锟斤拷原锟斤拷锟解：锟桔碉拷锟斤拷锟斤拷锟斤拷魏锟斤拷锟斤拷锟斤拷锟斤拷曰锟斤拷锟斤拷锟斤拷锟绞硷拷锟秸撅拷锟斤拷碌锟斤拷锟姐）
锟斤拷锟竭帮拷锟斤拷2025锟疥，锟斤拷锟斤拷碌幕锟斤拷锟斤拷锟斤拷锟揭碉拷锟斤拷锟斤拷锟斤拷锟节硷拷锟劫达拷锟狡边界，锟斤拷锟斤拷锟斤拷锟斤拷学习锟诫交锟斤拷锟斤拷寻锟揭伙拷锟节伙拷通锟侥猴拷锟斤拷锟斤拷锟结。
锟斤拷应时锟斤拷锟捷变，锟斤拷锟斤拷锟斤拷锟截诧拷锟斤拷坛锟斤拷锟斤拷为锟斤拷锟斤拷锟斤拷锟截诧拷锟斤拷坛系锟叫活动锟斤拷锟斤拷锟斤拷锟狡筹拷“2025锟斤拷锟斤拷锟桔碉拷锟教�”系锟叫憋拷锟斤拷——“锟斤拷锟斤拷·锟节合碉拷锟斤拷锟斤拷”锟斤拷
通锟斤拷锟斤拷全锟斤拷业锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷业锟侥碉拷锟斤拷锟诫交锟斤拷锟斤拷锟斤拷炔煞锟斤拷锟皆伙拷锟斤拷探寻锟节合碉拷锟斤拷业锟斤拷锟斤拷锟斤拷锟斤拷锟节达拷锟斤拷锟斤拷锟斤拷锟斤拷艽锟酵革拷锟揭碉拷锟斤拷荩锟斤拷锟斤拷锟斤拷锟揭碉拷锟斤拷锟斤拷锟斤拷玫姆锟秸癸拷锟斤拷锟斤拷锟斤拷锟�
锟桔碉拷锟斤拷 2025锟疥，锟叫癸拷锟斤拷业锟截诧拷锟叫筹拷锟皆达拷锟节结构锟皆碉拷锟斤拷锟斤拷锟叫ｏ拷锟节撅拷锟矫革拷锟斤拷锟斤拷锟绞诧拷锟斤拷锟斤拷锟竭硷拷转锟斤拷牡锟斤拷拢锟斤拷时锟斤拷谐锟揭诧拷锟斤拷锟斤拷锟截癸拷注锟斤拷锟斤拷
锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟轿猴拷锟斤拷耍锟紺BRE锟斤拷锟叫癸拷锟斤拷锟杰诧拷锟斤拷锟借发锟斤拷锟斤拷锟斤拷锟斤拷铮拷锟斤拷锟斤拷锟斤拷“锟斤拷锟节达拷越”锟斤拷战锟皆斤拷锟斤拷锟�“锟斤拷些锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷说要锟斤拷越锟斤拷锟节ｏ拷锟斤拷每一锟斤拷锟铰的斤拷锟阶讹拷锟斤拷锟斤拷锟铰碉拷强盛锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷每一锟斤拷锟铰的斤拷锟斤拷也锟斤拷锟斤拷锟斤拷锟铰讹拷锟斤拷锟叫筹拷锟斤拷未锟斤拷锟斤拷”
“锟斤拷锟斤拷始锟斤拷站锟斤拷锟铰碉拷锟斤拷恪�”锟斤拷锟斤拷直锟斤拷CBRE锟斤拷锟斤拷锟斤拷诓锟斤拷锟斤拷锟较ｏ拷锟斤拷锟�“锟斤拷锟叫碉拷时锟斤拷锟斤拷锟角伙拷头锟斤拷时锟斤拷锟杰结，锟斤拷锟角达拷越锟斤拷锟节的碉拷一锟斤拷锟解。”
锟斤拷锟斤拷之锟戒，锟斤拷锟斤拷锟斤拷锟叫筹拷锟斤拷锟斤拷锟斤拷一锟斤拷鄣悖好恳伙拷谓锟斤拷祝锟斤拷锟斤拷嵌锟轿达拷锟斤拷谐锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷欤拷锟斤拷锟斤拷锟斤拷艿墓锟斤拷锟斤拷诟锟斤拷锟斤拷锟斤拷蚨嫉玫锟斤拷司锟斤拷锟斤拷锟斤拷帧锟斤拷锟斤拷纾拷崭展锟饺ワ拷亩锟斤拷锟斤拷锟斤拷锟节间，锟捷斤拷通锟斤拷锟戒部锟斤拷锟姐，锟斤拷锟斤拷锟节硷拷全锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷员锟斤拷锟斤拷锟斤拷锟桔硷拷6.57锟斤拷锟剿次ｏ拷锟秸撅拷2.19锟斤拷锟剿次ｏ拷锟斤拷2024锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷3%锟斤拷锟斤拷一锟斤拷锟斤拷锟斤拷俪锟斤拷锟�3.14锟斤拷锟剿次筹拷锟轿★拷1802.69锟斤拷元锟斤拷锟斤拷锟斤拷锟斤拷锟捷★拷锟斤拷CBRE锟叫撅拷锟斤拷锟斤拷锟斤拷锟截碉拷锟斤拷锟�50锟斤拷锟斤拷锟叫街★拷锟斤拷圈锟斤拷锟斤拷锟斤拷同锟斤拷锟斤拷锟斤拷6.4%锟斤拷
然锟斤拷锟斤拷锟叫癸拷锟斤拷锟斤拷锟斤拷愿锟斤拷峁癸拷荼锟斤拷猿锟斤拷纸峁癸拷圆锟斤拷欤拷只锟斤拷锟秸癸拷锟轿拷谐锟斤拷锟斤拷鄣锟斤拷锟斤拷锟斤拷锟斤拷锟街伙拷锟�
为锟斤拷一锟斤拷锟斤拷锟斤拷锟斤拷业锟截诧拷锟叫筹拷锟斤拷展锟斤拷锟斤拷锟斤拷锟竭硷拷锟斤拷锟桔碉拷锟斤拷媒锟斤拷锟斤拷锟斤拷锟劫次对伙拷CBRE锟叫癸拷锟斤拷锟杰诧拷锟斤拷锟借，锟斤拷一锟斤拷锟斤拷业锟截诧拷锟斤拷锟斤拷叩慕嵌瘸锟斤拷锟斤拷锟斤拷锟斤拷粘锟斤拷时锟斤拷谐锟斤拷锟角罢巴硷拷锟斤拷锟�
锟斤拷锟斤拷锟斤拷锟斤拷詹锟斤拷锟�
“锟揭碉拷揖摺锟斤拷锟斤拷锟斤拷只锟斤拷锟狡凤拷锟斤拷锟斤拷锟角匡拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟窖★拷锟斤拷锟斤拷锟斤拷锟狡拷停锟斤拷锟接筹拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟皆革拷锟斤拷越锟斤拷锟斤拷锟�”锟结及锟斤拷前锟斤拷锟斤拷锟斤拷锟斤拷愿锟斤拷锟狡ｏ拷锟斤拷锟借开锟脚硷拷山指锟斤拷锟斤拷前锟斤拷锟斤拷品锟斤拷只锟斤拷木锟斤拷锟斤拷锟斤拷锟斤拷
锟斤拷锟酵憋拷锟斤拷锟斤拷锟斤拷锟阶斤拷锟斤拷锟揭伙拷锟角匡拷锟斤拷锟斤拷锟�——锟斤拷锟斤拷锟斤拷锟斤拷锟窖的伙拷跃锟饺★拷锟斤拷锟介、锟侥伙拷锟斤拷锟界交锟饺革拷锟接硷拷值锟斤拷品锟侥憋拷锟较可讹拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷“锟斤拷锟斤拷锟斤拷为锟斤拷锟斤拷未锟斤拷锟酵凤拷锟斤拷锟斤拷潜锟斤拷锟斤拷锟斤拷锟斤拷转锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷要锟斤拷锟斤拷”
锟斤拷锟街结构锟皆变化锟斤拷锟接帮拷锟斤拷锟斤拷锟斤拷锟狡凤拷频木锟斤拷撸锟斤拷浠拷械锟斤拷锟斤拷锟斤拷锟斤拷锟绞癸拷锟斤拷谐锟斤拷锟绞硷拷锟斤拷毓鄄夂ｏ拷锟狡凤拷锟斤拷诨锟斤拷诺锟侥碉拷锟斤拷锟斤拷锟皆★拷锟斤拷CBRE 锟斤拷锟斤拷3锟铰斤拷锟叫碉拷锟叫筹拷锟斤拷锟斤拷锟斤拷锟介，锟斤拷锟斤拷品锟斤拷锟节癸拷锟斤拷锟斤拷展锟侥伙拷锟斤拷锟皆诧拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷业锟斤拷锟斤拷询锟叫ｏ拷约73%品锟斤拷锟芥及锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷诺辍�
锟斤拷锟斤拷锟斤拷识锟斤拷锟斤拷锟斤拷锟斤拷品锟狡碉拷锟脚碉拷锟斤拷圆锟斤拷锟揭伙拷刹锟斤拷洌拷锟斤拷歉锟斤拷莸锟斤拷锟斤拷谐锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷啤锟斤拷锟秸硷拷屎锟接拷锟剿斤拷锟狡凤拷锟斤拷锟斤拷锟斤拷锟斤拷诘锟斤拷锟斤拷锟斤拷锟斤拷锟绞憋拷锟斤拷锟斤拷锟�
“锟叫斤拷锟斤拷锟剿ｏ拷锟脚伙拷锟斤拷锟较猴拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷谐锟斤拷某锟教拷锟�”锟斤拷锟斤拷透露锟斤拷2024锟斤拷锟叫癸拷锟斤拷锟斤拷锟斤拷锟杰讹拷咏锟�49锟斤拷锟斤拷元锟斤拷锟斤拷全锟斤拷诙锟斤拷锟斤拷锟斤拷锟斤拷锟叫筹拷锟斤拷CBRE锟斤拷锟斤拷锟斤拷锟窖帮拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷品锟斤拷锟斤拷锟叫癸拷锟斤拷锟斤拷椎锟酵达拷锟铰革拷锟斤拷辍�
锟斤拷锟斤拷CBRE锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷示锟斤拷锟斤拷一锟斤拷锟斤拷锟窖筹拷锟斤拷锟酵放斤拷为锟斤拷锟斤拷锟斤拷业锟叫筹拷注锟斤拷锟斤拷锟斤拷锟揭诧拷锟斤拷锟揭伙拷锟斤拷锟斤拷锟斤拷鼙锟斤拷锟揭碉拷夭锟酵讹拷省锟�“锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷殉锟斤拷锟斤拷锟斤拷锟斤拷驴锟斤拷牛锟斤拷锟斤拷锟斤拷锟揭碉拷锟斤拷频锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟揭碉拷夭锟揭诧拷艿锟斤拷锟酵讹拷锟斤拷吒锟斤拷锟侥癸拷注锟斤拷”
锟斤拷CBRE锟叫撅拷锟斤拷锟斤拷锟斤拷示锟斤拷锟狡碉拷锟斤拷锟斤拷锟揭碉拷锟斤拷锟斤拷锟�2023锟斤拷锏斤拷锟�2019锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷叻澹伙拷锟斤拷锟斤拷锟斤拷锟揭碉拷拇锟斤拷诮锟斤拷锟斤拷诠锟饺ワ拷锟斤拷锟斤拷奂平锟�1000锟斤拷元锟斤拷2024锟斤拷锟斤拷浅锟皆斤拷旃ワ拷锟轿拷锟斤拷锟斤拷锟揭碉拷锟斤拷锟斤拷械慕锟斤拷锥锟斤拷锟阶★拷
锟桔碉拷锟斤拷媒锟斤拷锟斤拷锟斤拷锟斤拷谈锟叫碉拷知锟斤拷CBRE每锟疥都锟结开展一锟斤拷投锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷椋拷锟酵拷锟斤拷锟斤拷址锟绞斤拷锟酵讹拷锟斤拷锟教斤拷趾头锟斤拷锟斤拷泄锟斤拷锟揭碉拷夭锟斤拷谐锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷坪筒锟斤拷越锟斤拷椤�
锟斤拷锟斤拷锟斤拷CBRE 2025锟斤拷锟斤拷锟铰碉拷锟叫癸拷投锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷校锟斤拷锟斤拷锟斤拷锟揭碉拷途频锟街憋拷锟斤拷锟斤拷投锟斤拷锟竭癸拷注锟斤拷锟斤拷业锟斤拷锟酵的碉拷锟斤拷位锟酵碉拷锟斤拷位锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷一锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷
“锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷业锟酵酒店，锟斤拷锟角匡拷锟斤拷锟斤拷锟斤拷锟矫等广泛锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷氐牡夭锟斤拷锟斤拷停锟斤拷锟接拷锟斤拷锟斤拷锟斤拷锟酵讹拷驶乇锟斤拷锟斤拷锟斤拷锟斤拷芯锟斤拷锟斤拷缘锟斤拷锟斤拷谩锟�”锟斤拷锟斤拷锟绞撅拷锟�
锟斤拷一锟斤拷锟芥，锟斤拷锟斤拷牡锟斤拷锟斤拷锟绞撅拷锟酵讹拷锟斤拷锟斤拷锟轿拷锟皆碉拷锟斤拷蔚牟锟饺凤拷锟斤拷浴锟斤拷跃锟斤拷锟剿ワ拷说牡锟斤拷呛锟斤拷锟斤拷锟斤拷谐锟斤拷锟斤拷锟斤拷锟斤拷墙锟斤拷锟斤拷锟揭碉拷夭锟酵讹拷锟斤拷锟斤拷锟斤拷俚锟斤拷锟揭拷锟秸斤拷锟斤拷锟斤拷锟斤拷锟斤拷同时锟斤拷锟斤拷80%锟斤拷投锟斤拷锟竭憋拷示锟斤拷维锟街伙拷锟斤拷锟斤拷锟斤拷锟斤拷业锟截诧拷锟斤拷锟斤拷锟矫★拷
“锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷遣锟斤拷锟侥ｏ拷锟叫筹拷锟节筹拷预锟斤拷锟金荡碉拷同时锟斤拷也锟斤拷锟斤拷锟斤拷锟铰碉拷投锟绞伙拷锟斤拷锟斤拷”
锟斤拷锟斤拷锟酵凤拷锟诫供锟斤拷平锟斤拷
2024锟斤拷锟斤拷锟斤拷锟斤拷锟叫癸拷锟斤拷业锟截诧拷锟斤拷锟斤拷锟斤拷为时一锟斤拷锟斤拷什锟斤拷鄹锟斤拷锟劫碉拷锟斤拷锟斤拷锟斤拷锟竭碉拷锟斤拷锟斤拷锟襟，达拷锟斤拷锟脚凤拷锟斤拷锟酵放的癸拷锟教★拷锟斤拷锟斤拷锟斤拷示锟斤拷锟斤拷止2025锟斤拷一锟斤拷锟饺ｏ拷锟斤拷锟斤拷一锟竭筹拷锟斤拷锟斤拷要锟斤拷锟斤拷锟斤拷业锟截诧拷锟斤拷锟绞憋拷锟斤拷锟斤拷锟斤拷位锟斤拷位锟窖撅拷锟斤拷锟斤拷锟斤拷5.5%-6%锟斤拷“锟斤拷锟斤拷谐锟斤拷锟斤拷薹锟斤拷锟斤拷锟斤拷锟斤拷剩锟斤拷锟斤拷十锟斤拷锟节癸拷债锟侥碉拷锟斤拷锟斤拷锟斤拷锟绞ｏ拷锟竭筹拷370锟斤拷锟斤拷锟斤拷锟斤拷锟较★拷”
锟斤拷实锟较ｏ拷锟叫癸拷锟斤拷业锟截诧拷投锟斤拷锟金渐从革拷锟杰革拷转锟斤拷锟斤拷锟杰杆ｏ拷使锟矫猴拷锟斤拷锟斤拷投锟斤拷锟阶次具憋拷锟剿憋拷要锟斤拷锟斤拷锟斤拷“锟缴革拷锟杰杆伙拷锟斤拷转为锟斤拷锟杰革拷锟角斤拷锟斤拷锟斤拷锟叫癸拷锟斤拷业锟截诧拷投锟斤拷锟斤拷锟侥变化之一锟斤拷锟斤拷一锟斤拷锟斤拷锟皆变化锟斤拷锟斤拷锟斤拷锟截硷拷指锟疥共同锟斤拷锟矫的斤拷锟斤拷锟�”
锟斤拷锟斤拷锟斤拷锟斤拷锟矫筹拷锟斤拷锟斤拷锟斤拷什锟斤拷锟斤拷锟斤拷械锟斤拷鄣锟斤拷锟斤拷锟斤拷证锟斤拷锟斤拷2021锟斤拷锟侥硷拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟叫筹拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟绞ｏ拷锟斤拷锟斤拷5锟铰碉拷锟斤拷锟揭伙拷蔚锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟絃PR锟斤拷一锟斤拷锟斤拷LPR锟街憋拷为3.5%锟斤拷3.0%锟斤拷锟桔硷拷锟铰碉拷锟斤拷锟斤拷锟窖撅拷锟斤到115锟斤拷锟斤拷锟斤拷锟�85锟斤拷锟斤拷锟姐。
“同时锟斤拷锟杰碉拷锟斤拷锟斤拷锟叫筹拷锟斤拷锟斤拷劬锟斤拷锟斤拷锟斤拷锟斤拷圆锟斤拷锟斤拷锟接帮拷欤拷时锟斤拷锟斤拷锟剿斤拷锟斤拷锟斤拷顺锟斤拷锟斤拷锟斤拷锟斤拷小锟紺BRE锟叫撅拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷示锟斤拷一锟竭筹拷锟叫办公楼锟斤拷锟斤拷锟斤拷锟斤拷业锟斤拷锟竭憋拷值锟斤拷时锟斤拷锟斤拷蚀锟�2021锟斤拷时4-4.5%锟斤拷锟斤拷偷悖拷锟斤拷锟斤拷锟侥壳帮拷锟�5.5-6%锟斤拷”
锟缴此匡拷锟斤拷锟斤拷锟斤拷锟斤拷锟绞诧拷锟斤拷锟绞憋拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟绞碉拷锟斤拷锟斤拷锟斤拷实锟斤拷锟缴革拷转锟斤拷锟斤拷
锟接革拷锟杰革拷锟斤拷锟斤拷锟杰杆碉拷转锟戒，锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟叫癸拷锟斤拷锟斤拷锟绞诧拷锟桔革拷锟斤拷锟斤拷头锟斤拷锟斤拷头诺锟斤拷锟斤拷帧锟�“锟斤拷锟街撅拷锟斤拷泄锟斤拷锟揭碉拷夭锟酵讹拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟届，锟斤拷原锟斤拷锟斤拷锟绞憋拷锟斤拷锟斤拷锟斤拷锟斤拷为锟斤拷锟斤拷锟斤拷锟缴筹拷为一锟斤拷锟斤拷锟斤拷为锟斤拷同锟斤拷锟斤拷偏锟矫和诧拷锟皆碉拷锟绞憋拷锟结供锟斤拷锟斤拷锟斤拷投锟绞伙拷锟斤拷锟斤拷谐锟斤拷锟�”
锟节达拷之锟解，锟斤拷锟节癸拷募REIT锟叫筹拷锟较ｏ拷锟斤拷锟解房锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟窖伙拷锟斤拷锟斤拷施锟斤拷锟街达拷锟斤拷锟斤拷锟饺诧拷权锟斤拷REIT锟斤拷锟叫筹拷锟斤拷锟斤拷锟斤拷去锟斤拷锟侥硷拷锟斤拷锟斤拷锟斤拷锟秸憋拷锟斤拷锟斤拷锟斤拷锟洁处锟斤拷锟斤拷劢锟斤拷椎锟斤拷锟斤拷洹ｏ拷锟斤拷锟揭伙拷锟斤拷潭锟斤拷锟斤拷锟街わ拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟揭碉拷夭锟斤拷什锟斤拷鄹锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟侥办公楼锟斤拷锟斤拷锟斤拷锟角和达拷锟斤拷锟斤拷锟侥高憋拷值龋锟轿达拷锟斤拷锟�6-12锟斤拷锟铰很匡拷锟杰斤拷迎锟斤拷锟斤拷锟斤拷锟斤拷投锟绞的达拷锟斤拷锟节★拷
锟斤拷锟截癸拷投锟斤拷锟斤拷实锟斤拷锟斤拷锟斤拷CBRE 2025锟斤拷锟斤拷泄锟酵讹拷锟斤拷叩锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷洌拷锟�41%锟斤拷锟杰凤拷锟竭计伙拷锟节斤拷锟斤拷锟斤拷懈锟斤拷锟斤拷锟斤拷锟酵讹拷剩锟斤拷锟斤拷2024锟斤拷锟�47%锟斤拷锟斤拷锟铰斤拷6锟斤拷锟劫分点；锟斤拷选锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷什锟斤拷锟斤拷芊锟斤拷弑锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟�51%锟斤拷
“投锟斤拷锟竭碉拷锟斤拷锟斤拷锟斤拷锟斤拷锟角斤拷为锟斤拷锟斤拷锟侥★拷锟斤拷锟斤拷锟叫筹拷锟斤拷锟斤拷锟斤拷锟洁当锟教度的诧拷确锟斤拷锟皆ｏ拷投锟斤拷锟竭讹拷注锟斤拷锟街斤拷锟斤拷锟饺讹拷锟皆的猴拷锟斤拷锟酵和猴拷锟斤拷锟斤拷锟斤拷锟酵诧拷锟皆碉拷偏锟矫程讹拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷”
锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷谐锟斤拷慕锟斤拷锟斤拷锟斤拷锟斤拷锟皆达拷诙缘锟斤拷锟斤拷谐锟斤拷锟斤拷锟狡斤拷锟斤拷思锟斤拷锟斤拷锟斤拷锟斤拷业锟截诧拷投锟斤拷锟叫ｏ拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟狡讹拷锟叫筹拷锟斤拷锟斤拷锟斤拷锟叫的猴拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟叫筹拷锟斤拷锟节变换锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟角帮拷煞锟斤拷锟斤拷锟斤拷幔�“锟斤拷业锟截诧拷投锟绞的诧拷锟斤拷锟酵凤拷锟斤拷锟斤拷锟斤拷锟斤拷锟叫ｏ拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷也同锟斤拷锟斤拷植锟节此★拷”
锟斤拷锟斤拷·锟节合碉拷锟斤拷锟斤拷 | 锟斤拷锟斤拷没锟叫边界，只锟斤拷锟斤拷锟睫匡拷锟杰★拷
锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟缴观碉拷锟斤拷莨锟斤拷锟斤拷锟较拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟酵讹拷式锟斤拷椋癸拷锟角帮拷锟斤拷实锟斤拷
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