锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟节讹拷夜蓹锟酵讹拷Y锟叫撅拷锟結锟斤拷锟斤拷露锟侥旓拷锟斤拷锟斤拷2022锟斤拷锟斤拷锟絀T锟斤拷锟诫導锟絯锟斤拷锟斤拷锟斤拷锟絫藥锟斤拷硬锟狡硷拷投锟結锟斤拷缺锟斤拷指邼q锟斤拷锟竭讹拷锟斤拷锟斤拷锟斤拷锟絇注锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟叫ｏ拷锟诫導锟絯锟斤拷锟斤拷锟斤拷O锟斤拷賽锟斤拷锟斤拷锟斤拷锟斤拷啵琕C/PE锟斤拷锟絃锟経投锟結/私募锟缴欙拷投锟結锟斤拷投锟結锟斤拷锟絶锟絖1800锟絴锟斤拷

锟斤拷锟斤拷锟斤拷位锟絀锟斤拷锟斤拷士锟斤拷示锟斤拷锟侥股欙拷投锟結锟斤拷锟絋賽锟斤拷锟叫換锟斤拷锟斤拷锟斤拷探見锟斤拷锟斤拷锟津實發展锟铰勶拷锟斤拷锟叫囷拷锟斤拷锟斤拷I锟斤拷锟斤拷锟缴达拷變锟斤拷锟斤拷追锟斤拷锟皆★拷锟斤拷锟斤拷锟届”锟斤拷锟接★拷锟斤拷锟斤拷锟絃锟斤拷锟斤拷锟介經锟斤拷锟斤拷锟斤拷锟絃锟斤拷锟斤拷锟斤拷锟紸锟斤拷也锟斤拷锟斤拷锟斤拷投锟結锟铰機锟斤拷锟斤拷

锟斤拷锟斤拷锟诫導锟絯锟斤拷硬锟狡硷拷投锟結锟斤拷雀锟�

锟斤拷锟斤拷锟侥多方锟絣锟斤拷锟侥旓拷锟斤拷锟斤拷锟斤拷锟斤拷2022锟斤拷锟斤拷锟絀T锟斤拷锟诫導锟絯锟斤拷锟斤拷锟斤拷锟絫藥锟斤拷硬锟狡硷拷投锟結锟斤拷缺锟斤拷指邼q锟斤拷

锟斤拷锟斤拷锟斤拷苿锟斤拷I锟絣锟斤拷锟侥★拷2022锟斤拷锟叫囷拷锟缴欙拷投锟結锟叫堬拷锟絣展锟叫撅拷锟斤拷妗凤拷@示锟斤拷2022锟斤拷前锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷投锟結锟斤拷锟斤拷锟角半導锟絯锟斤拷锟斤拷锟斤拷O锟斤拷賽锟斤拷锟斤拷VC/PE投锟結锟斤拷锟絶锟絖1800锟絴锟斤拷锟斤拷锟斤拷源锟斤拷2022锟斤拷锟斤拷锟絃锟劫讹拷锟斤拷锟斤拷锟叫業锟斤拷锟斤拷锟藉潔锟斤拷锟絞锟絀锟斤拷锟酵讹拷Y锟斤拷锟絶同锟斤拷锟斤拷锟絃锟斤拷78.7%锟斤拷

锟斤拷锟斤拷锟斤拷锟斤拷锟絯锟斤拷锟叫業锟街诧拷锟斤拷2022锟斤拷IT锟斤拷锟诫導锟絯锟斤拷锟斤拷锟斤拷锟絫藥锟斤拷硬锟狡硷拷投锟結锟斤拷缺锟斤拷指邼q锟斤拷锟斤拷锟斤拷源锟斤拷锟铰诧拷锟斤拷锟斤拷锟絇注锟饺达拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟狡勶拷锟絀锟斤拷始锟剿★拷锟斤拷锟斤拷锟絃锟斤拷锟斤拷席锟斤拷锟叫癸拷锟斤拷锟斤拷锟絴锟絝锟斤拷

锟斤拷锟斤拷锟斤拷锟紸锟斤拷锟斤拷锟斤拷前锟絣锟斤拷锟侥★拷2022锟斤拷锟较帮拷锟斤拷锟叫囷拷锟狡硷拷锟斤拷锟狡動伙拷聯锟絎锟斤拷媒锟絯锟斤拷通锟脚ｏ拷TMT锟斤拷锟叫業私募锟缴欙拷投锟結锟斤拷妗芬诧拷@示锟斤拷2022锟斤拷锟较帮拷锟疥，锟狡硷拷锟叫業锟斤拷私募锟缴欙拷投锟結锟斤拷锟斤拷苑锟斤拷拥锟揭伙拷锟斤拷锟酵讹拷Y锟斤拷锟斤拷锟斤拷投锟結锟斤拷锟絶占锟斤拷TMT锟叫業锟斤拷投锟結锟斤拷锟斤拷锟酵斤拷锟絶锟斤拷81%锟斤拷77%锟斤拷

锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟絕锟斤拷傻锟酵讹拷锟斤拷Y锟斤拷锟斤拷也锟斤拷锟紺锟斤拷锟斤拷锟斤拷趨锟捷★拷锟斤拷锟斤拷知锟斤拷萍锟斤拷锟斤拷L锟絇锟狡硷拷锟节內的讹拷锟接诧拷萍锟斤拷锟絀锟紷锟矫达拷锟絶锟斤拷锟結锟斤拷锟芥及锟斤拷锟斤拷锟斤拷锟接嬶拷锟叫酒拷锟斤拷锟斤拷I锟斤拷聯锟絎锟斤拷硬锟狡硷拷锟絀锟斤拷a锟絀锟斤拷投锟結锟絶锟饺撅拷锟斤拷锟絴元锟斤拷

锟斤拷锟斤拷锟斤拷锟絖锟結锟斤拷锟斤拷始锟较伙拷锟斤拷锟絊锟絯锟斤拷示锟斤拷2022锟斤拷锟皆侊拷锟斤拷锟斤拷锟絖锟結锟斤拷锟窖斤拷锟斤拷锟斤拷顺锟斤拷^100锟絇投锟結锟斤拷锟斤拷要锟斤拷锟斤拷锟节半導锟絯锟斤拷锟斤拷锟斤拷锟絫藥锟斤拷锟斤拷锟斤拷源锟斤拷锟铰诧拷锟较碉拷硬锟狡硷拷锟絀锟斤拷

锟斤拷锟斤拷锟絧锟斤拷锟結锟斤拷锟斤拷始锟较伙拷锟斤拷锟杰憋拷锟绞撅拷锟斤拷锟接诧拷萍锟轿达拷锟斤拷锟斤拷锟紽锟絕锟斤拷陌l展锟斤拷锟斤拷锟斤拷锟絘锟斤拷锟斤拷锟斤拷臋C锟斤拷锟斤拷锟紷锟斤拷锟叫囷拷锟斤拷锟斤拷锟斤拷投锟結锟紺锟斤拷锟斤拷锟斤拷锟斤拷一锟絅锟斤拷锟捷★拷锟斤拷

锟斤拷锟斤拷锟竭讹拷锟斤拷锟斤拷锟斤拷P注锟斤拷锟絚

锟斤拷锟斤拷記锟斤拷锟絕锟届到锟斤拷锟斤拷锟秸ｏ拷锟斤拷腋叨锟斤拷锟斤拷锟筋惞锟剿撅拷锟斤拷锟斤拷锟結锟斤拷锟节诧拷锟斤拷投锟結锟剿匡拷锟斤拷锟斤拷锟絊锟斤拷锟斤拷锟斤拷I锟接匡拷锟斤拷叨嘶锟斤拷锟斤拷锟斤拷芑锟斤拷锟斤拷G色锟斤拷锟絣展锟斤拷锟竭讹拷锟斤拷锟届、锟斤拷锟斤拷锟斤拷锟斤拷葞锟斤拷锟斤拷锟斤拷锟酵讹拷Y锟紺锟斤拷锟斤拷锟斤拷锟劫機锟斤拷锟节燂拷锟絋锟絀锟津都加达拷锟斤拷投锟結锟斤拷锟饺★拷

锟斤拷锟斤拷锟斤拷2022锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷I锟斤拷锟斤拷投锟結占锟斤拷锟斤拷撸锟斤拷锟斤拷^40%锟斤拷锟狡硷拷锟斤拷锟斤拷锟节诧拷同锟絘锟絀锟侥廣锟斤拷锟紹透锟絚锟斤拷锟斤拷I锟饺傦拷锟統锟絀锟斤拷臄锟斤拷只锟斤拷锟斤拷锟斤拷芑锟斤拷D锟斤拷锟斤拷值锟斤拷锟絇注锟侥兩傦拷锟斤拷锟津。★拷锟斤拷锟斤拷Y锟斤拷锟斤拷始锟较伙拷锟斤拷锟斤拷锟斤拷锟斤拷示锟斤拷

锟斤拷锟斤拷小锟斤拷锟結锟斤拷锟较伙拷锟斤拷锟斤拷贊锟斤拷锟斤拷示锟斤拷锟斤拷锟斤拷锟叫★拷锟斤拷Y锟斤拷锟絖始锟斤拷锟斤拷劢锟斤拷锟斤拷锟斤拷M锟斤拷锟斤拷锟斤拷锟絇锟絀锟津，囷拷锟紷锟斤拷锟絇锟絘锟絀锟斤拷M锟斤拷投锟結锟斤拷锟斤拷锟揭傦拷锟斤拷锟斤拷锟斤拷锟絘锟絎锟斤拷模式锟斤拷锟結锟较拷锟截冿拷锟捷產锟絀锟斤拷锟絚锟絘锟絀锟斤拷锟絕锟組锟叫猴拷锟斤拷锟斤拷锟斤拷投锟結锟斤拷锟絗锟叫ｏ拷锟揭傦拷锟絣锟紽锟斤拷锟組锟斤拷锟斤拷锟斤拷目锟斤拷锟叫革拷锟竭的凤拷锟斤拷锟缴癸拷锟绞ｏ拷锟紷也锟斤拷锟斤拷锟揭傦拷锟斤拷锟接確锟斤拷锟皆碉拷投锟結思路锟斤拷锟斤拷

锟斤拷锟斤拷锟叫撅拷锟紺锟斤拷锟斤拷锟芥，锟斤拷锟絖锟紺券锟絁锟介，锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟矫诧拷锟洁，锟絘锟絀锟絣展锟絖锟斤拷越锟斤拷越锟届，锟节旓拷锟街斤拷锟斤拷锟絩锟斤拷锟斤拷锟斤拷锟斤拷锟絣展锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟絴锟斤拷锟斤拷锟斤拷锟絇锟絀锟斤拷锟节囷拷锟斤拷锟斤拷锟竭的达拷锟斤拷锟狡勶拷锟铰ｏ拷锟斤拷锟斤拷锟斤拷锟届、锟斤拷锟絀锟斤拷聯锟絎锟斤拷迎锟斤拷v史锟皆發展锟紺锟斤拷锟斤拷

锟斤拷锟斤拷锟斤拷锟斤拷锟紺券锟斤拷示锟斤拷锟揭囷拷锟斤拷锟斤拷I锟斤拷處锟斤拷锟缴达拷變锟斤拷锟斤拷锟斤拷锟斤拷锟絕锟斤拷锟斤拷锟絇锟絀锟紸锟轿ｏ拷全锟斤拷锟竭硷拷锟絞锟斤拷锟斤拷I锟斤拷锟絙锟斤拷锟斤拷锟斤拷I占規模锟斤拷锟较癸拷锟絀锟斤拷锟斤拷值锟斤拷锟截分別锟斤拷2012锟斤拷锟�9.4%锟斤拷28%锟斤拷叩锟�2021锟斤拷锟�15.1%锟斤拷32.4%锟斤拷锟斤拷锟斤拷聯锟絎锟斤拷锟襟數擄拷锟斤拷锟剿癸拷锟斤拷锟杰碉拷锟斤拷锟絛锟斤拷锟絞锟斤拷锟斤拷锟斤拷锟铰ｏ拷全锟斤拷锟斤拷锟斤拷I锟斤拷锟斤拷锟皆動伙拷锟斤拷锟斤拷锟杰伙拷锟斤拷锟斤拷锟絶锟組锟斤拷锟接匡拷锟斤拷锟組锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟截戯拷锟矫岋拷锟斤拷锟斤拷锟斤拷锟叫囷拷锟斤拷锟届競锟斤拷锟斤拷锟斤拷锟斤拷锟角筹拷锟斤拷要锟斤拷锟斤拷锟絰锟斤拷

锟斤拷锟斤拷映锟戒經锟斤拷锟紻锟斤拷锟斤拷锟斤拷锟斤拷效

锟斤拷锟斤拷锟斤拷锟斤拷锟侥憋拷锟斤拷锟斤拷锟斤拷锟斤拷覈锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷驅嵃l展锟斤拷锟絘锟絀锟結锟斤拷锟斤拷锟絤锟斤拷锟斤拷锟斤拷锟斤拷锟侥筹拷效锟斤拷

锟斤拷锟斤拷锟斤拷投锟結锟結锟斤拷锟絈锟斤拷未锟斤拷锟斤拷锟斤拷锟侥結锟斤拷锟斤拷锟斤拷锟絇锟斤拷锟斤拷锟斤拷映锟斤拷锟斤拷前锟揭囷拷锟斤拷锟斤拷锟絣展锟铰斤拷锟斤拷锟铰勶拷锟杰ｏ拷锟狡動產锟絀锟結锟斤拷锟紻锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟絘锟絀锟剿斤拷锟斤拷锟斤拷M锟絘锟絀锟斤拷锟斤拷锟斤拷全锟斤拷r值锟斤拷懈叨锟斤拷w锟狡碉拷趨锟捷★拷锟斤拷锟叫囷拷锟斤拷投锟叫撅拷院锟斤拷锟轿忥拷志前锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷記锟竭憋拷示锟斤拷

锟斤拷锟斤拷锟斤拷锟狡硷拷锟叫業锟叫半導锟絯锟叫業锟斤拷IT锟斤拷锟秸業锟斤拷锟叫堬拷追锟斤拷锟斤拷锟狡硷拷锟叫業锟斤拷锟竭忥拷锟斤拷锟斤拷锟节囷拷锟揭岋拷锟节科硷拷锟斤拷锟铰的达拷锟斤拷锟斤拷锟絤支锟街ｏ拷同锟絩锟斤拷锟揭岋拷锟节加匡拷锟筋化锟侥革創锟铰碉拷锟組一锟斤拷锟狡動ｏ拷锟狡硷拷锟叫業锟节革拷锟斤拷锟紸锟轿讹拷锟杰碉拷锟結锟斤拷锟斤拷锟斤拷A锟斤拷锟斤拷锟斤拷锟斤拷锟节和擴锟斤拷锟斤拷锟斤拷I锟斤拷投锟結锟斤拷锟斤拷锟酵斤拷锟絶占锟饺撅拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟紸锟斤拷锟斤拷锟叫囷拷锟斤拷計锟絀锟秸合伙拷锟斤拷莫锟斤拷锟絝锟斤拷

锟斤拷锟斤拷锟斤拷锟斤拷锟紸锟斤拷锟斤拷锟叫囷拷锟斤拷锟斤拷锟斤拷計锟叫堬拷锟斤拷锟杰合伙拷锟剿忥拷锟筋看锟斤拷锟斤拷锟絊锟斤拷锟斤拷锟揭革拷項凤拷锟斤拷锟斤拷锟斤拷锟斤拷效锟斤拷锟斤拷釋放ｏ拷锟斤拷锟絇支锟斤拷锟絜锟斤拷锟斤拷m锟斤拷锟組锟剿癸拷锟斤拷锟杰★拷锟斤拷锟斤拷锟斤拷息锟斤拷锟斤拷锟斤拷锟铰凤拷锟角帮拷锟斤拷I锟斤拷l展锟斤拷锟絣展锟斤拷锟絀锟斤拷聯锟絎锟斤拷锟斤拷锟斤拷锟窖大集筹拷锟铰凤拷锟斤拷斯锟斤拷锟斤拷艿葦锟斤拷之a锟絀锟斤拷锟狡硷拷锟叫業锟叫半導锟絯锟叫業锟斤拷IT锟斤拷锟秸業锟斤拷锟叫堬拷追锟斤拷锟斤拷未锟斤拷TMT锟叫業私募锟斤拷投锟侥憋拷锟紽值锟斤拷锟节达拷锟斤拷(記锟斤拷 袁小锟斤拷 锟斤拷倩)

锟斤拷锟斤拷 锟紻锟皆ｏ拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷