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

2???????????

3?????????

4????????????

5????????

????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%?(???????????) ????????:??