{"id":9352,"date":"2022-05-07T08:15:59","date_gmt":"2022-05-07T08:15:59","guid":{"rendered":"https:\/\/www.nexuspoint.com\/insights-page\/"},"modified":"2022-05-08T23:25:47","modified_gmt":"2022-05-08T23:25:47","slug":"insights-page","status":"publish","type":"page","link":"https:\/\/www.nexuspoint.com\/zh-hans\/insights-page\/","title":{"rendered":"Insights Page"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"9352\" class=\"elementor elementor-9352 elementor-8781\">\n\t\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-5c59721 title-section elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"5c59721\" data-element_type=\"section\" 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href=\"https:\/\/www.nexuspoint.com\/zh-hans\/npinsights\/%e4%b8%ba%e4%bd%95%e4%b8%ad%e5%9e%8b%e4%bc%81%e4%b8%9a%e6%8e%a7%e8%82%a1%e5%9e%8b%e6%8a%95%e8%b5%84%e7%ad%96%e7%95%a5%e8%83%bd%e5%9c%a8%e4%b8%ad%e5%9b%bd%e5%88%9b%e9%80%a0%e8%b6%85%e9%a2%9d%e5%9b%9e\/\" ><div class=\"elementor-post__thumbnail\"><img width=\"2560\" height=\"667\" src=\"https:\/\/www.nexuspoint.com\/wp-content\/uploads\/2022\/05\/day-city-view-credit.jpg\" class=\"attachment-full size-full wp-image-9381\" alt=\"\" loading=\"lazy\" srcset=\"https:\/\/www.nexuspoint.com\/wp-content\/uploads\/2022\/05\/day-city-view-credit.jpg 2560w, https:\/\/www.nexuspoint.com\/wp-content\/uploads\/2022\/05\/day-city-view-credit-300x78.jpg 300w, https:\/\/www.nexuspoint.com\/wp-content\/uploads\/2022\/05\/day-city-view-credit-1024x267.jpg 1024w, https:\/\/www.nexuspoint.com\/wp-content\/uploads\/2022\/05\/day-city-view-credit-768x200.jpg 768w, 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*\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 *\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 * \u4eca\u7fca\u8d44\u672c\u4e13\u6ce8\u4e8e\u4e2d\u578b\u4f01\u4e1a\u63a7\u80a1\u578b\u6295\u8d44\u7b56\u7565\uff0c\u5e76\u8ba4\u4e3a\u8be5\u7b56\u7565\u6709\u671b\u5728\u4e2d\u56fd\u4ea7\u751f\u8d85\u989d\u56de\u62a5\uff0c\u539f\u56e0\u662f\u5165\u573a\u4f30\u503c\u5408\u7406\u3001EBITDA\u589e\u957f\u6f5c\u529b\u5de8\u5927\u3001\u4ee5\u53ca\u82e5\u80fd\u6210\u529f\u63a8\u52a8\u88ab\u6295\u4f01\u4e1a\u6210\u957f\uff0c\u9000\u51fa\u65f6\u5b58\u5728\u5de8\u5927\u7684\u4f30\u503c\u500d\u6570\u5957\u5229\u7a7a\u95f4\u3002\u540c\u65f6\uff0c\u57fa\u4e8e\u4e25\u8c28\u7684\u4f30\u503c\u65b9\u6cd5\u4ee5\u53ca\u805a\u7126\u88ab\u6295\u4f01\u4e1a\u7684\u4ef7\u503c\u521b\u9020\uff0c\u6211\u4eec\u8ba4\u4e3a\u76f8\u5e94\u7684\u6295\u8d44\u98ce\u9669\u4e5f\u8f83\u4e3a\u6709\u9650\u3002\u6700\u540e\uff0c\u7531\u4e8e\u5728\u4e2d\u56fd\u9009\u62e9\u6b64\u7b56\u7565\u7684PE\u516c\u53f8\u5e76\u4e0d\u591a\uff0c\u6211\u4eec\u7684\u6295\u8d44\u7ec4\u5408\u4e0e\u5176\u4ed6PE\u516c\u53f8\u5b58\u5728\u663e\u7740\u5dee\u5f02\uff0c\u56e0\u6b64\uff0c\u6211\u4eec\u80fd\u591f\u5e2e\u52a9\u6295\u8d44\u8005\u5b9e\u73b0\u5728\u4e2d\u56fd\u5e02\u573a\u8d44\u4ea7\u914d\u7f6e\u7684\u591a\u5143\u5316\u3002 \u4e2d\u56fd\u662f\u4e00\u4e2a\u5e9e\u5927\u7684\u5e02\u573a\uff0c\u5b58\u5728\u591a\u79cd\u591a\u6837\u7684\u6295\u8d44\u7b56\u7565\u3002\u5728\u4eca\u7fca\u8d44\u672c\uff0c\u6211\u4eec\u76f8\u4fe1\u4e13\u6ce8\u4e8e\u4e2d\u578b\u4f01\u4e1a\u63a7\u80a1\u578b\u6295\u8d44\u7684\u7b56\u7565\u662f\u4f18\u8d8a\u7684 \u2013 \u5b83\u5177\u5907\u4f4e\u98ce\u9669\/\u9ad8\u56de\u62a5\u7684\u6295\u8d44\u6f5c\u529b\uff0c\u5c06\u4e3a\u6211\u4eec\u7684\u6295\u8d44\u8005\u521b\u9020\u4e30\u539a\u56de\u62a5\u3002<\/p>\n\t\t<\/div>\n\t\t\n\t\t<a class=\"elementor-post__read-more\" href=\"https:\/\/www.nexuspoint.com\/zh-hans\/npinsights\/%e4%b8%ba%e4%bd%95%e4%b8%ad%e5%9e%8b%e4%bc%81%e4%b8%9a%e6%8e%a7%e8%82%a1%e5%9e%8b%e6%8a%95%e8%b5%84%e7%ad%96%e7%95%a5%e8%83%bd%e5%9c%a8%e4%b8%ad%e5%9b%bd%e5%88%9b%e9%80%a0%e8%b6%85%e9%a2%9d%e5%9b%9e\/\" >\n\t\t\tRead More \u00bb\t\t<\/a>\n\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-post__meta-data\">\n\t\t\t\t\t<span class=\"elementor-post-author\">\n\t\t\tKC Kung\t\t<\/span>\n\t\t\t\t<span class=\"elementor-post-date\">\n\t\t\tApril 15, 2022\t\t<\/span>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/article>\n\t\t\t\t<article class=\"elementor-post elementor-grid-item post-9078 npinsights type-npinsights status-publish has-post-thumbnail hentry\">\n\t\t\t<div class=\"elementor-post__card\">\n\t\t\t\t<a class=\"elementor-post__thumbnail__link\" href=\"https:\/\/www.nexuspoint.com\/zh-hans\/npinsights\/%e4%bb%8a%e7%bf%8a%e8%b5%84%e6%9c%ac%e6%88%90%e7%ab%8b%e4%ba%94%e5%91%a8%e5%b9%b4%e4%b9%8b%e9%99%85%e7%9a%84%e5%8f%8d%e6%80%9d\/\" ><div class=\"elementor-post__thumbnail\"><img width=\"2560\" height=\"667\" src=\"https:\/\/www.nexuspoint.com\/wp-content\/uploads\/2022\/04\/coin-wooden-table1.jpg\" class=\"attachment-full size-full wp-image-8839\" alt=\"\" loading=\"lazy\" srcset=\"https:\/\/www.nexuspoint.com\/wp-content\/uploads\/2022\/04\/coin-wooden-table1.jpg 2560w, https:\/\/www.nexuspoint.com\/wp-content\/uploads\/2022\/04\/coin-wooden-table1-300x78.jpg 300w, https:\/\/www.nexuspoint.com\/wp-content\/uploads\/2022\/04\/coin-wooden-table1-1024x267.jpg 1024w, https:\/\/www.nexuspoint.com\/wp-content\/uploads\/2022\/04\/coin-wooden-table1-768x200.jpg 768w, https:\/\/www.nexuspoint.com\/wp-content\/uploads\/2022\/04\/coin-wooden-table1-1536x400.jpg 1536w, https:\/\/www.nexuspoint.com\/wp-content\/uploads\/2022\/04\/coin-wooden-table1-2048x534.jpg 2048w, https:\/\/www.nexuspoint.com\/wp-content\/uploads\/2022\/04\/coin-wooden-table1-24x6.jpg 24w, https:\/\/www.nexuspoint.com\/wp-content\/uploads\/2022\/04\/coin-wooden-table1-36x9.jpg 36w, https:\/\/www.nexuspoint.com\/wp-content\/uploads\/2022\/04\/coin-wooden-table1-48x13.jpg 48w\" sizes=\"(max-width: 2560px) 100vw, 2560px\" \/><\/div><\/a>\n\t\t\t\t<div class=\"elementor-post__text\">\n\t\t\t\t<h3 class=\"elementor-post__title\">\n\t\t\t<a href=\"https:\/\/www.nexuspoint.com\/zh-hans\/npinsights\/%e4%bb%8a%e7%bf%8a%e8%b5%84%e6%9c%ac%e6%88%90%e7%ab%8b%e4%ba%94%e5%91%a8%e5%b9%b4%e4%b9%8b%e9%99%85%e7%9a%84%e5%8f%8d%e6%80%9d\/\" >\n\t\t\t\t\u4eca\u7fca\u8d44\u672c\u6210\u7acb\u4e94\u5468\u5e74\u4e4b\u9645\u7684\u53cd\u601d\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\t\t<div class=\"elementor-post__excerpt\">\n\t\t\t<p>2022\u5e743\u670814\u65e5\uff0c\u4eca\u7fca\u8d44\u672c(Nexus Point)\u8fce\u6765\u4e86\u6210\u7acb\u4e94\u5468\u5e74\u7eaa\u5ff5\u65e5\u3002\u901a\u8fc7\u6240\u6709\u540c\u4e8b\u7684\u8f9b\u52e4\u52aa\u529b\uff0c\u4eca\u7fca\u8d44\u672c\u5df2\u6210\u957f\u4e3a\u5927\u4e2d\u534e\u533a\u9996\u5c48\u4e00\u6307\u3001\u4e13\u6ce8\u4e8e\u4e2d\u578b\u4f01\u4e1a\u63a7\u80a1\u578b\u6295\u8d44\u7684\u79c1\u52df\u80a1\u6743\u516c\u53f8\u3002\u6211\u4eec\u5728\u9999\u6e2f\u548c\u4e0a\u6d77\u5efa\u7acb\u4e86\u4e00\u652f\u7ea620\u4eba\u7684\u56e2\u961f\uff0c\u7531\u7ecf\u9a8c\u4e30\u5bcc\u3001\u62e5\u6709\u4e0d\u540c\u80cc\u666f\u7684\u7cbe\u82f1\u4eba\u58eb\u7ec4\u6210\u3002\u6211\u4eec\u8d62\u5f97\u4e86\u4e16\u754c\u4e00\u6d41\u6295\u8d44\u8005\u7684\u4fe1\u4efb\uff0c\u65d7\u4e0b\u7ba1\u7406\u8d44\u4ea7\u89c4\u6a21\u5df2\u8d85\u8fc710\u4ebf\u7f8e\u5143\u3002\u6211\u4eec\u76847\u5bb6\uff08\u5373\u5c06\u53d8\u4e3a8\u5bb6\uff09\u88ab\u6295\u4f01\u4e1a\u4fdd\u6301\u7740\u5f3a\u52b2\u7684\u4e1a\u7ee9\u8868\u73b0\uff0c\u5e74\u606f\u7a0e\u6298\u644a\u524d\u5229\u6da6(EBITDA)\u589e\u957f\u7387\u8d85\u8fc725%\uff0c\u5e76\u5b9e\u73b0\u4e86\u5bf9\u6295\u8d44\u8005\u7684\u5206\u7ea2\u3002\u4f9d\u6258\u8fd9\u652f\u52e4\u594b\u5e72\u7ec3\u7684\u56e2\u961f\u548c\u6211\u4eec\u5728\u5e02\u573a\u5efa\u7acb\u8d77\u7684\u54c1\u724c\uff0c\u9884\u8ba1\u6211\u4eec\u7684\u6295\u8d44\u6b65\u4f10\u5c06\u8fdb\u4e00\u6b65\u52a0\u5feb\u3002\u4e0e\u6b64\u540c\u65f6\uff0c\u968f\u7740\u6211\u4eec\u7684\u88ab\u6295\u4f01\u4e1a\u7684\u9010\u6e10\u6210\u719f\uff0c\u6211\u4eec\u6b63\u5728\u79ef\u6781\u8bc4\u4f30\u66f4\u591a\u7684\u6d41\u52a8\u6027\u673a\u4f1a\uff0c\u4ee5\u671f\u4e3a\u6295\u8d44\u8005\u5e26\u6765\u4e30\u539a\u7684\u56de\u62a5\u3002 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\u5728\u4eca\u7fca\u8d44\u672c\uff0c\u6211\u611f\u5230\u975e\u5e38\u81ea\u8c6a\u7684\u662f\u6211\u4eec\u901a\u8fc7\u884c\u4e1a\u805a\u7126\u4ece\u800c\u80fd\u591f\u81ea\u4e3b\u53d1\u6398\u6295\u8d44\u673a\u4f1a\u3001\u900f\u5f7b\u6df1\u5165\u7684\u5c3d\u804c\u8c03\u67e5\u4ee5\u53ca\u5bf9\u88ab\u6295\u4f01\u4e1a\u4ef7\u503c\u521b\u9020\u7684\u4e0d\u61c8\u5173\u6ce8\u3002\u6211\u4eec\u575a\u4fe1\uff0c\u4ef7\u503c\u521b\u9020\u662f\u4e3a\u6295\u8d44\u8005\u5e26\u6765\u8d85\u989d\u56de\u62a5\u7684\u6700\u4f73\u9014\u5f84\u3002 *\u00a0\u00a0\u00a0\u00a0\u00a0 *\u00a0\u00a0\u00a0\u00a0\u00a0 * \u6700\u540e\uff0c\u6211\u8981\u611f\u8c22\u4e00\u76f4\u4ee5\u6765\u5927\u529b\u652f\u6301\u6211\u4eec\u7684\u670b\u53cb\u548c\u5408\u4f5c\u4f19\u4f34\u3002\u4ece\u6700\u521d\u4f4d\u4e8e\u9999\u6e2f\u4e2d\u73af\u56fd\u9645\u91d1\u878d\u4e2d\u5fc3\u7684\u4ec5200\u5e73\u65b9\u82f1\u5c3a\u7684\u4e34\u65f6\u529e\u516c\u5ba4\u5230\u73b0\u5728\uff0c\u6211\u4eec\u5df2\u7ecf\u8d70\u8fc7\u6f2b\u957f\u7684\u9053\u8def\uff01<\/p>\n\t\t<\/div>\n\t\t\n\t\t<a class=\"elementor-post__read-more\" href=\"https:\/\/www.nexuspoint.com\/zh-hans\/npinsights\/%e4%bb%8a%e7%bf%8a%e8%b5%84%e6%9c%ac%e6%88%90%e7%ab%8b%e4%ba%94%e5%91%a8%e5%b9%b4%e4%b9%8b%e9%99%85%e7%9a%84%e5%8f%8d%e6%80%9d\/\" >\n\t\t\tRead More \u00bb\t\t<\/a>\n\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-post__meta-data\">\n\t\t\t\t\t<span class=\"elementor-post-author\">\n\t\t\tKC Kung\t\t<\/span>\n\t\t\t\t<span class=\"elementor-post-date\">\n\t\t\tApril 12, 2022\t\t<\/span>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/article>\n\t\t\t\t<article class=\"elementor-post elementor-grid-item post-9080 npinsights type-npinsights status-publish has-post-thumbnail hentry\">\n\t\t\t<div class=\"elementor-post__card\">\n\t\t\t\t<a class=\"elementor-post__thumbnail__link\" href=\"https:\/\/www.nexuspoint.com\/zh-hans\/npinsights\/%e4%b8%ad%e5%9b%bd%e6%9c%89%e6%9c%9b%e6%88%90%e4%b8%ba%e5%85%a8%e7%90%83%e6%9c%80%e5%a4%a7%e7%9a%84pe%e5%b8%82%e5%9c%ba\/\" ><div class=\"elementor-post__thumbnail\"><img width=\"2560\" height=\"1707\" src=\"https:\/\/www.nexuspoint.com\/wp-content\/uploads\/2022\/04\/Article-II-Pic-scaled-1.jpg\" class=\"attachment-full size-full wp-image-8786\" alt=\"\" loading=\"lazy\" srcset=\"https:\/\/www.nexuspoint.com\/wp-content\/uploads\/2022\/04\/Article-II-Pic-scaled-1.jpg 2560w, https:\/\/www.nexuspoint.com\/wp-content\/uploads\/2022\/04\/Article-II-Pic-scaled-1-300x200.jpg 300w, https:\/\/www.nexuspoint.com\/wp-content\/uploads\/2022\/04\/Article-II-Pic-scaled-1-1024x683.jpg 1024w, https:\/\/www.nexuspoint.com\/wp-content\/uploads\/2022\/04\/Article-II-Pic-scaled-1-768x512.jpg 768w, https:\/\/www.nexuspoint.com\/wp-content\/uploads\/2022\/04\/Article-II-Pic-scaled-1-1536x1024.jpg 1536w, https:\/\/www.nexuspoint.com\/wp-content\/uploads\/2022\/04\/Article-II-Pic-scaled-1-2048x1366.jpg 2048w, https:\/\/www.nexuspoint.com\/wp-content\/uploads\/2022\/04\/Article-II-Pic-scaled-1-66x45.jpg 66w, https:\/\/www.nexuspoint.com\/wp-content\/uploads\/2022\/04\/Article-II-Pic-scaled-1-24x16.jpg 24w, https:\/\/www.nexuspoint.com\/wp-content\/uploads\/2022\/04\/Article-II-Pic-scaled-1-36x24.jpg 36w, https:\/\/www.nexuspoint.com\/wp-content\/uploads\/2022\/04\/Article-II-Pic-scaled-1-48x32.jpg 48w\" sizes=\"(max-width: 2560px) 100vw, 2560px\" \/><\/div><\/a>\n\t\t\t\t<div class=\"elementor-post__text\">\n\t\t\t\t<h3 class=\"elementor-post__title\">\n\t\t\t<a href=\"https:\/\/www.nexuspoint.com\/zh-hans\/npinsights\/%e4%b8%ad%e5%9b%bd%e6%9c%89%e6%9c%9b%e6%88%90%e4%b8%ba%e5%85%a8%e7%90%83%e6%9c%80%e5%a4%a7%e7%9a%84pe%e5%b8%82%e5%9c%ba\/\" >\n\t\t\t\t\u4e2d\u56fd\u6709\u671b\u6210\u4e3a\u5168\u7403\u6700\u5927\u7684PE\u5e02\u573a\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\t\t<div 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Foreign Limited Partnership\uff09\u5236\u5ea6\uff08\u57fa\u4e8e\u8be5\u5236\u5ea6\uff0c\u5883\u5916\u673a\u6784\u548c\u4e2a\u4eba\u6295\u8d44\u8005\u53ef\u901a\u8fc7PE\u57fa\u91d1\u6295\u8d44\u4e2d\u56fd\u4f01\u4e1a[9]\uff09\u7684\u6301\u7eed\u6269\u5f20\u5f88\u597d\u5730\u53cd\u5e94\u4e86\u8fd9\u4e00\u8d8b\u52bf\u3002 4. PE\u53d1\u5c55\u7684\u6280\u672f\u969c\u788d\u9010\u6b65\u626b\u6e05 \u4e2d\u56fd\u56fd\u5185\u6cd5\u5f8b\u4f53\u7cfb\u65e5\u81fb\u5065\u5168\u3002\u636e\u4e16\u754c\u94f6\u884c\u7684\u6570\u636e\uff0c\u4e2d\u56fd\u5728\u5546\u4e1a\u5408\u540c\u6267\u884c\u529b\u5c42\u9762\u5df2\u8dfb\u8eab\u5168\u7403\u6700\u4f18\u79c0\u768420\u4e2a\u56fd\u5bb6\/\u5730\u533a\u4e4b\u5217[10]\u3002\u4e0e\u6b64\u540c\u65f6\uff0cPE\u6295\u8d44\u8005\u4e5f\u8d8a\u6765\u8d8a\u6e05\u695a\u8be5\u901a\u8fc7\u54ea\u4e9b\u5fc5\u8981\u63aa\u65bd\u786e\u4fdd\u5408\u540c\u7684\u6267\u884c\uff0c\u8fd9\u4e9b\u8d8b\u52bf\u5747\u4fc3\u8fdb\u4e86PE\u884c\u4e1a\u7684\u53d1\u5c55\u3002\u56fd\u5185\u8d44\u672c\u5e02\u573a\u4e5f\u5728\u8fc5\u901f\u6210\u719f\uff0c\u4e3aPE\u6295\u8d44\u63d0\u4f9b\u4e86\u66f4\u5e7f\u6cdb\u9ad8\u6548\u7684\u9000\u51fa\u9014\u5f84\u30022016\u81f32018\u5e74\u95f4\uff0c\u4e2d\u56fd\u8bc1\u76d1\u4f1a\u5e73\u5747IPO\u5ba1\u6279\u65f6\u95f4\u4ece3\u5e74\u4ee5\u4e0a\u7f29\u77ed\u5230\u4e86\u4ec59\u4e2a\u6708\u3002\u4e0e\u6b64\u76f8\u4f3c\u7684\u662f\uff0c2019\u5e74\u79d1\u521b\u677f\u7684\u8bd5\u884c\u4e3a\u5728\u5cb8\u548c\u79bb\u5cb8\u7684\u4e2d\u56fd\u4f01\u4e1a\u63d0\u4f9b\u4e86\u66f4\u7075\u6d3b\u7684\u4e0a\u5e02\u9009\u62e9[11]\u3002\u6700\u540e\uff0c\u5c3d\u804c\u8c03\u67e5\u4e5f\u53d8\u5f97\u8d8a\u6765\u8d8a\u5bb9\u6613\uff0c\u8fd9\u5f97\u76ca\u4e8e\u5927\u91cf\u7ecf\u9a8c\u4e30\u5bcc\u7684\u4e13\u4e1a\u670d\u52a1\u516c\u53f8\u7684\u6d8c\u73b0\uff0c\u653f\u5e9c\u63d0\u9ad8\u4f01\u4e1a\u900f\u660e\u5ea6\u7684\u52aa\u529b\uff0c\u4ee5\u53ca\u5927\u6570\u636e\u5206\u6790\u7684\u5e7f\u6cdb\u5e94\u7528\uff0c\u6781\u5927\u51cf\u5c11\u4e86\u7814\u7a76\u6f5c\u5728\u884c\u4e1a\u548c\u6295\u8d44\u6807\u7684\u6240\u9700\u7684\u65f6\u95f4\u3002 \u57fa\u4e8e\u5bf9\u672a\u6765\u5b8f\u89c2\u7ecf\u6d4e\u589e\u957f\u7684\u666e\u904d\u9884\u6d4b\uff0c\u4ee5\u53ca\u5bf9PE\u6295\u8d44\u5728\u4e2d\u56fd\u6e17\u900f\u524d\u666f\u7684\u5408\u7406\u5047\u8bbe\uff0c\u6211\u8ba4\u4e3a2045\u5e74\u5c06\u662f\u4e2d\u56fd\u6210\u4e3a\u5168\u7403\u6700\u5927PE\u5e02\u573a\u7684\u8282\u70b9\u3002\u8fd9\u4e00\u9884\u6d4b\u5f53\u7136\u672a\u5fc5\u7cbe\u786e\uff0c\u4f46\u5e02\u573a\u8d70\u52bf\u5df2\u6e05\u6670\u65e0\u7591\uff0c\u777f\u667a\u7684\u6295\u8d44\u8005\u5e94\u505a\u597d\u5145\u5206\u51c6\u5907\uff0c\u4ee5\u62a2\u5360\u5148\u673a\u3002 &nbsp; [1]\u00a0https:\/\/databank.worldbank.org\/data\/download\/GDP.pdf [2]\u00a0https:\/\/www.mckinsey.com\/industries\/private-equity-and-principal-investors\/our-insights\/in-search-of-alpha-updating-the-playbook-for-private-equity-in-china [3]\u00a0https:\/\/www.mckinsey.com\/industries\/private-equity-and-principal-investors\/our-insights\/in-search-of-alpha-updating-the-playbook-for-private-equity-in-china<\/p>\n\t\t<\/div>\n\t\t\n\t\t<a class=\"elementor-post__read-more\" href=\"https:\/\/www.nexuspoint.com\/zh-hans\/npinsights\/%e4%b8%ad%e5%9b%bd%e6%9c%89%e6%9c%9b%e6%88%90%e4%b8%ba%e5%85%a8%e7%90%83%e6%9c%80%e5%a4%a7%e7%9a%84pe%e5%b8%82%e5%9c%ba\/\" >\n\t\t\tRead More \u00bb\t\t<\/a>\n\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-post__meta-data\">\n\t\t\t\t\t<span class=\"elementor-post-author\">\n\t\t\tKC Kung\t\t<\/span>\n\t\t\t\t<span class=\"elementor-post-date\">\n\t\t\tDecember 9, 2020\t\t<\/span>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/article>\n\t\t\t\t<article class=\"elementor-post elementor-grid-item post-9077 npinsights type-npinsights status-publish has-post-thumbnail hentry\">\n\t\t\t<div class=\"elementor-post__card\">\n\t\t\t\t<a class=\"elementor-post__thumbnail__link\" href=\"https:\/\/www.nexuspoint.com\/zh-hans\/npinsights\/%e6%8e%a7%e8%82%a1%e5%9e%8b%e4%ba%a4%e6%98%93%e5%9c%a8%e4%b8%ad%e5%9b%bd%e7%a7%81%e5%8b%9f%e8%82%a1%e6%9d%83%e5%b8%82%e5%9c%ba%e5%85%b4%e8%b5%b7%e7%9a%84%e4%b8%89%e5%a4%a7%e5%8e%9f%e5%9b%a0\/\" ><div class=\"elementor-post__thumbnail\"><img width=\"2121\" height=\"1414\" src=\"https:\/\/www.nexuspoint.com\/wp-content\/uploads\/2022\/04\/GettyImages-169280352-min.jpg\" class=\"attachment-full size-full wp-image-8955\" alt=\"\" loading=\"lazy\" srcset=\"https:\/\/www.nexuspoint.com\/wp-content\/uploads\/2022\/04\/GettyImages-169280352-min.jpg 2121w, https:\/\/www.nexuspoint.com\/wp-content\/uploads\/2022\/04\/GettyImages-169280352-min-300x200.jpg 300w, https:\/\/www.nexuspoint.com\/wp-content\/uploads\/2022\/04\/GettyImages-169280352-min-1024x683.jpg 1024w, https:\/\/www.nexuspoint.com\/wp-content\/uploads\/2022\/04\/GettyImages-169280352-min-768x512.jpg 768w, https:\/\/www.nexuspoint.com\/wp-content\/uploads\/2022\/04\/GettyImages-169280352-min-1536x1024.jpg 1536w, https:\/\/www.nexuspoint.com\/wp-content\/uploads\/2022\/04\/GettyImages-169280352-min-2048x1365.jpg 2048w, https:\/\/www.nexuspoint.com\/wp-content\/uploads\/2022\/04\/GettyImages-169280352-min-66x45.jpg 66w\" sizes=\"(max-width: 2121px) 100vw, 2121px\" \/><\/div><\/a>\n\t\t\t\t<div class=\"elementor-post__text\">\n\t\t\t\t<h3 class=\"elementor-post__title\">\n\t\t\t<a href=\"https:\/\/www.nexuspoint.com\/zh-hans\/npinsights\/%e6%8e%a7%e8%82%a1%e5%9e%8b%e4%ba%a4%e6%98%93%e5%9c%a8%e4%b8%ad%e5%9b%bd%e7%a7%81%e5%8b%9f%e8%82%a1%e6%9d%83%e5%b8%82%e5%9c%ba%e5%85%b4%e8%b5%b7%e7%9a%84%e4%b8%89%e5%a4%a7%e5%8e%9f%e5%9b%a0\/\" >\n\t\t\t\t\u63a7\u80a1\u578b\u4ea4\u6613\u5728\u4e2d\u56fd\u79c1\u52df\u80a1\u6743\u5e02\u573a\u5174\u8d77\u7684\u4e09\u5927\u539f\u56e0\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\t\t<div class=\"elementor-post__excerpt\">\n\t\t\t<p>\u4e09\u5e74\u591a\u524d\uff0c\u6211\u79bb\u5f00\u4e86\u4e0e\u4ed6\u4eba\u5171\u540c\u521b\u7acb\u7684\u79c1\u52df\u80a1\u6743\uff08PE\uff09\u516c\u53f8\uff0c\u5e76\u6210\u7acb\u4e86\u4eca\u7fca\u8d44\u672c(Nexus Point)\u3002\u5f53\u65f6\uff0c\u6709\u4e00\u4e9b\u4eba\u95ee\u6211\u4e3a\u4ec0\u4e48\u8981\u521b\u5efa\u4e00\u5bb6\u65b0\u7684\u79c1\u52df\u80a1\u6743\u516c\u53f8\uff0c\u6211\u60f3\u501f\u6b64\u673a\u4f1a\u5206\u4eab\u4e00\u4e0b\u8fd9\u80cc\u540e\u7684\u539f\u56e0\u548c\u52a8\u673a\u3002\u9996\u5148\u662f\u4e2a\u4eba\u52a8\u673a\uff1a\u6211\u60f3\u91cd\u56de\u6211\u6700\u559c\u6b22\u7684\u4ea4\u6613\u9886\u57df\uff0c\u5bfb\u627e\u6709\u5145\u8db3\u53d1\u5c55\u524d\u666f\u7684\u4e2d\u578b\u4f01\u4e1a\uff0c\u5e76\u901a\u8fc7\u6539\u5584\u8fd0\u8425\u548c\u5b9e\u65bd\u53d8\u9769\u6027\u4e3e\u63aa\u521b\u9020\u4f01\u4e1a\u4ef7\u503c\u3002\u6b64\u5916\uff0c\u901a\u8fc7\u81ea\u6709\u6e20\u9053\u8fbe\u6210\u4ea4\u6613\uff0c\u5e76\u4e0e\u4f01\u4e1a\u7ba1\u7406\u56e2\u961f\u5efa\u7acb\u5f3a\u6709\u529b\u7684\u5408\u4f5c\u5173\u7cfb\uff0c\u5bf9\u6211\u800c\u8a00\u662f\u4ef6\u6781\u5bcc\u6210\u5c31\u611f\u7684\u4e8b\u60c5\u3002\u521b\u5efa\u4eca\u7fca\u8d44\u672c\u8ba9\u6211\u5f97\u4ee5\u56de\u5f52\u79c1\u52df\u80a1\u6743\u8fd9\u4e00\u6295\u8d44\u65b9\u5f0f\uff0c\u5e76\u4eab\u53d7\u5176\u4e2d\u7684\u4e50\u8da3\u3002 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\u800c\u8fd9\u4e9b\u56e0\u7d20\u5728\u8fd1\u4e9b\u5e74\u53d1\u751f\u4e86\u53d8\u5316\uff0c\u800c\u4e14\u8f6c\u53d8\u901f\u5ea6\u6b63\u5728\u52a0\u5feb\uff0c\u4fc3\u4f7f\u63a7\u80a1\u578b\u4ea4\u6613\uff08\u5373\u6295\u8d44\u8005\u901a\u8fc7\u6301\u6709\u591a\u6570\u80a1\u6743\u6765\u638c\u63a7\u88ab\u6295\u4f01\u4e1a\u73b0\u91d1\u6d41\u548c\u7ecf\u8425\u65b9\u5411\u7684\u4ea4\u6613\uff09\u6b63\u5728\u4e2d\u56fd\u5174\u8d77\u3002\u4ee5\u4e0b\u662f\u6211\u770b\u597d\u5927\u4e2d\u534e\u533a\u63a7\u80a1\u578b\u4ea4\u6613\u7684\u4e09\u4e2a\u7406\u7531\uff1a 1. \u4e2d\u56fd\u7ecf\u6d4e\u589e\u957f\u653e\u7f13\uff0c\u52a0\u4e4b\u521b\u59cb\u4eba\u63a5\u73ed\u95ee\u9898\uff0c\u4f7f\u5f97\u521b\u59cb\u4eba\u76f8\u6bd4\u8fc7\u53bb\u66f4\u613f\u610f\u8ba9\u51fa\u63a7\u80a1\u6743 2019\u5e74\uff0c\u4e2d\u56fd\u7ecf\u6d4e\u589e\u901f\u8fbe\u52306.1%\u3002\u5c3d\u7ba1\u8be5\u7ecf\u6d4e\u589e\u901f\u5728\u5168\u7403\u4e3b\u8981\u7ecf\u6d4e\u4f53\u4e2d\u4f9d\u7136\u540d\u5217\u524d\u8305\uff0c\u4f46\u4e0e\u4e0a\u4e16\u7eaa90\u5e74\u4ee3\u548c\u672c\u4e16\u7eaa\u524d\u5341\u5e74\u8d85\u8fc710%\u7684\u5e74\u589e\u957f\u7387\u76f8\u6bd4\uff0c\u5df2\u7ecf\u76f8\u5dee\u751a\u8fdc\u3002\u968f\u7740\u4e2d\u56fd\u7ecf\u6d4e\u589e\u957f\u7684\u653e\u7f13\u548c\u65e5\u8d8b\u6210\u719f\uff0c\u52b3\u52a8\u529b\u6210\u672c\u548c\u5176\u4ed6\u5408\u89c4\u6210\u672c\u6301\u7eed\u4e0a\u5347\uff0c\u8fdb\u4e00\u6b65\u6324\u538b\u4e86\u4f01\u4e1a\u7684\u5229\u6da6\u7387\u3002\u4e2d\u56fd\u56fd\u5bb6\u7edf\u8ba1\u5c40\u7684\u6570\u636e\u663e\u793a\uff0c2009\u81f32019\u5e74\u671f\u95f4\uff0c\u5168\u56fd\u57ce\u9547\u79c1\u8425\u5355\u4f4d\u5c31\u4e1a\u4eba\u5458\u7684\u5e74\u5e73\u5747\u5de5\u8d44\u589e\u901f\u4e3a11.4%\u3002\u540c\u65f6\uff0c\u4e3a\u51cf\u5c11\u4f01\u4e1a\u4e3a\u5458\u5de5\u7f34\u7eb3\u793e\u4fdd\u7684\u7f3a\u53e3\uff0c\u4e2d\u56fd\u7a0e\u52a1\u5c40\u5df2\u5bf9\u5c31\u4e1a\u4eba\u5458\u7684\u6536\u5165\u8fdb\u884c\u76d1\u63a7\uff0c\u5bfc\u81f4\u4f01\u4e1a\u793e\u4fdd\u6210\u672c\u4e0a\u5347\u3002\u6b64\u5916\uff0c\u653f\u5e9c\u5728\u5168\u56fd\u8303\u56f4\u5185\u6269\u5927\u4e86\u73af\u5883\u76d1\u63a7\u7f51\u7edc\uff0c\u52a0\u5927\u6c61\u67d3\u6cbb\u7406\u529b\u5ea6\uff0c\u4ece\u800c\u589e\u52a0\u4e86\u8bb8\u591a\u884c\u4e1a\u7684\u73af\u4fdd\u5408\u89c4\u538b\u529b\u3002 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\u5f88\u96be\u9002\u7528\u4e8e\u5f53\u524d\u7684\u5b8f\u89c2\u548c\u7ecf\u8425\u73af\u5883\u3002\u56e0\u6b64\uff0c\u516c\u53f8\u521b\u59cb\u4eba\u66f4\u503e\u5411\u4e8e\u8003\u8651\u4e0e\u6709\u80fd\u529b\u4e3a\u4f01\u4e1a\u8d4b\u80fd\u7684\u79c1\u52df\u80a1\u6743\u516c\u53f8\u5408\u4f5c\uff0c\u751a\u81f3\u613f\u610f\u8ba9\u51fa\u4f01\u4e1a\u63a7\u80a1\u6743\u3002 \u6b64\u5916\uff0c\u4e0a\u4e16\u7eaa80\u548c90\u5e74\u4ee3\u5f00\u59cb\u521b\u4e1a\u7684\u4e00\u6279\u4f01\u4e1a\u5bb6\u6070\u597d\u6b65\u5165\u9000\u4f11\u5e74\u7eaa\uff0c\u4ed6\u4eec\u4e2d\u7684\u8bb8\u591a\u4eba\u9762\u4e34\u7740\u68d8\u624b\u7684\u4f01\u4e1a\u63a5\u73ed\u95ee\u9898\uff0c\u56e0\u6b64\u613f\u610f\u5c06\u4f01\u4e1a\u51fa\u552e\u7ed9\u6295\u8d44\u8005\uff0c\u800c\u540e\u8005\u53ef\u4ee5\u901a\u8fc7\u7cfb\u7edf\u6027\u65b9\u5f0f\u7ee7\u7eed\u63a8\u52a8\u4f01\u4e1a\u53d1\u5c55\uff0c\u5e76\u5e2e\u52a9\u4f01\u4e1a\u4ece\u5bb6\u65cf\u4ea7\u4e1a\u5411\u66f4\u52a0\u5236\u5ea6\u5316\u7684\u4f01\u4e1a\u8f6c\u578b\u3002 2. \u4e2d\u56fd\u7684\u9ad8\u7ea7\u7ba1\u7406\u4eba\u624d\u6b63\u4e0d\u65ad\u6d8c\u73b0 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3. \u5e76\u8d2d\u878d\u8d44\u6e20\u9053\u6539\u5584 \u5c3d\u7ba1\u5927\u591a\u6570\u4e2d\u56fd\u5883\u5185\u7684\u63a7\u80a1\u578b\u4ea4\u6613\u662f\u5728\u6ca1\u6709\u6216\u4ec5\u83b7\u5f97\u5c11\u91cf\u5e76\u8d2d\u878d\u8d44\u7684\u60c5\u51b5\u4e0b\u5b8c\u6210\u7684\uff0c\u4f46\u5728\u672a\u6765\uff0c\u968f\u7740\u5b8f\u89c2\u7ecf\u6d4e\u589e\u957f\u7ee7\u7eed\u653e\u7f13\uff0c\u5e76\u8d2d\u878d\u8d44\u5728\u63a8\u52a8\u79c1\u52df\u80a1\u6743\u6295\u8d44\u56de\u62a5\u4e2d\u7684\u4f5c\u7528\u5c06\u6108\u52a0\u51f8\u663e\u3002\u8fd1\u5e74\u6765\uff0c\u4ece\u4e2d\u8d44\u94f6\u884c\u548c\u5728\u534e\u6ce8\u518c\u7684\u5916\u8d44\u94f6\u884c\u5904\u83b7\u5f97\u5e76\u8d2d\u878d\u8d44\u7684\u96be\u5ea6\u5728\u4e0d\u65ad\u964d\u4f4e\u30022015\u5e74\u56fd\u5bb6\u5bf9\u5546\u4e1a\u94f6\u884c\u7ba1\u7406\u6307\u5f15\u8fdb\u884c\u4e86\u4fee\u8ba2\uff0c\u5c06\u5883\u5185\u94f6\u884c\u53ef\u63d0\u4f9b\u7684\u5e76\u8d2d\u878d\u8d44\u6bd4\u4f8b\u4ece50%\u63d0\u9ad8\u523060%\uff0c\u6709\u529b\u5730\u63a8\u52a8\u4e86\u5e76\u8d2d\u8d37\u6b3e\u7684\u589e\u957f\u3002\u636e\u94f6\u884c\u95f4\u8c03\u67e5\u6570\u636e\u663e\u793a\uff0c\u622a\u81f32019\u5e74\u5e95\uff0c\u5883\u5185\u5e76\u8d2d\u8d37\u6b3e\u4f59\u989d\u4e3a1.2\u4e07\u4ebf\u5143\u4eba\u6c11\u5e01\uff0c\u8f832014\u5e74\u76844140\u4ebf\u5143\u4eba\u6c11\u5e01\u6709\u663e\u8457\u589e\u52a0\u3002 \u57fa\u4e8e\u4e0a\u8ff0\u539f\u56e0\uff0c\u63a7\u80a1\u578b\u4ea4\u6613\u6beb\u4e0d\u610f\u5916\u5730\u5728\u4e2d\u56fd\u65e5\u76ca\u76db\u884c\u3002\u4ea4\u6613\u603b\u989d\u4ece2016\u5e74\u768474\u4ebf\u7f8e\u5143\u589e\u81f32019\u5e74\u7684147\u4ebf\u7f8e\u5143\uff0c\u5360\u79c1\u52df\u80a1\u6743\u4ea4\u6613\u603b\u989d\u7684\u8fd1\u4e94\u5206\u4e4b\u4e00\u3002\u65b0\u51a0\u80ba\u708e\u75ab\u60c5\u8fdb\u4e00\u6b65\u51f8\u663e\u4e86\u63a7\u80a1\u578b\u4ea4\u6613\u7b56\u7565\u7684\u72ec\u7279\u4f18\u52bf\uff0c\u8be5\u7b56\u7565\u901a\u8fc7\u6301\u7eed\u6539\u5584\u4f01\u4e1a\u8fd0\u8425\u3001\u4f18\u5316\u4ea4\u6613\u7ed3\u6784\u4ee5\u66f4\u597d\u5730\u62b5\u5fa1\u51b2\u51fb\u548c\u98ce\u9669\u3001\u66f4\u597d\u5730\u628a\u63a7\u6295\u8d44\u9000\u51fa\u65f6\u673a\u548c\u65b9\u5f0f\uff0c\u4e3a\u4f01\u4e1a\u5e26\u6765\u589e\u503c\u3002\u65e0\u8bba\u672a\u6765\u5982\u4f55\uff0c\u6211\u90fd\u6df1\u4fe1\u968f\u7740\u4e2d\u56fd\u7ecf\u6d4e\u5728\u75ab\u60c5\u540e\u5feb\u901f\u590d\u82cf\uff0c\u63a7\u80a1\u578b\u4ea4\u6613\u7b56\u7565\u51ed\u501f\u5176\u72ec\u7279\u7684\u4f18\u52bf\uff0c\u5fc5\u5c06\u5728\u4e2d\u56fd\u84ec\u52c3\u53d1\u5c55\u3002<\/p>\n\t\t<\/div>\n\t\t\n\t\t<a class=\"elementor-post__read-more\" href=\"https:\/\/www.nexuspoint.com\/zh-hans\/npinsights\/%e6%8e%a7%e8%82%a1%e5%9e%8b%e4%ba%a4%e6%98%93%e5%9c%a8%e4%b8%ad%e5%9b%bd%e7%a7%81%e5%8b%9f%e8%82%a1%e6%9d%83%e5%b8%82%e5%9c%ba%e5%85%b4%e8%b5%b7%e7%9a%84%e4%b8%89%e5%a4%a7%e5%8e%9f%e5%9b%a0\/\" >\n\t\t\tRead More \u00bb\t\t<\/a>\n\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-post__meta-data\">\n\t\t\t\t\t<span class=\"elementor-post-author\">\n\t\t\tKC Kung\t\t<\/span>\n\t\t\t\t<span class=\"elementor-post-date\">\n\t\t\tOctober 27, 2020\t\t<\/span>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/article>\n\t\t\t\t<\/div>\n\t\t\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-23e6b45 elementor-widget elementor-widget-spacer\" data-id=\"23e6b45\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-bfdb7a0 elementor-widget elementor-widget-spacer\" data-id=\"bfdb7a0\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>\u4eca\u7fca\u89c2\u70b9<\/p>\n","protected":false},"author":5,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"elementor_header_footer","meta":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.13 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Insights Page - Nexus Point<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.nexuspoint.com\/zh-hans\/insights-page\/\" \/>\n<meta property=\"og:locale\" content=\"zh_CN\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Insights Page - Nexus Point\" \/>\n<meta property=\"og:description\" content=\"\u4eca\u7fca\u89c2\u70b9\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.nexuspoint.com\/zh-hans\/insights-page\/\" \/>\n<meta property=\"og:site_name\" content=\"Nexus Point\" \/>\n<meta property=\"article:modified_time\" content=\"2022-05-08T23:25:47+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" 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