<p style="mso-list:l0 level1 lfo1;" data-pm-slice="0 0 []"><span><span><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¸</span></span></span></span><span><span><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;">ã</span></span></span></span><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;">æ´ä½å¸åºè¡¨ç°</span></span></font></span><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></p><p><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><font face="Calibri"><span leaf="">2025</span></font><font face="å®ä½"><span leaf="">å¹´</span></font><font face="Calibri"><span leaf="">1-5</span></font><font face="å®ä½"><span leaf="">æï¼æ´é³æ¿å°äº§å¸åºåç°â稳ä¸æåâæå¿ï¼ä¾éç»æä¼åï¼ä½åºåååææ¾ãæ´ä½æ交éåæ¯å°å¹ å¢é¿ï¼ååä½å® éå®é¢ç§¯çº¦</span></font><font face="Calibri"><span leaf="">8.5</span></font><font face="å®ä½"><span leaf="">ä¸ã¡ï¼æ交å价稳å®å¨</span></font><font face="Calibri"><span leaf="">7800-8500</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¡åºé´ï¼è¾</span></font><font face="Calibri"><span leaf="">2024</span></font><font face="å®ä½"><span leaf="">å¹´åæå¾®å</span></font><font face="Calibri"><span leaf="">3%-5%</span></font><font face="å®ä½"><span leaf="">ãè¿å¾çäºæ¿çæ¾ç»åå¸åºéæ±éæ¾ï¼å¦ä¸å£åº¦åæ¥èåæå½±åçææ¾ç¼ï¼ä½äºå£åº¦å éåæï¼</span></font><font face="Calibri"><span leaf="">4-5</span></font><font face="å®ä½"><span leaf="">æåææ交éç¯æ¯å¢é¿</span></font><font face="Calibri"><span leaf="">10%-15%</span></font><font face="å®ä½"><span leaf="">ãå¸åºä»¥æ¹ååéæ±ä¸ºä¸»å¯¼ï¼æ°å»ºä½å® å æ¯</span></font><font face="Calibri"><span leaf="">60%</span></font><font face="å®ä½"><span leaf="">以ä¸ï¼äºææ¿äº¤ææ´»è·ä½å¢éæ¾ç¼ãæ¿ä¼éå®ä¸ç»©ååæ¾èï¼ç¢§æ¡åã浩德å°äº§åæ´é³åæä½ååä¸ï¼æçéå®éé¢è¶ </span></font><font face="Calibri"><span leaf="">15</span></font><font face="å®ä½"><span leaf="">亿å ï¼å å¸åºæ»ä»½é¢ç</span></font><font face="Calibri"><span leaf="">35%</span></font><font face="å®ä½"><span leaf="">以ä¸ï¼èä¸å°æ¿ä¼é¢ä¸´å»åååãæ´é³æ¿å°äº§æèµåæ¯å¢é¿</span></font><font face="Calibri"><span leaf="">8%</span></font><font face="å®ä½"><span leaf="">ï¼ç«£å·¥é¢ç§¯æ©å¤§ï¼ä½å¼åä¼ä¸æ°éåå°ï¼è¡ä¸éä¸åº¦æåï¼åæ å¸åºæ´åè¶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;">å ³é®ææ 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;">ä¾åºéï¼</span>æ°æ¹ä¸å¸é¡¹ç®è¾å°ï¼</span></font><font face="Calibri"><span leaf="">1-5</span></font><font face="å®ä½"><span leaf="">ææ°å¢ä¾åºé¢ç§¯çº¦</span></font><font face="Calibri"><span leaf="">12</span></font><font face="å®ä½"><span leaf="">ä¸ã¡ï¼ä»¥æ´é¾åºåä¼æ»¨åºä¸ºä¸»ï¼å»åå¨æç»´æå¨</span></font><font face="Calibri"><span leaf="">8-10</span></font><font face="å®ä½"><span leaf="">个æçå¥åº·æ°´å¹³ã</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交éï¼</span>ååä½å® æ交å¥æ°çº¦</span></font><font face="Calibri"><span leaf="">6500</span></font><font face="å®ä½"><span leaf="">å¥ï¼åå楼ååä¸å°äº§è´¡ç®</span></font><font face="Calibri"><span leaf="">20%</span></font><font face="å®ä½"><span leaf="">份é¢ï¼</span></font><font face="Calibri"><span leaf="">4</span></font><font face="å®ä½"><span leaf="">æåâæ¶è´¹å以æ§æ¢æ°çæ´»èâæ¿çåºæ¿ï¼ééç¯æ¯æ¿å¢</span></font><font face="Calibri"><span leaf="">18%</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;">å¸åºå¥åº·åº¦ï¼</span>è¡ä¸æ¯å©ç稳å®å¨</span></font><font face="Calibri"><span leaf="">25%-30%</span></font><font face="å®ä½"><span leaf="">ï¼èµäº§è´åºçæ§å¶å¨</span></font><font face="Calibri"><span leaf="">70%</span></font><font face="å®ä½"><span leaf="">以ä¸ï¼æµå¨æ¯çæåï¼æ¾ç¤ºè´¢å¡é£é©å¯æ§ãä½åºåååå¨éæ ¸å¿åºåï¼å¦èååºï¼ä»åï¼å»åé度è¾æ ¢ 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="Calibri"><span leaf="">2025</span></font><font face="å®ä½"><span leaf="">å¹´</span></font><font face="Calibri"><span leaf="">1-5</span></font><font face="å®ä½"><span leaf="">æï¼æ´é³æ¿å°äº§æ¿ç以â稳å¸åºãä¿æ¶è´¹â为主åºè°ï¼ç»åå½å®¶åå°æ¹è°æ§ã主è¦æ¿çå 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="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">è°æ§æ¿çï¼</span>æ´é³å¸å»¶ç»</span></font><font face="Calibri"><span leaf="">2024</span></font><font face="å®ä½"><span leaf="">å¹´âå åæ½çâï¼æ¾å®½é¦ä»æ¯ä¾è³</span></font><font face="Calibri"><span leaf="">20%</span></font><font face="å®ä½"><span leaf="">ï¼ä¸è°è´·æ¬¾å©ç</span></font><font face="Calibri"><span leaf="">0.5</span></font><font face="å®ä½"><span leaf="">个ç¾åç¹ï¼åºæ¿åéåæ¹åéæ±ï¼åæ¶ï¼å 强é¢å®èµéç管ï¼é²èçå°¾é£é©ã</span></font><font face="Calibri"><span leaf="">4</span></font><font face="å®ä½"><span leaf="">æï¼å°æ¹æ¿åºåºå°â以æ§æ¢æ°â补贴ï¼è¦ç家çµã汽车çï¼é´æ¥å¸¦å¨æ¿äº§éå®ï¼æ´»å¨æé´æ交éæå</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;">çç¹äºä»¶ï¼</span></span></font><font face="Calibri"><span leaf="">4</span></font><font face="å®ä½"><span leaf="">æ</span></font><font face="Calibri"><span leaf="">11-13</span></font><font face="å®ä½"><span leaf="">æ¥ï¼âæ´é³å¸</span></font><font face="Calibri"><span leaf="">2025</span></font><font face="å®ä½"><span leaf="">æ¶è´¹å以æ§æ¢æ°çæ´»èâ举åï¼æ¶µç家çµãæ°ç 产åï¼å¸å¼è¶ </span></font><font face="Calibri"><span leaf="">10</span></font><font face="å®ä½"><span leaf="">ä¸äººæ¬¡åä¸ï¼èå¨æ¿ä¼æ¨åºä¼æ ï¼æ为ä¸å£åº¦å¸åºå¬ååãåæï¼æ´é³ç¡ä¸¹è§èµåè¿æ¥çè±æï¼å¸¦å¨æ 游å°äº§ç度ï¼é¨å项ç®åå¿è¥éï¼æåå»åçãæ¤å¤ï¼ä¼æ»¨åºä¸¤å®å± ä½ç¨å°åºè®©å¼åå ³æ³¨ï¼ç«ææ¿çï¼åæ åæå¸åºå温ãæ¿çæ´ä½å¯¼å平稳ï¼æªåºç°æ¿è¿è°æ´ï¼ç¡®ä¿å¸åºé¢æç¨³å® 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;">é¿ææ¿çè¶å¿ï¼</span>æ´é³å¸æ¿åºå¼ºè°</span></font><font face="å®ä½"><span leaf="">âçæå®å± åå¸â建设ï¼å 强绿å°è§ååä½æ¿ä¿éä½ç³»ï¼é¢è®¡ä¸åå¹´æ¨åºç§èµå¸åºæ¯ææ¿çï¼ä»¥ç¼è§£æ¿ä»·åå 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¸ãåæå¸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="">åæå¸åºå¨</span></font><font face="Calibri"><span leaf="">2025</span></font><font face="å®ä½"><span leaf="">å¹´</span></font><font face="Calibri"><span leaf="">1-5</span></font><font face="å®ä½"><span leaf="">æ表ç°æ´»è·ï¼ä½åºåå·çä¸åãæ»æ交é¢ç§¯çº¦</span></font><font face="Calibri"><span leaf="">50</span></font><font face="å®ä½"><span leaf="">å ¬é¡·ï¼åæ¯å¢é¿</span></font><font face="Calibri"><span leaf="">12%</span></font><font face="å®ä½"><span leaf="">ï¼æ交éé¢è¶ </span></font><font face="Calibri"><span leaf="">30</span></font><font face="å®ä½"><span leaf="">亿å ãæ ¸å¿ç¹ç¹ï¼</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;">åºååå¸ï¼</span>ä¼æ»¨åºä¸ºçç¹ï¼ä¸¤å®å± ä½ç¨å°æ交溢价ç</span></font><font face="Calibri"><span leaf="">15%</span></font><font face="å®ä½"><span leaf="">ï¼å å°ä»·è¾ä½ï¼çº¦</span></font><font face="Calibri"><span leaf="">2000</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¡ï¼å¸å¼å¼ååæ¶å ¥ï¼æ´é¾åºäºéåºåå¸æ´æ°é¡¹ç®ä¸æå¯å¨ï¼å¸¦å¨å¨è¾¹åæ溢价ãèçæ²³åºåèååºåå°æµæçè¾é«ï¼åæ å¼ååå好é«æ½ååºå 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¸åºå¨æï¼</span>åå°ä¾åºä»¥ä½å® 为主ï¼å æ¯</span></font><font face="Calibri"><span leaf="">70%</span></font><font face="å®ä½"><span leaf="">ï¼å¼ååæ¿å°çç¥è½¬åè°¨æ ï¼å½ä¼ï¼å¦æ´é³åæï¼ä¸»å¯¼ï¼æ°ä¼åä¸åå°ãåå°ææ¬ä¸æ¶¨</span></font><font face="Calibri"><span leaf="">5%-10%</span></font><font face="å®ä½"><span leaf="">ï¼ä½å¾çäºè½¨é交éè§åï¼å¦</span></font><font face="Calibri"><span leaf="">S1</span></font><font face="å®ä½"><span leaf="">å·çº¿ï¼ï¼ä¼æ»¨åºåæ°å®å°ååå¼é¢æ强ï¼æ¨é«ç«æç度ãé£é©æ¹é¢ï¼é¨ååºåå°ä»·æ³¡æ²«åæ¾ï¼éè¦ææ¿çæ¶ç´§å½±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="Calibri"><span leaf="">2021</span></font><font face="å®ä½"><span leaf="">å¹´å¸åéè·¯è§å延ç»å½±åï¼è½»è½¨å»ºè®¾ï¼å¦</span></font><font face="Calibri"><span leaf="">S1</span></font><font face="å®ä½"><span leaf="">å·çº¿ï¼ç¼©çéå¤æ¶é´ï¼ææ¯åæ´¥ãå®é³çç»å¢åææ´»è·åº¦ï¼å°ä»·åæ¯ä¸æ¶¨</span></font><font face="Calibri"><span leaf="">8%</span></font><font face="å®ä½"><span leaf="">ï¼ä½</span></font><font face="Calibri"><span leaf="">2025</span></font><font face="å®ä½"><span leaf="">å¹´æ°æ®é以è¿æè¯æ®ä¸ºå 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»ååæ</span></span></font></span><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></p><p><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-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="">åºäºæ¶è´¹è è¡ä¸ºæ°æ®ï¼æ´é³è´æ¿å®¢æ·ä»¥æ¬å°å± æ°ä¸ºä¸»ï¼å¹´é¾åå好ååææ¾ã</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;">客æ·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="">25-40</span></font><font face="å®ä½"><span leaf="">å²ç¾¤ä½å æ¯</span></font><font face="Calibri"><span leaf="">55%</span></font><font face="å®ä½"><span leaf="">ï¼ä¸ºé¦ç½®ä¸»åï¼</span></font><font face="Calibri"><span leaf="">41-55</span></font><font face="å®ä½"><span leaf="">å²æ¹ååéæ±å </span></font><font face="Calibri"><span leaf="">30%</span></font><font face="å®ä½"><span leaf="">ï¼äºæ¬¡ç½®ä¸è å¢å¤ã年轻客æ·å好å°æ·åï¼</span></font><font face="Calibri"><span leaf="">70-90</span></font><font face="å®ä½"><span leaf="">ã¡ï¼ï¼ä¸å¹´å®¢æ·å¾å</span></font><font face="Calibri"><span leaf="">120</span></font><font face="å®ä½"><span leaf="">ã¡ä»¥ä¸ä¸å± 室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¶å ¥æ°´å¹³ï¼</span>家åºææ¶å ¥</span></font><font face="Calibri"><span leaf="">8000-15000</span></font><font face="å®ä½"><span leaf="">å 为主ï¼é¢ç®éä¸å¨</span></font><font face="Calibri"><span leaf="">60-100</span></font><font face="å®ä½"><span leaf="">ä¸å ï¼è¥¿å·¥åºé«æ¶å ¥å®¢æ·å æ¯é«ï¼é¢ç®è¶ </span></font><font face="Calibri"><span leaf="">120</span></font><font face="å®ä½"><span leaf="">ä¸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;">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;">è´æ¿å¨æºï¼</span>é¦ç½®éæ±å </span></font><font face="Calibri"><span leaf="">60%</span></font><font face="å®ä½"><span leaf="">ï¼å¦ç»å©ãè½æ·ï¼ï¼æèµéæ±</span></font><font face="Calibri"><span leaf="">25%</span></font><font face="å®ä½"><span leaf="">ï¼ç好æ´é³åå±ï¼ï¼æ¹åéæ±</span></font><font face="Calibri"><span leaf="">15%</span></font><font face="å®ä½"><span leaf="">ï¼å¦å¦åºãç¯å¢ï¼ãå ³é®å ç´ ï¼äº¤é便å©æ§ï¼å°éè§åå½±å大ï¼ãå¦åºèµæºä¸ºé¦è¦èèï¼ä»·æ ¼ææ度éä½ã</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好çç¹ï¼</span>å好åçæ¿ä¼é¡¹ç®ï¼å¦å»ºä¸éå¢ï¼ï¼ä¿¡ä»»åº¦é«äºä¸å°æ¿ä¼ï¼çç¹å æ¬é«æ¿ä»·ååï¼è¥¿å·¥åºåä»·è¶ </span></font><font face="Calibri"><span leaf="">9000</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¡ï¼ã贷款é¨æ§é«ï¼åé¨ååºåé å¥ä¸å®åãä»æ¬¾æ¹å¼ï¼ææ贷款å </span></font><font face="Calibri"><span leaf="">70%</span></font><font face="å®ä½"><span leaf="">ï¼å ¨æ¬¾æ¯ä¾ä¸åè³</span></font><font face="Calibri"><span leaf="">20%</span></font><font face="å®ä½"><span leaf="">ï¼åæ èµéåå 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¯</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="">æ´é³å¸åºåºåååå å§ï¼æ ¸å¿åºé¢è·ï¼å¤å´åºæ¿åã</span></font></span><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></p><p><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">ååºå表ç°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´é¾åºï¼</span>å¸åºæ ¸å¿ï¼æ交éå å ¨å¸</span></font><font face="Calibri"><span leaf="">35%</span></font><font face="å®ä½"><span leaf="">ï¼åä»·</span></font><font face="Calibri"><span leaf="">8500-9000</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¡ï¼åçäºè¡æ¿ä¸å¿å交éæ¢çº½ï¼å¦å ³æ大éï¼ï¼å»åå¿«ï¼ä»£è¡¨é¡¹ç®å¦ææ¯æå·é¢çéã</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;">西工åºï¼</span>æ¿ä»·æé«ï¼è¾¾</span></font><font face="Calibri"><span leaf="">9000-9500</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¡ï¼åä¸é å¥æçï¼ä½ä¾åºç´§å¼ ï¼æèµéæ±æºï¼æ交å¢é</span></font><font face="Calibri"><span leaf="">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 style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-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;">ä¼æ»¨åºï¼</span>æ°å ´çç¹ï¼åä»·</span></font><font face="Calibri"><span leaf="">7000-7500</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¡ï¼åå°æ交活è·ï¼å»åå¨æ缩çï¼æ¿çæ¶æä¸æ½å大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;">èååºåçæ²³åºï¼</span>表ç°å¹³ç¨³ï¼åä»·</span></font><font face="Calibri"><span leaf="">6500-7000</span></font><font face="å®ä½"><span leaf="">å </span></font><font face="Calibri"><span leaf="">/</span></font><font face="å®ä½"><span leaf="">ã¡ï¼ä»¥åé为主ï¼ä½åºåè¾é«ï¼å»åæ ¢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¤å´ç»å¢ï¼å¦åæ´¥ãæ°å®ï¼</span></span></font><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">ï¼</span>å轨é交éè§åå©å¥½ï¼æ¿ä»·</span></font><font face="Calibri"><span leaf="">6000</span></font><font face="å®ä½"><span leaf="">å </span></font><font face="Calibri"><span leaf="">/</span></font><font face="å®ä½"><span leaf="">ã¡å·¦å³ï¼ä½å¸åºå°æªæçï¼æ交éä½ 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¿åä»·å¼åæï¼</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¿æ¿åï¼</span>æ´é¾ä¸å¿åºä»·å¼æé«ï¼äº¤éãæè²æº¢ä»·å¼ºï¼ä¼æ»¨åºä¸º</span></font><font face="å®ä½"><span leaf="">âä»·å¼æ´¼å°âï¼åºå»ºæèµæåæ½åã</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£é©æ¿åï¼</span>èååºé å¥æ»åï¼æ¿åä»·å¼åæ»ï¼è½»è½¨æ²¿çº¿ï¼å¦å®é³ï¼ä¸é¿æç涨ï¼ä½çæéæ¿çè½å°æ¯æ</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;">å ãå¸åºä»·æ ¼èµ°å¿åæ</span></span></font></span><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></p><p><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-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´</span></font><font face="Calibri"><span leaf="">1-5</span></font><font face="å®ä½"><span leaf="">æï¼æ´é³æ¿ä»·æ´ä½â稳ä¸å¾®åâï¼ä½æ度波å¨åæ¿çåéæ±å½±åã</span></font><font face="Calibri"><span leaf="">1-3</span></font><font face="å®ä½"><span leaf="">æåä»·</span></font><font face="Calibri"><span leaf="">7800</span></font><font face="å®ä½"><span leaf="">å </span></font><font face="Calibri"><span leaf="">/</span></font><font face="å®ä½"><span leaf="">ã¡ï¼</span></font><font face="Calibri"><span leaf="">4-5</span></font><font face="å®ä½"><span leaf="">æåè³</span></font><font face="Calibri"><span leaf="">8200</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¯å¢é¿</span></font><font face="Calibri"><span leaf="">5%</span></font><font face="å®ä½"><span leaf="">ã驱å¨å ç´ 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¸æ¶¨å¨åï¼</span>ç»æµå¤è带å¨éæ±ï¼</span></font><font face="Calibri"><span leaf="">GDP</span></font><font face="å®ä½"><span leaf="">å¢é¿</span></font><font face="Calibri"><span leaf="">6%</span></font><font face="å®ä½"><span leaf="">ï¼ï¼åå°ææ¬ä¸åä¼ å¯¼è³æ¿ä»·ï¼æ ¸å¿åºå¦è¥¿å·¥åºæ¶¨å¹ </span></font><font face="Calibri"><span leaf="">8%</span></font><font face="å®ä½"><span leaf="">ï¼æ¹åå项ç®æä»·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;">æå¶å ç´ ï¼</span>æ¿çè°æ§ï¼å¦å©çè°æ´ï¼åä¾åºå¢å åå¹³æ¶¨å¹ ï¼å¤å´åºä»·æ ¼æå¹³ï¼å¦çæ²³åºä» 微涨</span></font><font face="Calibri"><span leaf="">2%</span></font><font face="å®ä½"><span leaf="">ãåå²å¯¹æ¯ï¼</span></font><font face="Calibri"><span leaf="">2024</span></font><font face="å®ä½"><span leaf="">å¹´åä»·</span></font><font face="Calibri"><span leaf="">7500</span></font><font face="å®ä½"><span leaf="">å </span></font><font face="Calibri"><span leaf="">/</span></font><font face="å®ä½"><span leaf="">ã¡ï¼</span></font><font face="Calibri"><span leaf="">2025</span></font><font face="å®ä½"><span leaf="">å¹´è¶å¿ç¬¦åé¢æµï¼ä»¥å¹³ç¨³ä¸ºä¸»ï¼æ æ´è·é£é© ã</span></font></span><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></p><p><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">æªæ¥èµ°å¿ï¼</span>çæï¼</span></font><font face="Calibri"><span leaf="">2025</span></font><font face="å®ä½"><span leaf="">ä¸åå¹´ï¼é¢è®¡åä»·ç»´æ</span></font><font face="Calibri"><span leaf="">8000-8500</span></font><font face="å®ä½"><span leaf="">å </span></font><font face="Calibri"><span leaf="">/</span></font><font face="å®ä½"><span leaf="">ã¡ï¼æ¿çè¥å ç å¯è½åè°ï¼ä¸é¿æï¼</span></font><font face="Calibri"><span leaf="">2026-2030</span></font><font face="å®ä½"><span leaf="">ï¼ååå¸åå±æ¨å¨ï¼å¹´åå¢é</span></font><font face="Calibri"><span leaf="">3%-5% </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±åæ</span></span></font></span><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></p><p><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-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¸åºéä¸åº¦æåï¼å¤´é¨æ¿ä¼ä¸»å¯¼ã</span></font><font face="Calibri"><span leaf="">TOP10</span></font><font face="å®ä½"><span leaf="">æ¿ä¼å¸åºä»½é¢è¶ </span></font><font face="Calibri"><span leaf="">50%</span></font><font face="å®ä½"><span leaf="">ï¼å ¶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;">é¢å ä¼ä¸ï¼</span>碧æ¡åéå®ç¬¬ä¸ï¼æçéé¢è¶ </span></font><font face="Calibri"><span leaf="">8</span></font><font face="å®ä½"><span leaf="">亿å ï¼æµ©å¾·å°äº§åæ´é³åæç´§éï¼ä¸»ææ¹åå产åï¼å»ºä¸éå¢è´¢å¡ç¨³å¥ï¼æ¯å©ç</span></font><font face="Calibri"><span leaf="">28%</span></font><font face="å®ä½"><span leaf="">ï¼ï¼ä½æ´é³åºå份é¢ç¥éã</span></font></span><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></p><p><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">ç«äºçç¥ï¼</span>ä»·æ ¼æåå°ï¼è½¬å产åå·®å¼åï¼å¦ç»¿è²å»ºçãæºè½å®¶å± ï¼ï¼ä¸å°æ¿ä¼çåè°é¾ï¼é¨åéåºå¸åºãæ°å ¥å±è å°ï¼åæ è¡ä¸å£åæé«</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;">é£é©ç¹ï¼</span>åè´¨åç«äºå¨éæ ¸å¿åºå å§ï¼æ¿ä¼é强ååçåæå¡ä»¥çªå´</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;">å «ã客æ·éæ±ä¸çç¹</span></span></font></span><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></p><p><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-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¿éæ±ï¼</span>交é便å©ï¼è¿å°éï¼ãå¦åºæ¿ãç¯å¢åè´¨ï¼çç¹å 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="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">éæ±çç¹ï¼</span>æ¹ååä½å® ï¼ä¸å± 室以ä¸ï¼éæ±å¢</span></font><font face="Calibri"><span leaf="">20%</span></font><font face="å®ä½"><span leaf="">ï¼æèµå®¢æ·å ³æ³¨ç§èµåæ¥ï¼å¹´è½»ç¾¤ä½å好æ°ååçæ¿ä½éªã</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;">çç¹åæï¼</span>é«æ¿ä»·ä¸ºé¦è¦çç¹ï¼å°¤å ¶è¥¿å·¥åºï¼ï¼è´·æ¬¾åå大ï¼é å¥ä¸è¶³ï¼å¦åæ´¥å»çèµæºç¼ºï¼ï¼å¸åºä¿¡æ¯ä¸éæï¼å¯¼è´å³çç¹è±«ã建议æ¿ä¼èç¦çç¹è§£å³ï¼å¦æ¨åºä½é¦ä»è®¡å</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©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;">é£é©åæï¼</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¸åºé£é©ï¼</span>æ¿ä»·æ³¡æ²«å¨æ ¸å¿åºç§¯èï¼æ¿çæ¶ç´§å¯è½è§¦ååè°ï¼åºåååå¨å¤å´åºï¼å»åé£é©é«ï¼ç»æµä¸è¡å½±åè´ä¹°åã</span></font></span><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></p><p><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">ä¼ä¸é£é©ï¼</span>èèµææ¬ä¸åï¼ä¸å°æ¿ä¼èµéé¾èå¼±ï¼åå°ç«æè¿çå¯è½å¯¼è´äºæ</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;">建议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;">对å¼ååï¼</span>ä¼å产åç»æï¼å¢ä¸å°æ·åï¼ï¼å¼ºåèµé管çï¼åä½å¼ååæé£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;">对æ¿åºï¼</span>å®åç§èµå¸åºï¼æ¨åºå°ä»·ç®¡æ§ï¼å 强åºååºå»ºæèµã</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;">对æèµè ï¼</span>èç¦é«æ½ååºï¼å¦ä¼æ»¨åºï¼ï¼é¿å å¤å´ç²ç®å ¥å¸</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-size: 24px;color: #7c8b09;font-weight: bold;text-decoration: underline;">åãæªæ¥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>å¸åºå»¶ç»å¹³ç¨³ï¼åä»·åºé´</span></font><font face="Calibri"><span leaf="">8000-8500</span></font><font face="å®ä½"><span leaf="">å </span></font><font face="Calibri"><span leaf="">/</span></font><font face="å®ä½"><span leaf="">ã¡ï¼æ¿çå¾®è°æåºæ¿ééï¼åæç度éä¸å¨ä¼æ»¨åºï¼é£é©ç¹å¨ç»æµæ³¢å¨ï¼å»ºè®®æ¿ä¼å å¿«å»åã</span></font></span><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></p><p><span style="mso-spacerun:'yes';font-family:å®ä½;mso-ascii-font-family:Calibri;mso-hansi-font-family:Calibri;mso-bidi-font-family:'Times New Roman';font-size:10.5000pt;mso-font-kerning:1.0000pt;"><font face="å®ä½"><span leaf=""><span textstyle="" style="font-weight: bold;">ä¸é¿æï¼</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>æ´é³åå¸åå±ï¼å¦è½¨é交éå®å·¥ï¼å¸¦å¨æ¿ä»·å¹´å涨</span></font><font face="Calibri"><span leaf="">3%-5%</span></font><font face="å®ä½"><span 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