{"id":635075,"date":"2026-05-04T23:51:14","date_gmt":"2026-05-05T06:51:14","guid":{"rendered":"https:\/\/nai500.com\/?p=635075"},"modified":"2026-05-04T23:51:14","modified_gmt":"2026-05-05T06:51:14","slug":"%e5%88%ab%e8%bf%bd%e9%ab%98%e6%a6%82%e5%bf%b5%e8%82%a1%e4%ba%86%ef%bc%81%e8%bf%99-2-%e5%8f%aa%e8%b6%85%e8%b7%8c%e6%88%90%e9%95%bf%e8%82%a1%e5%ae%89%e5%85%a8%e8%be%b9%e9%99%85%e6%8b%89%e6%bb%a1","status":"publish","type":"post","link":"https:\/\/nai500.com\/zh-hans\/blog\/2026\/05\/%e5%88%ab%e8%bf%bd%e9%ab%98%e6%a6%82%e5%bf%b5%e8%82%a1%e4%ba%86%ef%bc%81%e8%bf%99-2-%e5%8f%aa%e8%b6%85%e8%b7%8c%e6%88%90%e9%95%bf%e8%82%a1%e5%ae%89%e5%85%a8%e8%be%b9%e9%99%85%e6%8b%89%e6%bb%a1\/","title":{"rendered":"\u522b\u8ffd\u9ad8\u6982\u5ff5\u80a1\u4e86\uff01\u8fd9 2 \u53ea\u8d85\u8dcc\u6210\u957f\u80a1\u5b89\u5168\u8fb9\u9645\u62c9\u6ee1"},"content":{"rendered":"<p>\u5f53\u4e0b\u7f8e\u80a1\u5e02\u573a\u8d44\u91d1\u6301\u7eed\u624e\u5806\u9ad8\u4f30\u503c\u70ed\u95e8\u6982\u5ff5\u80a1\uff0c\u5c24\u5176\u662f\u6ce1\u6cab\u5316\u7684\u79d1\u6280\u9898\u6750\u6807\u7684\uff0c\u5374\u5ffd\u89c6\u4e86\u4e00\u6279\u88ab\u5e02\u573a\u8fc7\u5ea6\u629b\u552e\u3001\u4f30\u503c\u8dcc\u81f3\u5386\u53f2\u4f4e\u4f4d\u7684\u4f18\u8d28\u6210\u957f\u4f01\u4e1a\u3002\u5f53\u524d\u5e02\u573a\u5b58\u5728\u660e\u663e\u7684\u8d85\u8dcc\u9519\u6740\u73b0\u8c61 \u2014\u2014 \u90e8\u5206\u6807\u7684\u867d\u77ed\u671f\u9762\u4e34\u7ecf\u8425\u6311\u6218\uff0c\u4f46\u957f\u671f\u589e\u957f\u6f5c\u529b\u8fdc\u672a\u67af\u7aed\uff0c\u5f53\u4e0b\u7684\u4f4e\u4f4d\u5e03\u5c40\uff0c\u6709\u671b\u5728\u672a\u6765\u6536\u83b7\u663e\u8457\u7684\u8d85\u989d\u6536\u76ca\u3002<\/p>\n<p>\u5982\u679c\u4f60\u6b63\u5728\u5bfb\u627e\u672c\u6708\u503c\u5f97\u5165\u624b\u7684\u4f18\u8d28\u6210\u957f\u80a1\uff0c\u4ee5\u4e0b\u4e24\u53ea\u6807\u7684\u7edd\u5bf9\u503c\u5f97\u91cd\u70b9\u5173\u6ce8\u3002\u5b83\u4eec\u5e76\u975e\u5e02\u573a\u4e0a\u88ab\u70ed\u7092\u7684\u9ad8\u6ea2\u4ef7\u79d1\u6280\u80a1\uff0c\u800c\u662f\u5f53\u4e0b\u6781\u5177\u6027\u4ef7\u6bd4\u7684\u4f4e\u4f30\u6807\u7684\uff0c\u5c24\u5176\u9002\u5408\u613f\u610f\u957f\u671f\u6301\u6709\u7684\u6295\u8d44\u8005\u3002\u8fd9\u4e24\u53ea\u517c\u5177\u6210\u957f\u97e7\u6027\u4e0e\u6781\u81f4\u5b89\u5168\u8fb9\u9645\u7684\u6807\u7684\uff0c\u5206\u522b\u662f<a href=\"https:\/\/nai500.com\/zh-hant\/%e8%82%a1%e7%a5%a8%e6%9f%a5%e8%a9%a2\/?qm_symbol=NVO\">\u8bfa\u548c\u8bfa\u5fb7\uff08NVO\uff09<\/a>\u4e0e<a href=\"https:\/\/nai500.com\/zh-hant\/%e8%82%a1%e7%a5%a8%e6%9f%a5%e8%a9%a2\/?qm_symbol=PDD\">\u62fc\u591a\u591a\u63a7\u80a1\uff08PDD\uff09<\/a>\u3002<\/p>\n<h2>\u8bfa\u548c\u8bfa\u5fb7\uff1aGLP-1 \u9f99\u5934\u77ed\u671f\u627f\u538b\uff0c13 \u500d PE \u51f8\u663e\u957f\u671f\u914d\u7f6e\u4ef7\u503c<\/h2>\n<p>\u4f5c\u4e3a\u5168\u7403 GLP-1 \u8d5b\u9053\u7684\u4e39\u9ea6\u5236\u836f\u5de8\u5934\uff0c\u8bfa\u548c\u8bfa\u5fb7\u5728\u8fc7\u53bb 12 \u4e2a\u6708\u80a1\u4ef7\u7d2f\u8ba1\u4e0b\u8dcc 36%\uff0c\u6210\u4e3a\u672c\u8f6e\u533b\u836f\u677f\u5757\u56de\u8c03\u4e2d\u8dcc\u5e45\u6700\u663e\u8457\u7684\u9f99\u5934\u4f01\u4e1a\u4e4b\u4e00\u3002\u80a1\u4ef7\u7684\u6301\u7eed\u75b2\u8f6f\u6838\u5fc3\u6e90\u4e8e\u5e02\u573a\u5bf9 GLP-1 \u8d5b\u9053\u7ade\u4e89\u52a0\u5267\u7684\u60b2\u89c2\u9884\u671f\uff0c\u53e0\u52a0\u5e02\u573a\u62c5\u5fe7\u8be5\u516c\u53f8\u5728\u4e0e\u7ade\u4e89\u5bf9\u624b\u793c\u6765\u7684\u884c\u4e1a\u7ade\u901f\u4e2d\u9677\u5165\u843d\u540e\uff0c\u540c\u65f6\u516c\u53f8\u8fd1\u671f\u5b8c\u6210CEO\u6362\u5c4a\uff0c\u591a\u91cd\u5229\u7a7a\u56e0\u7d20\u5171\u540c\u538b\u5236\u4e86\u4f30\u503c\u8868\u73b0\u3002<\/p>\n<p>\u4f46\u6050\u614c\u6027\u4e0b\u8dcc\u80cc\u540e\uff0c\u8bfa\u548c\u8bfa\u5fb7\u7684\u6838\u5fc3\u57fa\u672c\u9762\u5e76\u672a\u53d1\u751f\u6839\u672c\u6027\u52a8\u6447\u3002\u516c\u53f8\u59cb\u7ec8\u4fdd\u6301\u7a33\u5b9a\u76c8\u5229\u72b6\u6001\uff0c\u9500\u552e\u5229\u6da6\u7387\u9ad8\u8fbe 33%\uff0c\u624b\u63e1 Ozempic \u4e0e Wegovy \u4e24\u5927\u91cd\u78c5\u6838\u5fc3\u4ea7\u54c1\uff0c\u540c\u65f6\u5728\u53bb\u5e74\u5e74\u672b\u987a\u5229\u83b7\u6279\u53e3\u670d\u51cf\u80a5\u7247\u5242\uff0c\u4ea7\u54c1\u77e9\u9635\u6301\u7eed\u5b8c\u5584\u3002\u5c3d\u7ba1\u516c\u53f8\u9884\u8ba1\u4eca\u5e74\u8425\u6536\u5c06\u51fa\u73b0\u9636\u6bb5\u6027\u4e0b\u6ed1\uff0c\u4f46\u8fd9\u5e76\u4e0d\u4ee3\u8868\u957f\u671f\u589e\u957f\u903b\u8f91\u7684\u7ec8\u7ed3\u3002<\/p>\n<p>\u5f53\u524d\u5168\u7403 GLP-1 \u8d5b\u9053\u4ecd\u6709\u5e9e\u5927\u7684\u672a\u5f00\u53d1\u5e02\u573a\u7a7a\u95f4\uff0c\u51ed\u501f\u6210\u719f\u7684\u4ea7\u54c1\u7ec4\u5408\u3001\u6df1\u539a\u7684\u7814\u53d1\u79ef\u7d2f\u4e0e\u5e7f\u6cdb\u7684\u7528\u6237\u57fa\u7840\uff0c\u8fd9\u5bb6\u533b\u836f\u9f99\u5934\u7684\u957f\u671f\u7ade\u4e89\u529b\u4ecd\u4e0d\u5bb9\u4f4e\u4f30\u3002\u503c\u5f97\u6ce8\u610f\u7684\u662f\uff0c\u57fa\u4e8e\u5206\u6790\u5e08\u4e00\u81f4\u76c8\u5229\u9884\u671f\uff0c\u516c\u53f8\u5f53\u524d\u8fdc\u671f\u5e02\u76c8\u7387\u4ec5\u4e3a 13 \u500d\uff0c\u5904\u4e8e\u884c\u4e1a\u6781\u4f4e\u4f30\u503c\u533a\u95f4\uff0c\u5bf9\u4e8e\u957f\u671f\u6295\u8d44\u8005\u800c\u8a00\uff0c\u5df2\u662f\u96be\u4ee5\u9519\u8fc7\u7684\u5e03\u5c40\u7a97\u53e3\u3002<\/p>\n<h2>\u62fc\u591a\u591a\uff1a\u8de8\u5883\u7535\u5546\u9f99\u5934\u9047\u8d38\u6613\u9006\u98ce\uff0c8 \u500d PE \u7b51\u7262\u6781\u81f4\u5b89\u5168\u57ab<\/h2>\n<p>\u65d7\u4e0b\u62e5\u6709\u77e5\u540d\u7ebf\u4e0a\u8d2d\u7269\u5e73\u53f0 Temu \u7684\u62fc\u591a\u591a\uff0c\u8fc7\u53bb\u4e00\u5e74\u80a1\u4ef7\u7d2f\u8ba1\u4e0b\u8dcc 12%\uff0c\u8f83 139.41 \u7f8e\u5143\u7684 52 \u5468\u9ad8\u70b9\u56de\u8c03\u5e45\u5ea6\u5df2\u8d85 30%\u3002\u5173\u7a0e\u653f\u7b56\u53d8\u52a8\u4e0e\u4e2d\u7f8e\u8d38\u6613\u73af\u5883\u7684\u4e0d\u786e\u5b9a\u6027\u6210\u4e3a\u6301\u7eed\u538b\u5236\u516c\u53f8\u80a1\u4ef7\u7684\u6838\u5fc3\u5229\u7a7a\u56e0\u7d20\uff0c\u4e5f\u8ba9\u5e02\u573a\u5bf9\u5176\u957f\u671f\u589e\u957f\u4ea7\u751f\u4e86\u8fc7\u5ea6\u60b2\u89c2\u7684\u5b9a\u4ef7\u3002<\/p>\n<p>\u4e0e\u80a1\u4ef7\u75b2\u8f6f\u5f62\u6210\u9c9c\u660e\u53cd\u5dee\u7684\u662f\u516c\u53f8\u8425\u6536\u7aef\u7684\u6301\u7eed\u589e\u957f\u97e7\u6027\u3002\u8d22\u62a5\u6570\u636e\u663e\u793a\uff0c2025 \u5e74\u7b2c\u56db\u5b63\u5ea6\uff0c\u516c\u53f8\u8425\u6536\u540c\u6bd4\u589e\u957f 12%\uff0c\u6838\u5fc3\u5e73\u53f0 Temu \u4f9d\u7136\u4fdd\u6301\u7740\u6781\u9ad8\u7684\u6d88\u8d39\u8005\u70ed\u5ea6\u4e0e\u5e02\u573a\u6e17\u900f\u7387\u3002\u5c3d\u7ba1\u5f53\u524d\u4e2d\u7f8e\u7ecf\u8d38\u73af\u5883\u4ecd\u5b58\u5728\u4e0d\u786e\u5b9a\u6027\uff0c\u516c\u53f8\u77ed\u671f\u7ecf\u8425\u9762\u4e34\u4e00\u5b9a\u9006\u98ce\uff0c\u4f46\u5bf9\u4e8e\u6709\u8010\u5fc3\u7684\u957f\u671f\u6295\u8d44\u8005\u800c\u8a00\uff0c\u8fd9\u6070\u6070\u662f\u4f18\u8d28\u6807\u7684\u7684\u5e03\u5c40\u7a97\u53e3\u671f \u2014\u2014 \u516c\u53f8\u5177\u5907\u4ece\u77ed\u671f\u5229\u7a7a\u5f71\u54cd\u4e2d\u4fee\u590d\u7684\u5145\u8db3\u80fd\u529b\uff0c\u57fa\u672c\u9762\u56de\u6696\u540e\uff0c\u80a1\u4ef7\u6709\u671b\u8fce\u6765\u5927\u5e45\u53cd\u5f39\u3002<\/p>\n<p>\u5f53\u524d\u516c\u53f8\u8fdc\u671f\u5e02\u76c8\u7387\u4ec5\u4e3a 8 \u500d\uff0c\u5373\u4fbf\u540e\u7eed\u7ecf\u8425\u6301\u7eed\u9762\u4e34\u6311\u6218\uff0c\u8fd9\u4e00\u4f30\u503c\u6c34\u5e73\u4e5f\u4e3a\u6295\u8d44\u8005\u63d0\u4f9b\u4e86\u6781\u9ad8\u7684\u5b89\u5168\u8fb9\u9645\u3002\u5c3d\u7ba1\u516c\u53f8\u589e\u901f\u5df2\u4e0d\u53ca\u5dc5\u5cf0\u65f6\u671f\uff0c\u4f46\u51ed\u501f Temu \u7684\u5e7f\u6cdb\u7528\u6237\u57fa\u7840\u3001\u6781\u81f4\u7684\u4f9b\u5e94\u94fe\u4f18\u52bf\u4e0e\u5168\u7403\u5e02\u573a\u62d3\u5c55\u6f5c\u529b\uff0c\u62fc\u591a\u591a\u7684\u957f\u671f\u6210\u957f\u7a7a\u95f4\u4ecd\u672a\u88ab\u5e02\u573a\u5145\u5206\u5b9a\u4ef7\u3002<\/p>\n<p>\u603b\u4f53\u6765\u770b\uff0c\u8bfa\u548c\u8bfa\u5fb7\u3001\u62fc\u591a\u591a\u4e24\u5bb6\u516c\u53f8\uff0c\u867d\u5404\u81ea\u9762\u4e34\u7740\u884c\u4e1a\u7ade\u4e89\u3001\u8d38\u6613\u73af\u5883\u7b49\u77ed\u671f\u9006\u98ce\uff0c\u4f46\u6838\u5fc3\u4e1a\u52a1\u58c1\u5792\u5e76\u672a\u88ab\u6253\u7834\uff0c\u57fa\u672c\u9762\u7684\u6210\u957f\u97e7\u6027\u4f9d\u7136\u5f3a\u52b2\u3002\u5e02\u573a\u7684\u60b2\u89c2\u60c5\u7eea\u5f15\u53d1\u4e86\u975e\u7406\u6027\u7684\u8fc7\u5ea6\u629b\u552e\uff0c\u8ba9\u4f30\u503c\u8dcc\u81f3\u6781\u4f4e\u6c34\u5e73\uff0c\u4e5f\u4e3a\u7406\u6027\u6295\u8d44\u8005\u5e26\u6765\u4e86\u96be\u5f97\u7684\u9519\u6740\u5e03\u5c40\u673a\u4f1a\u3002<\/p>\n<p>\u76f8\u6bd4\u4e8e\u5f53\u524d\u5e02\u573a\u4e0a\u4f30\u503c\u9ad8\u4f01\u3001\u4e1a\u7ee9\u5151\u73b0\u5ea6\u5b58\u7591\u7684\u70ed\u95e8\u6982\u5ff5\u80a1\uff0c\u8fd9\u4e24\u53ea\u8d85\u8dcc\u6210\u957f\u80a1\uff0c\u4e0d\u4ec5\u6709\u624e\u5b9e\u7684\u57fa\u672c\u9762\u4e0e\u6301\u7eed\u7684\u73b0\u91d1\u6d41\u652f\u6491\uff0c\u66f4\u6709\u6781\u4f4e\u7684\u4f30\u503c\u7b51\u8d77\u7684\u5145\u8db3\u5b89\u5168\u8fb9\u9645\u3002\u5bf9\u4e8e\u79c9\u6301\u957f\u671f\u4e3b\u4e49\u7684\u6295\u8d44\u8005\u800c\u8a00\uff0c\u907f\u5f00\u62e5\u6324\u7684\u6982\u5ff5\u80a1\u7092\u4f5c\uff0c\u5e03\u5c40\u8fd9\u4e9b\u88ab\u5e02\u573a\u4f4e\u4f30\u7684\u4f18\u8d28\u6210\u957f\u6807\u7684\uff0c\u6216\u8bb8\u624d\u662f\u5f53\u524d\u5e02\u573a\u73af\u5883\u4e0b\u66f4\u5177\u6027\u4ef7\u6bd4\u7684\u9009\u62e9\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u5f53\u4e0b\u7f8e\u80a1\u5e02\u573a\u8d44\u91d1\u6301\u7eed\u624e\u5806\u9ad8\u4f30\u503c\u70ed\u95e8\u6982\u5ff5\u80a1\uff0c\u5c24\u5176\u662f\u6ce1\u6cab\u5316\u7684\u79d1\u6280\u9898\u6750\u6807\u7684\uff0c\u5374\u5ffd\u89c6\u4e86\u4e00\u6279\u88ab\u5e02\u573a\u8fc7\u5ea6\u629b\u552e\u3001\u4f30\u503c\u8dcc\u81f3\u5386\u53f2 [&hellip;]<\/p>\n","protected":false},"author":27,"featured_media":497728,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[1521,430],"tags":[2152,2158,455,2155],"class_list":["post-635075","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-1521","category-trends-strategies-zh-hans","tag-2152","tag-2158","tag-455","tag-2155","sectors-life-science-zh-hans","sectors-technology-zh-hans","locations-china-zh-hans","locations-us-zh-hans","exchange-nasdaq-zh-hans","exchange-nyse-zh-hans"],"acf":[],"_links":{"self":[{"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/posts\/635075","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/users\/27"}],"replies":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/comments?post=635075"}],"version-history":[{"count":3,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/posts\/635075\/revisions"}],"predecessor-version":[{"id":635078,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/posts\/635075\/revisions\/635078"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/media\/497728"}],"wp:attachment":[{"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/media?parent=635075"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/categories?post=635075"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/tags?post=635075"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}