????2?????????????11?????????? ??????????,2025????1????89.0,?????12?????????????0.1???????????????????,????6????????2?,?????3?????????????1??????
????,1????,?????45.3%,?7.5?;?????????????75%-100%?11.9%,?????????????4.5??;?????????50%-75%??15.5%,????????????????3.2??;?????50%?????15.6%,?2.9?????;??11.8%,???????3.0??
????????6?2??????,1?????????,?????????????????????????,???0.4?0.4?0.3?0.1?0.1?????0.4??????????????,??0.1???????????????????
?????6?????2???????????????,1??????????,???????????????????????,????0.1?0.4?0.2?0.2?0.5????????0.3????????????????,????????????0.2?????????????
??????3?????????1??????????1?,???????????89.7?89.9?88.1?81.0,???????????????????,?0.1?0.3??????0.3?,???
????????????1?,?:
????????1?????,????????????98.7,?0.4???????,??103.3,??????0.3?????,?????94.0,?????0.3?????????????????
???????1?????,????????????81.1,?????????????0.3??????????????????8??,6?????????????????,?,????0.6??????????7?????6??????4??????
????????????1???????????,????????????????????100.1,??0.1??????????????????????????,?,???????????,?????????121.0,????0.3?????,??89.4???,??????0.3????????,??84.5,??0.1???????8????,4??,5??
??????????,????????????1?,??105.6,????????0.1??????,??????????97.6,?????0.5??????113.6,????0.3???????????8?????,7??,6??????????
?????1?????????,????????82.8,????????0.4????????????????8?,7??????????,7?????????
?????1??,?111.9,?????0.1??????????????8????,5??????????,4??,6???????????
???1??,?????73.7,????????????????0.1???????8?????,4?????,4??????????????,????????,?????0.7????,????????1.1????????
??????????????????,????,?????????????????,???????????????,???????????????????,?,?????????????,?,????????,???????,???????????,?????????,????,????,????,?????,??
?????:??
?????????:??????10????
??:???????????????????
???????????:??????????
?????????:IPO???????PE??
?????????????????????
??????????????“??”??
???????:?????????????????
??CEO??:???????C2C?????
?????????????????????
??????????????????????
«????»?????:IP?????????
???????:?????????????????
???:?????????2?MVP?????
???????!???:??????????
????????????????????
??19+8????????19+16??????
“??”????????????????
??????????????“??”??
?????????:??????10????
??????????????????34??
??????:??????????????
???????????:??????????
?????????:??????1.5%??????…
????????!?????????4???
?????????????????????