{"id":212144,"date":"2026-08-12T20:28:39","date_gmt":"2026-08-12T12:28:39","guid":{"rendered":"http:\/\/www.htt.hk\/?p=212144"},"modified":"2026-08-12T20:28:39","modified_gmt":"2026-08-12T12:28:39","slug":"on%e6%98%82%e8%b7%91%e4%ba%a4%e5%87%ba%e4%ba%ae%e7%9c%bc%e7%9a%84%e4%b8%8a%e5%8d%8a%e5%b9%b4%e6%88%90%e7%bb%a9%e5%8d%95%ef%bc%8c%e8%82%a1%e4%bb%b7%e5%8d%b4%e4%b8%80%e6%97%a5%e4%b8%8b%e6%bb%9120-3","status":"publish","type":"post","link":"http:\/\/www.htt.hk\/?p=212144","title":{"rendered":"On\u6602\u8dd1\u4ea4\u51fa\u4eae\u773c\u7684\u4e0a\u534a\u5e74\u6210\u7ee9\u5355\uff0c\u80a1\u4ef7\u5374\u4e00\u65e5\u4e0b\u6ed120.3%"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">8\u670811\u65e5\uff0c\u745e\u58eb\u8fd0\u52a8\u670d\u9970\u516c\u53f8&nbsp;<strong>On Holding AG\uff08\u6602\u8dd1\uff09<\/strong>\u516c\u5e03\u4e86<strong>\u622a\u81f36\u670830\u65e5\u76842026\u8d22\u5e74\u7b2c\u4e8c\u5b63\u5ea6\u548c\u4e0a\u534a\u5e74<\/strong>\u4e1a\u7ee9\u6570\u636e\uff1a<strong>\u7b2c\u4e8c\u5b63\u5ea6\u51c0\u9500\u552e\u989d\u540c\u6bd4\u589e\u957f13.5%\u81f38.503\u4ebf\u745e\u58eb\u6cd5\u90ce<\/strong>\uff08\u7ea6\u5408\u4eba\u6c11\u5e0170\u4ebf\u5143\uff09\uff0c<strong>\u6309\u56fa\u5b9a\u6c47\u7387\u8ba1\u7b97\u540c\u6bd4\u589e\u957f21.6%<\/strong>\u3002<strong>\u4e0a\u534a\u5e74\u51c0\u9500\u552e\u989d\u540c\u6bd4\u589e\u957f14%\u81f316.822\u4ebf\u745e\u58eb\u6cd5\u90ce<\/strong>\uff08\u7ea6\u5408\u4eba\u6c11\u5e01139\u4ebf\u5143\uff09\uff0c\u6309<strong>\u56fa\u5b9a\u6c47\u7387\u8ba1\u7b97\u540c\u6bd4\u589e\u957f24%<\/strong>\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>\u4e9a\u592a\u5730\u533a\u9886\u8dd1\u5404\u533a\u57df\u589e\u957f\uff0c\u7b2c\u4e8c\u5b63\u5ea6\u51c0\u9500\u552e\u989d\u540c\u6bd4\u589e\u957f43.1%\u81f31.705\u4ebf\u745e\u58eb\u6cd5\u90ce\uff0c\u6309\u56fa\u5b9a\u6c47\u7387\u8ba1\u7b97\u589e\u957f54.7%<\/strong>\uff0c\u5e02\u573a\u89c4\u6a21\u518d\u5ea6\u5360\u5168\u7403\u603b\u51c0\u9500\u552e\u989d\u768420%\u4ee5\u4e0a\uff0c\u4e3b\u8981\u53d7<strong>\u65e5\u672c\u3001\u97e9\u56fd\u53ca\u5927\u4e2d\u534e\u533a\u5e02\u573a\u7684\u7a81\u51fa\u52bf\u5934\u9a71\u52a8<\/strong>\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u622a\u81f38\u670811\u65e5\u7f8e\u56fd\u80a1\u5e02\u6536\u76d8\uff0c<strong>On\u6602\u8dd1\u7684\u80a1\u4ef7\u8f83\u524d\u4e00\u4ea4\u6613\u65e5\u4e0b\u8dcc20.29%\u81f330.91\u7f8e\u5143\/\u80a1\uff0c\u4eca\u5e74\u4ee5\u6765\u80a1\u4ef7\u7d2f\u8ba1\u4e0b\u6ed1\u7ea634%\uff0c\u5f53\u524d\u5e02\u503c\u7ea6\u4e3a102\u4ebf\u7f8e\u5143\u3002<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4e1a\u5185\u5206\u6790\u80a1\u4ef7\u5927\u8dcc\u7684\u539f\u56e0\u5728\u4e8e\uff0c<strong>\u7b2c\u4e8c\u5b63\u5ea6\u9500\u552e\u4e1a\u7ee9\u4f4e\u4e8e\u5206\u6790\u5e08\u5e73\u5747\u9884\u671f\u76848.814\u4ebf\u745e\u58eb\u6cd5\u90ce<\/strong>\u3002\u5728\u7f8e\u56fd\u5e02\u573a\u4fc3\u9500\u6c1b\u56f4\u6d53\u539a\u7684\u73af\u5883\u4e0b\uff0cOn\u6602\u8dd1\u4e3a\u8fce\u63a5\u4ea7\u54c1\u8fed\u4ee3\u66f4\u65b0\uff0c\u9009\u62e9\u4e0d\u4e3a\u65e7\u6b3e\u978b\u5c65\u6253\u6298\u3002<strong>\u540c\u65f6\u5bf9\u5168\u5e74\u9884\u671f\u66f4\u4e3a\u8c28\u614e<\/strong>\uff0c<strong>\u5168\u5e74\u9500\u552e\u989d\u76ee\u6807\u5c0f\u5e45\u4e0b\u8c03\u81f320%\u4f4e\u4f4d\u533a\u95f4\uff0c\u6b64\u524d\u7684\u76ee\u6807\u4e3a\u81f3\u5c1123%\u7684\u589e\u901f<\/strong>\u3002<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><img decoding=\"async\" src=\"https:\/\/image.luxe.co\/wp-content\/uploads\/2026\/08\/AI-SEARCH-ss26-trade_assets-pr-m.jpg\" alt=\"\" class=\"wp-image-478120\"\/><\/figure>\n<\/div>\n\n\n<p class=\"wp-block-paragraph\">\u4e0a\u534a\u5e74\u7684\u589e\u957f\u4e3b\u8981\u7531\u76f4\u8425\uff08DTC\uff09\u6e20\u9053\u7684\u51fa\u8272\u8868\u73b0\u9a71\u52a8\uff0c\u8be5\u6e20\u9053\u7b2c\u4e8c\u5b63\u5ea6\u9500\u552e\u989d\u540c\u6bd4\u589e\u957f26%\u81f33.884\u4ebf\u745e\u58eb\u6cd5\u90ce\uff0c<strong>\u6309\u56fa\u5b9a\u6c47\u7387\u8ba1\u7b97\u589e\u957f34.3%<\/strong>\uff0c\u4e14\u6240\u6709\u5730\u533a\u8868\u73b0\u5747\u8d85\u51fa\u9884\u671f\u3002<strong>\u76f4\u8425\u6e20\u9053\u5360\u603b\u51c0\u9500\u552e\u989d\u6bd4\u91cd\u521b\u4e0b\u7b2c\u4e8c\u5b63\u5ea6\u65b0\u9ad8\uff0c\u8fbe\u523045.7%<\/strong>\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">On\u6602\u8dd1\u672c\u8d22\u5b63\u518d\u5ea6\u5c55\u73b0\u51fa\u8272\u7684\u76c8\u5229\u80fd\u529b\uff0c\u4e3b\u8981\u7531\u4e8e<strong>\u76f4\u8425\u6e20\u9053\u5360\u6bd4\u5927\u5e45\u63d0\u5347<\/strong>\u3001<strong>\u53ef\u6301\u7eed\u7684\u8fd0\u8425\u6548\u7387<\/strong>\uff0c\u4ee5\u53ca<strong>\u5bf9\u5168\u4ef7\u9500\u552e\u7b56\u7565\u7684\u575a\u5b9a\u6267\u884c<\/strong>\u3002\u7b2c\u4e8c\u5b63\u5ea6\u51c0\u5229\u6da6\u540c\u6bd4\u589e\u957f356.5%\u81f31.05\u4ebf\u745e\u58eb\u6cd5\u90ce\uff0c<strong>\u4e0a\u534a\u5e74\u51c0\u5229\u6da6\u540c\u6bd4\u5927\u6da81221.5%\u81f32.083\u4ebf\u745e\u58eb\u6cd5\u90ce<\/strong>\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">On\u6602\u8dd1\u521b\u59cb\u4eba\u517c\u8054\u5408 CEO&nbsp;<strong>David Allemann<\/strong>&nbsp;\u8868\u793a\uff1a\u201c\u6211\u4eec\u8bc1\u660e\u4e86\u54c1\u724c\u53ef\u4ee5\u5728<strong>\u4e0d\u727a\u7272\u9ad8\u7aef\u5b9a\u4f4d\u7684\u540c\u65f6\u5b9e\u73b0\u5168\u7403\u5316\u89c4\u6a21\u6269\u5f20<\/strong>\u3002\u7b2c\u4e8c\u5b63\u5ea6\u4e1a\u7ee9\u5370\u8bc1\u4e86\u8fd9\u5957\u7ecf\u8425\u539f\u5219\uff1a\u5168\u7403\u51c0\u9500\u552e\u989d\u5f3a\u52b2\u589e\u957f\uff0c\u81ea\u6709\u6e20\u9053\u89c4\u6a21\u663e\u8457\u6269\u5f20\uff0c\u6bdb\u5229\u7387\u8868\u73b0\u51fa\u4f17\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8fd9\u79cd\u8d22\u52a1\u5b9e\u529b\u4f7f\u6211\u4eec\u53ef\u4ee5\u6301\u7eed\u6295\u5165\u63a8\u52a8\u957f\u671f\u6210\u529f\u7684\u5173\u952e\u8981\u7d20\uff1a\u771f\u5b9e\u7684\u54c1\u724c\u8054\u7ed3\u3001\u9ad8\u7aef\u5ba2\u6237\u4f53\u9a8c\uff0c\u4ee5\u53ca\u6700\u91cd\u8981\u7684\u2014\u2014\u6301\u7eed\u7684\u6027\u80fd\u521b\u65b0\u3002\u6211\u4eec\u7531\u521b\u59cb\u4eba\u4e3b\u5bfc\uff0c\u5728\u6253\u9020\u672a\u6765\u6570\u5341\u5e74\u6700\u9ad8\u7aef\u7684\u5168\u7403\u8fd0\u52a8\u54c1\u724c\u7684\u8fc7\u7a0b\u4e2d\uff0c\u59cb\u7ec8\u4e13\u6ce8\u4e8e\u505a\u51fa\u6b63\u786e\u7684\u51b3\u7b56\uff0c\u5b9e\u73b0\u6301\u7eed\u589e\u957f\u7684\u8d22\u52a1\u8868\u73b0\u3002\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">On\u6602\u8dd1\u6301\u7eed\u62d3\u5c55\u9ad8\u76c8\u5229\u7684\u9ad8\u7aef\u54c1\u724c\u4e2d\u5fc3\u5168\u7403\u7f51\u7edc\uff0c\u81ea\u8425\u96f6\u552e\u95e8\u5e97\u5728\u9ad8\u57fa\u6570\u57fa\u7840\u4e0a\uff0c\u591a\u9879\u6838\u5fc3\u6307\u6807\u7ee7\u7eed\u8d70\u9ad8\u3002\u8fd1\u51e0\u5468\uff0cOn\u6602\u8dd1\u5206\u522b\u5728\u5723\u4fdd\u7f57\u3001\u54e5\u672c\u54c8\u6839\u5f00\u51fa\u54c1\u724c\u5728\u5f53\u5730\u7684\u9996\u6279\u95e8\u5e97\u3002<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><img decoding=\"async\" src=\"https:\/\/image.luxe.co\/wp-content\/uploads\/2026\/08\/ON-CPH-PhotoMikaelOlsson_01.jpg\" alt=\"\" class=\"wp-image-478119\"\/><\/figure>\n<\/div>\n\n\n<p class=\"wp-block-paragraph\">On\u6602\u8dd1\u8fdb\u4e00\u6b65\u5f3a\u5316\u81ea\u8eab\u878d\u5408\u6027\u80fd\u3001\u8bbe\u8ba1\u4e0e\u6587\u5316\u7684\u5e02\u573a\u5730\u4f4d\u3002\u5728\u9996\u5c4a\u8dd1\u6b65\u5cf0\u4f1a\u4e2d\uff0cOn\u6602\u8dd1\u53d1\u5e03\u65b0\u4e00\u4ee3\u4e13\u4e1a\u8dd1\u6b65\u4ea7\u54c1\uff0c\u5c06\u4e8e2026\u5e74\u4e0b\u534a\u5e74\u81f32027\u5e74\u6b63\u5f0f\u4e0a\u5e02\uff0c\u5176\u4e2d\u5305\u542b\u8fd1\u671f\u63a8\u51fa\u7684\u7b2c\u4e8c\u4ee3\u9a6c\u62c9\u677e\u7ade\u901f\u8dd1\u978bCloudboom Strike 2\uff0c\u4ee5\u53ca\u5168\u65b0 SURREAL \u8d85\u7ea7\u6ce1\u68c9\uff0c\u4eca\u5e74\u665a\u4e9b\u65f6\u5019\u53d1\u5e03\u7684 Cloudsurfer 3 \u5c06\u642d\u8f7d\u8be5\u6750\u6599\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u978b\u9762\u201c\u55b7\u7ec7\u201d\u6280\u672f LightSpray \u8fdb\u4e00\u6b65\u4ece\u7cbe\u82f1\u8fd0\u52a8\u5458\u9a8c\u8bc1\u9636\u6bb5\u8d70\u5411\u5546\u4e1a\u5316\uff0c\u5e76\u5c06\u5e94\u7528\u5230\u66f4\u591a\u6838\u5fc3\u4ea7\u54c1\u7cfb\u5217\u4e2d\u3002\u4e0e\u6b64\u540c\u65f6\uff0c\u54c1\u724c\u4e0e\u65b0\u4e00\u4ee3\u6d88\u8d39\u8005\u7684\u8054\u7ed3\u52a0\u6df1\uff1a\u54c1\u724c\u5168\u7403\u8ba4\u77e5\u5ea6\u6500\u5347\u81f330%\uff0c34\u5c81\u4ee5\u4e0b\u6d88\u8d39\u8005\u5360\u6d88\u8d39\u8005\u603b\u6570\u7684\u4e09\u5206\u4e4b\u4e00\u4ee5\u4e0a\uff0cCloudtilt \u7cfb\u5217\u5c24\u5176\u53d7\u5230\u8be5\u7fa4\u4f53\u559c\u7231\u3002<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><img decoding=\"async\" src=\"https:\/\/image.luxe.co\/wp-content\/uploads\/2026\/08\/fw26-lightspray-pr-product_still.jpg\" alt=\"\" class=\"wp-image-478115\"\/><\/figure>\n<\/div>\n\n\n<p class=\"wp-block-paragraph\"><strong>\u622a\u81f36\u670830\u65e5\u76842026\u8d22\u5e74\u7b2c\u4e8c\u5b63\u5ea6\u5173\u952e\u4e1a\u7ee9\u6570\u636e\uff1a<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\u51c0\u9500\u552e\u989d\u540c\u6bd4\u589e\u957f13.5%\u81f38.503\u4ebf\u745e\u58eb\u6cd5\u90ce\uff0c\u6309\u56fa\u5b9a\u6c47\u7387\u8ba1\u7b97\u540c\u6bd4\u589e\u957f21.6%<\/li>\n\n\n\n<li>\u6bdb\u5229\u6da6\u589e\u957f20.6%\u81f35.557\u4ebf\u745e\u58eb\u6cd5\u90ce\uff1b\u6bdb\u5229\u7387\u8fbe\u523065.4%\uff0c\u540c\u6bd4\u63d0\u53473.9\u4e2a\u767e\u5206\u70b9\uff1b<\/li>\n\n\n\n<li>\u8c03\u6574\u540e EBITDA\uff08\u606f\u7a0e\u6298\u65e7\u53ca\u644a\u9500\u524d\u5229\u6da6\uff09\u540c\u6bd4\u589e\u957f23.5%\u81f31.681\u4ebf\u745e\u58eb\u6cd5\u90ce\uff0c\u8c03\u6574\u540eEBITDA \u5229\u6da6\u7387\u753118.2%\u63d0\u5347\u81f319.8%\uff1b<\/li>\n\n\n\n<li>\u51c0\u5229\u6da6\u540c\u6bd4\u589e\u957f356.5%\u81f31.05\u4ebf\u745e\u58eb\u6cd5\u90ce\uff0c\u51c0\u5229\u6da6\u7387\u7531\u20115.5%\u63d0\u5347\u81f312.3%\u3002<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>\u622a\u81f36\u670830\u65e5\u76842026\u8d22\u5e74\u4e0a\u534a\u5e74\u5173\u952e\u4e1a\u7ee9\u6570\u636e\uff1a<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\u51c0\u9500\u552e\u989d\u540c\u6bd4\u589e\u957f14%\u81f316.822\u4ebf\u745e\u58eb\u6cd5\u90ce\uff0c\u6309\u56fa\u5b9a\u6c47\u7387\u8ba1\u7b97\u540c\u6bd4\u589e\u957f24%\uff1b<\/li>\n\n\n\n<li>\u6bdb\u5229\u6da6\u589e\u957f21.6%\u81f310.9\u4ebf\u745e\u58eb\u6cd5\u90ce\uff1b\u6bdb\u5229\u7387\u753160.7%\u63d0\u5347\u81f364.8%\uff1b<\/li>\n\n\n\n<li>\u8c03\u6574\u540e EBITDA \u589e\u957f33.7%\u81f33.423\u4ebf\u745e\u58eb\u6cd5\u90ce\uff0c\u8c03\u6574\u540e EBITDA \u5229\u6da6\u7387\u753117.4%\u63d0\u5347\u81f320.3%\uff1b<\/li>\n\n\n\n<li>\u51c0\u5229\u6da6\u589e\u957f1221.5%\u81f32.083\u4ebf\u745e\u58eb\u6cd5\u90ce\uff0c\u51c0\u5229\u6da6\u7387\u75311.1%\u63d0\u5347\u81f312.4%\u3002<\/li>\n<\/ul>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><img decoding=\"async\" src=\"https:\/\/image.luxe.co\/wp-content\/uploads\/2026\/08\/output.auto_.jpg\" alt=\"\" class=\"wp-image-478116\"\/><\/figure>\n<\/div>\n\n\n<p class=\"wp-block-paragraph\"><strong>\u6309\u6e20\u9053\u770b\uff1a<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>DTC \u6e20\u9053\uff1a<\/strong>\u7b2c\u4e8c\u5b63\u5ea6\u51c0\u9500\u552e\u989d\u540c\u6bd4\u589e\u957f26%\u81f33.884\u4ebf\u745e\u58eb\u6cd5\u90ce\uff08\u6309\u56fa\u5b9a\u6c47\u7387\u8ba1+34.3%\uff09\uff1b\u4e0a\u534a\u5e74\u51c0\u9500\u552e\u989d\u540c\u6bd4\u589e\u957f21.4%\u81f37.107\u4ebf\u745e\u58eb\u6cd5\u90ce\uff08\u6309\u56fa\u5b9a\u6c47\u7387\u8ba1+31.6%\uff09\uff1b<\/li>\n\n\n\n<li><strong>\u6279\u53d1\u6e20\u9053\uff1a<\/strong>\u7b2c\u4e8c\u5b63\u5ea6\u51c0\u9500\u552e\u989d\u540c\u6bd4\u589e\u957f4.8%\u81f34.619\u4ebf\u745e\u58eb\u6cd5\u90ce\uff08\u6309\u56fa\u5b9a\u6c47\u7387\u8ba1+12.7%\uff09\uff1b\u4e0a\u534a\u5e74\u51c0\u9500\u552e\u989d\u540c\u6bd4\u589e\u957f9.1%\u81f39.715\u4ebf\u745e\u58eb\u6cd5\u90ce\uff08\u6309\u56fa\u5b9a\u6c47\u7387\u8ba1+19%\uff09\u3002<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>\u6309\u5e02\u573a\u770b\uff1a<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>\u6b27\u6d32\u4e2d\u4e1c\u975e\u6d32\uff08EMEA\uff09\u5e02\u573a<\/strong>\uff1a\u7b2c\u4e8c\u5b63\u5ea6\u51c0\u9500\u552e\u540c\u6bd4\u589e\u957f15.4%\u81f32.282\u4ebf\u745e\u58eb\u6cd5\u90ce\uff08\u6309\u56fa\u5b9a\u6c47\u7387\u8ba1+20.5%\uff09\uff1b\u4e0a\u534a\u5e74\u51c0\u9500\u552e\u989d\u540c\u6bd4\u589e\u957f18.8%\u81f34.354\u4ebf\u745e\u58eb\u6cd5\u90ce\uff08\u6309\u56fa\u5b9a\u6c47\u7387\u8ba1+22.8%\uff09\uff1b<\/li>\n\n\n\n<li><strong>\u7f8e\u6d32\u5e02\u573a<\/strong>\uff1a\u7b2c\u4e8c\u5b63\u5ea6\u51c0\u9500\u552e\u989d\u540c\u6bd4\u589e\u957f4.5%\u81f34.516\u4ebf\u745e\u58eb\u6cd5\u90ce\uff08\u6309\u56fa\u5b9a\u6c47\u7387\u8ba1+13%\uff09\uff1b\u4e0a\u534a\u5e74\u51c0\u9500\u552e\u989d\u540c\u6bd4\u589e\u957f3.8%\u81f39.023\u4ebf\u745e\u58eb\u6cd5\u90ce\uff08\u6309\u56fa\u5b9a\u6c47\u7387\u8ba1+15%\uff09\uff1b<\/li>\n\n\n\n<li><strong>\u4e9a\u592a\u5e02\u573a<\/strong>\uff1a\u7b2c\u4e8c\u5b63\u5ea6\u51c0\u9500\u552e\u989d\u540c\u6bd4\u589e\u957f43.1%\u81f31.705\u4ebf\u745e\u58eb\u6cd5\u90ce\uff08\u6309\u56fa\u5b9a\u6c47\u7387\u8ba1+54.7%\uff09\uff1b\u4e0a\u534a\u5e74\u51c0\u9500\u552e\u989d\u540c\u6bd4\u589e\u957f43.7%\u81f33.445\u4ebf\u745e\u58eb\u6cd5\u90ce\uff08\u6309\u56fa\u5b9a\u6c47\u7387\u8ba1+58.1%\uff09\u3002<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>\u6309\u4ea7\u54c1\u54c1\u7c7b\u770b\uff1a<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>\u978b\u7c7b\uff1a<\/strong>\u7b2c\u4e8c\u5b63\u5ea6\u51c0\u9500\u552e\u989d\u540c\u6bd4\u589e\u957f10.9%\u81f37.816\u4ebf\u745e\u58eb\u6cd5\u90ce\uff08\u6309\u56fa\u5b9a\u6c47\u7387\u8ba1+18.9%\uff09\uff1b\u4e0a\u534a\u5e74\u51c0\u9500\u552e\u989d\u540c\u6bd4\u589e\u957f11.5%\u81f315.453\u4ebf\u745e\u58eb\u6cd5\u90ce\uff08\u6309\u56fa\u5b9a\u6c47\u7387\u8ba1+21.4%\uff09\uff1b<\/li>\n\n\n\n<li><strong>\u670d\u9970\uff1a<\/strong>\u7b2c\u4e8c\u5b63\u5ea6\u51c0\u9500\u552e\u989d\u540c\u6bd4\u589e\u957f47.7%\u81f35420\u4e07\u745e\u58eb\u6cd5\u90ce\uff08\u6309\u56fa\u5b9a\u6c47\u7387\u8ba1+56.2%\uff09\uff1b\u4e0a\u534a\u5e74\u51c0\u9500\u552e\u989d\u540c\u6bd4\u589e\u957f46.4%\u81f31.095\u4ebf\u745e\u58eb\u6cd5\u90ce\uff08\u6309\u56fa\u5b9a\u6c47\u7387\u8ba1+56.9%\uff09\uff1b<\/li>\n\n\n\n<li><strong>\u914d\u9970\uff1a<\/strong>\u7b2c\u4e8c\u5b63\u5ea6\u51c0\u9500\u552e\u989d\u540c\u6bd4\u589e\u957f88.3%\u81f31450\u4e07\u745e\u58eb\u6cd5\u90ce\uff08\u6309\u56fa\u5b9a\u6c47\u7387\u8ba1+102.2%\uff09\uff1b\u4e0a\u534a\u5e74\u51c0\u9500\u552e\u989d\u540c\u6bd4\u589e\u957f80.3%\u81f32740\u4e07\u745e\u58eb\u6cd5\u90ce\uff08\u6309\u56fa\u5b9a\u6c47\u7387\u8ba1+94.4%\uff09\u3002<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>2026\u8d22\u5e74\u5168\u5e74\u4e1a\u7ee9\u9884\u671f\uff1a<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\u5168\u5e74\u51c0\u9500\u552e\u989d\u589e\u901f\u6309\u56fa\u5b9a\u6c47\u7387\u8ba1\u7b97\u9884\u8ba1\u5904\u4e8e20%\u4f4e\u4f4d\u533a\u95f4\uff1b<\/li>\n\n\n\n<li>\u4e0a\u8c03\u5168\u5e74\u6bdb\u5229\u7387\u9884\u671f\uff0c\u76ee\u6807\u81f3\u5c11\u8fbe\u523065%\uff1b<\/li>\n\n\n\n<li>\u7ef4\u6301\u8c03\u6574\u540e EBITDA \u5229\u6da6\u7387\u6307\u5f15\u4e3a19.5%\u201120%\u4e0d\u53d8\u3002<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">\u6ce8\uff1a1\u745e\u58eb\u6cd5\u90ce \u2248 8.3\u4eba\u6c11\u5e01<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>8\u670811\u65e5\uff0c\u745e\u58eb\u8fd0\u52a8\u670d\u9970\u516c\u53f8&nbsp;On Holding AG\uff08\u6602\u8dd1\uff09\u516c\u5e03\u4e86\u622a\u81f36\u670830\u65e5\u76842026\u8d22\u5e74\u7b2c [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":212145,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":["post-212144","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-qyzx"],"_links":{"self":[{"href":"http:\/\/www.htt.hk\/index.php?rest_route=\/wp\/v2\/posts\/212144","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.htt.hk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.htt.hk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.htt.hk\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"http:\/\/www.htt.hk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=212144"}],"version-history":[{"count":1,"href":"http:\/\/www.htt.hk\/index.php?rest_route=\/wp\/v2\/posts\/212144\/revisions"}],"predecessor-version":[{"id":212146,"href":"http:\/\/www.htt.hk\/index.php?rest_route=\/wp\/v2\/posts\/212144\/revisions\/212146"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.htt.hk\/index.php?rest_route=\/wp\/v2\/media\/212145"}],"wp:attachment":[{"href":"http:\/\/www.htt.hk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=212144"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.htt.hk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=212144"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.htt.hk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=212144"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}