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="Calibri"><span leaf="">5</span></font><font face="å®ä½"><span leaf="">æä¸ååå¦äº§ä¸ååºé å¥ä½å® å¯å¨ï¼å®å解å³é«ç«¯äººæä½æ¿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: 24px;color: #7c8b09;font-weight: bold;text-decoration: underline;">ä¸ãåæå¸åºï¼éåè´¨åï¼</span></span></font><font face="Calibri"><span leaf="">TOD</span></font><font face="å®ä½"><span leaf="">模å¼æç ´å±å ³é®</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=""><span textstyle="" style="font-weight: bold;">1-5</span></span></font><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">æå ¨å¸ç»è¥æ§ç¨å°æ交建é¢åæ¯ç¼©å</span></span></font><font face="Calibri"><span leaf=""><span textstyle="" style="font-weight: bold;">22.3%</span></span></font><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">ï¼ä½åºç°ç»ææ§è½¬åï¼</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;">åºåå·çååï¼</span>èç½åºå¹¸ç¦æ°åå°å溢价ç</span></font><font face="Calibri"><span leaf="">8.2%</span></font><font face="å®ä½"><span leaf="">ï¼æ¥¼é¢ä»·</span></font><font face="Calibri"><span leaf="">6,850</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¡ï¼ï¼åè¿ä¸¤å¹´æ°é«ï¼çå¹³åº</span></font><font face="Calibri"><span leaf="">3</span></font><font face="å®ä½"><span leaf="">å®ä½å® ç¨å°å æ 人æ¥ä»·æµæã</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;">å¼å模å¼åæ°ï¼</span>å¼ååºå «è§æ¹¾é¦æ¨</span></font><font face="Calibri"><span leaf="">"</span></font><font face="å®ä½"><span leaf="">产ä¸</span></font><font face="Calibri"><span leaf="">+</span></font><font face="å®ä½"><span leaf="">ä½å® </span></font><font face="Calibri"><span leaf="">"</span></font><font face="å®ä½"><span leaf="">æç»åºè®©ï¼è¦æ±ç«å¾ä¼ä¸é 建人æå ¬å¯ï¼è½¨é交é</span></font><font face="Calibri"><span leaf="">1</span></font><font face="å®ä½"><span leaf="">å·çº¿æ²¿çº¿</span></font><font face="Calibri"><span leaf="">4</span></font><font face="å®ä½"><span leaf="">å®</span></font><font face="Calibri"><span leaf="">TOD</span></font><font face="å®ä½"><span leaf="">å°åç±çå°è½¨äº¤éå¢åºä»·è·åï¼è§ååä½ç»¼åä½ã</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°è´¢æ¿è½¬åï¼</span>ä¸é¡¹åºæ¯æçåå°æ¶å¨è§æ¨¡å å ¨å¹´è®¡å</span></font><font face="Calibri"><span leaf="">41%</span></font><font face="å®ä½"><span leaf="">ï¼éç¹æåçå¹³æ»¨æµ·åº·å »ãç¦å±±å¤¹æ²³æ°åçæ½åæ¿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;">åã客æ·ç»åï¼æ¹åéæ±å´èµ·ï¼é£é©æè¯å¼ºå</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¡ç¹å¾ï¼</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´é¾ç»æï¼</span></span></font><font face="Calibri"><span leaf="">35-45</span></font><font face="å®ä½"><span leaf="">å²æ¹å客群å æ¯åè³</span></font><font face="Calibri"><span leaf="">38%</span></font><font face="å®ä½"><span leaf="">ï¼</span></font><font face="Calibri"><span leaf="">2024</span></font><font face="å®ä½"><span leaf="">年为</span></font><font face="Calibri"><span leaf="">32%</span></font><font face="å®ä½"><span leaf="">ï¼ï¼å¹³åè´æ¿é¢ç®æåè³</span></font><font face="Calibri"><span leaf="">150</span></font><font face="å®ä½"><span leaf="">ä¸å 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=""><span textstyle="" style="font-weight: bold;">èä¸åå¸ï¼</span>å¶é ä¸ææ¯å·¥äººï¼å¼ååºï¼ãä½å¶å 人åï¼è±å±±åºï¼ä¸ºä¸¤å¤§ä¸»åï¼åå«å æ¯</span></font><font face="Calibri"><span leaf="">31%</span></font><font face="å®ä½"><span leaf="">ã</span></font><font face="Calibri"><span leaf="">28%</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.è¡ä¸ºå好ï¼</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;">å³çé»è¾ï¼</span>ç°æ¿</span></font><font face="Calibri"><span leaf="">/</span></font><font face="å®ä½"><span leaf="">åç°æ¿éæ©çé«è¾¾</span></font><font face="Calibri"><span leaf="">74%</span></font><font face="å®ä½"><span leaf="">ï¼è¾ææ¿é¡¹ç®å®¢æ·è½¬åçé«</span></font><font face="Calibri"><span leaf="">2.3</span></font><font face="å®ä½"><span leaf="">åï¼</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;">ææè¦ç´ ï¼</span>é¤ä»·æ ¼å¤ï¼ç©ä¸å£ç¢ï¼ç¢§æ¡åæå¡ãä¸ç§ç©ä¸é¡¹ç®æº¢ä»·</span></font><font face="Calibri"><span leaf="">12%</span></font><font face="å®ä½"><span leaf="">ï¼ã交ä»ä¿éï¼ç¬¬ä¸æ¹èµéç管è¦æ±åå ¥</span></font><font face="Calibri"><span leaf="">65%</span></font><font face="å®ä½"><span leaf="">ååï¼ææ ¸å¿å ³æ³¨ç¹ï¼</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;">ä¿¡æ¯æ¸ éï¼</span>æé³æ¬å°æ¿äº§å主带çéåæ¯å¢é¿</span></font><font face="Calibri"><span leaf="">140%</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="">å®æ¯çæ¿æ¸éçè¾¾</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><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¯ï¼æ ¸å¿åºé¢æ¶¨ï¼è¿é以价æ¢é</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;">èç½åºï¼æ交éå æ¯</span></span></font><font face="Calibri"><span leaf=""><span textstyle="" style="font-weight: bold;">28%</span></span></font><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">ï¼ï¼</span>幸ç¦æ°åæ¿åä¾æä¸ç²å»é¢ãéç¹å¦æ ¡è§åï¼åä»·</span></font><font face="Calibri"><span leaf="">13,500</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¡é¢è·å ¨å¸ï¼</span></font><font face="Calibri"><span leaf="">140</span></font><font face="å®ä½"><span leaf="">ã¡ä»¥ä¸å¤§æ·åå»åå¨æä» </span></font><font face="Calibri"><span leaf="">6</span></font><font face="å®ä½"><span leaf="">个æã</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±±åºï¼å æ¯</span></span></font><font face="Calibri"><span leaf=""><span textstyle="" style="font-weight: bold;">22%</span></span></font><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">ï¼ï¼</span>è§æµ·è·¯é«ç«¯é¡¹ç®åä»·çªç ´</span></font><font face="Calibri"><span leaf="">2</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¡ï¼å®¢æ·å¤ä¸ºé«æ ¡æå¸ãç§ç æºæ人åï¼å ¨æ¬¾è´æ¿æ¯ä¾è¾¾</span></font><font face="Calibri"><span leaf="">35%</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;">å¼ååºï¼å æ¯</span></span></font><font face="Calibri"><span leaf=""><span textstyle="" style="font-weight: bold;">25%</span></span></font><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">ï¼ï¼</span>å «è§æ¹¾èªè´¸åºå¸¦å¨äº§ä¸äººå£å¯¼å ¥ï¼</span></font><font face="Calibri"><span leaf="">90-110</span></font><font face="å®ä½"><span leaf="">ã¡å°ä¸æ¿æ交å æ¯</span></font><font face="Calibri"><span leaf="">62%</span></font><font face="å®ä½"><span leaf="">ï¼æèµå®¢ç¾¤æ¶ç¼©è³</span></font><font face="Calibri"><span leaf="">15%</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;">ç¦å±±</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;">çå¹³åºï¼å计å æ¯</span></span></font><font face="Calibri"><span leaf=""><span textstyle="" style="font-weight: bold;">18%</span></span></font><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">ï¼ï¼</span>以价æ¢éç¹å¾ææ¾ï¼ç平滨海æ¿åæ¨åº</span></font><font face="Calibri"><span leaf="">"7</span></font><font face="å®ä½"><span leaf="">å头</span></font><font face="Calibri"><span leaf="">"</span></font><font face="å®ä½"><span leaf="">ç¹ä»·æ¿ï¼è¾å³°å¼åè½</span></font><font face="Calibri"><span leaf="">30%</span></font><font face="å®ä½"><span leaf="">ï¼ï¼ä½åºåå»åå¨æä»è¾¾</span></font><font face="Calibri"><span leaf="">22</span></font><font face="å®ä½"><span leaf="">个æã</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¿åä»·å¼éä¼°ä¿¡å·ï¼</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>èç½åºæµ·æ¸¯è·¯åååå¸æ´æ°éæ¾</span></font><font face="Calibri"><span leaf="">12</span></font><font face="å®ä½"><span leaf="">å®å°åï¼é¢è®¡å¸¦å¨åä¸ä»·å¼æåï¼</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>å¼ååºä¸è¬è±åºèå¨åå±ç</span></font><font face="Calibri"><span leaf="">"</span></font><font face="å®ä½"><span leaf="">空港æ°å</span></font><font face="Calibri"><span leaf="">"</span></font><font face="å®ä½"><span leaf="">è§åï¼å¬ç临空ç»æµåºä½å® 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><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§ååå 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°æ¿å¸åºåç°</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;">两头çãä¸é´å·</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;">ï¼</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;">é«ç«¯äº§åï¼</span>è±å±±åºéå°</span></font><font face="å®ä½"><span leaf="">·峯èç项ç®åä»·</span></font><font face="Calibri"><span leaf="">16,500</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¡ï¼è¾</span></font><font face="Calibri"><span leaf="">2024</span></font><font face="å®ä½"><span leaf="">å¹´ä¸æ¶¨</span></font><font face="Calibri"><span leaf="">2.1%</span></font><font face="å®ä½"><span leaf="">ï¼å ç°æ¿éå®å»åçè¾¾</span></font><font face="Calibri"><span leaf="">85%</span></font><font face="å®ä½"><span leaf="">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=""><span textstyle="" style="font-weight: bold;">åæ§äº§åï¼</span>å¼ååºæå马å°è´æåä»·</span></font><font face="Calibri"><span leaf="">10,200</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¡æå¹³ï¼ä½éè¿é车ä½ãç©ä¸è´¹å®ç°åç¸éä»·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=""><span textstyle="" style="font-weight: bold;">äºææ¿ä»·ï¼</span>å¦åºæ¿åæºï¼å山路å°å¦å¨è¾¹æ¶¨</span></font><font face="Calibri"><span leaf="">5%</span></font><font face="å®ä½"><span leaf="">ï¼ï¼éå¦åºèç ´å°è·å¹ è¾¾</span></font><font face="Calibri"><span leaf="">15%</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±ï¼æ¬åä¼ä¸éå¿çªå´</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=""><span textstyle="" style="font-weight: bold;">TOP10</span></span></font><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">æ¿ä¼å¸åºä»½é¢</span></span></font><font face="Calibri"><span leaf=""><span textstyle="" style="font-weight: bold;">58%</span></span></font><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">ï¼ä½æ ¼å±çåï¼</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="">å ¨å½æ§æ¿ä¼ï¼ä¸ç§ãé¾æ¹ï¼èç¦é«ç«¯æ¹åï¼é¾æ¹å¤©ééè¿</span></font><font face="Calibri"><span leaf="">"</span></font><font face="å®ä½"><span leaf="">æ温æ湿ç§æç³»ç»</span></font><font face="Calibri"><span leaf="">"</span></font><font face="å®ä½"><span leaf="">å®ç°æº¢ä»·ç</span></font><font face="Calibri"><span leaf="">18%</span></font><font face="å®ä½"><span leaf="">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¬åå½ä¼çå°å»ºæååæ§æ¹é¡¹ç®ï¼å¦èç½åºæ·æè¡çåºï¼å¸å çåè³</span></font><font face="Calibri"><span leaf="">15%</span></font><font face="å®ä½"><span leaf="">ï¼ç°æ¿éå®çç¥éä½å®¢æ·ææ§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="">ä¸å°æ¿ä¼èåå¼åè¶å¿æ¾ç°ï¼ç¢§æ¡å</span></font><font face="Calibri"><span leaf="">+</span></font><font face="å®ä½"><span leaf="">æ¬å°ä¼ä¸åä½å¼åçå¹³åº·å »é¡¹ç®ï¼éä½èµéååã</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 «ã客æ·çç¹ä¸éæ±æ¼è¿</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¿çç¹ï¼</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;">ææ¿çå°¾ç¦èï¼</span></span></font><font face="Calibri"><span leaf="">62%</span></font><font face="å®ä½"><span leaf="">è´æ¿è è¦æ±å¼ååæä¾å®å·¥ä¿é©æé¶è¡èµéç管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=""><span textstyle="" style="font-weight: bold;">é å¥è½å°æ»åï¼</span>è¿é项ç®å¦æ ¡ãåä¸å»ºè®¾å»¶æå¼å</span></font><font face="Calibri"><span leaf="">30%</span></font><font face="å®ä½"><span leaf="">客æ·ç»´æã</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.éæ±å级æ¹åï¼</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;">绿è²å¥åº·ï¼</span>è¶ ä½è½è建çï¼å¦è¢«å¨å¼é¨çªï¼æç´¢éå¢</span></font><font face="Calibri"><span leaf="">90%</span></font><font face="å®ä½"><span leaf="">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=""><span textstyle="" style="font-weight: bold;">社群è¿è¥ï¼</span>å¼ååºæ项ç®éè¿ä¸ä¸»è¯»ä¹¦ä¼ã亲åååºæ´»å¨ï¼è带æ°æ交å æ¯è¾¾</span></font><font face="Calibri"><span leaf="">40%</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;">ä¹ãé£é©é¢è¦ä¸åºå¯¹å»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.æ½å¨é£é©ï¼</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;">å±é¨ä¾åºè¿å©ï¼</span>çå¹³åºåºåå»åå¨æè¶ </span></font><font face="Calibri"><span leaf="">20</span></font><font face="å®ä½"><span leaf="">个æï¼é¨å项ç®é¢ä¸´èµéé¾ååï¼</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;">åä¸å°äº§æ¿åï¼</span>ä¼ ç»åå空置çæåè³</span></font><font face="Calibri"><span leaf="">28%</span></font><font face="å®ä½"><span leaf="">ï¼ç¤¾åºåä¸ä½éè¿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=""><span textstyle="" style="font-weight: bold;">2.ç ´å±è·¯å¾ï¼</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>æ¿åºçµå¤´ç»å»º</span></font><font face="Calibri"><span leaf="">"</span></font><font face="å®ä½"><span leaf="">æ¿ä¼çº¾å°å¹³å°</span></font><font face="Calibri"><span leaf="">"</span></font><font face="å®ä½"><span leaf="">ï¼å¯¹éåºé¡¹ç®å®è¡åå°æ¬¾å»¶æ缴纳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=""><span textstyle="" style="font-weight: bold;">ä¸é¿æï¼</span>æ¨è¡</span></font><font face="Calibri"><span leaf="">"</span></font><font face="å®ä½"><span leaf="">产ä¸</span></font><font face="Calibri"><span leaf="">+</span></font><font face="å®ä½"><span leaf="">ä½å® </span></font><font face="Calibri"><span leaf="">"</span></font><font face="å®ä½"><span leaf="">æç»å¼åï¼å «è§æ¹¾æ¨¡å¼å¤å¶å°ç©ºæ¸¯æ°åãæµ·æ´ç§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-size: 24px;color: #7c8b09;font-weight: bold;text-decoration: underline;">åãæªæ¥å±æï¼æ¿ç红å©ä¸ç»æå级并è¡</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=""><span textstyle="" style="font-weight: bold;">1.2025</span></span></font><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">å¹´ä¸åå¹´é¢æµï¼</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;">éä»·èµ°å¿ï¼</span>å¨é«åè´¨ä½å® è¯ç¹ï¼ä¸å£åº¦å ¥å¸ï¼å¸¦å¨ä¸ï¼åä»·ææç»ææ§ä¸æ¶¨</span></font><font face="Calibri"><span leaf="">3%-5%</span></font><font face="å®ä½"><span leaf="">ï¼æ交éåæ¯å¢å¹ 约</span></font><font face="Calibri"><span leaf="">10%</span></font><font face="å®ä½"><span leaf="">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=""><span textstyle="" style="font-weight: bold;">æ¿çå ç ï¼</span>é¢è®¡æ¾å®½äºå¥æ¿è®¤å®æ åï¼</span></font><font face="Calibri"><span leaf="">"</span></font><font face="å®ä½"><span leaf="">认æ¿ä¸è®¤è´·</span></font><font face="Calibri"><span leaf="">"</span></font><font face="å®ä½"><span leaf="">ï¼ãå¢å è´æ¿å¸åæ¾é¢åº¦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.ä¸é¿æè¶å¿ï¼</span></span></font><font face="Calibri"><span leaf=""><span textstyle="" style="font-weight: bold;">2026-2030</span></span></font><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">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=""><span textstyle="" style="font-weight: bold;">åå¸æ´æ°ä¸»çº¿ï¼</span>èç½åº</span></font><font face="Calibri"><span leaf="">12</span></font><font face="å®ä½"><span leaf="">个æ§æ¹é¡¹ç®éæ¾åä¸æ¹ä¾åºï¼å®¹ç§¯çä¸è°è³</span></font><font face="Calibri"><span leaf="">2.5</span></font><font face="å®ä½"><span leaf="">以ä¸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=""><span textstyle="" style="font-weight: bold;">产åé©å½ï¼</span></span></font><font face="Calibri"><span leaf="">2027</span></font><font face="å®ä½"><span leaf="">å¹´èµ·æ°å»ºä½å® å ¨é¢æ§è¡è¶ ä½è½èæ åï¼ç»¿è²å»ºçå æ¯çªç ´</span></font><font face="Calibri"><span leaf="">50%</span></font><font face="å®ä½"><span leaf="">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=""><span textstyle="" style="font-weight: bold;">æ ¼å±éå¡ï¼</span>å¼ååº</span></font><font face="Calibri"><span leaf="">-</span></font><font face="å®ä½"><span leaf="">è¬è±åºä¸ä½ååå±ï¼ä¸´ç©ºç»æµåºå½¢ææ°å¢é¿æã</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="">ï¼æ¬æ¥åæ°æ®åæ¥èªå ¬å¼ç»è®¡åè¡ä¸è°ç ï¼åæç»è®ºä» ä¾åèï¼</span></font></span></p><section style="margin-top: 16px;"><span style="font-family: å®ä½;font-size: 10.5pt;"><span style="font-family: å®ä½;"></span></span></section><section style="margin-top: 16px;"><span style="font-family: å®ä½;font-size: 10.5pt;"><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><section style="text-align: center;margin-top: 16px;margin-bottom: 0px;"><span style="background-color: rgb(255, 255, 255);color: rgb(127, 127, 127);font-family: PingFangTC-Light;font-size: 12px;letter-spacing: 0.544px;caret-color: red;"><span leaf="">*</span></span><span style="background-color: rgb(255, 255, 255);font-family: å®ä½;font-size: 14px;letter-spacing: 0.476px;"></span></section><section data-role="outer" label="Powered by 135editor.com" style="-webkit-tap-highlight-color: transparent;margin-bottom: 0px;outline: 0px;font-family: "PingFang SC", system-ui, -apple-system, BlinkMacSystemFont, "Helvetica Neue", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;background-color: rgb(255, 255, 255);"><section data-role="outer" label="Powered by 135editor.com" style="-webkit-tap-highlight-color: transparent;outline: 0px;"><section data-role="paragraph" style="-webkit-tap-highlight-color: transparent;outline: 0px;color: rgb(34, 34, 34);font-family: -apple-system, BlinkMacSystemFont, "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;"><section data-role="outer" label="Powered by 135editor.com" style="-webkit-tap-highlight-color: transparent;outline: 0px;"><section data-role="paragraph" style="-webkit-tap-highlight-color: transparent;outline: 0px;"><section style="-webkit-tap-highlight-color: transparent;margin-right: 8px;margin-left: 8px;outline: 0px;letter-spacing: 0.544px;min-height: 1em;text-align: center;font-family: -apple-system-font, BlinkMacSystemFont, "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;"><p style="-webkit-tap-highlight-color: transparent;margin: 16px 8px 0px;outline: 0px;min-height: 1em;color: rgb(0, 0, 0);font-size: 14px;line-height: 1.75em;"><span style="-webkit-tap-highlight-color: transparent;outline: 0px;color: rgb(127, 127, 127);font-size: 12px;letter-spacing: 0.544px;font-family: PingFangTC-Light;"><span leaf="">å å ¥æ们ä¸èµ·å¦ä¹ </span></span></p><p style="-webkit-tap-highlight-color: transparent;margin: 16px 8px 0px;outline: 0px;line-height: 1.75em;"><span style="font-size: 14px;-webkit-tap-highlight-color: transparent;outline: 0px;caret-color: red;font-family: PingFangTC-Light;color: rgb(127, 127, 127);letter-spacing: 0.544px;text-decoration: none solid rgb(127, 127, 127);"><span leaf="">Join our study group</span></span></p></section></section></section></section></section></section><section style="text-align: center;margin-bottom: 0px;margin-top: 16px;" nodeleaf=""><img class="rich_pages wxw-img js_insertlocalimg" data-imgfileid="100036047" data-ratio="0.4595300261096606" data-s="300,640" data-src="https://mmbiz.qpic.cn/sz_mmbiz_png/VXjHib6YROwlXfAQF3A26suo6p9w00eMZoyV7m9VamRjB8Rn2faCKibWCNNaATXll7jepE6jOCfgicm6dsIZH13Zg/640?wx_fmt=png&from=appmsg" data-type="png" data-w="383"></section><section style="text-align: center;margin-bottom: 0px;margin-top: 16px;"><span style="font-size: 12px;"><span leaf=""> DeepSeek 深度èåå°äº§å®æ课</span></span></section><section style="text-align: center;margin-bottom: 0px;margin-top: 16px;"><span style="font-size: 17px;letter-spacing: 0.034em;"><span leaf=""> </span></span><span leaf=""> <img class="rich_pages wxw-img" data-imgfileid="100036054" data-ratio="0.9777777777777777" data-s="300,640" data-src="https://mmbiz.qpic.cn/sz_mmbiz_png/VXjHib6YROwlXfAQF3A26suo6p9w00eMZA6slk3reAoDIyH2bXdmuAQicGJGalicdZIUSDHib8E95LVrZXCic3z5DZA/640?wx_fmt=png&from=appmsg" data-type="png" data-w="135" style="text-align: center;font-size: 17px;letter-spacing: 0.034em;"> </span></section><section style="text-align: center;margin-bottom: 0px;margin-top: 16px;"><span style="letter-spacing: 0.578px;font-size: 12px;"><span leaf="">DeepSeek 深度èåå ¬å¡åå®æ课</span></span></section><section style="text-align: center;margin-bottom: 0px;margin-top: 16px;" nodeleaf=""><img class="rich_pages wxw-img" data-imgfileid="100036055" data-ratio="0.9849624060150376" data-s="300,640" data-src="https://mmbiz.qpic.cn/sz_mmbiz_png/VXjHib6YROwlXfAQF3A26suo6p9w00eMZgJckNT1BQkkhCEibc2ic9hp4LUfwAshhwWEUmkgRFEYxPDyzVBCYDkGw/640?wx_fmt=png&from=appmsg" data-type="png" data-w="133" style="text-align: center;font-size: 17px;letter-spacing: 0.034em;"></section><section style="margin-bottom: 0px;margin-top: 16px;" nodeleaf=""><img data-src="https://mmbiz.qpic.cn/sz_mmbiz_jpg/VXjHib6YROwlXfAQF3A26suo6p9w00eMZiaqkp43RyDGDbI8AlaicupWn33G6adtQibTgrOxS4vbrDzLBEOZ1L8ulg/640?wx_fmt=jpeg&from=appmsg" class="rich_pages wxw-img" data-ratio="0.43431221020092736" data-s="300,640" data-type="jpeg" data-w="647" style="letter-spacing: 0.578px;text-align: center;width: 578px;height: 251px;" data-imgfileid="100036069" /></section><section style="margin-bottom: 24px;margin-top: 16px;"><section style="display: none;margin-bottom: 16px;margin-top: 16px;"><span leaf=""><br /></span></section></section><p style="display: none;"><mp-style-type data-value="3"></mp-style-type></p>