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