{"id":64741,"date":"2022-04-15T15:47:36","date_gmt":"2022-04-15T07:47:36","guid":{"rendered":"https:\/\/www.growthhk.cn\/?p=64741"},"modified":"2022-04-15T15:48:13","modified_gmt":"2022-04-15T07:48:13","slug":"%e9%9d%a0%e4%b8%80%e6%8a%8a%e5%b0%8f%e9%bb%91%e4%bc%9e%e8%b5%b0%e7%ba%a2%e7%9a%84%e8%95%89%e4%b8%8b%e8%a6%81-ipo-%e4%ba%86%ef%bc%8c%e8%83%bd%e5%90%a6%e8%b7%b3%e5%87%ba","status":"publish","type":"post","link":"https:\/\/www.growthhk.cn\/quan\/64741.html","title":{"rendered":"\u9760\u4e00\u628a\u201c\u5c0f\u9ed1\u4f1e\u201d\u8d70\u7ea2\u7684\u8549\u4e0b\u8981 IPO \u4e86\uff0c\u80fd\u5426\u8df3\u51fa\u201c\u8fc7\u5ea6\u8425\u9500\u4e0d\u8d5a\u94b1\u201d\u602a\u5708\uff1f"},"content":{"rendered":"\n<p>\u9732\u8425\u548c\u6237\u5916\u6d3b\u52a8\u8d8a\u6765\u8d8a\u6210\u4e3a\u8fd1\u4e24\u5e74\u6765\u5e74\u8f7b\u4eba\u70ed\u8877\u7684\u4f11\u95f2\u5a31\u4e50\u65b9\u5f0f\u3002\u548c\u7cbe\u81f4\u7684\u9732\u8425\u8bbe\u5907\u3001\u7f8e\u9152\u5927\u9910\u76f8\u5339\u914d\u7684\uff0c\u662f\u7cbe\u5fc3\u51c6\u5907\u7684\u57ce\u5e02\u6237\u5916\u670d\u9970\uff08Urban Outdoor\uff09\u4e43\u81f3\u5c71\u7cfb\u7a7f\u642d\u3002<\/p>\n\n\n\n<p><strong>4 \u6708 8 \u65e5\uff0c\u60f3\u8981\u505a &#8221; \u57ce\u5e02\u6237\u5916\u7b2c\u4e00\u80a1 &#8221; \u7684\u8549\u4e0b\u5411\u6e2f\u4ea4\u6240\u9012\u4ea4\u62db\u80a1\u8bf4\u660e\u4e66\uff0c\u62df\u4e3b\u677f\u6302\u724c\u4e0a\u5e02\uff0c\u4e2d\u91d1\u516c\u53f8\u3001\u6469\u6839\u58eb\u4e39\u5229\u62c5\u4efb\u8054\u5e2d\u4fdd\u8350\u4eba\uff0c\u5e76\u8868\u793a <span class=\"wpcom_tag_link\"><a href=\"https:\/\/www.growthhk.cn\/tag\/ipo\" title=\"IPO\" target=\"_blank\">IPO<\/a><\/span> \u52df\u8d44\u5c06\u52a0\u5f3a\u4ea7\u54c1\u7814\u53d1\uff0c\u63d0\u9ad8\u54c1\u724c\u77e5\u540d\u5ea6\u53ca\u52a0\u5f3a\u5168\u6e20\u9053\u9500\u552e\u7f51\u7edc\u7b49\u3002<\/strong><\/p>\n\n\n\n<p>\u4ece\u89e3\u51b3\u5e74\u8f7b\u5973\u6027\u6d88\u8d39\u8005\u5bf9\u6237\u5916\u9632\u6652\u7684\u9700\u6c42\u5f00\u59cb\uff0c\u8549\u4e0b\u9009\u62e9\u9632\u6652\u4f1e\u8d5b\u9053\u5f00\u8f9f\u5e02\u573a\uff0c\u5360\u9886\u5e74\u8f7b\u5973\u6027\u7684\u5fc3\u667a\uff0c\u540e\u63a8\u51fa\u6237\u5916\u670d\u9970\u3001\u5e3d\u5b50\u7b49\u54c1\u7c7b\uff0c\u901a\u8fc7 DTC\uff08Direct-to-Consumer\uff0c\u76f4\u9762\u6d88\u8d39\u8005\uff09\u6e20\u9053\u9500\u552e\u53ca\u5206\u9500\u7f51\u7edc\u89e6\u8fbe\u6d88\u8d39\u7fa4\u4f53\u3002\u5728\u83b7\u5f97\u7ea2\u6749\u3001\u8702\u5de7\u3001\u534e\u5174\u7b49\u8d44\u672c\u7684\u52a0\u6301\u540e\uff0c\u8fd1\u4e24\u5e74\u589e\u957f\u5341\u5206\u5f3a\u52b2\u3002<\/p>\n\n\n\n<p><strong>\u62db\u80a1\u4e66\u663e\u793a\uff0c2021 \u5e74\u8549\u4e0b\u7684\u8425\u6536\u6536\u5165\u8fbe 24.1 \u4ebf\u5143\uff0c\u540c\u6bd4\u589e\u957f 203.1%\uff0c\u6bdb\u5229\u7387\u63d0\u5347\u81f3 59.1%\u3002<\/strong>\u800c\u5728\u8fc7\u53bb\u4e09\u5e74\uff0c\u8425\u6536\u7ffb\u4e86\u4e94\u500d\uff1a\u8fd1 3 \u5e74\u7684\u8425\u6536\u5206\u522b\u4e3a 3.85 \u4ebf\u5143\u30017.94 \u4ebf\u5143\u300124.21 \u4ebf\u5143\uff0c\u6bdb\u5229\u7387\u5206\u522b\u662f 50.0%\u300157.4%\u300159.1%\uff0c\u9ad8\u4e8e\u884c\u4e1a\u5e73\u5747\u6c34\u5e73\u3002<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.growthhk.cn\/wp-content\/uploads\/2022\/04\/62591f158e9f0953c8513cec_1024.jpg\" alt=\"\"\/><\/figure>\n\n\n\n<p>\u56fe\u7247\u6765\u6e90\uff1a\u8549\u4e0b\u62db\u80a1\u8bf4\u660e\u4e66<\/p>\n\n\n\n<p>\u5f53\u524d\uff0c\u5728\u56fd\u5185\u6237\u5916\u4e0e\u9632\u6652\u6982\u5ff5\u4e2d\uff0c\u5df2\u4e0a\u5e02\u7684\u6709\u505a\u6237\u5916\u8fd0\u52a8\u7528\u54c1\u7684 A \u80a1\u4e0a\u5e02\u516c\u53f8\u4e09\u592b\u6237\u5916\uff0c\u9632\u6652\u5242\u4ea7\u54c1\u9f99\u5934\u516c\u53f8\u79d1\u601d\u80a1\u4efd\uff0c\u4f46\u4e0e\u8549\u4e0b\u76f8\u7c7b\u4f3c\u7684\u56fd\u5185\u4e0a\u5e02\u516c\u53f8\u6682\u65f6\u8fd8\u6ca1\u6709\u51fa\u73b0\u3002<\/p>\n\n\n\n<p>\u5982\u4eca\uff0c\u6b63\u5728\u51b2\u523a\u6e2f\u4ea4\u6240\u7684\u8549\u4e0b\uff0c\u82e5\u6210\u529f\u4e0a\u5e02\uff0c\u5c06\u6210\u4e3a &#8221; \u4e2d\u56fd\u57ce\u5e02\u6237\u5916\u6982\u5ff5\u7b2c\u4e00\u80a1 &#8220;\u3002<\/p>\n\n\n\n<p><strong>\u4f46\u5728\u91ce\u5fc3\u80cc\u540e\uff0c\u5e02\u573a\u4e0a\u5bf9\u4e8e\u8549\u4e0b\u7684\u9690\u5fe7\u4e0e\u7126\u8651\u4e5f\u6ca1\u6709\u505c\u6b62\u3002<\/strong><\/p>\n\n\n\n<p>2021 \u5e74\uff0c\u8549\u4e0b\u5f55\u5f97\u51c0\u4e8f\u635f 54.7 \u4ebf\u5143\u30022019 \u5e74\u2014 2021 \u5e74\uff0c\u7ecf\u8c03\u6574\u51c0\u5229\u6da6\u5206\u522b\u4e3a 1968 \u4e07\u5143\u30013941 \u4e07\u5143\u53ca 1.4 \u4ebf\u5143\uff0c\u4f46\u5176\u5728\u5e7f\u544a\u53ca\u8425\u9500\u4e0a\u7684\u5f00\u652f\u5219\u8fbe\u5230\u4e86 3691 \u4e07\u30011.19 \u4ebf\u548c 5.86 \u4ebf\u5143\u3002 2021 \u5e74\u7684\u8425\u9500\u8d39\u7528\u66f4\u662f\u540c\u6bd4\u589e\u957f 392\uff05\uff0c\u5360 24.1 \u4ebf\u5143\u6536\u5165\u7684\u56db\u5206\u4e4b\u4e00\uff0c\u66b4\u9732\u51fa\u4e0e\u5f53\u4e0b\u8bb8\u591a\u65b0\u54c1\u724c\u76f8\u7c7b\u4f3c\u7684\u8fc7\u5ea6\u8425\u9500\u8bdf\u75c5\u3002<\/p>\n\n\n\n<p>\u65b0\u6d88\u8d39\u5927\u73af\u5883\u8fd8\u5728\u9047\u51b7\uff0c\u54c1\u724c\u7ade\u4e89\u66f4\u52a0\u5185\u5377\uff0c\u6709\u671b\u51b2\u51fb\u9632\u6652\u751a\u81f3\u662f &#8221; \u57ce\u5e02\u6237\u5916\u7b2c\u4e00\u80a1 &#8221; \u7684\u8549\u4e0b\uff0c\u672a\u6765\u53c8\u80fd\u5426\u8d70\u51fa\u8425\u9500\u8fc7\u5ea6\u548c &#8221; \u4e0d\u8d5a\u94b1 &#8221; \u602a\u5708\uff1f<\/p>\n\n\n\n<p><strong>\u5927\u5355\u54c1\u7b56\u7565\u4e0b\uff0c\u8425\u6536\u5f3a\u52b2<\/strong><\/p>\n\n\n\n<p>\u8549\u4e0b\u6210\u7acb\u4e8e 2012 \u5e74\uff0c\u51cf\u5b57\u79d1\u6280\u4e3a\u5176\u63a7\u80a1\u4e3b\u4f53\u3002\u521b\u59cb\u4eba\u9a6c\u9f99\uff0c\u5927\u5b66\u6240\u5b66\u4e13\u4e1a\u4e3a\u9ad8\u5206\u5b50\u6750\u6599\u4e0e\u5de5\u7a0b\uff1b\u8054\u5408\u521b\u59cb\u4eba\u6797\u6cfd\uff0c\u62e5\u6709\u4fe1\u606f\u4e0e\u901a\u4fe1\u5de5\u7a0b\u80cc\u666f\u3002 \u5f7c\u65f6\uff0c\u56fd\u5185\u7545\u9500\u7684\u9632\u6652\u96e8\u4f1e\u54c1\u724c\u662f\u5747\u4ef7 30 \u5143\u4e4b\u5185\u7684\u5929\u5802\u3001\u6885\u82b1\u4f1e\u7b49\u4f20\u7edf\u54c1\u724c\uff0c\u4e24\u4e2a 85 \u540e\u7406\u5de5\u7537\u9009\u62e9\u4ece &#8220;200 \u5143\u4e00\u628a\u7684\u9632\u6652\u96e8\u4f1e &#8221; \u7684\u4e2d\u9ad8\u7aef\u5e02\u573a\u5165\u5c40\uff0c\u53e6\u8f9f\u8e4a\u5f84\uff0c\u7784\u51c6\u5e74\u8f7b\u5973\u6027\u7684\u65f6\u5c1a\u7f8e\u5b66\u9700\u6c42\u3002<\/p>\n\n\n\n<p>\u88ab\u6d88\u8d39\u8005\u5bb9\u6613\u641e\u6df7\u7684\u8fd8\u6709\u53e6\u4e00\u4e2a\u65b0\u54c1\u724c\u8549\u5185\uff0c\u8549\u5185\u66fe\u79f0 2020 \u5e74\u7684\u6536\u5165\u6709 10 \u4ebf\uff0c2021 \u5e74\u53cc 11 \u5c31\u6709 4 \u4ebf\u6536\u5165\uff0c\u800c\u8549\u4e0b 2020 \u5e74\u7684\u6536\u5165\u4e3a 7.94 \u4ebf\u5143\uff0c\u4ece\u6dd8\u5b9d\u7c89\u4e1d\u6570\u4e0a\u6765\u770b\uff0c\u8549\u4e0b\u62e5\u6709 430 \u4e07\u7c89\u4e1d\uff0c\u8549\u5185\u62e5\u6709 450 \u4e07\u7c89\u4e1d\uff0c\u770b\u4e0a\u53bb\u4e24\u4e2a\u54c1\u724c\u4f3c\u4e4e\u6709\u70b9\u5e76\u9a7e\u9f50\u9a71\u3002\u4e0d\u540c\u7684\u662f\uff0c\u8549\u5185\u76ee\u524d\u4e5f\u63a8\u51fa\u9632\u6652\u7cfb\u5217\uff0c\u4f46\u66f4\u4e3a\u4e13\u6ce8\u4f53\u611f\u79d1\u6280\u7684\u5185\u8863\u54c1\u7c7b\uff0c\u800c\u8549\u4e0b\u5219\u4ece\u4e13\u4e1a\u9632\u6652\u505a\u8d77\u3002<\/p>\n\n\n\n<p><strong>2013 \u5e74\uff0c\u8549\u4e0b\u63a8\u51fa\u7b2c\u4e00\u6b3e\u9632\u6652\u4ea7\u54c1\u53cc\u5c42\u5c0f\u9ed1\u4f1e Black Hole\uff0c\u9762\u5e02\u540e\u4fbf\u4e00\u70ae\u800c\u7ea2\uff0c\u540e\u63a8\u51fa\u53e3\u888b\u7cfb\u5217\u4f1e\u3001\u80f6\u56ca\u7cfb\u5217\u4f1e\uff0c\u5e76\u5ef6\u5c55\u81f3\u9632\u6652\u7cfb\u5217\u3002<\/strong><\/p>\n\n\n\n<p>\u7cbe\u9009\u5927\u5355\u54c1\u5e76\u505a\u5230\u6301\u4e45\u7545\u9500\u662f\u8549\u4e0b\u4e3b\u6253\u7684\u4ea7\u54c1\u7b56\u7565\u3002\u8549\u4e0b\u6709 22 \u6b3e\u7cbe\u9009\u5355\u54c1\u5e74\u9500\u552e\u989d\u5404\u81ea\u8d85\u8fc7 3 \u4ebf\u5143\uff0c\u5305\u62ec 2017 \u5e74\u6216\u4e4b\u524d\u63a8\u51fa\u7684\u4e09\u6b3e\u9632\u6652\u7cbe\u9009\u5355\u54c1\uff08\u5373\u53cc\u5c42\u5c0f\u9ed1\u4f1e\u3001\u53e3\u888b\u7cfb\u5217\u4f1e\u53ca\u80f6\u56ca\u7cfb\u5217\u4f1e\uff09\u3002<\/p>\n\n\n\n<p>\u5728\u8fd9 22 \u6b3e\u5355\u54c1\u4e2d\uff0c\u6709 19 \u6b3e\u7cbe\u9009\u5355\u54c1\u4e8e 2019 \u5e74\u81f3 2021 \u5e74\u63a8\u51fa\uff0c5 \u6b3e\u7cbe\u9009\u5355\u54c1\u4e8e 2021 \u5e74\u63a8\u51fa\uff0c\u5373\u663c\u671b\u7cfb\u5217\u58a8\u955c\u3001\u968f\u8eab\uff0c\u7cfb\u5217\u6241\u4f1e\u3001\u8857\u65c5\u7cfb\u5217\u539a\u5e95\u5e06\u5e03\u978b\u3001\u7545\u578b\u7cfb\u5217\u6253\u5e95\u88e4\u53ca\u4e18\u90ca\u7cfb\u5217\u8f7b\u578b\u9a6c\u4e01\u9774\u3002<\/p>\n\n\n\n<p><strong>\u4ece\u6536\u5165\u5360\u6bd4\u6765\u770b\uff0c\u8549\u4e0b\u7684\u5927\u5355\u54c1\u7b56\u7565\u6210\u6548\u5353\u8457\u3002<\/strong>2019-2021 \u5e74\uff0c\u8549\u4e0b\u524d 30 \u6b3e\u70ed\u9500\u7cbe\u9009\u5355\u54c1\u4ea7\u751f\u7684\u6536\u5165\u5206\u522b\u5360\u5176\u603b\u6536\u5165\u7684 99.8%\u300188.6% \u53ca 74.1%\u3002<\/p>\n\n\n\n<p>\u5728\u7cbe\u9009\u5355\u54c1\u7684\u72ec\u7279\u65b9\u6cd5\u8bba\u4e2d\uff0c\u8549\u4e0b\u7684\u6253\u6cd5\u662f\u7784\u51c6\u6700\u5177\u53d1\u5c55\u6f5c\u529b\u7684\u7ec6\u5206\u5e02\u573a\uff0c\u548c\u5177\u6709\u5927\u91cf\u672a\u6ee1\u8db3\u6d88\u8d39\u8005\u9700\u6c42\u7684\u57ce\u5e02\u6237\u5916\u573a\u666f\uff0c\u63a8\u51fa\u517c\u5177\u521b\u65b0\u6280\u672f\u53ca\u7f8e\u5b66\u8bbe\u8ba1\u7684\u5dee\u5f02\u5316\u4ea7\u54c1\u548c\u4e30\u5bcc\u4ea7\u54c1\u7ec4\u5408\uff0c\u6765\u63a8\u52a8\u6301\u7eed\u589e\u957f\u3002<\/p>\n\n\n\n<p>\u5728\u9500\u552e\u6e20\u9053\u4e0a\uff0c<strong>DTC \u9a71\u52a8\u7684\u5168\u6e20\u9053\u9500\u552e\u53ca\u5206\u9500\u7f51\u7edc\u4f7f\u5f97\u8549\u4e0b\u8fc5\u901f\u89e6\u8fbe\u5e9e\u5927\u76ee\u6807\u5ba2\u6237\u7fa4\u4f53\u3002<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.growthhk.cn\/wp-content\/uploads\/2022\/04\/62591f158e9f0953c8513ced_1024.jpg\" alt=\"\"\/><\/figure>\n\n\n\n<p>\u62db\u80a1\u4e66\u62ab\u9732\uff0c\u8549\u4e0b\u7684 DTC \u6e20\u9053\u91c7\u7528\u81ea\u8425\u6e20\u9053\u548c\u5206\u9500\u5546\u76f8\u7ed3\u5408\u7684\u9500\u552e\u6a21\u5f0f\u3002\u5176\u4e2d\uff0c\u81ea\u8425\u6e20\u9053\u662f\u4e3b\u8981\u8425\u6536\u6e20\u9053\uff0c\u5305\u62ec\u901a\u8fc7\u5728\u7ebf\u5e97\u94fa\u9500\u552e\u3001\u5411\u7535\u5546\u5e73\u53f0\u9500\u552e\u548c\u7ebf\u4e0b\u96f6\u552e\u95e8\u5e97\u9500\u552e\u3002 \u4ece 2019 \u5e74\u5230 2021 \u5e74\uff0c\u8549\u4e0b\u4ec5\u5728\u7ebf\u6e20\u9053\u7684\u6536\u5165\u5c31\u7531\u4eba\u6c11\u5e01 2.859 \u4ebf\u5143\u30016.179 \u4ebf\u5143\u3001\u589e\u81f3 19.466 \u4ebf\u5143\uff0c\u5e74\u590d\u5408\u589e\u957f\u7387\u4e3a 160.9%\u3002<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.growthhk.cn\/wp-content\/uploads\/2022\/04\/62591f158e9f0953c8513cee_1024.jpg\" alt=\"\"\/><\/figure>\n\n\n\n<p><strong>\u4ece\u8425\u6536\u4e1a\u7ee9\u6765\u770b\uff0c\u5927\u5355\u54c1\u7b56\u7565\u548c DTC \u6e20\u9053\u9a71\u52a8\u786e\u5b9e\u5e26\u7ed9\u4e86\u8549\u4e0b\u54c1\u724c\u5f3a\u52b2\u7684\u9500\u552e\u8868\u73b0\u3002<\/strong>&nbsp;\u62db\u80a1\u4e66\u62ab\u9732\uff0c2019 \u5e74\u30012020 \u5e74\u30012021 \u5e74\uff0c\u8549\u4e0b\u7684\u8425\u6536\u5206\u522b\u4e3a 3.85 \u4ebf\u5143\u30017.94 \u4ebf\u5143\u300124.1 \u4ebf\u5143\u3002\u540c\u6bd4\u589e\u957f\u7387\u4e3a 103% \u548c 203%\uff0c\u5e74\u590d\u5408\u589e\u957f\u7387\u4e3a 150.1%\u3002 \u4ece\u4ea7\u54c1\u7684\u6bdb\u5229\u7387\u5904\u4e8e\u4e0d\u65ad\u4e0a\u5347\u7684\u8d8b\u52bf\u6765\u770b\u30022019 \u5e74\u5230 2021 \u5e74\u7684\u6bdb\u5229\u7387\u5206\u522b\u4e3a 50%\u300157.4%\u300159.1%\u3002<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.growthhk.cn\/wp-content\/uploads\/2022\/04\/62591f158e9f0953c8513cef_1024.jpg\" alt=\"\"\/><\/figure>\n\n\n\n<p>\u5177\u4f53\u5230\u7ec6\u5206\u54c1\u7c7b\u6765\u770b\uff0c\u4ece 2019 \u5e74\u5230 2021 \u5e74\uff0c\u8549\u4e0b\u7684\u4f1e\u5177\u54c1\u7c7b\u5360\u6536\u5165\u5360\u603b\u8425\u6536\u7684\u6bd4\u91cd\u4ece 86.9% \u964d\u5230\u4e86 20.8%\uff0c\u670d\u88c5\u3001\u5e3d\u5b50\u548c\u5176\u4ed6\u914d\u9970\u5360\u6536\u5165\u5360\u6bd4\u4ece\u4e2a\u4f4d\u6570\u5347\u5230 20% \u5de6\u53f3\uff0c<strong>\u53ef\u4ee5\u770b\u51fa\uff0c\u8549\u4e0b\u5728\u5927\u5355\u54c1\u6218\u7565\u7684\u57fa\u7840\u4e0a\uff0c\u5e76\u4e0d\u60f3\u5c40\u9650\u4e8e\u4ec5\u9760\u7206\u54c1\u63a8\u52a8\uff0c\u6301\u7eed\u5bfb\u627e\u7740\u65b0\u7684\u589e\u957f\u54c1\u7c7b\u3002<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.growthhk.cn\/wp-content\/uploads\/2022\/04\/62591f158e9f0953c8513cf0_1024.jpg\" alt=\"\"\/><\/figure>\n\n\n\n<p><strong>\u5728\u4f1e\u5177\u4e4b\u5916\uff0c\u8549\u4e0b\u5176\u4ed6\u4ea7\u54c1\u7ebf\u7684\u76c8\u5229\u80fd\u529b\u4e5f\u5e76\u4e0d\u4f4e\u3002<\/strong>\u5c24\u5176\u662f\u5e3d\u5b50\u3001\u670d\u9970\u914d\u9970\u7b49\u4ea7\u54c1\u7ebf\uff0c\u53bb\u5e74\u751a\u81f3\u8fbe\u5230\u4e86 60% \u4ee5\u4e0a\u7684\u6bdb\u5229\u7387\u3002<\/p>\n\n\n\n<p><strong>\u9ad8\u6bdb\u5229\u7387 vs \u4f4e\u5229\u6da6\u7387\u7684\u80cc\u540e\uff1a\u8425\u9500\u98d9\u5347<\/strong><\/p>\n\n\n\n<p><strong>\u4f46\u4e00\u4e2a\u5f88\u660e\u663e\u7684\u53cd\u5dee\u51fa\u73b0\u4e86\uff0c\u62e5\u6709\u9ad8\u6bdb\u5229\u7387\u7684\u8549\u4e0b\uff0c\u5229\u6da6\u7387\u5374\u4e0d\u9ad8\uff1a\u6bdb\u5229\u7387\u9ad8\u8fd1 60%\uff0c\u4f46\u51c0\u5229\u7387\u5374\u53ea\u6709 5.6%\u3002<\/strong><\/p>\n\n\n\n<p>\u4ece 2019 \u5e74\u30012020 \u5e74\u53ca 2021 \u5e74\uff0c\u8549\u4e0b\u5206\u522b\u5f55\u5f97\u51c0\u4e8f\u635f\u989d\u4e3a 2300 \u4e07\u30017.7 \u4e07\u53ca 54.7 \u4ebf\uff0c\u540c\u671f\u4e8f\u635f\u52a0\u5927\u3002 2019 \u5e74\u30012020 \u5e74\u30012021 \u5e74\uff0c\u8549\u4e0b\u7ecf\u8c03\u6574\u540e\u7684\u51c0\u5229\u6da6\u4e3a 1968 \u4e07\u5143\u30013941 \u4e07\u5143\u30011.36 \u4ebf\u5143\uff0c\u5e74\u590d\u5408\u589e\u957f\u7387\u4e3a 162.6\uff05\uff0c\u5229\u6da6\u7387\u4e3a 5.1%\u30015.0%\u30015.6%\u3002<\/p>\n\n\n\n<p>\u8549\u4e0b\u5728\u8d22\u62a5\u4e2d\u8868\u793a\uff0c\u8c03\u6574\u524d\u540e\u8d22\u52a1\u6570\u636e\u53d8\u5316\u8f83\u5927\u4e3b\u8981\u662f\u7531\u4e8e\u8549\u4e0b\u4f30\u503c\u7684\u589e\u52a0\uff0c\u5bfc\u81f4\u53ef\u8f6c\u6362\u53ef\u8d4e\u56de\u4f18\u5148\u80a1\u7684\u516c\u5141\u4ef7\u503c\u589e\u52a0\uff0c\u4f46\u516c\u53f8\u4e0a\u5e02\u540e\uff0c\u8fd9\u90e8\u5206\u8d1f\u503a\u5c06\u81ea\u52a8\u8f6c\u6362\u4e3a\u666e\u901a\u80a1\uff0c\u91cd\u65b0\u5206\u7c7b\u4e3a\u6743\u76ca\u3002<\/p>\n\n\n\n<p><strong>\u4ece\u7ecf\u8425\u5c42\u9762\u6765\u770b\uff0c\u80fd\u591f\u89e3\u91ca\u8549\u4e0b\u9ad8\u6bdb\u5229\u7387\u5374\u4f4e\u5229\u6da6\u7387\u7684\u7406\u7531\u5219\u662f\u2014\u2014\u82b1\u8d39\u4e86\u8fc7\u9ad8\u7684\u5206\u9500\u53ca\u8425\u9500\u8d39\u7528\u3002<\/strong><\/p>\n\n\n\n<p>\u5728\u6296\u97f3\u4e0a\u641c\u7d22\u8549\u4e0b\uff0c\u6620\u5165\u773c\u5e18\u7684\u5747\u662f\u63a8\u5e7f\u89c6\u9891\uff0c\u800c\u5728<span class=\"wpcom_keyword_link\"><a href=\"https:\/\/www.growthhk.cn\/mcn\/xiaohongshu\" target=\"_blank\" title=\"\u5c0f\u7ea2\u4e66\">\u5c0f\u7ea2\u4e66<\/a><\/span>\u4e0a\u641c\u7d22\u8549\u4e0b\uff0c\u53ef\u4ee5\u770b\u5230\u6709 4 \u4e07\u7bc7\u76f8\u5173\u7b14\u8bb0\u3002<\/p>\n\n\n\n<p>\u4ece\u6536\u5165\u5360\u6bd4\u6765\u770b\uff0c\u8549\u4e0b\u4e3b\u8981\u901a\u8fc7\u81ea\u8425\u6e20\u9053\u83b7\u5f97\u6536\u5165\uff0c\u5206\u9500\u5546\u6536\u5165\u5360\u6bd4\u4e0d\u9ad8\u3002\u4ece 2019 \u5e74\u30012020 \u5e74\u5230 2021 \u5e74\uff0c<strong>\u8549\u4e0b\u901a\u8fc7\u81ea\u8425\u6e20\u9053\u4ea7\u751f\u7684\u6536\u5165\u5360\u6bd4\u4e3a 82.4%\u300181.8% \u53ca 83.6%\uff0c\u5206\u9500\u5546\u6536\u5165\u5360\u6bd4\u4e3a 17.6%\u300118.2% \u53ca 16.4%\u3002<\/strong><\/p>\n\n\n\n<p>\u4f46\u4ece 2019 \u5e74\u5230 2021 \u5e74\uff0c\u8549\u4e0b\u5206\u9500\u5546\u53ca\u9500\u552e\u5f00\u652f\u5360\u8425\u6536\u6bd4\u4f8b\u5374\u5728\u9010\u5e74\u63d0\u9ad8\uff0c\u5206\u522b\u4e3a 32.4%\u300140.7%\u300145.9%\u3002 2021 \u5e74\uff0c\u8549\u4e0b\u7528\u5728\u5206\u9500\u53ca\u9500\u552e\u5f00\u652f\u7684\u8d39\u7528\u8d85\u8fc7 11 \u4ebf\u5143\uff0c\u5176\u4e2d\u82b1\u4e86 5.86 \u4ebf\u5143\uff0c\u8fd1\u4e00\u534a\u7684\u8d39\u7528\u5728\u5e7f\u544a\u548c\u8425\u9500\u4e0a\uff0c\u800c\u8fd9\u4e00\u5e74\u9500\u552e\u6210\u672c\u7684\u6570\u5b57\u5219\u4e3a 9.86 \u4ebf\u5143\u3002<\/p>\n\n\n\n<p>\u5bf9\u6d88\u8d39\u8005\u6765\u8bf4\uff0c\u8fd9\u610f\u5473\u7740\uff0c<strong>\u5982\u679c\u4f60\u82b1 99 \u5143\u4e70\u4e00\u4e2a\u8549\u4e0b\u7684\u9632\u6652\u53e3\u7f69\uff0c\u5176\u4e2d\u8fd9 99 \u5143\u91cc\uff0c\u8fd1 49 \u5143\u5176\u5b9e\u662f\u5728\u4ed8\u5b83\u7684\u5e7f\u544a\u8d39\u3002<\/strong><\/p>\n\n\n\n<p>2019 \u5e74\u548c 2020 \u5e74\uff0c\u8549\u4e0b\u7684\u5e7f\u544a\u53ca\u8425\u9500\u5f00\u652f\u5206\u522b\u4e3a 3691 \u4e07\u5143\u30011.19 \u4ebf\u5143\uff0c 2021 \u5e74\u66f4\u662f\u66b4\u589e 392\uff05\u81f3 5.86 \u4ebf\u5143\uff0c\u5360\u516c\u53f8\u5168\u5e74\u6536\u5165\u7684\u56db\u5206\u4e4b\u4e00\uff0c\u56e0\u5176\u4f9d\u8d56\u8425\u9500\u9a71\u52a8\u7684\u5929\u732b\u3001\u4eac\u4e1c\u53ca\u6296\u97f3\u7b49\u7535\u5546\u5e73\u53f0\uff0c\u7535\u5546\u5e73\u53f0\u670d\u52a1\u6536\u8d39\u5f00\u652f\u4e5f\u8fbe\u5230\u4e86 2.27 \u4ebf\u5143\u3002<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.growthhk.cn\/wp-content\/uploads\/2022\/04\/62591f158e9f0953c8513cf1_1024.jpg\" alt=\"\"\/><\/figure>\n\n\n\n<p>\u8d22\u62a5\u62ab\u9732\uff0c2021 \u5e74\uff0c\u8549\u4e0b\u4e0e\u8d85\u8fc7 600 \u540d\u62e5\u6709\u4e0d\u540c\u7c89\u4e1d\u7fa4\u3001\u53d7\u6b22\u8fce\u7a0b\u5ea6\u5404\u5f02\u7684\u5173\u952e\u610f\u89c1\u9886\u8896\uff0c\u5373 KOL \u5408\u4f5c\u3002\u800c\u5728\u5e7f\u544a\u53ca\u63a8\u5e7f\u8d39\u7528\u4e2d\u82b1\u8d39\u6700\u591a\u7684\u4e5f\u6b63\u662f\u8fd9\u90e8\u5206\u3002<\/p>\n\n\n\n<p><strong>\u5bf9\u8549\u4e0b\u6765\u8bf4\uff0cKOL \u548c\u540d\u4eba\u4ee3\u8a00\u8425\u9500\u662f\u4ea7\u54c1\u66dd\u5149\u548c\u4e1a\u7ee9\u589e\u957f\u5229\u5668\u3002<\/strong><\/p>\n\n\n\n<p>\u51e0\u4e4e\u5927\u534a\u4e2a\u7f51\u7ea2\u5708\u90fd\u66fe\u7ed9\u8549\u4e0b\u5e26\u8fc7\u8d27\uff0c\u674e\u4f73\u7426\u3001\u6df1\u591c\u5f90\u8001\u5e08\u3001\u8fa3\u76ee\u6d0b\u5b50\u3001\u6bdb\u6653\u5f64\u3001\u8587\u5a05\u90fd\u662f\u5176\u5408\u4f5c\u7684\u7f51\u7ea2\u6216\u8005 KOL\u3002\u636e\u6089\u4ec5\u674e\u4f73\u7426\u4e00\u4eba\uff0c\u5c31\u5728\u8fd1 30 \u5929\u5185\u4e0e\u8549\u4e0b\u5408\u4f5c\u8fc7 10 \u573a\u76f4\u64ad\u3002\u8549\u4e0b\u8fd8\u8bf7\u4e86\u5f53\u7ea2\u5c0f\u82b1\u8d75\u9732\u601d\u4ee3\u8a00\uff0c\u5728\u5c0f\u7ea2\u4e66\u3001\u6296\u97f3\u7b49\u5e73\u53f0\u4e0a\u505a\u5e7f\u544a\u4e0e\u5ba3\u4f20\u3002\u8fd9\u4e9b KOL \u5728\u793e\u4ea4\u5e73\u53f0\u4e0a\u7684\u5173\u6ce8\u8005\u6570\u91cf\u5e9e\u5927\uff0c\u7ed9\u8549\u4e0b\u54c1\u724c\u5e26\u6765\u4e86 45 \u4ebf\u7684\u6d4f\u89c8\u91cf\uff0c\u4e5f\u5e26\u6765\u4e86\u65b0\u7684\u5ba2\u6237\u589e\u91cf\u3002<\/p>\n\n\n\n<p>\u4ece 2019 \u5e74\u5230 2021 \u5e74\uff0c\u8549\u4e0b\u5929\u732b\u65d7\u8230\u5e97\u7684\u671f\u5185\u4ed8\u8d39\u5ba2\u6237\u603b\u6570\u7531 100 \u767e\u4e07\u4eba\uff0c\u589e\u52a0\u81f3 300 \u4e07\u4eba\u53ca 750 \u4e07\u4eba\uff0c\u4e0e\u6b64\u540c\u65f6\uff0c\u8fd9\u4e09\u5e74\u8549\u4e0b\u5929\u732b\u4ea7\u54c1\u7684\u590d\u8d2d\u7387\u5206\u522b\u4e3a 18.2%\u300132.9% \u548c 46.5%\u3002<\/p>\n\n\n\n<p><strong>\u8425\u9500\u98d9\u5347\u7684\u8549\u4e0b\uff0c\u5728\u5c1d\u5230\u589e\u91cf\u751c\u5934\u7684\u540c\u65f6\uff0c\u4e5f\u5728\u9762\u4e34\u5f88\u53ef\u80fd\u91cd\u590d\u5927\u591a\u6570\u65b0\u6d88\u8d39\u54c1\u724c\u901a\u75c5\u7684\u8001\u8def<\/strong>\u3002<\/p>\n\n\n\n<p>\u5728 DTC \u6e20\u9053\u4e0e\u7ebf\u4e0a\u7ebf\u4e0b\u6e20\u9053\u6d41\u91cf\u7ea2\u5229\u7684\u6253\u6cd5\u4e0b\uff0c\u56fd\u5185\u6d88\u8d39\u8d5b\u9053\u8dd1\u51fa\u4e86\u50cf\u5b8c\u7f8e\u65e5\u8bb0\u3001\u5143\u6c14\u68ee\u6797\u3001\u559c\u8336\u3001\u6ce1\u6ce1\u739b\u7279\u7b49\u65b0\u6d88\u8d39\u5de8\u5934\u3002\u4f46\u5982\u4eca\uff0c\u9996\u4e2a\u767b\u9646\u7f8e\u80a1\u7684\u56fd\u8d27\u7f8e\u5986\u54c1\u724c\u5b8c\u7f8e\u65e5\u8bb0\uff0c<strong>\u5728\u5927\u624b\u7b14\u8425\u9500\u8d1f\u62c5\u4e0b\uff0c\u51c0\u5229\u6da6\u6301\u7eed\u4e8f\u635f\uff0c\u5728\u4e8c\u7ea7\u5e02\u573a\u4e0a\uff0c\u5b8c\u7f8e\u65e5\u8bb0\u548c\u6ce1\u6ce1\u739b\u7279\u7684\u80a1\u4ef7\u81ea\u4e0a\u5e02\u4fbf\u6210\u4e86\u9ad8\u5149\uff0c\u73b0\u5728\u4ecd\u8dcc\u8dcc\u4e0d\u4f11\u3002<\/strong><\/p>\n\n\n\n<p><strong>\u7814\u53d1\u6295\u5165\u5360\u6bd4\u4e0d\u9ad8\uff0c\u4f46\u91ce\u5fc3\u4e0d\u6b62\u4e8e\u9632\u6652<\/strong><\/p>\n\n\n\n<p>\u4ece\u89e3\u51b3\u5e74\u8f7b\u5973\u6027\u6d88\u8d39\u8005\u5bf9\u6237\u5916\u9632\u6652\u7684\u9700\u6c42\u5f00\u59cb\uff0c\u8549\u4e0b\u5df2\u5728\u9632\u6652\u9886\u57df\u7684\u529f\u80fd\u6027\u978b\u670d\u5e02\u573a\u5efa\u7acb\u9886\u5148\u5730\u4f4d\u3002\u6839\u636e\u707c\u8bc6\u54a8\u8be2\uff0c\u4ee5 2021 \u5e74\u603b\u96f6\u552e\u989d\u53ca\u5728\u7ebf\u96f6\u552e\u989d\u8ba1\uff0c\u8549\u4e0b\u6210\u4e3a\u4e2d\u56fd\u7b2c\u4e00\u5927\u9632\u6652\u670d\u9970\u54c1\u724c\uff0c\u5206\u522b\u62e5\u6709 5.0% \u53ca 12.9% \u7684\u5e02\u573a\u4efd\u989d\u30022021 \u5e74\uff0c\u8549\u4e0b\u9632\u6652\u670d\u9970\u7684\u5728\u7ebf\u96f6\u552e\u989d\u8d85\u8fc7\u7b2c\u4e8c\u5927\u54c1\u724c\u7684 5 \u500d\u3002<\/p>\n\n\n\n<p>\u773c\u4e0b\uff0c\u9632\u6652\u5e02\u573a\u6b63\u8fce\u6765\u53d1\u5c55\u7ea2\u5229\u3002\u6839\u636e\u707c\u8bc6\u54a8\u8be2\uff0c\u81ea 2021 \u5e74\u81f3 2026 \u5e74\uff0c\u5176\u9884\u8ba1\u5c06\u4ee5 9.4% \u7684\u5e74\u590d\u5408\u589e\u957f\u7387\u589e\u957f\uff0c2026 \u5e74\u5e02\u573a\u89c4\u6a21\u5c06\u4ece 611 \u4ebf\u5143\u8fbe\u5230\u4eba\u6c11\u5e01 958 \u4ebf\u5143\u3002<\/p>\n\n\n\n<p>\u4f46\u8549\u4e0b\u7684\u91ce\u5fc3\u5e76\u4e0d\u5c0f\u3002\u5bf9\u8549\u4e0b\u6765\u8bf4\uff0c\u62ff\u4e0b\u9632\u6652\u670d\u7b2c\u4e00\u53ea\u662f\u7b2c\u4e00\u6b65\u3002<\/p>\n\n\n\n<p><strong>\u8549\u4e0b\u5728 IPO \u62db\u80a1\u4e66\u4e2d\u6307\u51fa\uff0c\u9632\u6652\u53ea\u662f\u63a2\u7d22\u57ce\u5e02\u6237\u5916\u751f\u6d3b\u65b9\u5f0f\u7684\u8d77\u70b9\uff0c\u73b0\u5728\u5bf9\u81ea\u5df1\u7684\u5b9a\u4f4d\u662f\u6700\u8fd1\u5927\u706b\u7684\u57ce\u5e02\u6237\u5916\uff0c\u5305\u62ec\u57ce\u5e02\u751f\u6d3b\u3001\u4f11\u95f2\u8fd0\u52a8\u3001\u65c5\u884c\u5ea6\u5047\u3001\u8e0f\u9752\u8fdc\u8db3\u3001\u9732\u8425\u7b49\u76f8\u5173\u54c1\u7c7b\u3002<\/strong>\u81ea 2021 \u5e74\u4e0b\u534a\u5e74\u8d77\uff0c\u8549\u4e0b\u4e5f\u5f00\u59cb\u6269\u5c55\u4ea7\u54c1\u7ec4\u5408\u6db5\u76d6\u81f3\u975e\u9632\u6652\u4ea7\u54c1\uff0c\u4e3b\u8981\u5305\u62ec\u6253\u5e95\u886b\u3001\u88e4\u88c5\u3001\u5916\u5957\u3001\u56f4\u5dfe\u3001\u5e3d\u5b50\u3001\u978b\u5c65\u3001\u5305\u888b\u7b49\u3002<\/p>\n\n\n\n<p><strong>\u4ece\u4e1a\u7ee9\u8868\u73b0\u6765\u770b\uff0c\u8549\u4e0b\u5728\u9500\u552e\u975e\u9632\u6652\u4ea7\u54c1\u65b9\u9762\u5b9e\u73b0\u4e86\u5feb\u901f\u589e\u957f\u3002<\/strong>\u975e\u9632\u6652\u4ea7\u54c1\u6536\u5165\u7531 2019 \u5e74\u7684\u4eba\u6c11\u5e01 280 \u4e07\u5143\u5927\u5e45\u589e\u81f3 2020 \u5e74\u7684\u4eba\u6c11\u5e01 0.765 \u4ebf\u5143\uff0c\u5e76\u8fdb\u4e00\u6b65\u589e\u957f\u8d85\u8fc7\u4e94\u500d\u81f3 2021 \u5e74\u7684\u4eba\u6c11\u5e01 4.957 \u4ebf\u5143\uff0c\u5176\u6536\u5165\u8d21\u732e\u7387\u7531 2019 \u5e74\u7684 0.7% \u589e\u81f3 2020 \u5e74\u7684 9.6%\uff0c\u5e76\u8fdb\u4e00\u6b65\u589e\u81f3 2021 \u5e74\u7684 20.6%\u3002<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.growthhk.cn\/wp-content\/uploads\/2022\/04\/62591f158e9f0953c8513cf2_1024.jpg\" alt=\"\"\/><\/figure>\n\n\n\n<p>\u5bf9\u4e00\u5bb6\u529f\u80fd\u6027\u978b\u670d\u6765\u8bb2\uff0c\u6301\u7eed\u63d0\u4f9b\u5148\u8fdb\u7684\u7cbe\u9009\u4ea7\u54c1\u4f53\u9a8c\u624d\u80fd\u63d0\u5347\u57ce\u5e02\u6237\u5916\u573a\u666f\u4e0b\u7684\u54c1\u724c\u5f62\u8c61\u3002<\/p>\n\n\n\n<p>\u8549\u4e0b\u7684\u6253\u6cd5\u662f\u7d2f\u79ef\u53ca\u4e0d\u65ad\u5347\u7ea7\u7cbe\u9009\u5355\u54c1\u76f8\u5173\u539f\u6750\u6599\u53ca\u9762\u6599\u7684\u5f00\u53d1\u6280\u672f\uff0c\u7d2f\u79ef\u53ef\u5e94\u7528\u5230\u4e0d\u540c\u54c1\u7c7b\u65b0\u4ea7\u54c1\u7684\u4e30\u5bcc\u6280\u672f\u3002\u8549\u4e0b\u5f3a\u8c03\u7684 AirLoop \u9762\u6599\u5e7f\u6cdb\u5e94\u7528\u5230\u4e86\u5404\u7c7b\u9632\u6652\u670d\u9970\u3001\u5e3d\u5b50\u53ca\u5176\u4ed6\u914d\u9970\uff0c\u7f29\u77ed\u4ea7\u54c1\u5f00\u53d1\u8fc7\u7a0b\u65f6\u95f4\u7ebf\u5e76\u63d0\u9ad8\u4e86\u65b0\u4ea7\u54c1\u63a8\u51fa\u7684\u6210\u529f\u7387\u3002<\/p>\n\n\n\n<p>\u5728\u62db\u80a1\u4e66\u4e2d\uff0c\u8549\u4e0b\u4e5f\u5f3a\u8c03\u91cd\u89c6\u7814\u53d1\u6295\u5165\uff0c\u5c06\u529f\u80fd\u6280\u672f\u548c\u65f6\u5c1a\u8bbe\u8ba1\u4f5c\u4e3a\u4e3b\u8981\u5356\u70b9\uff0c\u591a\u6b21\u5f3a\u8c03\u914d\u9970\u91c7\u7528\u7684 AirLoop \u9762\u6599\uff0c\u786e\u4fdd\u4ea7\u54c1\u8f7b\u8584\u900f\u6c14\uff0c\u540c\u65f6\u63d0\u4f9b UPF50+ \u9632\u6652\u3002<\/p>\n\n\n\n<p>\u8549\u4e0b\u8868\u793a\uff0c\u622a\u81f3 2021 \u5e74 12 \u6708 31 \u65e5\uff0c\u7814\u53d1\u56e2\u961f\u7531 197 \u540d\u5458\u5de5\u7ec4\u6210\uff0c\u76ee\u524d\u5728\u4e2d\u56fd\u5df2\u62e5\u6709 123 \u9879\u4e13\u5229\uff0c\u6b63\u7533\u8bf7 72 \u9879\u4e13\u5229\uff0c\u5e76\u8868\u793a\u672a\u6765\u8ba1\u5212\u642d\u5efa\u6027\u80fd\u68c0\u6d4b\u5b9e\u9a8c\u5ba4\u3001\u4ea7\u54c1\u8bbe\u8ba1\u548c\u521b\u65b0\u7a7a\u95f4\u52a0\u5927\u5bf9\u9762\u6599\u3001\u7279\u6b8a\u6750\u6599\u7b49\u57fa\u7840\u7814\u53d1\u7684\u6295\u5165\u3002\u4e0d\u8fc7\uff0c<strong>\u6839\u636e\u62db\u80a1\u8bf4\u660e\u4e66\uff0c\u5728\u8549\u4e0b\u7684\u96c7\u5458\u914d\u5907\u4e0a\uff0c\u9500\u552e\u53ca\u8425\u9500\u4eba\u5458\u5360\u6bd4 58.6%\uff0c\u7814\u53d1\u4eba\u5458\u4e3a 14%\u3002<\/strong>\u800c\u5929\u773c\u67e5\u6570\u636e\u663e\u793a\uff0c\u8549\u4e0b\u5171\u62e5\u6709 153 \u9879\u4e13\u5229\uff0c\u800c\u5176\u4e2d 107 \u9879\u4e3a\u5916\u89c2\u4e13\u5229\u3002<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.growthhk.cn\/wp-content\/uploads\/2022\/04\/62591f168e9f0953c8513cf3_1024.jpg\" alt=\"\"\/><\/figure>\n\n\n\n<p>\u4ece\u6536\u5165\u5360\u6bd4\u6765\u770b\uff0c2019 \u5e74\u30012020 \u5e74\u53ca 2021 \u5e74\uff0c\u8549\u4e0b\u7814\u53d1\u5f00\u652f\u7ea6 1990 \u4e07\u5143\u30013590 \u4e07\u5143\u53ca 7160 \u4e07\u5143\uff0c\u5206\u522b\u5360\u603b\u6536\u5165\u7684 5.3%\u30014.6%\u30013%\u3002<\/p>\n\n\n\n<p><strong>\u4e0e\u5360\u636e\u8425\u6536\u56db\u5206\u4e4b\u4e00\u6bd4\u91cd\u7684\u8425\u9500\u8d39\u7528\u76f8\u6bd4\uff0c\u8549\u4e0b\u7684\u7814\u53d1\u6295\u5165\u5360\u6bd4\u4e0d\u9ad8\uff0c\u8fd1\u4e09\u5e74\u4e5f\u5448\u73b0\u51fa\u4e0b\u6ed1\u8d8b\u52bf\uff0c\u4f46\u5728\u8fd0\u52a8\u670d\u9970\u9886\u57df\uff0c\u4e0e\u56fd\u5185\u5176\u4ed6\u670d\u9970\u54c1\u724c\u76f8\u6bd4\uff0c\u867d\u7136\u7edd\u5bf9\u503c\u4e0d\u9ad8\uff0c\u4f46\u7814\u53d1\u8d39\u7387\u4e0d\u7b97\u592a\u4f4e\u3002<\/strong>&nbsp;2021 \u5e74\u5b89\u8e0f\u3001\u674e\u5b81\u548c\u7279\u6b65\u7684\u7814\u53d1\u8d39\u7528\uff0c\u5206\u522b\u5360\u636e\u5176\u603b\u8425\u6536\u7684 2.3%\u30011.8% \u548c 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