{"id":10321052,"date":"2026-06-28T18:57:23","date_gmt":"2026-06-28T10:57:23","guid":{"rendered":"https:\/\/twkeypoint.com\/?p=10321052"},"modified":"2026-06-28T18:57:23","modified_gmt":"2026-06-28T10:57:23","slug":"%e5%8f%b0%e7%81%a3%e6%96%b0%e8%81%9e%e9%80%9a%e8%a8%8a%e7%a4%be-%e8%a8%98%e6%86%b6%e9%ab%94%e5%83%b9%e6%a0%bc%e4%bc%b0%e3%80%8c%e4%b8%8b%e5%8d%8a%e5%b9%b4%e9%a3%86%e6%bc%b240-50%e3%80%8d%e3%80%80","status":"publish","type":"post","link":"https:\/\/twkeypoint.com\/index.php\/2026\/06\/28\/%e5%8f%b0%e7%81%a3%e6%96%b0%e8%81%9e%e9%80%9a%e8%a8%8a%e7%a4%be-%e8%a8%98%e6%86%b6%e9%ab%94%e5%83%b9%e6%a0%bc%e4%bc%b0%e3%80%8c%e4%b8%8b%e5%8d%8a%e5%b9%b4%e9%a3%86%e6%bc%b240-50%e3%80%8d%e3%80%80\/","title":{"rendered":"\u53f0\u7063\u65b0\u805e\u901a\u8a0a\u793e-\u8a18\u61b6\u9ad4\u50f9\u683c\u4f30\u300c\u4e0b\u534a\u5e74\u98c6\u6f3240-50%\u300d\u3000\u7f8e\u5a92\uff1a\u6676\u7247\u88fd\u9020\u5546\u8cfa\u53d6\u66b4\u5229"},"content":{"rendered":"\n<div class=\"wp-block-columns is-layout-flex wp-container-3 wp-block-columns-is-layout-flex\">\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:66.66%\">\n\n<p>\n<\/p>\n\n\n<p>\n<\/p>\n\n\n<p>\n<a href=\"https:\/\/attach.setn.com\/newsimages\/2026\/06\/28\/5609875-PH.jpg\">\n<img decoding=\"async\" src=\"https:\/\/attach.setn.com\/newsimages\/2026\/06\/28\/5609875-PH.jpg\" style=\"max-width:100%;\">\n<\/a>\n<\/p>\n\n\n<p>\n<\/p>\n\n\n<p>\n<\/p>\n\n\n<p>\n\u96a8\u6301\u7e8c\u6027\u7684\u4f9b\u61c9\u77ed\u7f3a\u5e2d\u6372\u5e02\u5834\uff0c\u63a5\u4e0b\u4f86\u672a\u4f86\u5e7e\u5b63\u7684\u8a18\u61b6\u9ad4\u50f9\u683c\u5c07\u98c6\u6f32\uff1f\u6839\u64da\u5091\u5bcc\u745e\u80a1\u7968\u7814\u7a76\u516c\u53f8\uff08Jefferies Equity Research\uff09\u5831\u544a\uff0c2026\u5e74\u7b2c\u4e09\u5b63\u7684\u8a18\u61b6\u9ad4\u50f9\u683c\u9810\u8a08\u4e0a\u6f3240%\u81f350%\uff0c\u4e142027\u5e74\uff0c\u9810\u4f30\u5168\u5e74\u50f9\u683c\u5c07\u5e74\u589e40%\u81f345%\u3002<\/p>\n\n\n<p>\n\u6839\u64da\u300a\u83ef\u723e\u8857\u65e5\u5831\u300b\u5831\u5c0e\uff0c\u96a8\u8457\u9ad8\u983b\u5bec\u8a18\u61b6\u9ad4\uff08HBM\uff09\u7684\u98c6\u5347\u9700\u6c42\u63a8\u9ad8\u5e02\u5834\u50f9\u683c\uff0c\u4e26\u4f7f\u4eba\u5de5\u667a\u6167\uff08AI\uff09\u958b\u767c\u5546\u8207\u96f2\u7aef\u670d\u52d9\u4f9b\u61c9\u5546\u7684\u6210\u672c\u589e\u52a0\uff0c\u8a18\u61b6\u9ad4\u6676\u7247\u88fd\u9020\u5546\u6b63\u5f9e\u9019\u6ce2AI\u6d6a\u6f6e\u4e2d\u8cfa\u53d6\u66b4\u5229\u3002<\/p>\n\n\n<p>\n\u5831\u5c0e\u63d0\u53ca\uff0cHBM\u6676\u7247\u76ee\u524d\u5df2\u6210AI\u4f3a\u670d\u5668\u8207\u8cc7\u6599\u4e2d\u5fc3\u4e0d\u53ef\u6216\u7f3a\u7684\u6838\u5fc3\u95dc\u9375\u7d44\u4ef6\uff0c\u7136\u7531\u65bc\u88fd\u9020\u7522\u80fd\u9762\u81e8\u74f6\u9838\uff0c\u5728\u9700\u6c42\u6301\u7e8c\u589e\u9577\u7684\u72c0\u6cc1\u4e0b\uff0c\u5e02\u5834\u4f9b\u61c9\u59cb\u7d42\u7dad\u6301\u5728\u7dca\u7e43\u72c0\u614b\u3002\u5168\u7403HBM\u5e02\u5834\u76ee\u524d\u7531\u4e09\u5bb6\u9f8d\u982d\u5ee0\u5546\u6240\u58df\u65b7\uff0c\u5206\u5225\u662f\u7f8e\u5149\u3001\u4e09\u661f\u96fb\u5b50\uff0c\u53caSK\u6d77\u529b\u58eb\u3002\u7531\u65bc\u5efa\u7f6e\u984d\u5916\u751f\u7522\u7522\u80fd\u9700\u8981\u6295\u5165\u9f90\u5927\u8cc7\u91d1\uff0c\u4e14\u5f80\u5f80\u9700\u8981\u8017\u6642\u6578\u5e74\uff0c\u9019\u9650\u5236\u4e86\u77ed\u671f\u5167\u4f9b\u61c9\u91cf\u7684\u589e\u9577\u3002<\/p>\n\n\n<p>\n\u8a18\u61b6\u9ad4\u50f9\u683c\u6301\u7e8c\u6500\u5347\uff1a\u7b2c\u4e09\u5b63\u8fce50%\u5de8\u5e45\u66b4\u6f32\uff0c\u7b2c\u56db\u5b63\u518d\u8ffd\u9ad840%<\/p>\n\n\n<p>\n\u5916\u5a92\u8868\u793a\uff0c\u8a18\u61b6\u9ad4\u6301\u7e8c\u77ed\u7f3a\uff0c\u5c0e\u81f4\u6574\u500b\u79d1\u6280\u7522\u696d\u9762\u81e8\u66f4\u9ad8\u7684\u6210\u672c\uff0c\u7531\u65bc\u4e09\u5927DRAM\u88fd\u9020\u5546\uff08\u4e09\u661f\u3001SK\u6d77\u529b\u58eb\u3001\u7f8e\u5149\uff09\u4e26\u672a\u91cb\u51fa\u6a02\u89c0\u7684\u4f9b\u61c9\u524d\u666f\uff0c\u800c\u5927\u773e\u539f\u672c\u5bc4\u671b\u80fd\u4ee5\u300c\u5ec9\u50f9\u4e2d\u570b\u8a18\u61b6\u9ad4\u300d\u6551\u5e02\u7684\u4e2d\u570b\u9577\u946b\u5b58\u5132\uff08CXMT\uff09\u4e5f\u88ab\u8b49\u5be6\u53ea\u662f\u6d41\u8a00\u4e00\u5834\uff0c\u5206\u6790\u5e2b\u9810\u8a082026\u5e74\u63a5\u4e0b\u4f86\u7684\u5e7e\u5b63\u8a18\u61b6\u9ad4\u50f9\u683c\u5c07\u51fa\u73fe\u6025\u5287\u4e0a\u6f32\u3002<\/p>\n\n\n<p>\n\u6839\u64da\u5091\u5bcc\u745e\u80a1\u7968\u7814\u7a76\u516c\u53f8\u7684\u5831\u544a\u6307\u51fa\uff0c2026\u5e74\u7b2c\u4e09\u5b63\u7684\u8a18\u61b6\u9ad4\u50f9\u683c\u9810\u8a08\u5c07\u4e0a\u6f3240%\u81f350%\uff0c\u7dca\u63a5\u7b2c\u56db\u5b63\u6703\u518d\u8fce30%\u81f340%\u7684\u6f32\u5e45\u3002\u5230\u4e862027\u5e74\uff0c\u9810\u4f30\u5168\u5e74\u50f9\u683c\u5c07\u5e74\u589e40%\u81f345%\uff0c\u5e02\u5834\u9810\u8a08\u8981\u52302028\u5e74\uff0c\u96a8\u65b0\u7522\u80fd\u5e36\u4f8615%\u81f320%\u7684\u4f9b\u61c9\u6210\u9577\uff0c\u624d\u6709\u6a5f\u6703\u653e\u7de9\u9700\u6c42\u53ca\u50f9\u683c\u56de\u843d\u3002\u7136\u7531\u65bcAI\u8207\u904b\u7b97\u9700\u6c42\u6301\u7e8c\u6210\u9577\uff0c\u9019\u6ce2\u65b0\u91cb\u51fa\u7684\u4f9b\u61c9\u91cf\u53ef\u80fd\u4e0d\u6703\u5982\u9810\u671f\u822c\u767c\u63ee\u95dc\u9375\u7de9\u89e3\u4f5c\u7528\u3002<\/p>\n\n\n<p>\n\u76ee\u524d\u8a18\u61b6\u9ad4\u7e3d\u7522\u80fd\u768450%\u5df2\u88ab\u8a18\u61b6\u9ad4\u5ee0\u5546\u8207\u79d1\u6280\u5de8\u982d\u4e4b\u9593\u7c3d\u7f72\u7684\u9577\u671f\u5408\u7d04\u6240\u7d81\u5b9a\uff0c\u4f8b\u5982\u7f8e\u5149\u4f5c\u70ba\u5176\u7b56\u7565\u5ba2\u6236\u5354\u8b70\u7684\u4e00\u90e8\u5206\uff0c\u5df2\u7d93\u7c3d\u7f7216\u4efd\u5354\u8b70\uff0c\u9019\u4e00\u6bd4\u4f8b\u672a\u4f86\u53ef\u80fd\u6703\u6500\u5347\u81f370%\uff0c\u610f\u5473\u8457\u53ef\u7528\u65bc\u500b\u4eba\u96fb\u8166\u3001\u7b46\u8a18\u578b\u96fb\u8166\u3001\u904a\u6232\u4e3b\u6a5f\u548c\u667a\u6167\u578b\u624b\u6a5f\u7b49\u6d88\u8cbb\u6027\u7522\u54c1\u7684\u4f9b\u61c9\u91cf\u5c07\u66f4\u52a0\u7a00\u7f3a\uff0c\u9032\u800c\u5c0e\u81f4\u5404\u9818\u57df\u7522\u54c1\u5168\u9762\u6f32\u50f9\u3002<\/p>\n\n\n<p>\n\u5206\u6790\u5e2b\u5f37\u8abf\uff0c\u5728\u5168\u6c42\u4f9b\u61c9\u77ed\u7f3a\u548c\u88fd\u7a0b\u7bc0\u9ede\u8f49\u79fb\u7684\u63a8\u52d5\u4e0b\uff0c\u6f5b\u5728\u7684\u6f32\u5e45\u9ad8\u65bc\u9810\u671f\uff0c\u96f2\u7aef\u670d\u52d9\u4f9b\u61c9\u5546\uff08CSP\uff09\u5728\u9577\u671f\u5408\u7d04\u4e2d\u7684\u4e3b\u5c0e\u5730\u4f4d\u6b63\u5728\u91cd\u5851\u4f9b\u61c9\u5206\u914d\uff0c\u800c\u4e2d\u570b\u7684\u64f4\u7522\u5247\u5c6c\u65bc\u9577\u671f\u56e0\u7d20\uff0c\u800c\u975e\u773c\u524d\u7684\u71c3\u7709\u4e4b\u6025\u3002<\/p>\n\n\n<p>\n\u7f8e\u5149\u5728\u622a\u81f35\u670828\u65e5\u7684\u5b63\u5ea6\u4e2d\uff0cDRAM\u8a18\u61b6\u9ad4\u6676\u7247\u7684\u50f9\u683c\u8f03\u524d\u4e00\u5b63\u66b4\u6f32\u8d85\u904e60%\uff0c\u800cNAND\u9583\u5b58\uff08NAND flash\uff09\u7684\u50f9\u683c\u66f4\u662f\u72c2\u98c6\u903e 80%\u3002\u503c\u5f97\u6ce8\u610f\u7684\u662f\uff0c\u8a72\u5b63\u5ea6\u7684\u51fa\u8ca8\u91cf\u50c5\u6709\u5c0f\u5e45\u589e\u9577\uff0c\u9019\u8868\u660e\u71df\u6536\u7684\u5de8\u5927\u589e\u5e45\u7d55\u5927\u90e8\u5206\u662f\u7531\u50f9\u683c\u4e0a\u6f32\u6240\u9a45\u52d5\u3002<\/p>\n\n\n<p>\n\u6295\u8cc7\u4eba\u76ee\u5149\u8f49\u5411\u8a18\u61b6\u9ad4\u88fd\u9020\u5546<\/p>\n\n\n<p>\n\u96a8\u5e02\u5834\u5c0dAI\u57fa\u790e\u8a2d\u65bd\u7684\u9700\u6c42\u6301\u7e8c\u52a0\u901f\uff0c\u9019\u6ce2\u652f\u51fa\u71b1\u6f6e\u4e5f\u5c07\u6295\u8cc7\u4eba\u7684\u6ce8\u610f\u529b\u8f49\u79fb\u5230\u4e86\u8a18\u61b6\u9ad4\u5927\u5ee0\u8eab\u4e0a\uff0c\u7f8e\u5149\u3001SK\u6d77\u529b\u58eb\u548c\u4e09\u661f\u96fb\u5b50\u7684\u80a1\u50f9\u4eca\u5e74\u4ee5\u4f86\u7684\u8868\u73fe\uff0c\u7686\u512a\u65bc\u5e7e\u5bb6\u4e3b\u8981\u7684\u79d1\u6280\u5de8\u982d\u3002\u5118\u7ba1\u96f6\u7d44\u4ef6\u6210\u672c\u8d70\u9ad8\uff0c\u5305\u542b\u5fae\u8edf\u3001\u4e9e\u99ac\u905c\u3001Alphabet\u4ee5\u53caMeta\u7b49\u96f2\u7aef\u670d\u52d9\u4f9b\u61c9\u5546\u8207AI\u6a21\u578b\u958b\u767c\u5546\uff0c\u4ecd\u6301\u7e8c\u5728AI\u57fa\u790e\u8a2d\u65bd\u4e0a\u6295\u5165\u91cd\u91d1\u3002<\/p>\n\n\n<p>\n\u5831\u5c0e\u6700\u5f8c\u5f37\u8abf\uff0c\u7531\u65bc\u5168\u7403\u6301\u7e8c\u77ed\u7f3a\u3001\u5f37\u52c1\u7684AI\u9700\u6c42\u9a45\u52d5\u4ee5\u53ca\u65b0\u7522\u80fd\u589e\u9577\u6709\u9650\uff0c\u8a18\u61b6\u9ad4\u5e02\u5834\u57282026\u5e74\u548c2027\u5e74\u8a3b\u5b9a\u9762\u81e8\u9577\u671f\u7684\u50f9\u683c\u98c6\u5347\u3002<\/p>\n\n\n<p>\n<\/p>\n\n\n<p>\n2026\/06\/28 18:57<\/p>\n\n\n<p>\n\u8f49\u8f09\u81ea\u4e09\u7acb\u65b0\u805e\u7db2: https:\/\/www.setn.com\/\/News.aspx?NewsID=1863749&#038;utm_campaign=viewallnews<\/p>\n\n<\/div>\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:30%\">\n<div id=\"point2\"  class=\"ultp-post-grid-block wp-block-ultimate-post-post-list-3 ultp-block-\"><div class=\"ultp-block-wrapper\"><div class=\"ultp-loading\"><div class=\"ultp-loading-blocks\" style=\"width:100%;height:100%;\"><div style=\"left: 0;top: 0;animation-delay:0s;\"><\/div><div style=\"left: 21px;top: 0;animation-delay:0.125s;\"><\/div><div style=\"left: 42px;top: 0;animation-delay:0.25s;\"><\/div><div style=\"left: 0;top: 21px;animation-delay:0.875s;\"><\/div><div style=\"left: 42px;top: 21px;animation-delay:0.375s;\"><\/div><div style=\"left: 0;top: 42px;animation-delay:0.75s;\"><\/div><div style=\"left: 42px;top: 42px;animation-delay:0.625s;\"><\/div><div style=\"left: 21px;top: 42px;animation-delay:0.5s;\"><\/div><\/div><\/div><div class=\"ultp-heading-filter\"><div class=\"ultp-heading-filter-in\"><div class=\"ultp-heading-wrap ultp-heading-style20 ultp-heading-center\"><h2 class=\"ultp-heading-inner\"><span>\u6700\u65b0\u6587\u7ae0<\/span><\/h2><\/div><\/div><\/div><div class=\"ultp-block-items-wrap ultp-block-row ultp-block-column-1 ultp-block-content-bottom ultp-layout1\"><div class=\"ultp-block-item ultp-block-media post-id-10321352\"><div class=\"ultp-block-content-wrap\"><div class=\"ultp-block-content\"><h3 class=\"ultp-block-title \"><a href=\"https:\/\/twkeypoint.com\/index.php\/2026\/06\/28\/%e5%8f%b0%e7%81%a3%e6%96%b0%e8%81%9e%e9%80%9a%e8%a8%8a%e7%a4%be-%e6%93%94%e5%bf%83%e6%83%b9%e6%80%92%e5%a4%a7%e9%99%b8-%e6%9f%af%e4%bc%af%e5%90%89%e9%81%ad%e7%88%86%e6%9b%be%e5%8f%8d%e5%b0%8d%e5%8f%83\/\" >\u53f0\u7063\u65b0\u805e\u901a\u8a0a\u793e-\u64d4\u5fc3\u60f9\u6012\u5927\u9678 \u67ef\u4f2f\u5409\u906d\u7206\u66fe\u53cd\u5c0d\u53c3\u9662\u8ecd\u59d4\u6703\u4e3b\u5e2d\u97cb\u514b\u723e\u8a2a\u53f0<\/a><\/h3><\/div><\/div><\/div><div class=\"ultp-block-item ultp-block-media post-id-10321349\"><div class=\"ultp-block-content-wrap\"><div class=\"ultp-block-content\"><h3 class=\"ultp-block-title \"><a href=\"https:\/\/twkeypoint.com\/index.php\/2026\/06\/28\/%e5%8f%b0%e7%81%a3%e6%96%b0%e8%81%9e%e9%80%9a%e8%a8%8a%e7%a4%be-%e5%85%ab%e5%be%b7%e6%93%8b%e8%bb%8a%e7%bf%81%e3%80%8c%e8%b8%a2%e9%90%b5%e6%9d%bf%e3%80%8d-%e8%a1%8c%e8%bb%8a%e7%b3%be%e7%b4%9b%e9%81%ad\/\" >\u53f0\u7063\u65b0\u805e\u901a\u8a0a\u793e-\u516b\u5fb7\u64cb\u8eca\u7fc1\u300c\u8e22\u9435\u677f\u300d \u884c\u8eca\u7cfe\u7d1b\u906d\u75db\u6bc6\uff01 \u7db2\u547c\uff1a\u7642\u7652<\/a><\/h3><\/div><\/div><\/div><div class=\"ultp-block-item ultp-block-media post-id-10321346\"><div class=\"ultp-block-content-wrap\"><div class=\"ultp-block-content\"><h3 class=\"ultp-block-title \"><a href=\"https:\/\/twkeypoint.com\/index.php\/2026\/06\/28\/%e5%8f%b0%e7%81%a3%e6%96%b0%e8%81%9e%e9%80%9a%e8%a8%8a%e7%a4%be-%e5%8d%88%e5%be%8c%e9%9b%b7%e9%9b%a8%e9%80%a3%e7%82%b87%e6%97%a5%ef%bc%81%e6%b0%a3%e8%b1%a1%e7%bd%b2%e7%a4%ba%e8%ad%a6%e3%80%8c%e9%80%99\/\" >\u53f0\u7063\u65b0\u805e\u901a\u8a0a\u793e-\u5348\u5f8c\u96f7\u96e8\u9023\u70b87\u65e5\uff01\u6c23\u8c61\u7f72\u793a\u8b66\u300c\u9019\u5929\u96e8\u6700\u731b\u300d\u6416\u6efe\u5340\u66dd\u5149\u3000\u5929\u6c234\u8b8a\u5316<\/a><\/h3><\/div><\/div><\/div><div class=\"ultp-block-item ultp-block-media post-id-10321343\"><div class=\"ultp-block-content-wrap\"><div class=\"ultp-block-content\"><h3 class=\"ultp-block-title \"><a href=\"https:\/\/twkeypoint.com\/index.php\/2026\/06\/28\/%e5%8f%b0%e7%81%a3%e6%96%b0%e8%81%9e%e9%80%9a%e8%a8%8a%e7%a4%be-%e5%85%a7%e6%b9%96%e6%b7%b9%e6%b0%b4%e3%80%8c%e5%b7%a7%e9%81%87%e8%94%a3%e8%90%ac%e5%ae%89%e3%80%8d%e5%b0%b1%e7%99%bc%e6%85%b0%e5%95%8f\/\" >\u53f0\u7063\u65b0\u805e\u901a\u8a0a\u793e-\u5167\u6e56\u6df9\u6c34\u300c\u5de7\u9047\u8523\u842c\u5b89\u300d\u5c31\u767c\u6170\u554f\u91d1\u3000\u53d7\u707d\u6236\uff1a\u8cb7\u7968\u7684\u611f\u89ba<\/a><\/h3><\/div><\/div><\/div><div class=\"ultp-block-item ultp-block-media post-id-10321340\"><div class=\"ultp-block-content-wrap\"><div class=\"ultp-block-content\"><h3 class=\"ultp-block-title \"><a href=\"https:\/\/twkeypoint.com\/index.php\/2026\/06\/28\/%e5%8f%b0%e7%81%a3%e6%96%b0%e8%81%9e%e9%80%9a%e8%a8%8a%e7%a4%be-%e7%8d%a8%e5%ae%b6%ef%bc%8f%e8%a2%ab%e6%92%9e%e9%82%84%e8%a6%81%e5%90%9e%e7%bd%b0%e5%96%ae%ef%bc%81%e5%96%ae%e8%bb%8a%e5%a9%a6-2\/\" >\u53f0\u7063\u65b0\u805e\u901a\u8a0a\u793e-\u7368\u5bb6\uff0f\u88ab\u649e\u9084\u8981\u541e\u7f70\u55ae\uff01\u55ae\u8eca\u5a66\u906d\u8cd3\u58eb\u649e\u5012\u3000\u300c1\u539f\u56e0\u300d\u9006\u8f49\u6328\u7f70<\/a><\/h3><\/div><\/div><\/div><\/div><\/div><div class=\"pagination-block-html\" aria-hidden=\"true\" style=\"display: none;\"><\/div><\/div>\n\n<div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\">\n<\/div>\n\n<div id=\"point3\"  class=\"ultp-post-grid-block wp-block-ultimate-post-post-list-3 ultp-block-\"><div class=\"ultp-block-wrapper\"><div class=\"ultp-loading\"><div class=\"ultp-loading-blocks\" style=\"width:100%;height:100%;\"><div style=\"left: 0;top: 0;animation-delay:0s;\"><\/div><div style=\"left: 21px;top: 0;animation-delay:0.125s;\"><\/div><div style=\"left: 42px;top: 0;animation-delay:0.25s;\"><\/div><div style=\"left: 0;top: 21px;animation-delay:0.875s;\"><\/div><div style=\"left: 42px;top: 21px;animation-delay:0.375s;\"><\/div><div style=\"left: 0;top: 42px;animation-delay:0.75s;\"><\/div><div style=\"left: 42px;top: 42px;animation-delay:0.625s;\"><\/div><div style=\"left: 21px;top: 42px;animation-delay:0.5s;\"><\/div><\/div><\/div><div class=\"ultp-heading-filter\"><div class=\"ultp-heading-filter-in\"><div class=\"ultp-heading-wrap ultp-heading-style20 ultp-heading-center\"><h2 class=\"ultp-heading-inner\"><span>\u672c\u9031\u71b1\u9580\u6587\u7ae0<\/span><\/h2><\/div><\/div><\/div><div class=\"ultp-block-items-wrap ultp-block-row ultp-block-column-1 ultp-block-content-bottom ultp-layout1\"><div class=\"ultp-block-item ultp-block-media post-id-10321352\"><div class=\"ultp-block-content-wrap\"><div class=\"ultp-block-content\"><h3 class=\"ultp-block-title \"><a href=\"https:\/\/twkeypoint.com\/index.php\/2026\/06\/28\/%e5%8f%b0%e7%81%a3%e6%96%b0%e8%81%9e%e9%80%9a%e8%a8%8a%e7%a4%be-%e6%93%94%e5%bf%83%e6%83%b9%e6%80%92%e5%a4%a7%e9%99%b8-%e6%9f%af%e4%bc%af%e5%90%89%e9%81%ad%e7%88%86%e6%9b%be%e5%8f%8d%e5%b0%8d%e5%8f%83\/\" >\u53f0\u7063\u65b0\u805e\u901a\u8a0a\u793e-\u64d4\u5fc3\u60f9\u6012\u5927\u9678 \u67ef\u4f2f\u5409\u906d\u7206\u66fe\u53cd\u5c0d\u53c3\u9662\u8ecd\u59d4\u6703\u4e3b\u5e2d\u97cb\u514b\u723e\u8a2a\u53f0<\/a><\/h3><\/div><\/div><\/div><div class=\"ultp-block-item ultp-block-media post-id-10321349\"><div class=\"ultp-block-content-wrap\"><div class=\"ultp-block-content\"><h3 class=\"ultp-block-title \"><a href=\"https:\/\/twkeypoint.com\/index.php\/2026\/06\/28\/%e5%8f%b0%e7%81%a3%e6%96%b0%e8%81%9e%e9%80%9a%e8%a8%8a%e7%a4%be-%e5%85%ab%e5%be%b7%e6%93%8b%e8%bb%8a%e7%bf%81%e3%80%8c%e8%b8%a2%e9%90%b5%e6%9d%bf%e3%80%8d-%e8%a1%8c%e8%bb%8a%e7%b3%be%e7%b4%9b%e9%81%ad\/\" >\u53f0\u7063\u65b0\u805e\u901a\u8a0a\u793e-\u516b\u5fb7\u64cb\u8eca\u7fc1\u300c\u8e22\u9435\u677f\u300d \u884c\u8eca\u7cfe\u7d1b\u906d\u75db\u6bc6\uff01 \u7db2\u547c\uff1a\u7642\u7652<\/a><\/h3><\/div><\/div><\/div><div class=\"ultp-block-item ultp-block-media post-id-10321346\"><div class=\"ultp-block-content-wrap\"><div class=\"ultp-block-content\"><h3 class=\"ultp-block-title \"><a href=\"https:\/\/twkeypoint.com\/index.php\/2026\/06\/28\/%e5%8f%b0%e7%81%a3%e6%96%b0%e8%81%9e%e9%80%9a%e8%a8%8a%e7%a4%be-%e5%8d%88%e5%be%8c%e9%9b%b7%e9%9b%a8%e9%80%a3%e7%82%b87%e6%97%a5%ef%bc%81%e6%b0%a3%e8%b1%a1%e7%bd%b2%e7%a4%ba%e8%ad%a6%e3%80%8c%e9%80%99\/\" >\u53f0\u7063\u65b0\u805e\u901a\u8a0a\u793e-\u5348\u5f8c\u96f7\u96e8\u9023\u70b87\u65e5\uff01\u6c23\u8c61\u7f72\u793a\u8b66\u300c\u9019\u5929\u96e8\u6700\u731b\u300d\u6416\u6efe\u5340\u66dd\u5149\u3000\u5929\u6c234\u8b8a\u5316<\/a><\/h3><\/div><\/div><\/div><div class=\"ultp-block-item ultp-block-media post-id-10321343\"><div class=\"ultp-block-content-wrap\"><div class=\"ultp-block-content\"><h3 class=\"ultp-block-title \"><a href=\"https:\/\/twkeypoint.com\/index.php\/2026\/06\/28\/%e5%8f%b0%e7%81%a3%e6%96%b0%e8%81%9e%e9%80%9a%e8%a8%8a%e7%a4%be-%e5%85%a7%e6%b9%96%e6%b7%b9%e6%b0%b4%e3%80%8c%e5%b7%a7%e9%81%87%e8%94%a3%e8%90%ac%e5%ae%89%e3%80%8d%e5%b0%b1%e7%99%bc%e6%85%b0%e5%95%8f\/\" >\u53f0\u7063\u65b0\u805e\u901a\u8a0a\u793e-\u5167\u6e56\u6df9\u6c34\u300c\u5de7\u9047\u8523\u842c\u5b89\u300d\u5c31\u767c\u6170\u554f\u91d1\u3000\u53d7\u707d\u6236\uff1a\u8cb7\u7968\u7684\u611f\u89ba<\/a><\/h3><\/div><\/div><\/div><div class=\"ultp-block-item ultp-block-media post-id-10321340\"><div class=\"ultp-block-content-wrap\"><div class=\"ultp-block-content\"><h3 class=\"ultp-block-title \"><a href=\"https:\/\/twkeypoint.com\/index.php\/2026\/06\/28\/%e5%8f%b0%e7%81%a3%e6%96%b0%e8%81%9e%e9%80%9a%e8%a8%8a%e7%a4%be-%e7%8d%a8%e5%ae%b6%ef%bc%8f%e8%a2%ab%e6%92%9e%e9%82%84%e8%a6%81%e5%90%9e%e7%bd%b0%e5%96%ae%ef%bc%81%e5%96%ae%e8%bb%8a%e5%a9%a6-2\/\" >\u53f0\u7063\u65b0\u805e\u901a\u8a0a\u793e-\u7368\u5bb6\uff0f\u88ab\u649e\u9084\u8981\u541e\u7f70\u55ae\uff01\u55ae\u8eca\u5a66\u906d\u8cd3\u58eb\u649e\u5012\u3000\u300c1\u539f\u56e0\u300d\u9006\u8f49\u6328\u7f70<\/a><\/h3><\/div><\/div><\/div><\/div><\/div><div class=\"pagination-block-html\" aria-hidden=\"true\" style=\"display: none;\"><\/div><\/div>\n\n<hr class=\"wp-block-separator\"\/>\n\n<div id=\"point4\"  class=\"ultp-post-grid-block wp-block-ultimate-post-post-grid-2 ultp-block-\"><div class=\"ultp-block-wrapper\"><div class=\"ultp-loading\"><div class=\"ultp-loading-blocks\" style=\"width:100%;height:100%;\"><div style=\"left: 0;top: 0;animation-delay:0s;\"><\/div><div style=\"left: 21px;top: 0;animation-delay:0.125s;\"><\/div><div style=\"left: 42px;top: 0;animation-delay:0.25s;\"><\/div><div style=\"left: 0;top: 21px;animation-delay:0.875s;\"><\/div><div style=\"left: 42px;top: 21px;animation-delay:0.375s;\"><\/div><div style=\"left: 0;top: 42px;animation-delay:0.75s;\"><\/div><div style=\"left: 42px;top: 42px;animation-delay:0.625s;\"><\/div><div style=\"left: 21px;top: 42px;animation-delay:0.5s;\"><\/div><\/div><\/div><div class=\"ultp-heading-filter\"><div class=\"ultp-heading-filter-in\"><div class=\"ultp-heading-wrap ultp-heading-style15 ultp-heading-center\"><h2 class=\"ultp-heading-inner\"><span>Post gallery<\/span><\/h2><\/div><\/div><\/div><div class=\"ultp-block-items-wrap ultp-block-row\"><div class=\"ultp-block-item post-id-10305547\"><div class=\"ultp-block-content-wrap ultp-block-content-overlay\"><div class=\"ultp-block-image ultp-block-image-zoomOut\"><a href=\"https:\/\/twkeypoint.com\/index.php\/2026\/06\/24\/%e5%8f%b0%e7%81%a3%e6%96%b0%e8%81%9e%e9%80%9a%e8%a8%8a%e7%a4%be-%e7%b6%b2%e5%8f%8b%e5%97%86%e6%ae%ba%e6%9d%8e%e5%9b%9b%e5%b7%9d%e3%80%81%e7%be%85%e6%99%ba%e5%bc%b7-%e8%97%8d%e7%87%9f%e9%9b%99-2\/\" ><img decoding=\"async\"  alt=\"\u53f0\u7063\u65b0\u805e\u901a\u8a0a\u793e-\u7db2\u53cb\u55c6\u6bba\u674e\u56db\u5ddd\u3001\u7f85\u667a\u5f37 \u85cd\u71df\u96d9\u5317\u8b70\u54e1\u63d0\u544a\u6050\u5687\"  src=\"https:\/\/twkeypoint.com\/wp-content\/uploads\/2026\/06\/chinatime_figure-1695.jpg\" \/><\/a><\/div><div class=\"ultp-block-content ultp-block-content-bottomPosition\"><div class=\"ultp-block-content-inner\"><\/div><\/div><\/div><\/div><div class=\"ultp-block-item post-id-10299889\"><div class=\"ultp-block-content-wrap ultp-block-content-overlay\"><div class=\"ultp-block-image ultp-block-image-zoomOut\"><a href=\"https:\/\/twkeypoint.com\/index.php\/2026\/06\/22\/%e5%8f%b0%e7%81%a3%e6%96%b0%e8%81%9e%e9%80%9a%e8%a8%8a%e7%a4%be-%e5%8c%97%e5%b8%82%e4%bf%a1%e7%be%a9%e5%8d%80175%e6%88%b6%e5%81%9c%e9%9b%bb%e6%81%90%e7%86%ac%e4%b8%80%e5%a4%9c-%e5%8f%b0%e9%9b%bb-2\/\" ><img decoding=\"async\"  alt=\"\u53f0\u7063\u65b0\u805e\u901a\u8a0a\u793e-\u5317\u5e02\u4fe1\u7fa9\u5340175\u6236\u505c\u96fb\u6050\u71ac\u4e00\u591c \u53f0\u96fb\u8a2d\u5099\u6545\u969c\u6436\u4fee\u4e2d\"  src=\"https:\/\/twkeypoint.com\/wp-content\/uploads\/2026\/06\/chinatime_figure-1002.jpg\" \/><\/a><\/div><div class=\"ultp-block-content ultp-block-content-bottomPosition\"><div class=\"ultp-block-content-inner\"><\/div><\/div><\/div><\/div><div class=\"ultp-block-item post-id-10320822\"><div class=\"ultp-block-content-wrap ultp-block-content-overlay\"><div class=\"ultp-block-image ultp-block-image-zoomOut\"><a href=\"https:\/\/twkeypoint.com\/index.php\/2026\/06\/28\/%e5%8f%b0%e7%81%a3%e6%96%b0%e8%81%9e%e9%80%9a%e8%a8%8a%e7%a4%be-%e5%8f%b0%e9%90%b5%e3%80%8c%e6%b4%97%e6%be%a1%e5%93%a5%e3%80%8d%e5%8f%88%e7%8f%be%e8%ba%ab%ef%bc%9f%e5%8d%80%e9%96%93%e5%bf%ab%e8%bb%8a\/\" ><img decoding=\"async\"  alt=\"\u53f0\u7063\u65b0\u805e\u901a\u8a0a\u793e-\u53f0\u9435\u300c\u6d17\u6fa1\u54e5\u300d\u53c8\u73fe\u8eab\uff1f\u5340\u9593\u5feb\u8eca\u7a4d\u6c34\u4e00\u7247\u3000\u7db2\u53cb\u50bb\u773c\uff1a\u8d85\u626f\uff01\"  src=\"https:\/\/twkeypoint.com\/wp-content\/uploads\/2026\/06\/chinatime_figure-934.jpg\" \/><\/a><\/div><div class=\"ultp-block-content ultp-block-content-bottomPosition\"><div class=\"ultp-block-content-inner\"><\/div><\/div><\/div><\/div><div class=\"ultp-block-item post-id-10312914\"><div class=\"ultp-block-content-wrap ultp-block-content-overlay\"><div class=\"ultp-block-image ultp-block-image-zoomOut\"><a href=\"https:\/\/twkeypoint.com\/index.php\/2026\/06\/25\/%e5%8f%b0%e7%81%a3%e6%96%b0%e8%81%9e%e9%80%9a%e8%a8%8a%e7%a4%be-%e5%bf%ab%e8%a8%8a%ef%bc%8f%e5%9c%a8%e6%a0%a1%e8%b3%87%e6%ad%b720%e5%b9%b4%ef%bc%81%e9%ab%98%e9%9b%8457%e6%ad%b2%e7%94%b7%e6%a0%a1-2\/\" ><img decoding=\"async\"  alt=\"\u53f0\u7063\u65b0\u805e\u901a\u8a0a\u793e-\u5feb\u8a0a\uff0f\u5728\u6821\u8cc7\u6b7720\u5e74\uff01\u9ad8\u96c457\u6b72\u7537\u6821\u9577\u300cLine\u672a\u8b80\u300d\u540c\u4ec1\u67e5\u770b\u2026\u9673\u5c4d\u6821\u9577\u5ba4\"  src=\"https:\/\/twkeypoint.com\/wp-content\/uploads\/2026\/06\/setn_figure-2545-800x570.jpg\" \/><\/a><\/div><div class=\"ultp-block-content ultp-block-content-bottomPosition\"><div class=\"ultp-block-content-inner\"><\/div><\/div><\/div><\/div><div class=\"ultp-block-item post-id-10309827\"><div class=\"ultp-block-content-wrap ultp-block-content-overlay\"><div class=\"ultp-block-image ultp-block-image-zoomOut\"><a href=\"https:\/\/twkeypoint.com\/index.php\/2026\/06\/25\/%e5%8f%b0%e7%81%a3%e6%96%b0%e8%81%9e%e9%80%9a%e8%a8%8a%e7%a4%be-%e4%b8%80%e9%a4%90%e7%a0%b4200%e5%85%83-%e6%9c%88%e8%96%aa5%e8%90%ac%e5%8d%bb%e5%a4%a9%e5%a4%a9%e5%8f%ab%e5%a4%96%e9%80%81-%e5%a4%a7\/\" ><img decoding=\"async\"  alt=\"\u53f0\u7063\u65b0\u805e\u901a\u8a0a\u793e-\u4e00\u9910\u7834200\u5143 \u6708\u85aa5\u842c\u537b\u5929\u5929\u53eb\u5916\u9001 \u5927\u7968\u4eba\u66dd\u539f\u56e0\uff1a\u5f88\u5212\u7b97\"  src=\"https:\/\/twkeypoint.com\/wp-content\/uploads\/2026\/06\/chinatime_figure-192.jpg\" \/><\/a><\/div><div class=\"ultp-block-content ultp-block-content-bottomPosition\"><div class=\"ultp-block-content-inner\"><\/div><\/div><\/div><\/div><div class=\"ultp-block-item post-id-10319109\"><div class=\"ultp-block-content-wrap ultp-block-content-overlay\"><div class=\"ultp-block-image ultp-block-image-zoomOut\"><a href=\"https:\/\/twkeypoint.com\/index.php\/2026\/06\/27\/%e5%8f%b0%e7%81%a3%e6%96%b0%e8%81%9e%e9%80%9a%e8%a8%8a%e7%a4%be-%e7%a6%8f%e6%96%af%e6%b1%bd%e8%bb%8a%e9%97%9c%e9%96%89%e5%be%b7%e5%9c%8b4%e7%94%9f%e7%94%a2%e5%9f%ba%e5%9c%b0%e3%80%81%e8%82%a1%e5%83%b9\/\" ><img decoding=\"async\"  alt=\"\u53f0\u7063\u65b0\u805e\u901a\u8a0a\u793e-\u798f\u65af\u6c7d\u8eca\u95dc\u9589\u5fb7\u570b4\u751f\u7522\u57fa\u5730\u3001\u80a1\u50f9\u91cd\u632b\u3000\u88c1\u54e1\u898f\u6a21\u589e\u81f310\u842c\u4eba\"  src=\"https:\/\/twkeypoint.com\/wp-content\/uploads\/2026\/06\/setn_figure-854.jpg\" \/><\/a><\/div><div class=\"ultp-block-content ultp-block-content-bottomPosition\"><div class=\"ultp-block-content-inner\"><\/div><\/div><\/div><\/div><\/div><\/div><div class=\"pagination-block-html\" aria-hidden=\"true\" style=\"display: none;\"><\/div><\/div>\n<\/div>\n\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>\u96a8\u6301\u7e8c\u6027\u7684\u4f9b\u61c9\u77ed\u7f3a\u5e2d\u6372\u5e02\u5834\uff0c\u63a5 &hellip; <a href=\"https:\/\/twkeypoint.com\/index.php\/2026\/06\/28\/%e5%8f%b0%e7%81%a3%e6%96%b0%e8%81%9e%e9%80%9a%e8%a8%8a%e7%a4%be-%e8%a8%98%e6%86%b6%e9%ab%94%e5%83%b9%e6%a0%bc%e4%bc%b0%e3%80%8c%e4%b8%8b%e5%8d%8a%e5%b9%b4%e9%a3%86%e6%bc%b240-50%e3%80%8d%e3%80%80\/\" class=\"more-link\"><span class=\"more-button\">Continue Reading<span class=\"screen-reader-text\">\u53f0\u7063\u65b0\u805e\u901a\u8a0a\u793e-\u8a18\u61b6\u9ad4\u50f9\u683c\u4f30\u300c\u4e0b\u534a\u5e74\u98c6\u6f3240-50%\u300d\u3000\u7f8e\u5a92\uff1a\u6676\u7247\u88fd\u9020\u5546\u8cfa\u53d6\u66b4\u5229<\/span><\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":10321051,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_coblocks_attr":"","_coblocks_dimensions":"","_coblocks_responsive_height":"","_coblocks_accordion_ie_support":"","_mi_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[15],"tags":[47],"acf":[],"aioseo_notices":[],"featured_image":{"url":"https:\/\/twkeypoint.com\/wp-content\/uploads\/2026\/06\/setn_figure-2176.jpg"},"_links":{"self":[{"href":"https:\/\/twkeypoint.com\/index.php\/wp-json\/wp\/v2\/posts\/10321052"}],"collection":[{"href":"https:\/\/twkeypoint.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/twkeypoint.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/twkeypoint.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/twkeypoint.com\/index.php\/wp-json\/wp\/v2\/comments?post=10321052"}],"version-history":[{"count":1,"href":"https:\/\/twkeypoint.com\/index.php\/wp-json\/wp\/v2\/posts\/10321052\/revisions"}],"predecessor-version":[{"id":10321053,"href":"https:\/\/twkeypoint.com\/index.php\/wp-json\/wp\/v2\/posts\/10321052\/revisions\/10321053"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/twkeypoint.com\/index.php\/wp-json\/wp\/v2\/media\/10321051"}],"wp:attachment":[{"href":"https:\/\/twkeypoint.com\/index.php\/wp-json\/wp\/v2\/media?parent=10321052"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/twkeypoint.com\/index.php\/wp-json\/wp\/v2\/categories?post=10321052"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/twkeypoint.com\/index.php\/wp-json\/wp\/v2\/tags?post=10321052"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}