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data-layout-id="2" style="font-size: 20px;font-weight: 500;color: rgba(42, 174, 103, 1);line-height: 1.8;margin-bottom: 12px;text-align: center;"><span leaf="">第ä¸ç« 顶å±é»è¾ä¸æ½çä½ç³»ï¼é«è´¨éåå±çå¶åº¦åºç³</span></h1><section data-layout-id="3" style="font-size: 17px;font-weight: 400;color: rgba(0,0,0,0.9);line-height: 1.8;margin-bottom: 24px;"><span leaf=""><span textstyle="" style="color: rgb(31, 31, 31);">2026å¹´å ¨å½ä¸¤ä¼åæ¿åºå·¥ä½æ¥åä¸ºå ¨å¹´æ¿å°äº§å·¥ä½å®ä¸äºâçå稳å®æ¿å°äº§å¸åºâçæ»åºè°ãç¸è¾äºå¾å¹´çåºæ¥å¼è°æ§ï¼ä»å¹´çæ¿çé¨ç½²åç°åºæ强çç³»ç»ååæ§ï¼å½¢æäºè¦çå¸åºç¨³å®ãæ°çä¿éãæ°ååéåãåè´¨æåãå¶åº¦æ¹é©ãè´¢æ¿éèæ¯æå 大维度çå®æ´éç¯ä½ç³»ã</span></span></section><h2 data-layout-id="4" style="font-size: 17px;font-weight: 500;color: rgba(42, 174, 103, 1);line-height: 1.8;margin-bottom: 12px;"><span leaf="">1.1 ç³»ç»æ§å解é£é©ï¼ä»âåç¹åºæ¥âå°âè·¨é¢åèé²â</span></h2><section data-layout-id="5" style="font-size: 17px;font-weight: 400;color: rgba(0,0,0,0.9);line-height: 1.8;margin-bottom: 24px;"><span leaf=""><span textstyle="" style="color: rgb(31, 31, 31);">é£é©é²æ§ä¾ç¶æ¯2026å¹´å·¥ä½çé¦è¦ä»»å¡ãæ¿ç导åå·²ä»å纯çæ¿ä¼åºå¡è¿çº¦å¤ç½®ï¼å级为ç»ç¹æ¨è¿æ¿å°äº§ãå°æ¹æ¿åºåºå¡ãå°æ¹ä¸å°éèæºæçé£é©èå¨å解ãè¿ç§è·¨é¢åãå ¨é¾æ¡çé£é©èé²æºå¶ï¼æ¨å¨æç ´é£é©å¨ä¸åè¡ä¸é´çä¼ å¯¼é¾æ¡ï¼ä¸ºå¸åºå¤èæä¾ä¸ä¸ªç¨³å®çå®è§ç¯å¢ã</span></span></section><section data-layout-id="6" style="font-size: 17px;font-weight: 400;color: rgba(0,0,0,0.9);line-height: 1.8;margin-bottom: 24px;"><span leaf=""><span textstyle="" style="color: rgb(31, 31, 31);">åæ¶ï¼âä¿äº¤æ¿âç½ååå¶åº¦æ£å¼è¿å ¥å¸¸æåè¿è¡é¶æ®µãéè¿å»ºç«ä¸æ¿å°äº§åå±æ°æ¨¡å¼ç¸éåºçèèµå¶åº¦ï¼ä¸ä» 解å³äºæ¿ä¼ççææµå¨æ§å°å¢ï¼æ´ä»æ ¹æ¬ä¸é²èäºäº¤ä»é£é©ï¼é建äºè´æ¿è çå¸åºä¿¡å¿ã</span></span></section><section data-layout-id="7" style="font-size: 17px;font-weight: 400;color: rgba(0,0,0,0.9);line-height: 1.8;margin-bottom: 24px;"><span leaf="">2026å¹´æ¿åºå·¥ä½æ¥åæ¿å°äº§ç¸å ³æ ¸å¿å®æ</span></section><table style="border-collapse:collapse;width:559px;margin-left:-3.6000pt;mso-table-layout-alt:fixed;border:none;mso-border-left-alt:0.7500pt solid rgb(0,0,0);mso-border-top-alt:0.7500pt solid rgb(0,0,0);mso-border-right-alt:0.7500pt solid rgb(0,0,0);mso-border-bottom-alt:0.7500pt solid rgb(0,0,0);mso-border-insideh:0.7500pt solid rgb(0,0,0);mso-border-insidev:0.7500pt solid rgb(0,0,0);mso-padding-alt:5.0000pt 5.0000pt 5.0000pt 5.0000pt;"><tbody><tr><td data-colwidth="128" width="312" valign="top" style="padding: 6pt 9pt;border-width: 1pt;border-style: solid;border-color: rgb(0, 0, 0);background: rgb(248, 250, 253);"><p style="margin-top: 6.0000pt;margin-bottom: 24px;line-height: 1.8;font-size: 17px;font-weight: 400;color: rgba(0,0,0,0.9);"><b><span dir="LTR" style="font-family:ç线;color:rgb(31,31,31);font-weight:bold;font-size:11.0000pt;"><font face="ç线"><span leaf=""><span textstyle="" style="font-size: 17px;">æ ¸å¿ç»´åº¦</span></span></font></span></b></p></td><td data-colwidth="431" width="312" valign="top" style="padding: 6pt 9pt;border-left: none;border-right: 1pt solid rgb(0, 0, 0);border-top: 1pt solid rgb(0, 0, 0);border-bottom: 1pt solid rgb(0, 0, 0);background: rgb(248, 250, 253);"><p style="margin-top: 6.0000pt;margin-bottom: 24px;line-height: 1.8;font-size: 17px;font-weight: 400;color: rgba(0,0,0,0.9);"><b><span dir="LTR" style="font-family:ç线;color:rgb(31,31,31);font-weight:bold;font-size:11.0000pt;"><font face="ç线"><span leaf=""><span textstyle="" style="font-size: 17px;">2026å¹´å ·ä½å·¥ä½å 容ä¸å¯¼å</span></span></font></span></b></p></td></tr><tr><td data-colwidth="128" width="312" valign="top" style="padding: 6pt 9pt;border-left: 1pt solid rgb(0, 0, 0);border-right: 1pt solid rgb(0, 0, 0);border-top: none;border-bottom: 1pt solid rgb(0, 0, 0);background: rgb(248, 250, 253);"><p style="margin-top: 6.0000pt;margin-bottom: 24px;line-height: 1.8;font-size: 17px;font-weight: 400;color: rgba(0,0,0,0.9);"><span dir="LTR" 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style="font-family:ç线;color:rgb(31,31,31);font-size:11.0000pt;"><font face="ç线"><span leaf=""><span textstyle="" style="font-size: 17px;">å°æ¹åºä¸é¡¹è§æ¨¡</span></span></font><font face="ç线"><span leaf=""><span textstyle="" style="font-size: 17px;">4.4ä¸äº¿å ï¼æ¯ææ°çå·¥ç¨ä¸éåºç½®æ¢ï¼é度宽æ¾è´§å¸æ¿çï¼ä¼åç»ææ§å·¥å · </span></span></font></span></p></td></tr></tbody></table><h2 data-layout-id="9" style="font-size: 17px;font-weight: 500;color: rgba(42, 174, 103, 1);line-height: 1.8;margin-bottom: 12px;"><span leaf="">1.2 æ°çä¿éçç²¾åæ»´çï¼ä½æ¿æ¿çä¸äººå£æç¥ç深度èå</span></h2><section data-layout-id="10" style="font-size: 17px;font-weight: 400;color: rgba(0,0,0,0.9);line-height: 1.8;margin-bottom: 24px;"><span leaf=""><span textstyle="" style="color: rgb(31, 31, 31);">2026å¹´æ°çä¿éå·¥ä½ç亮ç¹å¨äºç²¾åæ§ãæ¿çæç¡®æåºâå 强åå©åè²å®¶åºä½æ¿ä¿éãæ¯æå¤å女家åºæ¹åæ§ä½æ¿éæ±âï¼è¿æ å¿çä½æ¿ä¿éå·²ä»æ®æ æ§å åºåè´´å人å£ç»æçå·®å¼åèµè½è½¬åãéè¿å°è´æ¿è¡¥è´´ãä¿¡è´·æ¯æä¸äººå£åºççæé©ï¼æ¿åºå¨è§£å³å± 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åéç¨å°è§æ¨¡åå</span></section><table style="border-collapse:collapse;width:548px;margin-left:5.4000pt;mso-table-layout-alt:fixed;border:none;mso-border-left-alt:0.7500pt solid rgb(0,0,0);mso-border-top-alt:0.7500pt solid rgb(0,0,0);mso-border-right-alt:0.7500pt solid rgb(0,0,0);mso-border-bottom-alt:0.7500pt solid rgb(0,0,0);mso-border-insideh:0.7500pt solid rgb(0,0,0);mso-border-insidev:0.7500pt solid rgb(0,0,0);mso-padding-alt:5.0000pt 5.0000pt 5.0000pt 5.0000pt;"><tbody><tr><td data-colwidth="208" width="156" valign="top" style="padding: 12pt 9pt 12pt 0pt;border-width: 1pt;border-style: solid;border-color: rgb(0, 0, 0);"><p style="margin-top: 12.0000pt;margin-bottom: 24px;line-height: 1.8;font-size: 17px;font-weight: 400;color: rgba(0,0,0,0.9);"><b><span dir="LTR" style="font-family:ç线;color:rgb(31,31,31);font-weight:bold;font-size:11.0000pt;"><font face="ç线"><span leaf=""><span textstyle="" style="font-size: 17px;">ææ 维度</span></span></font></span></b></p></td><td data-colwidth="124" width="156" valign="top" style="padding: 12pt 9pt 12pt 0pt;border-left: none;border-right: 1pt solid rgb(0, 0, 0);border-top: 1pt solid rgb(0, 0, 0);border-bottom: 1pt solid rgb(0, 0, 0);"><p style="margin-top: 12.0000pt;margin-bottom: 24px;line-height: 1.8;font-size: 17px;font-weight: 400;color: rgba(0,0,0,0.9);"><b><span dir="LTR" style="font-family:ç线;color:rgb(31,31,31);font-weight:bold;font-size:11.0000pt;"><font face="ç线"><span leaf=""><span textstyle="" style="font-size: 17px;">2025å¹´åæ°æ®</span></span></font></span></b></p></td><td data-colwidth="126" width="156" valign="top" style="padding: 12pt 9pt 12pt 0pt;border-left: none;border-right: 1pt solid rgb(0, 0, 0);border-top: 1pt solid rgb(0, 0, 0);border-bottom: 1pt solid rgb(0, 0, 0);"><p style="margin-top: 12.0000pt;margin-bottom: 24px;line-height: 1.8;font-size: 17px;font-weight: 400;color: rgba(0,0,0,0.9);"><b><span dir="LTR" style="font-family:ç线;color:rgb(31,31,31);font-weight:bold;font-size:11.0000pt;"><font face="ç线"><span leaf=""><span textstyle="" style="font-size: 17px;">2026å¹´åæ°æ®</span></span></font></span></b></p></td><td data-colwidth="90" width="156" valign="top" style="padding: 12pt 0pt;border-left: none;border-right: 1pt solid rgb(0, 0, 0);border-top: 1pt solid rgb(0, 0, 0);border-bottom: 1pt solid rgb(0, 0, 0);"><p style="margin-top: 12.0000pt;margin-bottom: 24px;line-height: 1.8;font-size: 17px;font-weight: 400;color: rgba(0,0,0,0.9);"><b><span dir="LTR" style="font-family:ç线;color:rgb(31,31,31);font-weight:bold;font-size:11.0000pt;"><font face="ç线"><span leaf=""><span textstyle="" style="font-size: 17px;">åæ¯åå¨</span></span></font></span></b></p></td></tr><tr><td data-colwidth="208" width="156" valign="top" style="padding: 12pt 9pt 12pt 0pt;border-left: 1pt solid rgb(0, 0, 0);border-right: 1pt solid rgb(0, 0, 0);border-top: none;border-bottom: 1pt solid rgb(0, 0, 0);"><p style="margin-top: 12.0000pt;margin-bottom: 24px;line-height: 1.8;font-size: 17px;font-weight: 400;color: rgba(0,0,0,0.9);"><span dir="LTR" style="font-family:ç线;color:rgb(31,31,31);font-size:11.0000pt;"><font face="ç线"><span leaf=""><span textstyle="" style="font-size: 17px;">项ç®ä¸ªæ°ï¼ä¸ä¸ªï¼</span></span></font></span></p></td><td data-colwidth="124" width="156" valign="top" style="padding: 12pt 9pt 12pt 0pt;border-left: none;border-right: 1pt solid rgb(0, 0, 0);border-top: none;border-bottom: 1pt solid rgb(0, 0, 0);"><p style="margin-top: 12.0000pt;margin-bottom: 24px;line-height: 1.8;font-size: 17px;font-weight: 400;color: rgba(0,0,0,0.9);"><span dir="LTR" style="font-family:ç线;color:rgb(31,31,31);font-size:11.0000pt;"><font face="ç线"><span leaf=""><span textstyle="" style="font-size: 17px;">1.39</span></span></font></span></p></td><td data-colwidth="126" width="156" valign="top" style="padding: 12pt 9pt 12pt 0pt;border-left: none;border-right: 1pt solid rgb(0, 0, 0);border-top: none;border-bottom: 1pt solid rgb(0, 0, 0);"><p style="margin-top: 12.0000pt;margin-bottom: 24px;line-height: 1.8;font-size: 17px;font-weight: 400;color: rgba(0,0,0,0.9);"><span dir="LTR" style="font-family:ç线;color:rgb(31,31,31);font-size:11.0000pt;"><font face="ç线"><span leaf=""><span textstyle="" style="font-size: 17px;">1.42</span></span></font></span></p></td><td data-colwidth="90" width="156" valign="top" style="padding: 12pt 0pt;border-left: none;border-right: 1pt solid rgb(0, 0, 0);border-top: none;border-bottom: 1pt solid rgb(0, 0, 0);"><p style="margin-top: 12.0000pt;margin-bottom: 24px;line-height: 1.8;font-size: 17px;font-weight: 400;color: rgba(0,0,0,0.9);"><span dir="LTR" style="font-family:ç线;color:rgb(31,31,31);font-size:11.0000pt;"><font face="ç线"><span leaf=""><span textstyle="" style="font-size: 17px;">+2%</span></span></font></span></p></td></tr><tr><td data-colwidth="208" width="156" valign="top" style="padding: 12pt 9pt 12pt 0pt;border-left: 1pt solid rgb(0, 0, 0);border-right: 1pt solid rgb(0, 0, 0);border-top: none;border-bottom: 1pt solid rgb(0, 0, 0);"><p style="margin-top: 12.0000pt;margin-bottom: 24px;line-height: 1.8;font-size: 17px;font-weight: 400;color: rgba(0,0,0,0.9);"><span dir="LTR" style="font-family:ç线;color:rgb(31,31,31);font-size:11.0000pt;"><font face="ç线"><span leaf=""><span textstyle="" style="font-size: 17px;">æ»é¢ç§¯ï¼ä¸å ¬é¡·ï¼</span></span></font></span></p></td><td data-colwidth="124" width="156" valign="top" style="padding: 12pt 9pt 12pt 0pt;border-left: none;border-right: 1pt solid rgb(0, 0, 0);border-top: none;border-bottom: 1pt solid rgb(0, 0, 0);"><p style="margin-top: 12.0000pt;margin-bottom: 24px;line-height: 1.8;font-size: 17px;font-weight: 400;color: rgba(0,0,0,0.9);"><span dir="LTR" style="font-family:ç线;color:rgb(31,31,31);font-size:11.0000pt;"><font face="ç线"><span leaf=""><span textstyle="" style="font-size: 17px;">6.23</span></span></font></span></p></td><td data-colwidth="126" width="156" valign="top" style="padding: 12pt 9pt 12pt 0pt;border-left: none;border-right: 1pt solid rgb(0, 0, 0);border-top: none;border-bottom: 1pt solid rgb(0, 0, 0);"><p style="margin-top: 12.0000pt;margin-bottom: 24px;line-height: 1.8;font-size: 17px;font-weight: 400;color: rgba(0,0,0,0.9);"><span dir="LTR" style="font-family:ç线;color:rgb(31,31,31);font-size:11.0000pt;"><font face="ç线"><span leaf=""><span textstyle="" style="font-size: 17px;">5.99</span></span></font></span></p></td><td data-colwidth="90" width="156" valign="top" style="padding: 12pt 0pt;border-left: none;border-right: 1pt solid rgb(0, 0, 0);border-top: none;border-bottom: 1pt solid rgb(0, 0, 0);"><p style="margin-top: 12.0000pt;margin-bottom: 24px;line-height: 1.8;font-size: 17px;font-weight: 400;color: rgba(0,0,0,0.9);"><span dir="LTR" style="font-family:ç线;color:rgb(31,31,31);font-size:11.0000pt;"><font face="ç线"><span leaf=""><span textstyle="" style="font-size: 17px;">-4%</span></span></font></span></p></td></tr><tr><td data-colwidth="208" width="156" valign="top" style="padding: 12pt 9pt 12pt 0pt;border-left: 1pt solid rgb(0, 0, 0);border-right: 1pt solid rgb(0, 0, 0);border-top: none;border-bottom: 1pt solid rgb(0, 0, 0);"><p style="margin-top: 12.0000pt;margin-bottom: 24px;line-height: 1.8;font-size: 17px;font-weight: 400;color: rgba(0,0,0,0.9);"><span dir="LTR" style="font-family:ç线;color:rgb(31,31,31);font-size:11.0000pt;"><font face="ç线"><span leaf=""><span textstyle="" style="font-size: 17px;">å¹³åå项ç®é¢ç§¯ï¼å ¬é¡·ï¼</span></span></font></span></p></td><td data-colwidth="124" width="156" valign="top" style="padding: 12pt 9pt 12pt 0pt;border-left: none;border-right: 1pt solid rgb(0, 0, 0);border-top: none;border-bottom: 1pt solid rgb(0, 0, 0);"><p style="margin-top: 12.0000pt;margin-bottom: 24px;line-height: 1.8;font-size: 17px;font-weight: 400;color: rgba(0,0,0,0.9);"><span dir="LTR" style="font-family:ç线;color:rgb(31,31,31);font-size:11.0000pt;"><font face="ç线"><span leaf=""><span textstyle="" style="font-size: 17px;">4.48</span></span></font></span></p></td><td data-colwidth="126" width="156" valign="top" style="padding: 12pt 9pt 12pt 0pt;border-left: none;border-right: 1pt solid rgb(0, 0, 0);border-top: none;border-bottom: 1pt solid rgb(0, 0, 0);"><p style="margin-top: 12.0000pt;margin-bottom: 24px;line-height: 1.8;font-size: 17px;font-weight: 400;color: rgba(0,0,0,0.9);"><span dir="LTR" style="font-family:ç线;color:rgb(31,31,31);font-size:11.0000pt;"><font face="ç线"><span leaf=""><span textstyle="" style="font-size: 17px;">4.23</span></span></font></span></p></td><td data-colwidth="90" width="156" valign="top" style="padding: 12pt 0pt;border-left: none;border-right: 1pt solid rgb(0, 0, 0);border-top: none;border-bottom: 1pt solid rgb(0, 0, 0);"><p style="margin-top: 12.0000pt;margin-bottom: 24px;line-height: 1.8;font-size: 17px;font-weight: 400;color: rgba(0,0,0,0.9);"><span dir="LTR" style="font-family:ç线;color:rgb(31,31,31);font-size:11.0000pt;"><font face="ç线"><span leaf=""><span textstyle="" style="font-size: 17px;">-6%</span></span></font></span></p></td></tr></tbody></table><section data-layout-id="18" style="font-size: 17px;font-weight: 400;color: rgba(0,0,0,0.9);line-height: 1.8;margin-bottom: 24px;"><span leaf=""><span textstyle="" style="color: rgb(31, 31, 31);">æ°æ®åæ åºåéä½å® ç¨å°è§æ¨¡æ£æç»æ¶ç¼©ï¼å¹³åå项ç®é¢ç§¯çä¸é表æåå°å¼åæ£åé约åãç²¾ç»å转åã2025å¹´å ¨å½å·²åè¡è¶ è¿3000亿å ä¸é¡¹åºç¨äºæ¶å¨é²ç½®åå°ï¼å ¶ä¸å¹¿ä¸ç以486亿å ä½å± å ¨å½é¦ä½ï¼ä¸ºåå°åéçæ´»æä¾äºå 足çå¼¹è¯ã</span></span></section><h2 data-layout-id="19" style="font-size: 17px;font-weight: 500;color: rgba(42, 174, 103, 1);line-height: 1.8;margin-bottom: 12px;"><span leaf="">2.2 åå¸æ´æ°çé«è´¨é转身</span></h2><section data-layout-id="20" style="font-size: 17px;font-weight: 400;color: rgba(0,0,0,0.9);line-height: 1.8;margin-bottom: 24px;"><span leaf=""><span textstyle="" style="color: rgb(31, 31, 31);">åå¸æ´æ°å¨2026å¹´ä¸åæ¯å¤§æ大建ï¼èæ¯å¼ºè°ç²¾ç»åæ²»çååè½å®åãæ¿çå¼å¯¼å©ç¨åéåå°åé²ç½®æ¿å±åå±å »èã家æ¿ã社åºåä¸ççæ´»æå¡ä¸ï¼å®ç°åå¸ç©ºé´çå 涵å¼æåãèæ§å°åºçæ¹é éç¹ä¹è½¬åäºçæ°ãç»æ水管éçåºç¡è®¾æ½çæºæ §åå级ï¼ä»¥åå è£ çµæ¢¯ãæ éç¢è®¾æ½çéèåæ¹é ï¼ç´æ¥æåäºåä½å± æ°ç幸ç¦æã</span></span></section><h1 data-layout-id="21" style="font-size: 20px;font-weight: 500;color: rgba(42, 174, 103, 1);line-height: 1.8;margin-bottom: 12px;text-align: center;"><span leaf="">第ä¸ç« éèç¯å¢ä¸èèµæºå¶ï¼éé æ°æ¨¡å¼çä¿¡ç¨éå¡</span></h1><section data-layout-id="22" style="font-size: 17px;font-weight: 400;color: rgba(0,0,0,0.9);line-height: 1.8;margin-bottom: 24px;"><span leaf=""><span textstyle="" style="color: rgb(31, 31, 31);">2026å¹´æ¿å°äº§éèæ¿ççæ ¸å¿æ¯âéé âä¸â常æåâãä¸å£åº¦ï¼å¨è´§å¸æ¿çé度宽æ¾çèæ¯ä¸ï¼LPRç»´æå¨ä½ä½ï¼æ°åæ¾ä¸ªäººä½æ¿è´·æ¬¾å æå¹³åå©ç触å3.1%çåå²å°ç¹ãä½è¿ä» ä» æ¯è¡¨å±ç°è±¡ï¼æ´æ·±å±çåé©å¨äºè¡ä¸èèµæºå¶çå¶åº¦æ§è½¬åã</span></span></section><h2 data-layout-id="23" style="font-size: 17px;font-weight: 500;color: rgba(42, 174, 103, 1);line-height: 1.8;margin-bottom: 12px;"><span leaf="">3.1 âä¸é红线âçéæ¥æ·¡åºä¸ç管é»è¾è½¬å</span></h2><section data-layout-id="24" style="font-size: 17px;font-weight: 400;color: rgba(0,0,0,0.9);line-height: 1.8;margin-bottom: 24px;"><span leaf=""><span textstyle="" style="color: rgb(31, 31, 31);">èª2020年以æ¥å®æ½çâä¸é红线â强ç管æ¿çï¼å¨2026å¹´ä¸å£åº¦è¿æ¥éè¦è½¬æãå¤æ°ä¼è´¨æ¿ä¼ä¸å被è¦æ±å®ææ¥éç¸å ³ææ ï¼ç管éå¿ä»âè´¢å¡ææ åæ§çº¢çº¿â转åâåºé©æ¿ä¼å·®å¼åé£é©ç®¡æ§âãè¿éæ¾äºè¡ä¸èèµçº¦ææ¾ç»ç强çä¿¡å·ï¼é¼å±éèæºæåå½åä¸æ¬æºï¼æ ¹æ®é¡¹ç®èªèº«è´¨éåä¼ä¸ä¿¡ç¨è¿è¡èµæºé ç½®ï¼ä¸ºéé æ°æ¨¡å¼çèèµå¶åº¦æ«æ¸ äºæºå¶éç¢ã</span></span></section><h2 data-layout-id="25" style="font-size: 17px;font-weight: 500;color: rgba(42, 174, 103, 1);line-height: 1.8;margin-bottom: 12px;"><span leaf="">3.2 èèµåè°æºå¶ç常æåä¸ä¿¡ç¨ä½ç³»æ建</span></h2><section data-layout-id="26" style="font-size: 17px;font-weight: 400;color: rgba(0,0,0,0.9);line-height: 1.8;margin-bottom: 24px;"><span leaf=""><span textstyle="" style="color: rgb(31, 31, 31);">åå¸æ¿å°äº§èèµåè°æºå¶å¨2026å¹´å®ç°äºå¸¸æåé«æè¿è¡ãéè¿âç½ååâå¶åº¦ï¼ç¬¦åæ¡ä»¶ç项ç®è´·æ¬¾å±ææ¿çå¾å°å¤§å¹ ä¼åï¼å±æä¸éæåè³5å¹´ï¼æ¾èç¼è§£äºæ¿ä¼å¨é¡¹ç®ç«¯çèµéå¨è½¬ååãåæ¶ï¼ç管é¨é¨å¼å§æ¨è¡âèèµä¸»åé¶è¡å¶âï¼å 强äºé¶è¡ä¸ä¼ä¸ä¹é´ç深度ç»å®ä¸ä¿¡æ¯å ±äº«ï¼ææ解å³äºâä¸æ¢è´·ãä¸æ¿è´·âçè¡ä¸é¡½ç¾ã</span></span></section><section data-layout-id="27" style="font-size: 17px;font-weight: 400;color: rgba(0,0,0,0.9);line-height: 1.8;margin-bottom: 24px;"><span leaf="">åå¹´éç¹æ¿ä¼å£åº¦èèµè§æ¨¡ååæ¯åå¨</span></section><table style="border-collapse:collapse;width:431px;margin-left:5.4000pt;mso-table-layout-alt:fixed;border:none;mso-border-left-alt:0.7500pt solid rgb(0,0,0);mso-border-top-alt:0.7500pt solid rgb(0,0,0);mso-border-right-alt:0.7500pt solid rgb(0,0,0);mso-border-bottom-alt:0.7500pt solid rgb(0,0,0);mso-border-insideh:0.7500pt solid rgb(0,0,0);mso-border-insidev:0.7500pt solid rgb(0,0,0);mso-padding-alt:5.0000pt 5.0000pt 5.0000pt 5.0000pt;"><tbody><tr><td data-colwidth="131" width="208" valign="top" style="padding: 12pt 9pt 12pt 0pt;border-width: 1pt;border-style: solid;border-color: rgb(0, 0, 0);"><p style="margin-top: 12.0000pt;margin-bottom: 24px;line-height: 1.8;font-size: 17px;font-weight: 400;color: rgba(0,0,0,0.9);"><b><span dir="LTR" style="font-family:ç线;color:rgb(31,31,31);font-weight:bold;font-size:11.0000pt;"><font face="ç线"><span leaf=""><span textstyle="" style="font-size: 17px;">ç»è®¡å£åº¦</span></span></font></span></b></p></td><td data-colwidth="156" width="208" valign="top" style="padding: 12pt 9pt 12pt 0pt;border-left: none;border-right: 1pt solid rgb(0, 0, 0);border-top: 1pt solid rgb(0, 0, 0);border-bottom: 1pt solid rgb(0, 0, 0);"><p style="margin-top: 12.0000pt;margin-bottom: 24px;line-height: 1.8;font-size: 17px;font-weight: 400;color: rgba(0,0,0,0.9);"><b><span dir="LTR" style="font-family:ç线;color:rgb(31,31,31);font-weight:bold;font-size:11.0000pt;"><font face="ç线"><span leaf=""><span textstyle="" style="font-size: 17px;">èèµæ»é¢ï¼äº¿å ï¼</span></span></font></span></b></p></td><td data-colwidth="144" width="208" valign="top" style="padding: 12pt 0pt;border-left: none;border-right: 1pt solid rgb(0, 0, 0);border-top: 1pt solid rgb(0, 0, 0);border-bottom: 1pt solid rgb(0, 0, 0);"><p style="margin-top: 12.0000pt;margin-bottom: 24px;line-height: 1.8;font-size: 17px;font-weight: 400;color: rgba(0,0,0,0.9);"><b><span dir="LTR" style="font-family:ç线;color:rgb(31,31,31);font-weight:bold;font-size:11.0000pt;"><font face="ç线"><span leaf=""><span textstyle="" style="font-size: 17px;">åå£åº¦åæ¯åå¨</span></span></font></span></b></p></td></tr><tr><td data-colwidth="131" width="208" valign="top" style="padding: 12pt 9pt 12pt 0pt;border-left: 1pt solid rgb(0, 0, 0);border-right: 1pt solid rgb(0, 0, 0);border-top: none;border-bottom: 1pt solid rgb(0, 0, 0);"><p style="margin-top: 12.0000pt;margin-bottom: 24px;line-height: 1.8;font-size: 17px;font-weight: 400;color: rgba(0,0,0,0.9);"><span dir="LTR" style="font-family:ç线;color:rgb(31,31,31);font-size:11.0000pt;"><font face="ç线"><span leaf=""><span textstyle="" style="font-size: 17px;">2024 Q1</span></span></font></span></p></td><td data-colwidth="156" width="208" valign="top" style="padding: 12pt 9pt 12pt 0pt;border-left: none;border-right: 1pt solid rgb(0, 0, 0);border-top: none;border-bottom: 1pt solid rgb(0, 0, 0);"><p style="margin-top: 12.0000pt;margin-bottom: 24px;line-height: 1.8;font-size: 17px;font-weight: 400;color: rgba(0,0,0,0.9);"><span dir="LTR" style="font-family:ç线;color:rgb(31,31,31);font-size:11.0000pt;"><font face="ç线"><span leaf=""><span textstyle="" style="font-size: 17px;">1264.87</span></span></font></span></p></td><td data-colwidth="144" width="208" valign="top" style="padding: 12pt 0pt;border-left: none;border-right: 1pt solid rgb(0, 0, 0);border-top: none;border-bottom: 1pt solid rgb(0, 0, 0);"><p style="margin-top: 12.0000pt;margin-bottom: 24px;line-height: 1.8;font-size: 17px;font-weight: 400;color: rgba(0,0,0,0.9);"><span dir="LTR" style="font-family:ç线;color:rgb(31,31,31);font-size:11.0000pt;"><font face="ç线"><span leaf=""><span textstyle="" style="font-size: 17px;">-</span></span></font></span></p></td></tr><tr><td data-colwidth="131" width="208" valign="top" style="padding: 12pt 9pt 12pt 0pt;border-left: 1pt solid rgb(0, 0, 0);border-right: 1pt solid rgb(0, 0, 0);border-top: none;border-bottom: 1pt solid rgb(0, 0, 0);"><p style="margin-top: 12.0000pt;margin-bottom: 24px;line-height: 1.8;font-size: 17px;font-weight: 400;color: rgba(0,0,0,0.9);"><span dir="LTR" style="font-family:ç线;color:rgb(31,31,31);font-size:11.0000pt;"><font face="ç线"><span leaf=""><span textstyle="" style="font-size: 17px;">2024 Q4</span></span></font></span></p></td><td data-colwidth="156" width="208" valign="top" style="padding: 12pt 9pt 12pt 0pt;border-left: none;border-right: 1pt solid rgb(0, 0, 0);border-top: none;border-bottom: 1pt solid rgb(0, 0, 0);"><p style="margin-top: 12.0000pt;margin-bottom: 24px;line-height: 1.8;font-size: 17px;font-weight: 400;color: rgba(0,0,0,0.9);"><span dir="LTR" style="font-family:ç线;color:rgb(31,31,31);font-size:11.0000pt;"><font face="ç线"><span leaf=""><span textstyle="" style="font-size: 17px;">1171.96</span></span></font></span></p></td><td data-colwidth="144" width="208" valign="top" style="padding: 12pt 0pt;border-left: none;border-right: 1pt solid rgb(0, 0, 0);border-top: none;border-bottom: 1pt solid rgb(0, 0, 0);"><p style="margin-top: 12.0000pt;margin-bottom: 24px;line-height: 1.8;font-size: 17px;font-weight: 400;color: rgba(0,0,0,0.9);"><span dir="LTR" style="font-family:ç线;color:rgb(31,31,31);font-size:11.0000pt;"><font face="ç线"><span leaf=""><span textstyle="" style="font-size: 17px;">-</span></span></font></span></p></td></tr><tr><td data-colwidth="131" width="208" valign="top" style="padding: 12pt 9pt 12pt 0pt;border-left: 1pt solid rgb(0, 0, 0);border-right: 1pt solid rgb(0, 0, 0);border-top: none;border-bottom: 1pt solid rgb(0, 0, 0);"><p style="margin-top: 12.0000pt;margin-bottom: 24px;line-height: 1.8;font-size: 17px;font-weight: 400;color: rgba(0,0,0,0.9);"><span dir="LTR" style="font-family:ç线;color:rgb(31,31,31);font-size:11.0000pt;"><font face="ç线"><span leaf=""><span textstyle="" style="font-size: 17px;">2025 Q1</span></span></font></span></p></td><td data-colwidth="156" width="208" valign="top" style="padding: 12pt 9pt 12pt 0pt;border-left: none;border-right: 1pt solid rgb(0, 0, 0);border-top: none;border-bottom: 1pt solid rgb(0, 0, 0);"><p style="margin-top: 12.0000pt;margin-bottom: 24px;line-height: 1.8;font-size: 17px;font-weight: 400;color: rgba(0,0,0,0.9);"><span dir="LTR" style="font-family:ç线;color:rgb(31,31,31);font-size:11.0000pt;"><font face="ç线"><span leaf=""><span textstyle="" style="font-size: 17px;">1096.96</span></span></font></span></p></td><td data-colwidth="144" width="208" valign="top" style="padding: 12pt 0pt;border-left: none;border-right: 1pt solid rgb(0, 0, 0);border-top: none;border-bottom: 1pt solid rgb(0, 0, 0);"><p style="margin-top: 12.0000pt;margin-bottom: 24px;line-height: 1.8;font-size: 17px;font-weight: 400;color: rgba(0,0,0,0.9);"><span dir="LTR" style="font-family:ç线;color:rgb(31,31,31);font-size:11.0000pt;"><font face="ç线"><span leaf=""><span textstyle="" style="font-size: 17px;">-14%</span></span></font></span></p></td></tr><tr><td data-colwidth="131" width="208" valign="top" style="padding: 12pt 9pt 12pt 0pt;border-left: 1pt solid rgb(0, 0, 0);border-right: 1pt solid rgb(0, 0, 0);border-top: none;border-bottom: 1pt solid rgb(0, 0, 0);"><p style="margin-top: 12.0000pt;margin-bottom: 24px;line-height: 1.8;font-size: 17px;font-weight: 400;color: rgba(0,0,0,0.9);"><span dir="LTR" style="font-family:ç线;color:rgb(31,31,31);font-size:11.0000pt;"><font face="ç线"><span leaf=""><span textstyle="" style="font-size: 17px;">2025 Q4</span></span></font></span></p></td><td data-colwidth="156" width="208" valign="top" style="padding: 12pt 9pt 12pt 0pt;border-left: none;border-right: 1pt solid rgb(0, 0, 0);border-top: none;border-bottom: 1pt solid rgb(0, 0, 0);"><p style="margin-top: 12.0000pt;margin-bottom: 24px;line-height: 1.8;font-size: 17px;font-weight: 400;color: rgba(0,0,0,0.9);"><span dir="LTR" style="font-family:ç线;color:rgb(31,31,31);font-size:11.0000pt;"><font face="ç线"><span leaf=""><span textstyle="" style="font-size: 17px;">835.56</span></span></font></span></p></td><td data-colwidth="144" width="208" valign="top" style="padding: 12pt 0pt;border-left: none;border-right: 1pt solid rgb(0, 0, 0);border-top: none;border-bottom: 1pt solid rgb(0, 0, 0);"><p style="margin-top: 12.0000pt;margin-bottom: 24px;line-height: 1.8;font-size: 17px;font-weight: 400;color: rgba(0,0,0,0.9);"><span dir="LTR" style="font-family:ç线;color:rgb(31,31,31);font-size:11.0000pt;"><font face="ç线"><span leaf=""><span textstyle="" style="font-size: 17px;">-</span></span></font></span></p></td></tr><tr><td data-colwidth="131" width="208" valign="top" style="padding: 12pt 9pt 12pt 0pt;border-left: 1pt solid rgb(0, 0, 0);border-right: 1pt solid rgb(0, 0, 0);border-top: none;border-bottom: 1pt solid rgb(0, 0, 0);"><p style="margin-top: 12.0000pt;margin-bottom: 24px;line-height: 1.8;font-size: 17px;font-weight: 400;color: rgba(0,0,0,0.9);"><span dir="LTR" style="font-family:ç线;color:rgb(31,31,31);font-size:11.0000pt;"><font face="ç线"><span leaf=""><span textstyle="" style="font-size: 17px;">2026 Q1</span></span></font></span></p></td><td data-colwidth="156" width="208" valign="top" style="padding: 12pt 9pt 12pt 0pt;border-left: none;border-right: 1pt solid rgb(0, 0, 0);border-top: none;border-bottom: 1pt solid rgb(0, 0, 0);"><p style="margin-top: 12.0000pt;margin-bottom: 24px;line-height: 1.8;font-size: 17px;font-weight: 400;color: rgba(0,0,0,0.9);"><span dir="LTR" style="font-family:ç线;color:rgb(31,31,31);font-size:11.0000pt;"><font face="ç线"><span leaf=""><span textstyle="" style="font-size: 17px;">522.38</span></span></font></span></p></td><td data-colwidth="144" width="208" valign="top" style="padding: 12pt 0pt;border-left: none;border-right: 1pt solid rgb(0, 0, 0);border-top: none;border-bottom: 1pt solid rgb(0, 0, 0);"><p style="margin-top: 12.0000pt;margin-bottom: 24px;line-height: 1.8;font-size: 17px;font-weight: 400;color: rgba(0,0,0,0.9);"><span dir="LTR" style="font-family:ç线;color:rgb(31,31,31);font-size:11.0000pt;"><font face="ç线"><span leaf=""><span textstyle="" style="font-size: 17px;">-37%</span></span></font></span></p></td></tr></tbody></table><section data-layout-id="29" style="font-size: 17px;font-weight: 400;color: rgba(0,0,0,0.9);line-height: 1.8;margin-bottom: 24px;"><span leaf=""><span textstyle="" style="color: rgb(31, 31, 31);">è½ç¶ä¸å£åº¦èèµæ»éææä¸éï¼ä½è¿æ´å¤åæ äºå¸åºå»æ æè¿ç¨ä¸çéµç以åèèµæ¸ éåé¶è¡ä¿¡è´·ã项ç®å¶è½¬åçç»ææ§è°æ´ãå¢å åºå¸èèµææ¬å¨2026å¹´ä¸å£åº¦ç»´æå¨2.73%çä½ä½ï¼æ¾ç¤ºåºå¤®å½ä¼åä¼è´¨æ°ä¼ä¾ç¶æ¥æ强大çèèµä¿¡ç¨ä¼å¿ã</span></span></section><h1 data-layout-id="30" style="font-size: 20px;font-weight: 500;color: rgba(42, 174, 103, 1);line-height: 1.8;margin-bottom: 12px;text-align: center;"><span leaf="">第åç« å¸åºè¡æ ï¼å¨Lå磨åºä¸åè²ååå¼å¤è</span></h1><section data-layout-id="31" style="font-size: 17px;font-weight: 400;color: rgba(0,0,0,0.9);line-height: 1.8;margin-bottom: 24px;"><span leaf=""><span textstyle="" style="color: rgb(31, 31, 31);">2026å¹´ä¸å£åº¦ï¼å ¨å½æ¿å°äº§å¸åºåç°åºå ¸åçâçåºæâç¹å¾ï¼æ»é缩éãè·å¹ æ¶çªãç»æååãå2025å¹´åæé«åºæ°å½±åï¼ä¸å£åº¦æ交è§æ¨¡è½ç¶åè½ï¼ä½æ ¸å¿ææ çä¼ç¨³ä¿¡å·å·²æåæç¡®ã</span></span></section><h2 data-layout-id="32" style="font-size: 17px;font-weight: 500;color: rgba(42, 174, 103, 1);line-height: 1.8;margin-bottom: 12px;"><span leaf="">4.1 æ¿ä»·è¶å¿ï¼æ¢è·åå¸åæ°é«</span></h2><section data-layout-id="33" style="font-size: 17px;font-weight: 400;color: rgba(0,0,0,0.9);line-height: 1.8;margin-bottom: 24px;"><span leaf=""><span textstyle="" style="color: rgb(31, 31, 31);">2026å¹´2æï¼å½å®¶ç»è®¡å±å ¬å¸ç70个大ä¸åå¸ä»·æ ¼æ°æ®éæ¾äºå¼ºççå稳信å·ãæ°æ¿ä»·æ ¼ç¯æ¯æ¢è·åå¸æ°éè¾¾å°17个ï¼åä¸èª2025å¹´ä¸å年以æ¥çæé«çºªå½ãå京ãä¸æµ·æ°æ¿ä»·æ ¼ç¯æ¯ä¸æ¶¨0.2%ï¼ä¸çº¿åå¸æ´ä½å®ç°äºç±é转平ï¼æä¸ºå ¨å½å¸åºçé¢å¤´ç¾ã</span></span></section><section data-layout-id="34" style="font-size: 17px;font-weight: 400;color: rgba(0,0,0,0.9);line-height: 1.8;margin-bottom: 24px;"><span leaf="">2026å¹´ä¸å£åº¦å ¨å½éç¹åå¸æ°æ¿æ交æ¦åµ</span></section><table style="border-collapse:collapse;width:581px;margin-left:5.4000pt;mso-table-layout-alt:fixed;border:none;mso-border-left-alt:0.7500pt solid rgb(0,0,0);mso-border-top-alt:0.7500pt solid rgb(0,0,0);mso-border-right-alt:0.7500pt solid rgb(0,0,0);mso-border-bottom-alt:0.7500pt solid rgb(0,0,0);mso-border-insideh:0.7500pt solid rgb(0,0,0);mso-border-insidev:0.7500pt solid rgb(0,0,0);mso-padding-alt:5.0000pt 5.0000pt 5.0000pt 5.0000pt;"><tbody><tr><td data-colwidth="124" width="124" valign="top" style="padding: 12pt 9pt 12pt 0pt;border-width: 1pt;border-style: solid;border-color: rgb(0, 0, 0);"><p style="margin-top: 12.0000pt;margin-bottom: 24px;line-height: 1.8;font-size: 17px;font-weight: 400;color: rgba(0,0,0,0.9);"><b><span dir="LTR" style="font-family:ç线;color:rgb(31,31,31);font-weight:bold;font-size:11.0000pt;"><font face="ç线"><span leaf=""><span textstyle="" style="font-size: 17px;">è½çº§åå¸</span></span></font></span></b></p></td><td data-colwidth="149" width="124" valign="top" style="padding: 12pt 9pt 12pt 0pt;border-left: none;border-right: 1pt solid rgb(0, 0, 0);border-top: 1pt solid rgb(0, 0, 0);border-bottom: 1pt solid rgb(0, 0, 0);"><p style="margin-top: 12.0000pt;margin-bottom: 24px;line-height: 1.8;font-size: 17px;font-weight: 400;color: rgba(0,0,0,0.9);"><b><span dir="LTR" style="font-family:ç线;color:rgb(31,31,31);font-weight:bold;font-size:11.0000pt;"><font face="ç线"><span leaf=""><span textstyle="" style="font-size: 17px;">æ交é¢ç§¯ï¼ä¸ã¡ï¼</span></span></font></span></b></p></td><td data-colwidth="91" width="124" valign="top" style="padding: 12pt 9pt 12pt 0pt;border-left: none;border-right: 1pt solid rgb(0, 0, 0);border-top: 1pt solid rgb(0, 0, 0);border-bottom: 1pt solid rgb(0, 0, 0);"><p style="margin-top: 12.0000pt;margin-bottom: 24px;line-height: 1.8;font-size: 17px;font-weight: 400;color: rgba(0,0,0,0.9);"><b><span dir="LTR" style="font-family:ç线;color:rgb(31,31,31);font-weight:bold;font-size:11.0000pt;"><font face="ç线"><span leaf=""><span textstyle="" style="font-size: 17px;">åæ¯åå¨</span></span></font></span></b></p></td><td data-colwidth="93" width="124" valign="top" style="padding: 12pt 9pt 12pt 0pt;border-left: none;border-right: 1pt solid rgb(0, 0, 0);border-top: 1pt solid rgb(0, 0, 0);border-bottom: 1pt solid rgb(0, 0, 0);"><p style="margin-top: 12.0000pt;margin-bottom: 24px;line-height: 1.8;font-size: 17px;font-weight: 400;color: rgba(0,0,0,0.9);"><b><span dir="LTR" style="font-family:ç线;color:rgb(31,31,31);font-weight:bold;font-size:11.0000pt;"><font face="ç线"><span leaf=""><span textstyle="" style="font-size: 17px;">ç¯æ¯åå¨</span></span></font></span></b></p></td><td data-colwidth="124" width="124" valign="top" style="padding: 12pt 0pt;border-left: none;border-right: 1pt solid rgb(0, 0, 0);border-top: 1pt solid rgb(0, 0, 0);border-bottom: 1pt solid rgb(0, 0, 0);"><p style="margin-top: 12.0000pt;margin-bottom: 24px;line-height: 1.8;font-size: 17px;font-weight: 400;color: rgba(0,0,0,0.9);"><b><span dir="LTR" style="font-family:ç线;color:rgb(31,31,31);font-weight:bold;font-size:11.0000pt;"><font face="ç线"><span leaf=""><span textstyle="" style="font-size: 17px;">æ¶åå¨æï¼æï¼</span></span></font></span></b></p></td></tr><tr><td data-colwidth="124" width="124" valign="top" style="padding: 12pt 9pt 12pt 0pt;border-left: 1pt solid rgb(0, 0, 0);border-right: 1pt solid rgb(0, 0, 0);border-top: none;border-bottom: 1pt solid rgb(0, 0, 0);"><p style="margin-top: 12.0000pt;margin-bottom: 24px;line-height: 1.8;font-size: 17px;font-weight: 400;color: rgba(0,0,0,0.9);"><span dir="LTR" style="font-family:ç线;color:rgb(31,31,31);font-size:11.0000pt;"><font face="ç线"><span leaf=""><span textstyle="" style="font-size: 17px;">ä¸çº¿åå¸</span></span></font></span></p></td><td data-colwidth="149" width="124" valign="top" style="padding: 12pt 9pt 12pt 0pt;border-left: none;border-right: 1pt solid rgb(0, 0, 0);border-top: none;border-bottom: 1pt solid rgb(0, 0, 0);"><p style="margin-top: 12.0000pt;margin-bottom: 24px;line-height: 1.8;font-size: 17px;font-weight: 400;color: rgba(0,0,0,0.9);"><span dir="LTR" style="font-family:ç线;color:rgb(31,31,31);font-size:11.0000pt;"><font face="ç线"><span leaf=""><span textstyle="" style="font-size: 17px;">345.4</span></span></font></span></p></td><td data-colwidth="91" width="124" valign="top" style="padding: 12pt 9pt 12pt 0pt;border-left: none;border-right: 1pt solid rgb(0, 0, 0);border-top: none;border-bottom: 1pt solid rgb(0, 0, 0);"><p style="margin-top: 12.0000pt;margin-bottom: 24px;line-height: 1.8;font-size: 17px;font-weight: 400;color: rgba(0,0,0,0.9);"><span dir="LTR" style="font-family:ç线;color:rgb(31,31,31);font-size:11.0000pt;"><font face="ç线"><span leaf=""><span textstyle="" style="font-size: 17px;">-35%</span></span></font></span></p></td><td data-colwidth="93" width="124" valign="top" style="padding: 12pt 9pt 12pt 0pt;border-left: none;border-right: 1pt solid rgb(0, 0, 0);border-top: none;border-bottom: 1pt solid rgb(0, 0, 0);"><p style="margin-top: 12.0000pt;margin-bottom: 24px;line-height: 1.8;font-size: 17px;font-weight: 400;color: rgba(0,0,0,0.9);"><span dir="LTR" style="font-family:ç线;color:rgb(31,31,31);font-size:11.0000pt;"><font face="ç线"><span leaf=""><span textstyle="" style="font-size: 17px;">-34%</span></span></font></span></p></td><td data-colwidth="124" width="124" valign="top" style="padding: 12pt 0pt;border-left: none;border-right: 1pt solid rgb(0, 0, 0);border-top: none;border-bottom: 1pt solid rgb(0, 0, 0);"><p style="margin-top: 12.0000pt;margin-bottom: 24px;line-height: 1.8;font-size: 17px;font-weight: 400;color: rgba(0,0,0,0.9);"><span dir="LTR" style="font-family:ç线;color:rgb(31,31,31);font-size:11.0000pt;"><font face="ç线"><span leaf=""><span textstyle="" style="font-size: 17px;">25.8</span></span></font></span></p></td></tr><tr><td data-colwidth="124" width="124" valign="top" style="padding: 12pt 9pt 12pt 0pt;border-left: 1pt solid rgb(0, 0, 0);border-right: 1pt solid rgb(0, 0, 0);border-top: none;border-bottom: 1pt solid rgb(0, 0, 0);"><p style="margin-top: 12.0000pt;margin-bottom: 24px;line-height: 1.8;font-size: 17px;font-weight: 400;color: rgba(0,0,0,0.9);"><span dir="LTR" style="font-family:ç线;color:rgb(31,31,31);font-size:11.0000pt;"><font face="ç线"><span leaf=""><span textstyle="" style="font-size: 17px;">äºçº¿åå¸</span></span></font></span></p></td><td data-colwidth="149" width="124" valign="top" style="padding: 12pt 9pt 12pt 0pt;border-left: none;border-right: 1pt solid rgb(0, 0, 0);border-top: none;border-bottom: 1pt solid rgb(0, 0, 0);"><p style="margin-top: 12.0000pt;margin-bottom: 24px;line-height: 1.8;font-size: 17px;font-weight: 400;color: rgba(0,0,0,0.9);"><span dir="LTR" style="font-family:ç线;color:rgb(31,31,31);font-size:11.0000pt;"><font face="ç线"><span leaf=""><span textstyle="" style="font-size: 17px;">1496.9</span></span></font></span></p></td><td data-colwidth="91" width="124" valign="top" style="padding: 12pt 9pt 12pt 0pt;border-left: none;border-right: 1pt solid rgb(0, 0, 0);border-top: none;border-bottom: 1pt solid rgb(0, 0, 0);"><p style="margin-top: 12.0000pt;margin-bottom: 24px;line-height: 1.8;font-size: 17px;font-weight: 400;color: rgba(0,0,0,0.9);"><span dir="LTR" style="font-family:ç线;color:rgb(31,31,31);font-size:11.0000pt;"><font face="ç线"><span leaf=""><span textstyle="" style="font-size: 17px;">-36%</span></span></font></span></p></td><td data-colwidth="93" width="124" valign="top" style="padding: 12pt 9pt 12pt 0pt;border-left: none;border-right: 1pt solid rgb(0, 0, 0);border-top: none;border-bottom: 1pt solid rgb(0, 0, 0);"><p style="margin-top: 12.0000pt;margin-bottom: 24px;line-height: 1.8;font-size: 17px;font-weight: 400;color: rgba(0,0,0,0.9);"><span dir="LTR" style="font-family:ç线;color:rgb(31,31,31);font-size:11.0000pt;"><font face="ç线"><span leaf=""><span textstyle="" style="font-size: 17px;">-33%</span></span></font></span></p></td><td data-colwidth="124" width="124" valign="top" style="padding: 12pt 0pt;border-left: none;border-right: 1pt solid rgb(0, 0, 0);border-top: none;border-bottom: 1pt solid rgb(0, 0, 0);"><p style="margin-top: 12.0000pt;margin-bottom: 24px;line-height: 1.8;font-size: 17px;font-weight: 400;color: rgba(0,0,0,0.9);"><span dir="LTR" style="font-family:ç线;color:rgb(31,31,31);font-size:11.0000pt;"><font face="ç线"><span leaf=""><span textstyle="" style="font-size: 17px;">24.5</span></span></font></span></p></td></tr><tr><td data-colwidth="124" width="124" valign="top" style="padding: 12pt 9pt 12pt 0pt;border-left: 1pt solid rgb(0, 0, 0);border-right: 1pt solid rgb(0, 0, 0);border-top: none;border-bottom: 1pt solid rgb(0, 0, 0);"><p style="margin-top: 12.0000pt;margin-bottom: 24px;line-height: 1.8;font-size: 17px;font-weight: 400;color: rgba(0,0,0,0.9);"><span dir="LTR" style="font-family:ç线;color:rgb(31,31,31);font-size:11.0000pt;"><font face="ç线"><span leaf=""><span textstyle="" style="font-size: 17px;">ä¸å线åå¸</span></span></font></span></p></td><td data-colwidth="149" width="124" valign="top" style="padding: 12pt 9pt 12pt 0pt;border-left: none;border-right: 1pt solid rgb(0, 0, 0);border-top: none;border-bottom: 1pt solid rgb(0, 0, 0);"><p style="margin-top: 12.0000pt;margin-bottom: 24px;line-height: 1.8;font-size: 17px;font-weight: 400;color: rgba(0,0,0,0.9);"><span dir="LTR" style="font-family:ç线;color:rgb(31,31,31);font-size:11.0000pt;"><font face="ç线"><span leaf=""><span textstyle="" style="font-size: 17px;">796.4</span></span></font></span></p></td><td data-colwidth="91" width="124" valign="top" style="padding: 12pt 9pt 12pt 0pt;border-left: none;border-right: 1pt solid rgb(0, 0, 0);border-top: none;border-bottom: 1pt solid rgb(0, 0, 0);"><p style="margin-top: 12.0000pt;margin-bottom: 24px;line-height: 1.8;font-size: 17px;font-weight: 400;color: rgba(0,0,0,0.9);"><span dir="LTR" style="font-family:ç线;color:rgb(31,31,31);font-size:11.0000pt;"><font face="ç线"><span leaf=""><span textstyle="" style="font-size: 17px;">-14%</span></span></font></span></p></td><td data-colwidth="93" width="124" valign="top" style="padding: 12pt 9pt 12pt 0pt;border-left: none;border-right: 1pt solid rgb(0, 0, 0);border-top: none;border-bottom: 1pt solid rgb(0, 0, 0);"><p style="margin-top: 12.0000pt;margin-bottom: 24px;line-height: 1.8;font-size: 17px;font-weight: 400;color: rgba(0,0,0,0.9);"><span dir="LTR" style="font-family:ç线;color:rgb(31,31,31);font-size:11.0000pt;"><font face="ç线"><span leaf=""><span textstyle="" style="font-size: 17px;">-22%</span></span></font></span></p></td><td data-colwidth="124" width="124" valign="top" style="padding: 12pt 0pt;border-left: none;border-right: 1pt solid rgb(0, 0, 0);border-top: none;border-bottom: 1pt solid rgb(0, 0, 0);"><p style="margin-top: 12.0000pt;margin-bottom: 24px;line-height: 1.8;font-size: 17px;font-weight: 400;color: rgba(0,0,0,0.9);"><span dir="LTR" style="font-family:ç线;color:rgb(31,31,31);font-size:11.0000pt;"><font face="ç线"><span leaf=""><span textstyle="" style="font-size: 17px;">30.8</span></span></font></span></p></td></tr><tr><td data-colwidth="124" width="124" valign="top" style="padding: 12pt 9pt 12pt 0pt;border-left: 1pt solid rgb(0, 0, 0);border-right: 1pt solid rgb(0, 0, 0);border-top: none;border-bottom: 1pt solid rgb(0, 0, 0);"><p style="margin-top: 12.0000pt;margin-bottom: 24px;line-height: 1.8;font-size: 17px;font-weight: 400;color: rgba(0,0,0,0.9);"><span dir="LTR" style="font-family:ç线;color:rgb(31,31,31);font-size:11.0000pt;"><font face="ç线"><span leaf=""><span textstyle="" style="font-size: 17px;">å ¨å½éç¹</span></span></font><font face="ç线"><span leaf=""><span textstyle="" style="font-size: 17px;">50å</span></span></font></span></p></td><td data-colwidth="149" width="124" valign="top" style="padding: 12pt 9pt 12pt 0pt;border-left: none;border-right: 1pt solid rgb(0, 0, 0);border-top: none;border-bottom: 1pt solid rgb(0, 0, 0);"><p style="margin-top: 12.0000pt;margin-bottom: 24px;line-height: 1.8;font-size: 17px;font-weight: 400;color: rgba(0,0,0,0.9);"><span dir="LTR" style="font-family:ç线;color:rgb(31,31,31);font-size:11.0000pt;"><font face="ç线"><span leaf=""><span textstyle="" style="font-size: 17px;">2638.7</span></span></font></span></p></td><td data-colwidth="91" width="124" valign="top" style="padding: 12pt 9pt 12pt 0pt;border-left: none;border-right: 1pt solid rgb(0, 0, 0);border-top: none;border-bottom: 1pt solid rgb(0, 0, 0);"><p style="margin-top: 12.0000pt;margin-bottom: 24px;line-height: 1.8;font-size: 17px;font-weight: 400;color: rgba(0,0,0,0.9);"><span dir="LTR" style="font-family:ç线;color:rgb(31,31,31);font-size:11.0000pt;"><font face="ç线"><span leaf=""><span textstyle="" style="font-size: 17px;">-30%</span></span></font></span></p></td><td data-colwidth="93" width="124" valign="top" style="padding: 12pt 9pt 12pt 0pt;border-left: none;border-right: 1pt solid rgb(0, 0, 0);border-top: none;border-bottom: 1pt solid rgb(0, 0, 0);"><p style="margin-top: 12.0000pt;margin-bottom: 24px;line-height: 1.8;font-size: 17px;font-weight: 400;color: rgba(0,0,0,0.9);"><span dir="LTR" style="font-family:ç线;color:rgb(31,31,31);font-size:11.0000pt;"><font face="ç线"><span leaf=""><span textstyle="" style="font-size: 17px;">-30%</span></span></font></span></p></td><td data-colwidth="124" width="124" valign="top" style="padding: 12pt 0pt;border-left: none;border-right: 1pt solid rgb(0, 0, 0);border-top: none;border-bottom: 1pt solid rgb(0, 0, 0);"><p style="margin-top: 12.0000pt;margin-bottom: 24px;line-height: 1.8;font-size: 17px;font-weight: 400;color: rgba(0,0,0,0.9);"><span dir="LTR" style="font-family:ç线;color:rgb(31,31,31);font-size:11.0000pt;"><font face="ç线"><span leaf=""><span textstyle="" style="font-size: 17px;">26.1</span></span></font></span></p></td></tr></tbody></table><section data-layout-id="36" style="font-size: 17px;font-weight: 400;color: rgba(0,0,0,0.9);line-height: 1.8;margin-bottom: 24px;"><span leaf=""><span textstyle="" style="color: rgb(31, 31, 31);">ä»æ°æ®æ¥çï¼è½ç¶æ´ä½è§æ¨¡ä¾ç¶æ¿åï¼ä½ä¸å线åå¸çæ¶ç¼©ååå·²çå ç¼è§£ï¼åæ¯éå¹ æ¾èå°äºä¸äºçº¿åå¸ãè¿è¡¨æå¨ç»åäºè¿åå¹´ç深度è°æ´åï¼ä½è½çº§åå¸çæ°æ¿å¸åºå·²ç»åºæ¬è§¦åºï¼æ£å¨ä½ä½éè¡ä¸å¯»æ¾æ°ç平衡ç¹ã</span></span></section><h2 data-layout-id="37" style="font-size: 17px;font-weight: 500;color: rgba(42, 174, 103, 1);line-height: 1.8;margin-bottom: 12px;"><span leaf="">4.2 æ¡ä¾è§£æï¼ä¸æµ·â沪ä¸æ¡âåçâå°é³æ¥â</span></h2><section data-layout-id="38" style="font-size: 17px;font-weight: 400;color: rgba(0,0,0,0.9);line-height: 1.8;margin-bottom: 24px;"><span leaf=""><span textstyle="" style="color: rgb(31, 31, 31);">2026å¹´2æ25æ¥ä¸æµ·åå¸çâ沪ä¸æ¡âæ°æ¿ï¼æ为å¼é¢ä¸å£åº¦å¸åºç度çå ³é®ç¹ãæ°æ¿å¤§å¹ éä½äºé沪ç±è´æ¿é¨æ§ï¼ç¤¾ä¿ç¼´çº³å¹´éä»3å¹´éè³1å¹´ï¼ï¼å¹¶æ¾èæé«äºå ¬ç§¯é贷款é¢åº¦ï¼å®¶åºæé«å¯è´·324ä¸å ï¼ãæ¿çæåºç«ç«¿è§å½±ï¼3æä¸æ¬ä¸æµ·æ°æ¿æ交å®ç°åæ¯æ£å¢é¿ï¼äºææ¿åæ¥æ交å¤æ¬¡çªç ´åå¥ï¼åä¸è¿5å¹´æ°é«ãè¿ç§ç±äºæ¿çç²¾ååå带æ¥çç»ææ§åæï¼æ£éæ¥åå ¶ä»äºçº¿æ ¸å¿åå¸ä¼ 导ã</span></span></section><h1 data-layout-id="39" style="font-size: 20px;font-weight: 500;color: rgba(42, 174, 103, 1);line-height: 1.8;margin-bottom: 12px;text-align: center;"><span leaf="">第äºç« åå°æåçæè´ååï¼ä»âç²ç®æ¿å°âå°âèµäº§é¿é©â</span></h1><section data-layout-id="40" style="font-size: 17px;font-weight: 400;color: rgba(0,0,0,0.9);line-height: 1.8;margin-bottom: 24px;"><span leaf=""><span textstyle="" style="color: rgb(31, 31, 31);">2026å¹´åå°å¸åºææ¾èçç¹å¾æ¯âç¹ç¶é«çãé¢ç¶å·æ¸ âãæ¿ä¼çæ¿å°é»è¾åçäºæ ¹æ¬æ§é转ï¼å®å¯é失è§æ¨¡ï¼ä¸å¯æéå°åãè¿ç§æè´çå®å ¨æ§å¯¼åï¼å¬çäºæ ¸å¿åå¸ä¼è´¨å°åçç¯çäºå¤ºã</span></span></section><h2 data-layout-id="41" style="font-size: 17px;font-weight: 500;color: rgba(42, 174, 103, 1);line-height: 1.8;margin-bottom: 12px;"><span leaf="">5.1 广å·é©¬åºå°åï¼236亿å°ççè¯ç</span></h2><section data-layout-id="42" style="font-size: 17px;font-weight: 400;color: rgba(0,0,0,0.9);line-height: 1.8;margin-bottom: 24px;"><span leaf=""><span textstyle="" style="color: rgb(31, 31, 31);">2æ25æ¥ï¼å¹¿å·ç æ±æ°å马åºä¸æå°åçæåï¼æ为å¼å¹´ä»¥æ¥ä¸å½åå°å¸åºæéç£ çäºä»¶ã该å°åéç æ±æ°åæ ¸å¿åºãSKPå ¥é©»é¢æãé«ç«¯ä½å® è§åäºä¸èº«ï¼å¸å¼äºè¶ç§ãä¿å©ãå润ç8家顶级æ¿ä¼åæãç«ä»·æç»äº9å°æ¶243è½®ï¼çº¿ä¸å´è§äººæ°è¶ 10ä¸ï¼çè³å¯¼è´åæç³»ç»ä¸åº¦æ¥å µå´©æºã</span></span></section><section data-layout-id="43" style="font-size: 17px;font-weight: 400;color: rgba(0,0,0,0.9);line-height: 1.8;margin-bottom: 24px;"><span leaf=""><span textstyle="" style="color: rgb(31, 31, 31);">æç»ï¼è¶ç§å°äº§ä»¥236.03亿å ã溢价ç26.6%ç代价å»éä¿å©ï¼æ交楼é¢å°ä»·çº¦8.5ä¸å /å¹³æ¹ç±³ãè¿ä¸ä»·æ ¼ä¸ä» å·æ°äºå¹¿å·ä½å® 楼é¢ä»·çºªå½ï¼æ´åå¸åºä¼ éäºä¸ä¸ªæ确信å·ï¼æ ¸å¿å°æ®µçä¼è´¨èµäº§ä¸ä» æ¯æ¿ä¼çâæ¤åæ²³âï¼æ´æ¯è·¨å¨æåå±çâå®æµ·ç¥éâã</span></span></section><h2 data-layout-id="44" style="font-size: 17px;font-weight: 500;color: rgba(42, 174, 103, 1);line-height: 1.8;margin-bottom: 12px;"><span leaf="">5.2 åæååçæ·±å±é»è¾</span></h2><section data-layout-id="45" style="font-size: 17px;font-weight: 400;color: rgba(0,0,0,0.9);line-height: 1.8;margin-bottom: 24px;"><span leaf=""><span textstyle="" style="color: rgb(31, 31, 31);">ä¸å¹¿å·é©¬åºå°åçé«çç¸æ¯ï¼æ®éåå¸çæ§æ¹ãæ´æ°ç±»å°åå¤ä»¥åºä»·æ交</span><span textstyle="" style="color: rgb(0, 0, 0);">ã</span><span textstyle="" style="color: rgb(31, 31, 31);">2026å¹´ä¸å£åº¦ï¼ä¸çº¿åå¸å¹³å溢价çç»´æå¨10.3%ï¼èä¸å线åå¸ä» 为2.4%ãæ¿ä¼æ£å¨ç¨èæ票ï¼å¤®å½ä¼ååèµéä¼å¿æ·±èä¸äºçº¿æ ¸å¿åºåï¼èä¸å°æ¿ä¼ååæå¹³å°åå¨åºåå¸åºæ¿æ 起稳å®å¨çè§è²ã</span></span></section><h1 data-layout-id="46" style="font-size: 20px;font-weight: 500;color: rgba(42, 174, 103, 1);line-height: 1.8;margin-bottom: 12px;text-align: center;"><span leaf="">第å ç« äº§ååè·¨è¶ï¼ä»âææ¿ä½âå°âä½å¥½æ¿âçæ åéå¡</span></h1><section data-layout-id="47" style="font-size: 17px;font-weight: 400;color: rgba(0,0,0,0.9);line-height: 1.8;margin-bottom: 24px;"><span leaf=""><span textstyle="" style="color: rgb(31, 31, 31);">2026å¹´ï¼ä½å® 产åçé»è¾æ£å¨ç»åä¸åºéç»´æå»å¼çè¿ä»£ãå¨â好æ¿åâ建设导åä¸ï¼å±é«ãéé³ãéå çåºå±ææ 被强å¶æåï¼æ°è§èµè½ä¸çé«å¾æ¿ç产åæ£è¿ éæ·æ±°æ§æåºåã</span></span></section><h2 data-layout-id="48" style="font-size: 17px;font-weight: 500;color: rgba(42, 174, 103, 1);line-height: 1.8;margin-bottom: 12px;"><span leaf="">6.1 â好æ¿åâçè¯ä»·æ åï¼å ä¸ä¸å é²</span></h2><section data-layout-id="49" style="font-size: 17px;font-weight: 400;color: rgba(0,0,0,0.9);line-height: 1.8;margin-bottom: 24px;"><span leaf=""><span textstyle="" style="color: rgb(31, 31, 31);">ä½å»ºé¨æç¡®äºâ好æ¿åâç16ç±»ã262项ç»èææ ï¼å°å ¶æ¦æ¬ä¸ºâå ä¸ãå é²ãä¸çãä¸è¦âï¼</span></span></section><section data-layout-id="50" style="font-size: 17px;font-weight: 400;color: rgba(0,0,0,0.9);line-height: 1.8;margin-bottom: 24px;"><span leaf=""><span textstyle="" style="color: rgb(0, 0, 0);">â</span><span textstyle="" style="color: rgb(31, 31, 31);font-weight: bold;">å ä¸</span><span textstyle="" style="color: rgb(31, 31, 31);">ï¼ä¸éãä¸å µãä¸æ¼ãä¸åµãä¸è£ãä¸èã</span></span></section><section data-layout-id="51" style="font-size: 17px;font-weight: 400;color: rgba(0,0,0,0.9);line-height: 1.8;margin-bottom: 24px;"><span leaf=""><span textstyle="" style="color: rgb(0, 0, 0);">â</span><span textstyle="" style="color: rgb(31, 31, 31);font-weight: bold;">å é²</span><span textstyle="" style="color: rgb(31, 31, 31);">ï¼é²çµãé²ç«ãé²ç¾ãé²çãé²æãé²æã</span></span></section><section data-layout-id="52" style="font-size: 17px;font-weight: 400;color: rgba(0,0,0,0.9);line-height: 1.8;margin-bottom: 24px;"><span leaf=""><span textstyle="" style="color: rgb(0, 0, 0);">â</span><span textstyle="" style="color: rgb(31, 31, 31);font-weight: bold;">ç©çææ æå</span><span textstyle="" style="color: rgb(31, 31, 31);">ï¼å±é«ä»2.8ç±³æåè³ä¸ä½äº3ç±³ï¼æ¥¼æ¿éé³è¦æ±éä½10个åè´ï¼4å±ä»¥ä¸å è£ çµæ¢¯ã</span></span></section><p data-layout-id="53" style="font-size: 17px;font-weight: 400;color: rgba(0,0,0,0.9);line-height: 1.8;margin-bottom: 24px;"><span leaf=""><span textstyle="" style="color: rgb(31, 31, 31);">è¿äºæ åçè½å°ï¼ä½¿å¾ä½æ¿ä¸ååªæ¯é¢çæ··ååçå ç ï¼èæ¯åæäºå ³æ³¨å± ä½è ççåå¿çå¥åº·çâå¥åº·å®¹å¨âã</span></span></p><h2 data-layout-id="54" style="font-size: 17px;font-weight: 500;color: rgba(42, 174, 103, 1);line-height: 1.8;margin-bottom: 12px;"><span leaf="">6.2 æ·åé©å½ï¼è¶ 100%å¾æ¿çæ¶ä»£çå°æ¥</span></h2><section data-layout-id="55" style="font-size: 17px;font-weight: 400;color: rgba(0,0,0,0.9);line-height: 1.8;margin-bottom: 24px;"><span leaf=""><span textstyle="" style="color: rgb(31, 31, 31);">åçäºåå°å®¹ç§¯ç计ç®åæ³ç修订ï¼2026å¹´ä¸å£åº¦æ¶ç°åºä¸å¤§æ¹æå ·æ伤åçæ°è§äº§åã广å·å°é³å°é¢ç§¯å æ¯ä»15%æåè³20%ï¼é£çªæ·±åº¦æ©å±è³80åç±³ã</span></span></section><section data-layout-id="56" style="font-size: 17px;font-weight: 400;color: rgba(0,0,0,0.9);line-height: 1.8;margin-bottom: 24px;"><span leaf="">å ¸åæ°è§äº§ååæ°ç»è对æ¯</span></section><table style="border-collapse:collapse;width:528px;margin-left:-3.6000pt;mso-table-layout-alt:fixed;border:none;mso-border-left-alt:0.7500pt solid rgb(0,0,0);mso-border-top-alt:0.7500pt solid rgb(0,0,0);mso-border-right-alt:0.7500pt solid rgb(0,0,0);mso-border-bottom-alt:0.7500pt solid rgb(0,0,0);mso-border-insideh:0.7500pt solid rgb(0,0,0);mso-border-insidev:0.7500pt solid rgb(0,0,0);mso-padding-alt:5.0000pt 5.0000pt 5.0000pt 5.0000pt;"><tbody><tr><td data-colwidth="93" width="156" valign="top" style="padding: 6pt 9pt;border-width: 1pt;border-style: solid;border-color: rgb(0, 0, 0);background: rgb(248, 250, 253);"><p style="margin-top: 6.0000pt;margin-bottom: 24px;line-height: 1.8;font-size: 17px;font-weight: 400;color: rgba(0,0,0,0.9);"><b><span dir="LTR" style="font-family:ç线;color:rgb(31,31,31);font-weight:bold;font-size:11.0000pt;"><font face="ç线"><span leaf=""><span textstyle="" style="font-size: 17px;">åå¸</span></span></font></span></b></p></td><td data-colwidth="120" width="156" valign="top" style="padding: 6pt 9pt;border-left: none;border-right: 1pt solid rgb(0, 0, 0);border-top: 1pt solid rgb(0, 0, 0);border-bottom: 1pt solid rgb(0, 0, 0);background: rgb(248, 250, 253);"><p style="margin-top: 6.0000pt;margin-bottom: 24px;line-height: 1.8;font-size: 17px;font-weight: 400;color: rgba(0,0,0,0.9);"><b><span dir="LTR" style="font-family:ç线;color:rgb(31,31,31);font-weight:bold;font-size:11.0000pt;"><font face="ç线"><span leaf=""><span textstyle="" style="font-size: 17px;">å ¸å项ç®</span></span></font></span></b></p></td><td data-colwidth="178" width="156" valign="top" style="padding: 6pt 9pt;border-left: none;border-right: 1pt solid rgb(0, 0, 0);border-top: 1pt solid rgb(0, 0, 0);border-bottom: 1pt solid rgb(0, 0, 0);background: rgb(248, 250, 253);"><p style="margin-top: 6.0000pt;margin-bottom: 24px;line-height: 1.8;font-size: 17px;font-weight: 400;color: rgba(0,0,0,0.9);"><b><span dir="LTR" style="font-family:ç线;color:rgb(31,31,31);font-weight:bold;font-size:11.0000pt;"><font face="ç线"><span leaf=""><span textstyle="" style="font-size: 17px;">åæ°ç»èä¸æ ¸å¿äº®ç¹</span></span></font></span></b></p></td><td data-colwidth="137" width="156" valign="top" style="padding: 6pt 9pt;border-left: none;border-right: 1pt solid rgb(0, 0, 0);border-top: 1pt solid rgb(0, 0, 0);border-bottom: 1pt solid rgb(0, 0, 0);background: rgb(248, 250, 253);"><p style="margin-top: 6.0000pt;margin-bottom: 24px;line-height: 1.8;font-size: 17px;font-weight: 400;color: rgba(0,0,0,0.9);"><b><span dir="LTR" style="font-family:ç线;color:rgb(31,31,31);font-weight:bold;font-size:11.0000pt;"><font face="ç线"><span leaf=""><span textstyle="" style="font-size: 17px;">ææä¸å¾æ¿ç表ç°</span></span></font></span></b></p></td></tr><tr><td data-colwidth="93" width="156" valign="top" style="padding: 6pt 9pt;border-left: 1pt solid rgb(0, 0, 0);border-right: 1pt solid rgb(0, 0, 0);border-top: none;border-bottom: 1pt solid rgb(0, 0, 0);background: rgb(248, 250, 253);"><p style="margin-top: 6.0000pt;margin-bottom: 24px;line-height: 1.8;font-size: 17px;font-weight: 400;color: rgba(0,0,0,0.9);"><span dir="LTR" style="font-family:ç线;color:rgb(31,31,31);font-size:11.0000pt;"><font face="ç线"><span leaf=""><span textstyle="" style="font-size: 17px;">广å·</span></span></font></span></p></td><td data-colwidth="120" width="156" valign="top" style="padding: 6pt 9pt;border-left: none;border-right: 1pt solid rgb(0, 0, 0);border-top: none;border-bottom: 1pt solid rgb(0, 0, 0);background: rgb(248, 250, 253);"><p style="margin-top: 6.0000pt;margin-bottom: 24px;line-height: 1.8;font-size: 17px;font-weight: 400;color: rgba(0,0,0,0.9);"><span dir="LTR" style="font-family:ç线;color:rgb(31,31,31);font-size:11.0000pt;"><font face="ç线"><span leaf=""><span textstyle="" style="font-size: 17px;">åè¿ </span></span></font><font face="ç线"><span leaf=""><span textstyle="" style="font-size: 17px;">Â·æ¨¾å ¬é¦</span></span></font></span></p></td><td data-colwidth="178" width="156" valign="top" style="padding: 6pt 9pt;border-left: none;border-right: 1pt solid rgb(0, 0, 0);border-top: none;border-bottom: 1pt solid rgb(0, 0, 0);background: rgb(248, 250, 253);"><p style="line-height: 1.8;font-size: 17px;font-weight: 400;color: rgba(0,0,0,0.9);margin-bottom: 24px;"><span dir="LTR" style="font-family:ç线;color:rgb(31,31,31);font-size:11.0000pt;"><font face="ç线"><span leaf=""><span textstyle="" style="font-size: 17px;">é³å°åèµ é</span></span></font><font face="ç线"><span leaf=""><span textstyle="" style="font-size: 17px;">+å ¨å±é£çªï¼98ã¡åæ3+1æ¿ä¸¤å«æ ¼å± </span></span></font></span><sup><span dir="LTR" style="font-family:ç线;line-height:114%;color: rgba(42, 174, 103, 1);font-size:12.0000pt;vertical-align:super;"><font face="ç线"><span leaf=""><br /></span></font></span></sup></p></td><td data-colwidth="137" width="156" valign="top" style="padding: 6pt 9pt;border-left: none;border-right: 1pt solid rgb(0, 0, 0);border-top: none;border-bottom: 1pt solid rgb(0, 0, 0);background: rgb(248, 250, 253);"><p style="line-height: 1.8;font-size: 17px;font-weight: 400;color: rgba(0,0,0,0.9);margin-bottom: 24px;"><span dir="LTR" style="font-family:ç线;color:rgb(31,31,31);font-size:11.0000pt;"><font face="ç线"><span leaf=""><span textstyle="" style="font-size: 17px;">å®é 使ç¨çé«è¾¾</span></span></font><font face="ç线"><span leaf=""><span textstyle="" style="font-size: 17px;">119% </span></span></font></span><sup><span dir="LTR" style="font-family:ç线;line-height:114%;color: rgba(42, 174, 103, 1);font-size:12.0000pt;vertical-align:super;"><font face="ç线"><span leaf=""><br /></span></font></span></sup></p></td></tr><tr><td data-colwidth="93" width="156" valign="top" style="padding: 6pt 9pt;border-left: 1pt solid rgb(0, 0, 0);border-right: 1pt solid rgb(0, 0, 0);border-top: none;border-bottom: 1pt solid rgb(0, 0, 0);background: rgb(248, 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style="font-family:ç线;color:rgb(31,31,31);font-size:11.0000pt;"><font face="ç线"><span leaf=""><span textstyle="" style="font-size: 17px;">103ã¡æ·åå¾æ¿çè¾¾100%</span></span></font></span></p></td></tr><tr><td data-colwidth="93" width="156" valign="top" style="padding: 6pt 9pt;border-left: 1pt solid rgb(0, 0, 0);border-right: 1pt solid rgb(0, 0, 0);border-top: none;border-bottom: 1pt solid rgb(0, 0, 0);background: rgb(248, 250, 253);"><p style="margin-top: 6.0000pt;margin-bottom: 24px;line-height: 1.8;font-size: 17px;font-weight: 400;color: rgba(0,0,0,0.9);"><span dir="LTR" style="font-family:ç线;color:rgb(31,31,31);font-size:11.0000pt;"><font face="ç线"><span leaf=""><span textstyle="" style="font-size: 17px;">ä¸æµ·</span></span></font></span></p></td><td data-colwidth="120" width="156" valign="top" style="padding: 6pt 9pt;border-left: none;border-right: 1pt solid rgb(0, 0, 0);border-top: none;border-bottom: 1pt solid rgb(0, 0, 0);background: rgb(248, 250, 253);"><p style="margin-top: 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