??|???????????????;??????“??”???

????:??95?????:??98????

???????12?????22???????(???)?????????????????????????????;??,?????????5??????????????????????? ;????;?17??????3??,????????????????REITs???;?????“???????????”?????;??????????;????“??????????”?????……????????????12?????????????????????16?-12?????????????22??,?????

?????????

?

12?????16?,?,??????,?????????????????????????????????????????????????????????????9???,??«?????»,?????????????,??????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????

???????

12?19????????,?????????????,??????????????????,????1.1?,5???,?????20?5?????????25.8????,18???????????????????????,???????????????

???????????????????

12?19????,?«??»??????“??????????????????,????????????????,????????????14???“???????”,????????????????????????????12?????????????????5????,“??”????????“????????????”?????

????????????

??3?REITs??

12??????????18??,?????,???????????Pre-REITs?????????????,?17???????,????????????Pre-REITs???????????,?????9???,??,?????????????????????,?,?110??????

??“???”???

12??????????19??,?,????????????(?????????????)????60%?????,??,?????,???

???????????????

??!????????????cAMP???GLP-1??

12????????????????16?,??,??1??(Ecnoglutide Injection)??CDE?,????????

??

12???????18??????????????????????????????,?(??????????)????????,????

???

???????“????????”?????????????

12???20?,????,?????????????????????????????,????????????????????,???

??:?????40???

12?20??????,??,???????2025???1?14?????2025???????????????4????13???????????,????40.00?,??0.0316%?????,????????IPO?????????????????????????????,????169.53????????????,??0.13%?(?????) ????????????????:?????????????????????