然而，总有巨头能打破常规。在普遍受“分母”影响的背景下，千亿元研发投入的华为，研发强度达到20.85%，位列5896家有效企业的前9%。当企业将研发作为核心竞争力而非成本项时，有望跳出规模与创新的博弈，实现“研发强度与营收规模双高”的罕见平衡。
Global news & analysis
，详情可参考旺商聊官方下载
The reshuffle comes at a critical juncture for LVMH in China. In its full-year 2025 results, the group reported revenue of 80.81 billion euros, down 4.6% year on year. Recurring operating profit fell 9% to 17.76 billion euros, while net profit declined 13% to 10.88 billion euros.
Resident doctors represent nearly half the medical workforce and range from doctors fresh out of university through to those with up to a decade of experience.，更多细节参见heLLoword翻译官方下载
Which ebooks are free? Indulge in the Darkness offers free dark romance books from a number of sub-genres. Fortunately, The Book Club Fest has created a helpful hub page with links to everything on offer:，更多细节参见91视频
�@�u�ŏI�I�ɁA�l�I�N���E�h���f���̒����I�Ȏ����\���́A���炩�̌`�ő����Ƃɍ̗p�����邩�ǂ����ɂ������Ă����v�i�T�`�f�o���j