?????

?????????“??”

?????,?????

?????????

???????????????????????,??????????????????

2????11?????,???(ICE)?????????430??????????????,????47??????,?????118.57%?

????,??????2024??,?????wind????????????????????,????????????????2024????????,??????ICE????70%???2024???????????????????27.22%????????

??,??????????????????

01

????

???,????????,???????????,?????

?????????????,???????????????,???

????????????????,???

????,“?????????????,????,?????????????????150%……???,???????????(?10??????????????)?”

“????????????????150%????????????????????,????????????,??????????”?????????????????,?????????????????,??,?????,??????????????

???????????,??????

??????????AGF?????,?????????2025??3??1?????,?????????172????????,??????????????15%??????????30%?????????????????????,?????????,??????????????????????????,JDE?PEETS??????????,??2025???????,?,?????,?????????

???????????????,?????????1????????????????,??????????????????????????,????????,?,????

?????????????,????????

02

???????

??????????????????,????????????????????????????????,??70%???????????????????????????????????????????????????????????5???????????????????????,???????????????,?????

“????????????????5?????????????????????,????????,???????????,?????????,????????”?????

??,????????????????????????????????????????????????????,??????????????????,???????115?????????,?????????????95%?

?,?,?,???????

????????????,??????????,??,?????????

03

????

??????????????9.9???????????

??,????????“???????????”?????????????????????????,????????,??????????????????????????????????????????Tims???????????????,????????????????

???,?????????

04

?

??????????:???????????????????????????????????????????????????

??????????:?? ??“?????????”

?? ???????,????

????:1??????????:??????

2??????

3?????????

4???QQ???

5?????VX

?????

?????????“??”

?????,?????

?????????

???????????????????????,??????????????????

2????11?????,???(ICE)?????????430??????????????,????47??????,?????118.57%?

????,??????2024??,?????wind????????????????????,????????????????2024????????,??????ICE????70%???2024???????????????????27.22%????????

??,??????????????????

01

????

???,????????,???????????,?????

?????????????,???????????????,???

????????????????,???

????,“?????????????,????,?????????????????150%……???,???????????(?10??????????????)?”

“????????????????150%????????????????????,????????????,??????????”?????????????????,?????????????????,??,?????,??????????????

???????????,??????

??????????AGF?????,?????????2025??3??1?????,?????????172????????,??????????????15%??????????30%?????????????????????,?????????,??????????????????????????,JDE?PEETS??????????,??2025???????,?,?????,?????????

???????????????,?????????1????????????????,??????????????????????????,????????,?,????

?????????????,????????

02

???????

??????????????????,????????????????????????????????,??70%???????????????????????????????????????????????????????????5???????????????????????,???????????????,?????

“????????????????5?????????????????????,????????,???????????,?????????,????????”?????

??,????????????????????????????????????????????????????,??????????????????,???????115?????????,?????????????95%?

?,?,?,???????

????????????,??????????,??,?????????

03

????

??????????????9.9???????????

??,????????“???????????”?????????????????????????,????????,??????????????????????????????????????????Tims???????????????,????????????????

???,?????????

04

?

??????????:???????????????????????????????????????????????????

??????????:??