??????丨æ?¨å? ???¥å½¤ ??è¾?/p>

???????´ç??è°?ç­???ç³»å???¥å??ä»?ESTæ¡??¶ï??¿æ²»??ç»?æµ???社ä????????为å?¨ç????èµ?人å??°ä¸­?½æ?¿ç??¨æ???¾ã???¨å?ä¸??¶ç?¹ï?å¸??ºå?å¤??¨å?°ç?å½¢å?¿ç???¹å??没æ??ç»?äº??????³æ³¨ï¼?对ç?æµ?å¤?????ç»??§ç????忧ä???????????ä»??为ï?

????1ï¼?人æ?å¸?è·¨å??¶ä???æ¯?ä¸????????½å?ä¸??½ç?æµ?å¤?????产ä??¾å?????ä¸???ä¿¡å?ç¥???»ç??????????ç¾??½é??è´§è?¨è?????¨å??????é£??©æ??忧ç???????¾ä??°ã??ä¸?????°å?å§?é«?å±??¥è§¦ï¼?å°??????¿å??2023å¹´ç??ç«?äº???级å?????¥è??¤ã??

????2ï¼?ä¸??½ç?æµ?æ­£å??¨â?????¨ä??¹â??ï¼?ç»?æµ?ä¿???å¤???ï¼?ä½???æ±?ä»??¶ä?足ã??å¸??ºé?åºþ@?³æ³¨4??社è??ä¿¡è´·?°æ???äº?é¢???ä¸?????水平继续???½ï?ä½?å¤?????°±ä¸?ä¼?ä¸?å¸?é£?顺ï?åº???æ­¥æ?¹å??对ç?æµ??ºæ???¢å???¿ç?强å?ºæ???è··è··?¿å??å¼?å¿???ï¼???ç»??³æ³¨?¿ç??§é????å·¥å?·ç??使ç?¨å??è¿?ä¸?æ­¥é??ä½???èµ???????????å®?è§?è°??§ã??

????3ï¼???ä¸??¹ä¼°?????????ºæ?¹é?©ä??½è??½ä??¹é?©ç??????ç»???ï¼??¨ä?季度ä»??¶å?·æ??è¾?é«?????èµ?ä¼??¿ã??建è????©ä¼°?¼è?ä½?????红稳å®???ä¿¡æ?????²å?????ESGè¯???è¾?é«???管ç??å±??¸å?å¸??ºå?????ºæ???¢ç¨³?ºã??ä¸??¶ä?主é?ï¼?ä¸?å¸þ??è·????°å?ç»?æµ?ç­?ï¼?å¥??????½è?å§???ä¸?ä¸?å¸????¸ï??¹å??????建ä???ä¸?æµ?示è??ä¼?ä¸???21家央ä¼??????å±?ä¼?ä¸???

????4ï¼???????管æ?ºæ??å°???ç»???¥æ?°ä?ä»»å???ï¼???强å????é¢?导ã??????????å·¡è???é£??©å??解é?²è??????ä½???èµ??????严ç??管æ??è·?»§ç»?»¶ç»???³æ³¨å¹´ä¸­???½å?????ä¸?¤®????å·¥ä?ä¼?è®??¸å?³é?¨ç½²??

??????2023å¹´ç???¥å¤©???交â?????????????¥å¤©ï¼?ä¸???????¥è§¦å°??????¿å??ç«?äº????§å?????¥è??¤ã??

????ä¸??¹é???2021å¹´å???°å?´å??ºå????å±?ä¸??æµ?ä½?ç»?æµ??»é????æ¯?è¶?è¿?40ï¼?ï¼??????²æ?°é???ä¸????ä¸???äº??½æ???æµ??»é??è¶?è¿?20ä¸?亿人æ°?å¸????ºå??ï¼???ç¾??½å?ç»?æµ??»é????è¿?50ä¸?亿ã??å¯????³æ³¨??ä¸?å¸þ??è·??????¨å¹´å¸þ=?¥ç??å¤?交å??è´¸æ???°å?? ¬??

?????þ???¹é????¨ä¸­æ³???ä¸?¾·å¼ºå????ç³»å??ï¼?ä¸????ä¸?¾³?????å±??¥è§¦ï¼?ä¸???³ç³»æ­¢è?ä¼?稳ç???þA?æ·±å?¥è?论å??????¿å?????¥è??¤ï???024å¹´ç??½æ?»ç?大é??ä¹???????äº????????稳å????????ç»??³æ³¨ç¾??½å???½ç??访å??è¡?ç¨???

?????¼å?注æ???????人æ?å¸?è·¨å??¶ä???æ¯?????åº?ä¸??½è·¨å¢?è´¸æ??ç»?ç®?ä¸??è¶?ç¾???ï¼??½ç?¶äººæ°?å¸??½é????æ°´å¹³ä¸?ç¾???欧å??ä»??????¾å·®è·?ï¼?ä½????¶å??????å¤??½â???»ç???????ä½??°ä?ä¸??????½é?¿å???¨ä¸­ç¾?ä¹??´é??è¾¹ç?ï¼?并å?????å°??¨ç????è´§è?¨è????ç»???ç¾??½é?¨å??????é£??©ç??å½±å????

??????????ä¸??½ç?æµ?å¤?äº??????¨ä??¹â??ï¼?åº?对ä?ä¸?ä¸?å±?æ°???ä¿¡å?ä¿????èµ?产è??ºè¡¨ä¿??ä¿?????å¿?ï¼????¶ä?åº???å¾?强æ?¿ç??ºæ???

????4??ç»?æµ??°æ?????é¢???æ­£æ???¿æ²»å±?ä¼?è®????ºç????ç»?æµ?è¿?è¡?好转主è????¢å??§ç??????????ï¼?ä¿???????ºç?°æ?¾ç???å¤??ä¸?季度货å??¿ç??§è??¥å?????ºï??½å??ç»?æµ??????¨å??è¿?ä¸?强ï???æ±?ä»??¶ä?足ï??¨ç??ç»?æµ?å¢??¿è?ç¼?ï¼?????ä»?å¤?äº?é«?ä½?ï¼?主è?å¤???¿ç?紧缩??åº??¾ç?°ã??

????此轮ç»?æµ?ä¿????????????????¶é?´ç???¨ç§»ï¼?å±?æ°?å°±ä???ä¿¡å?以å???¿å?è´¢ç??¶å?¥é?½ä?è¿?ä¸?步好è½???é¢?计å??ç»????对æ?§å??½å?è§?è°??§ï?ä¸??????社ä???èµ?è§?模å???????ä¹?ç»?æµ?å¢????ºæ???¹é??ï¼?äº???????©ç??æ°´å¹³??????åºþ

????4??åº????¹å???ç¡????ºï?1ï¼?ç§??????°å??å®???å®?è§?è°??§ï??´å?è¿??¨æ?¹é?©ç????æ³?解å?³å??å±?ä¸??????ï¼?2ï¼???å®?ä¸?移æ?¨å?¨é?è´¨é????å±?ï¼?强å??é«?æ°´å¹³ç§????????¼ºï¼???å¿?º§ä¸?ç»???ä¼?????级ï?ä¿?è¿???乡å?ºå????è°???å±?ï¼??¨å?¨å??å±??¹å?绿è?²è½¬??ï¼?3ï¼??????²è????解é??大é??©ï????¹æ??好粮é£?å®??¨ã???½æ?èµ?æº?å®??¨ã??产ä??¾ä?åº??¾å??¨ç¨³å®?ç­?é¢???å·¥ä?ï¼?以æ?°å??¨æ?¼å?ä¿????°å??å±??¼å?????»¥???ºï??¹é?©ã??ç§??????½å?å®??¨ã??é«?è´¨é????å±??????¿ç??³é?????

????????ä¸??¹ä¼°?????????ºæ?¹é?©ä??½è??½ä??¹é?©ç???????åº?æ·¡å??主é???èµ?ï¼??³æ³¨ç»©ä???å¤??好å???¸ã??

????ä»??½è?å§?è§?åºþ>??ï¼?2023å¹´æ???ºä??°ä?è½??½è??½ä??¹é????建ä???ä¸?æµ?示è??ä¼?ä¸?+???????°å???½ä?ä¸?大ç????³ï????¸å?³æ³¨ROE???¥ä??°é??æ¯???ï¼?ä½??°ä?é«?è´¨é????å±????½å?å®??¨ä¸¤å¤§ç??????ä»?è¯???ä¼?è§?åºþ>??ï¼??½æ??ä¸?å¸????¸ä??¹é?¢å???强ä?ä¸??????¥æ?§æ?´å??ï¼??þ???¹é?¢è???强æ??èµ???管ç??ï¼?强å????????¸æ??è¯???两é?¨å??¹é?©æ?¹å????å¥????¹å?³ä¼°?¼é?ä½?ä½??°å???¸å???¨ä»·?¼ã???????°ä¸­å¤??½è?å§???ä¸??¥æ??è¶?è¿?400å®??¡ä?å¸????¸ï?ä¸?åº?ç®???以主é¢???ä½?è¿?è¡?è½????????²¾??ï¼?ä¼°å?¼å????+??红æ?¹å??+ä¿¡æ?????²å???+ESGè¯???è¾?é«?+å¸??ºå????管ç??å±?/ç§??????¡æ??æ¿???ä¼?ç§??ºæ???¢ç??绩ä??¡ï??¹å??????建ä???ä¸?æµ?示è??ä¼?ä¸???21家央ä¼????¢å????ä¸?å¸þ??è·???两æ?¡ä¸»çº¿å?????????¸ã??ä¸?大å??ºç????¼å?讨è?ï¼?

????å¸??ºæ??????å¿?B>1??ï¼??½è?大è?¡ä?å°???å®?å¢???????ç­?èµ?????ä½?????ä»??为ï??½è??½ä??¹é?©ç????è¦?????ä¹?ä¸???????½è?å¸?å±???è°??´äº§ä¸?ç»???ï¼???æ­¤ä?ç»?è¡?ä¸????½å??产è?½å??¾å?ºç?°è¿½??大ç???èµ??????µï??þ@?ROE??é«???è¦?æ±?ä¹?让å??红ç????é«???为è?å¤?ä¼?ç»?è¡?ä¸????¸ç??ä¼??????©ï??????¥æ?§æ?°å?´äº§ä¸?????èµ???æ±??´å????ä¸??¹å???ä¸?åº?è¿?åºþ@?³æ³¨æ°?ä¼??½ä?å±??§ï?ç§??????°ã???½å?å®??¨é??è¦??´å??¡æ????èµ?????????

???????¸æ????å®???è¾?å°????þ??å½±å???½å?°æ????????ä»??为ï??½è?å§?è¿?å¹´æ?¥æ??ç»???????¸æ????ï¼???ä¸??©ä???????ä¼?????ç¡?????¸é??å¿?ï¼?诸å?å¤?????¢å??????解ä??°ä?è½??¹é?©ç????è¦??§ã???·ä??¥ç??ï¼??©æ¶¦?»é?å¢???è¦?é«?äº??¨å??DPå¢???ï¼?此项????ç¡??æ±?ï¼????´ä¸º?³é??????ä¸??ä¸?æ­¥æ????ï¼??¨å???³å?¨ç??产ç????????ç»?è´¹æ???¥ã????èµ?产æ?¶ç???????¥ä??°é??æ¯???ï¼???è¦?æ±?ï¼?å°??¨å??ä¸?å¤?????¢ç??å¸??ºå??ç«?äº?ä¸???°æ?????½å???

?????¶è?ç­????þ>????¹é?©è???¨æ???????±è´¢?¿é?¨å±¥è¡??ºè?人è??è´£ç??23家中å¤?????ä¼?ä¸?ä¹?è¢?¤¾ä¼?认为???½æ??ä¼?ä¸?ï¼?并å???äº?ä¼°å?¼ä?????红é?????管å??³æ³¨??å¤?????èµ???追æ?§ã????ä»??为å?½æ??????ä¼?ä¸?????å¿?ä»??¶æ?????¡å?ä½?ç»?æµ?????ä½???èµ???????强å??é£??©å??解ï?????å°????³æ³¨?°å??PI???¸å?ºç?°å??????å½??¶ï?ä¸????þA???????½ä?ä¸?å¸????¸å?¨å??ç»??°ä?è½??????ºæ?¹é?©å??ï¼?????认ç?¥å?°ä??¡ä?????ä¿???????è¦??§ï???èµ???è¯?æ±?å°?å¾??°æ?´å?????æ²?????

???????»ç???¥ç??ï¼?PEST模å??????ä¸?ä¸??½æ?¿ç?并ä?????ºæ³¢?¨ç??主è?å½±å??ï¼?å¸??ºè??¥å?ºæ???¢é©±?¨é?¶æ???

????ä¸??½å?°ç??¿æ²»????¹å?????¾ï?ä¸?å¸þ??è·???ä¸???¥è§¦????ç»??å¯??¹ï??½å??ç»?æµ?å¤????¾ç?ï¼?ä½??¿ç?ä¿???å®???ï¼?以é?è´¨é????å±?????强å?ºæ??¥ç¨³å®?é¢?????ä¹?ä¹?为å??ï¼???ä¸??¹ä¼°?????½è??½ä??¹é?©ä?èµ?????ºæ?¹é?©è?????ä½?å¦???????»¥ä¸»é???èµ???维填平估?¼æ´¼?°ï?该ç??¥æ?§ä»·æ¯???????ä½?????ä»?»ºè®??³æ³¨å¤???主线??????绩ä??½è?å§??½ä????¨æ?¿ç?æ³¢å?¨ä?大å??å¢???èµ????????????µä?ï¼???èµ?人å??´å???³æ³¨ç»?æµ?é«?é¢??°æ????ä¼°å?¼æ?§ä»·æ¯????°å?ç»?æµ???é«?è´¨é???½ä?ä»??¶æ???¨å¹´ä¸»çº¿ï¼?ä½???ä»?»ºè®???¾æ?§ä»·æ¯???ç¡???§æ?´å¼º??????ï¼??¨å??¡ä»¶????ä¸?ä¼???ä¸??¹ä¼°????ï¼?并以 GARP ??è·????©ä¼°?¼å??????绩ä??¸å?èµ?产ã??

??????é£??©å??ç´?ï¼?

????ä¸???³ç³»?¶å??ï¼?å®?è§?ç»?æµ?å¤???ä¸???é¢???ï¼??½æ??ä¼?ä¸??¹é?©ä???é¢???ï¼?èµ?????ºæ?¹é?©ä???é¢?????