???㈡?伴?昏??? | ?规??姒?

?跨?寮?瀵煎????浼?涓???璧???姹??虹??锛????㈡?伴?昏????虫敞? 锛?寮?骞翠互?
锛?浜т??轰?绾у??哄??琛???杈?寰?骞存???炬椿璺???

??甯告??涔?涓?锛?浜т??烘?????ㄤ?浜т?椤圭????ゅ?诲?????洪?ㄥ????淇＄?ㄥ? ???哄?稿??琛?涓讳???甯告??杈?寮虹????富缁??ヨ?藉???????╄?藉?????伴??娴?浜х???藉?? 锛???琛?涓讳?娑电???戒? ??姘?浼?
??澶?浼?绛?浼?涓?绫诲??
锛?琛?涓?灞??㈤??甯??堕??涓????芥?涓? ??浜ら??杩?杈?涓?绛?澶?涓?淮搴
??

Wind?剧ず锛???????6? 锛?2025骞翠互?
锛??ㄥ??哄?辫???琛?1791??骇涓??锛?绱????琛?瑙?妯?.70涓?浜垮?? 锛???琛?瑙?妯″??杩?浜?骞翠???锛???琛??伴??????琛?瑙?妯″??姣????????.92%??20.28%??

?朵腑锛?浜ゆ??????琛?涓?甯???浜т??烘?伴???存????姣?澧???0.36%??13?
锛???琛?瑙?妯¤??诲勾????????28.52%??691.08浜垮?? ??

涓?俊璇??搁?甯??娴?瀛﹀?????瀵圭???㈡?伴?昏〃绀锛?杩?骞存?ュ??哄?╃??涓??㈡?翠?涓?琛? 锛?淇＄?ㄥ?╁樊??缂
锛??哄?稿??琛??╃????浣?锛?浼?涓???璧??????捐??涓??? 锛??稿?浜??村?浼?涓???杩???琛?浜т??烘?ョ???璧???
??

Wind?剧ず
锛???????6?锛?????琛??╃??缁?璁＄??1702???涓????浜ф????绁ㄦ??互??灏????存?版?版????浜т??猴?浜т??虹????琛??╃?????间负2.27%??杩?涓?骞冲????琛??╃??宸茶?2024骞村????涓???55涓?p 锛?杈?2023骞村??绫绘?版????灏?116涓?p ??

??灏界?骞村???哄?稿??哄?虹?颁?浜?璋??
锛?浣?????淇＄?ㄥ?鸿??璧??????璐锋??告?浠??锋?т环姣?锛?棰?璁?025骞翠?璐ㄥぎ?戒?浜т??哄??琛?灏?缁х画淇???杈?楂?澧???
?? ???ㄤ??归??璇???绌跺??灞??ㄦ?ц??荤??浜?涓藉嘲??? 锛?????????杞?????????骞冲?
????????
锛?????浼?涓???????浜т???璧?
?????鸿??????甯????＄?棰???杞???锛?涔?灏?杩?涓?姝ユ?ㄥ?ㄤ骇涓?绫诲?版?瑰?戒??哄??琛?瑙?妯＄??澧????

?戒俊璧?绠＄?璁 锛?2024骞翠骇涓??哄??琛?绾?.20涓?浜垮??锛?????璧?棰?1.69涓?浜垮??
锛??告?2022 ??2023骞翠?缁???????璧?棰????????鹃?? ???朵腑???堕????
?????ㄤ?涓???浜ら??杩?杈? ??寤虹?瑁?楗???ょ???虫补琛?涓????哄?稿??琛?????璁″??姣?杈?/3锛?????璧?棰???姣?绾﹁揪72%??

???㈡?伴?昏???浜?瑙ｅ? 锛?寮?骞村??
锛???绠″??㈠?浜?浜т??虹???虫敞宸叉?捐??????
??

1??13?锛?涓??借???浼????2025骞寸郴缁?宸ヤ?浼?璁??ㄧ讲?扮??涓?骞撮???瑰伐浣??朵究琛ㄧず 锛?瑕?寮哄?????藉???
锛?????????缁?娴???绋冲??濂锛?骞剁?瑰????纭?????楂?浜т??鸿??璧?姣???????

2??28? 锛?涓?娴疯??镐氦???????荤?????澶??跺?ㄩ????????姘??ヤ?涓?楂?璐ㄩ????灞?搴ц?浼?涓?涔?琛ㄧず
锛???澶у?姘??ヤ?涓??哄?歌??璧?????????搴锛?????????浜т?浼?涓???琛?涓??寰??涓??????
??楂????夸骇涓??虹????逛骇?? ??

浠?骞翠袱浼???? 锛??垮?宸ヤ??ュ??澶?娆″己璋?浜?瀵规??ョ?娴???绉???浼?涓?????璧?????
锛????舵???拌???蹇??灞?娆″?哄?稿??哄??灞?锛?绛瑰???ㄦ???ラ???舵?ㄥ?哄?哄?哥????
??

澶?缁村害??绠￠??变互???跨?淇″?烽???句? 锛?澶?浣???璁夸汉澹??????㈡?伴?昏???琛ㄧず锛???濂戒?骞存???充?浜т???绾ч?????浜т??烘?瑰???板???璧???

??涓??归?
锛????︿?缁?浜т??归????绾у???板???杞????稿?充富浣?浜т??鸿??璧???渚??跺??? ???????靛?? ????宸
???ょ???瑁?澶? ?????茶?浜?浼?缁?浜т??ㄦ????浜т?绫昏??璧?涓??????瀵规???锛???璧?浣???????缁存??杈?楂?姘村钩
?? ??涓??淇″?介????绌堕?㈡?ц??㈤?胯?娴烽??璁や负??

???︿??归? 锛????伴???
???板?撮?????璧?涔?????澧?? ??浠?骞存?垮?宸ヤ??ュ??棣????硅?测???疯韩?鸿?解??????6G??浜т?
锛?????????戒?涓? ?????浼?涓???灞?锛??稿?充?涓?浜т??鸿??璧???????寰?
??
??琚?娴烽??琛ㄧず??

????璁や负 锛?浜т??虹??琛?涓???涓?害???戒???????
锛??村????涓??ㄥ??杩??堕??涓?
??涓?绮剧?规?扮????归???锛?杩?浜?棰???瀵硅?????姹?澶 锛?涓?绗﹀???藉?浜т??跨?瀵煎?? ??

浠ヤ腑?藉?藉???璺????㈡???????镐负渚?
锛?寮?骞翠互?锛?璇ュ???稿凡?ㄦ勃娣变氦??????琛??????哄?
??

???稿?哄?稿????璇存??涔︽??? 锛????告????哄?稿????璧????婚?涓?000浜垮??
锛??朵腑800浜垮????璧?浜???璺?缓璁鹃」?锛?250浜垮???ㄤ?瑁?澶?璐?疆 锛?1950浜垮???ㄤ??哄?＄???璋????

姝ゅ?锛?杩???
锛?娴峰??????锛?603300.SH锛??ㄤ?浜ゆ????????琛?3.6浜垮????楂????夸骇涓??哄?糕??25????01?? ??

????锛?璇ュ?哄?告???澶?璧?浜х???琛?涓??ㄥ?介??????稿?哄????哄?哥?卞??瀹?璇??告??浠讳富?块???? 锛??哄?搁?ㄥ??????璧???灏??ㄤ???璐??轰?浜哄伐?鸿?芥ā??璁?????ㄧ????绠???璁惧?
??

?惰??
锛??ㄤ?绾у??轰骇涓??哄??琛??鹃????璐ㄦ???剧???????锛?浜?绾у??哄?? 锛????㈡?伴?昏???浠?涓????锋??
锛?浜т??烘??ㄦ?у?缁?瀛??ㄦ椿璺?搴︿????????

??????????锛??惰??ㄤ骇涓??哄?哥??璐?拱涓???涓诲??颁? 锛?杩?琛?浜ゆ??????姹?杈?浣? ???ら?惰?璧???浠ュ?
锛???????涓?浜т??烘??璧?????璧???杩???淇??╁??????稿?? ???洪??绛??烘????璧???锛?杩?浜??烘??瀵归?淇＄?ㄧ?绾т骇涓??虹????姹?渚??舵?虹??
??

??浣??╃?????涓???璧?浜ц?????煎?寤剁画 锛??烘????璧????????板??ㄦ?т??т环姣?
锛?瀵瑰ぎ浼?
???戒???琛???涓??挎??浜т??洪??缃???姹?杈?楂??? ??琚?娴烽??璁や负 ??

灏卞??缁???璧??轰???瑷?锛??戒俊璧?绠″???? 锛?褰???锛?瀛???浜т??哄??ㄨ?绾т互涓??绛?绾т负涓
锛??告?浜??????锛?浜т???琛?浜烘????琛??垮?绾ц?楂???瑙?妯¤?澶э???绉?涓? 锛??跨????????绉?杈?涓洪??
锛?涓?涔?瓒??夸?????浜ゆ椿璺???楂?绛?绾у?哥?锛??ㄨ??讳?骞寸???╃???夸???琛???涓??绫诲??绉?涔?琛ㄧ?拌??ソ
??

??澶?????版?瑰?戒?瀛??ㄤ?瀹?????????绌洪? 锛???缁??板?瑙?妯″?????杩?涓ゅ勾浜т??板??涓讳???涓?瀹?澧???
锛?棣???????涓?瀹?婧?环锛?濡?涓?浜?绾у??╃?? ????璧?澶??姘哥画?虹??ョ? ??
???戒俊璧?绠¤〃绀
??

??璧?椋??╁?? 锛?浜?涓藉嘲璁や负
锛?缁???浜?涓?杞???杩?绾︽疆??浠ュ??锛?浜т??轰腑??楂?椋??╁??琛?浜洪??姝ュ?烘? 锛?杩?涓ゅ勾浜т??鸿?绾﹂??╂?翠?杈?浣???

涓?姝ゅ???
锛?浜?涓藉嘲???锛?????淇＄?ㄥ?鸿?浜ц??????缁??缁? 锛?????浜т??虹??淇＄?ㄥ?╁樊??绛?绾у?╁樊
???????╁樊绛???澶?浜????茶?浣?姘村钩锛???璧?????瀵瑰?哄?稿??哄????琛?浜哄?烘???㈡???典????虫敞
锛??茶???哄?稿??鸿??????琛?浜哄?烘???㈡?跺??瀵艰?寸??浼板?兼尝? ??淇＄?ㄥ??灞?绛?椋?? ??