{"id":74396,"date":"2025-12-06T23:56:00","date_gmt":"2025-12-06T15:56:00","guid":{"rendered":"https:\/\/www.granitefirm.com\/blog\/?p=74396"},"modified":"2026-03-07T11:14:09","modified_gmt":"2026-03-07T03:14:09","slug":"%e5%87%b1%e9%9b%b7%e5%a6%82%e4%bd%95%e8%b3%ba%e9%8c%a2carlyle","status":"publish","type":"post","link":"https:\/\/www.granitefirm.com\/blog\/blog\/2025\/12\/06\/%e5%87%b1%e9%9b%b7%e5%a6%82%e4%bd%95%e8%b3%ba%e9%8c%a2carlyle\/","title":{"rendered":"\u51f1\u96f7\u5982\u4f55\u8cfa\u9322\uff08Carlyle Group\uff09?"},"content":{"rendered":"\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"\u986f\u793a\/\u96b1\u85cf\u5167\u5bb9\u76ee\u9304\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #ffffff;color:#ffffff\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #ffffff;color:#ffffff\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2025\/12\/06\/%e5%87%b1%e9%9b%b7%e5%a6%82%e4%bd%95%e8%b3%ba%e9%8c%a2carlyle\/#%E5%85%AC%E5%8F%B8%E7%B0%A1%E4%BB%8B\" >\u516c\u53f8\u7c21\u4ecb<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2025\/12\/06\/%e5%87%b1%e9%9b%b7%e5%a6%82%e4%bd%95%e8%b3%ba%e9%8c%a2carlyle\/#%E5%89%B5%E7%AB%8B\" >\u5275\u7acb<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2025\/12\/06\/%e5%87%b1%e9%9b%b7%e5%a6%82%e4%bd%95%e8%b3%ba%e9%8c%a2carlyle\/#%E4%BC%81%E6%A5%AD%E7%B5%84%E7%B9%94\" >\u4f01\u696d\u7d44\u7e54<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2025\/12\/06\/%e5%87%b1%e9%9b%b7%e5%a6%82%e4%bd%95%e8%b3%ba%e9%8c%a2carlyle\/#%E6%8A%95%E8%B3%87%E7%9A%84%E4%B8%BB%E8%A6%81%E7%94%A2%E6%A5%AD\" >\u6295\u8cc7\u7684\u4e3b\u8981\u7522\u696d<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2025\/12\/06\/%e5%87%b1%e9%9b%b7%e5%a6%82%e4%bd%95%e8%b3%ba%e9%8c%a2carlyle\/#%E6%94%BF%E5%95%86%E4%BA%BA%E8%84%88%E8%B1%90%E5%AF%8C\" >\u653f\u5546\u4eba\u8108\u8c50\u5bcc<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2025\/12\/06\/%e5%87%b1%e9%9b%b7%e5%a6%82%e4%bd%95%e8%b3%ba%e9%8c%a2carlyle\/#%E9%A6%96%E6%AC%A1%E5%85%AC%E9%96%8B%E7%99%BC%E8%A1%8C\" >\u9996\u6b21\u516c\u958b\u767c\u884c<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2025\/12\/06\/%e5%87%b1%e9%9b%b7%e5%a6%82%e4%bd%95%e8%b3%ba%e9%8c%a2carlyle\/#%E5%9C%A8%E4%B8%AD%E5%9C%8B%E5%92%8C%E5%8F%B0%E7%81%A3%E7%9A%84%E6%8A%95%E8%B3%87%E5%8F%B2\" >\u5728\u4e2d\u570b\u548c\u53f0\u7063\u7684\u6295\u8cc7\u53f2<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2025\/12\/06\/%e5%87%b1%e9%9b%b7%e5%a6%82%e4%bd%95%e8%b3%ba%e9%8c%a2carlyle\/#%E7%87%9F%E9%81%8B%E8%A1%A8%E7%8F%BE\" >\u71df\u904b\u8868\u73fe<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2025\/12\/06\/%e5%87%b1%e9%9b%b7%e5%a6%82%e4%bd%95%e8%b3%ba%e9%8c%a2carlyle\/#%E7%87%9F%E9%81%8B%E7%8F%BE%E6%B3%81\" >\u71df\u904b\u73fe\u6cc1<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2025\/12\/06\/%e5%87%b1%e9%9b%b7%e5%a6%82%e4%bd%95%e8%b3%ba%e9%8c%a2carlyle\/#2025%E5%B9%B4%E7%AC%AC%E4%B8%80%E5%AD%A3%E8%B2%A1%E5%A0%B1\" >2025\u5e74\u7b2c\u4e00\u5b63\u8ca1\u5831<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2025\/12\/06\/%e5%87%b1%e9%9b%b7%e5%a6%82%e4%bd%95%e8%b3%ba%e9%8c%a2carlyle\/#%E8%B3%87%E6%9C%AC%E5%B8%82%E5%A0%B4%E7%9A%84%E8%A1%A8%E7%8F%BE\" >\u8cc7\u672c\u5e02\u5834\u7684\u8868\u73fe<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2025\/12\/06\/%e5%87%b1%e9%9b%b7%e5%a6%82%e4%bd%95%e8%b3%ba%e9%8c%a2carlyle\/#%E5%B8%82%E5%A0%B4%E4%BC%B0%E5%80%BC\" >\u5e02\u5834\u4f30\u503c<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2025\/12\/06\/%e5%87%b1%e9%9b%b7%e5%a6%82%e4%bd%95%e8%b3%ba%e9%8c%a2carlyle\/#%E8%82%A1%E5%88%A9\" >\u80a1\u5229<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2025\/12\/06\/%e5%87%b1%e9%9b%b7%e5%a6%82%e4%bd%95%e8%b3%ba%e9%8c%a2carlyle\/#%E8%82%A1%E5%83%B9%E8%A1%A8%E7%8F%BE\" >\u80a1\u50f9\u8868\u73fe<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2025\/12\/06\/%e5%87%b1%e9%9b%b7%e5%a6%82%e4%bd%95%e8%b3%ba%e9%8c%a2carlyle\/#%E5%92%8C%E5%87%B1%E9%9B%B7%E6%9C%89%E9%97%9C%E7%9A%84%E6%9B%B8%E7%B1%8D\" >\u548c\u51f1\u96f7\u6709\u95dc\u7684\u66f8\u7c4d<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2025\/12\/06\/%e5%87%b1%e9%9b%b7%e5%a6%82%e4%bd%95%e8%b3%ba%e9%8c%a2carlyle\/#%E7%9B%B8%E9%97%9C%E6%96%87%E7%AB%A0\" >\u76f8\u95dc\u6587\u7ae0<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%E5%85%AC%E5%8F%B8%E7%B0%A1%E4%BB%8B\"><\/span>\u516c\u53f8\u7c21\u4ecb<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%E5%89%B5%E7%AB%8B\"><\/span>\u5275\u7acb<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p><a href=\"https:\/\/www.carlyle.com\/\" target=\"_blank\" rel=\"noopener\">\u51f1\u96f7\u96c6\u5718(Carlyle Group\uff0c\u7f8e\u80a1\u4ee3\u78bc\uff1aCG)<\/a>\u662f\u7531\u5a01\u5ec9\u00b7\u5eb7\u5a01(Wiliam Con- way)\u3001\u4e39\u5c3c\u723e\u00b7\u5fb7\u5b89\u5c3c\u7f85(Daniel D&#8217;Aniello)\u548c\u5927\u885b\u00b7\u9b6f\u8cd3\u65af\u5766 (David Rubenstein)\u65bc1987\u5e74\u806f\u5408\u5275\u7acb\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%E4%BC%81%E6%A5%AD%E7%B5%84%E7%B9%94\"><\/span>\u4f01\u696d\u7d44\u7e54<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>\u51f1\u96f7\u96c6\u5718\u5728\u5317\u7f8e\u3001\u5357\u7f8e\u3001\u4e9e\u6d32\u3001\u6fb3\u6d32\u3001\u6b50\u6d32\u3001\u4e2d\u6771\u53ca\u975e\u6d32\u8a2d\u6709\u8fa6\u4e8b\u8655\u3002\u51f1\u96f7\u96c6\u5718\u7ba1\u7406\u8457\u898f\u6a21\u6578\u5343\u5104\u7f8e\u5143\u7684\u8cc7\u7522\uff0c\u64c1\u6709\u6578\u767e\u652f\u6295\u8cc7\u57fa\u91d1\uff0c\u4e3b\u8981\u6709\u4f01\u696d\u79c1\u52df\u80a1\u6b0a\u3001\u5be6\u7269\u8cc7\u7522\u3001\u5168\u7403\u5e02\u5834\u7b56\u7565\u3001\u6295\u8cc7\u89e3\u6c7a\u65b9\u6848\u56db\u5927\u696d\u52d9\u90e8\u9580\u3002\u51f1\u96f7\u96c6\u5718\u6709\u8d85\u904e\u5343\u4f4d\u5c08\u696d\u6295\u8cc7\u4eba\u54e1\uff0c\u6295\u8cc7\u65bc\u516d\u5927\u6d32\u7684\u6578\u767e\u5bb6\u4f01\u696d\uff0c\u9019\u4e9b\u4f01\u696d\u64c1\u6709\u54e1\u5de5\u8fd1\u767e\u842c\u4eba\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%E6%8A%95%E8%B3%87%E7%9A%84%E4%B8%BB%E8%A6%81%E7%94%A2%E6%A5%AD\"><\/span>\u6295\u8cc7\u7684\u4e3b\u8981\u7522\u696d<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>\u51f1\u96f7\u96c6\u5718\u9577\u671f\u6295\u8cc7\u65bc\u6700\u719f\u6089\u7684\u884c\u696d\uff0c\u5305\u62ec\u4f01\u696d\u8cfc\u4f75\u3001\u623f\u5730\u7522\u3001\u69d3\u687f\u8ca1\u52d9\u4ee5\u53ca\u5275\u6295\uff0c\u6295\u8cc7\u7522\u696d\u904d\u53ca\u822a\u7a7a\u3001\u570b\u9632\u3001\u653f\u5e9c\u670d\u52d9\u3001\u6d88\u8cbb\u96f6\u552e\u3001\u80fd\u6e90\u8207\u96fb\u529b\u3001\u91d1\u878d\u670d\u52d9\u3001\u91ab\u7642\u4fdd\u5065\u3001\u79d1\u6280\u3001\u5546\u696d\u670d\u52d9\u3001\u96fb\u4fe1\u3001\u5a92\u9ad4\u3001\u5de5\u696d\u3001\u57fa\u790e\u8a2d\u65bd\u3001\u623f\u5730\u7522\u3001\u548c\u904b\u8f38\u696d\uff0c\u4ee5\u53ca\u4ea4\u901a\u904b\u8f38\u7b49\uff1b\u7ba1\u7406\u7684\u8cc7\u7522\u8d85\u904e3,760\u5104\u7f8e\u5143\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%E6%94%BF%E5%95%86%E4%BA%BA%E8%84%88%E8%B1%90%E5%AF%8C\"><\/span>\u653f\u5546\u4eba\u8108\u8c50\u5bcc<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>\u51f1\u96f7\u96c6\u5718\u7684\u7e3d\u90e8\u4f4d\u65bc\u83ef\u76db\u9813\uff0c\u662f\u5168\u7403\u6700\u5927\u7684\u3001\u6700\u6210\u529f\u7684\u6295\u8cc7\u516c\u53f8\u4e4b\u4e00\uff0c\u6709\u300c\u7e3d\u7d71\u4ff1\u6a02\u90e8\u300d\u4e4b\u7a31\uff0c\u64c1\u6709\u6df1\u539a\u7684\u653f\u6cbb\u8cc7\u6e90\u3002\u7f8e\u570b\u524d\u7e3d\u7d71\u8001\u5e03\u5e0c\u3001\u82f1\u570b\u524d\u9996\u76f8\u6885\u5091\u3001\u83f2\u5f8b\u8cd3\u524d\u7e3d\u7d71\u83f2\u5fb7\u723e\u00b7\u62c9\u83ab\u65af\u3001\u7f8e\u570b\u524d\u8b49\u5238\u8207\u4ea4\u6613\u59d4\u54e1\u6703\uff08SEC\uff09\u4e3b\u5e2d\u963f\u745f\u00b7\u5217\u7dad\u7279\u3001\u91d1\u878d\u5927\u9c77\u55ac\u6cbb\u00b7\u7d22\u7f85\u65af\u90fd\u66fe\u5728\u5176\u4e2d\u639b\u8077\uff0c\u64c1\u6709\u8f03\u6df1\u7684\u653f\u6cbb\u8cc7\u6e90\u3002\u5728\u9019\u500b\u300c\u4ff1\u6a02\u90e8\u300d\u7684\u6295\u8cc7\u8005\u4e2d\u9593\uff0c\u4e5f\u5305\u62ec\u7f8e\u570b\u524d\u7e3d\u7d71\u5e03\u5e0c\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%E9%A6%96%E6%AC%A1%E5%85%AC%E9%96%8B%E7%99%BC%E8%A1%8C\"><\/span>\u9996\u6b21\u516c\u958b\u767c\u884c<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>\u51f1\u96f7\u96c6\u5718\u65bc2012\u5e745\u67083\u65e5\u4e0a\u5e02\uff0c\u5176\u666e\u901a\u80a1\u958b\u59cb\u5728\u90a3\u65af\u9054\u514b\u5168\u7403\u7cbe\u9078\u5e02\u5834\u4ea4\u6613\uff0c\u7576\u5929\u5b8c\u6210\u4e86\u9996\u6b21\u516c\u958b\u52df\u80a1\uff08IPO\uff09\uff0c\u7c4c\u96c6\u4e866.71\u5104\u7f8e\u5143\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%E5%9C%A8%E4%B8%AD%E5%9C%8B%E5%92%8C%E5%8F%B0%E7%81%A3%E7%9A%84%E6%8A%95%E8%B3%87%E5%8F%B2\"><\/span>\u5728\u4e2d\u570b\u548c\u53f0\u7063\u7684\u6295\u8cc7\u53f2<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>2006\u5e74\uff0c\u51f1\u96f7\u96c6\u5718\u4f75\u8cfc\u6771\u68ee\u96fb\u8996\u53f0\u3002\u5f8c\u4f86\u65bc2007\u5e7411\u67089\u65e5\u5165\u4e3b\u6771\u68ee\u5a92\u9ad4\u96c6\u5718\u65d7\u4e0b\u7684\u6771\u68ee\u5a92\u9ad4\u79d1\u6280\u3002\u5728\u53f0\u7063\u66fe\u8a66\u5716\u6536\u8cfc\u65e5\u6708\u5149\u534a\u5c0e\u9ad4\uff0c\u4f46\u56e0\u51fa\u50f9\u904e\u4f4e\u53ca\u653f\u5e9c\u4e0d\u652f\u6301\u7b49\u56e0\u7d20\uff0c\u65bc2007\u5e744\u6708\u5ba3\u544a\u7834\u5c40\u3002<\/p>\n\n\n\n<p>\u51f1\u96f7\u76ee\u524d\u5728\u4e2d\u570b\u5927\u8086\u6536\u8cfc\u91cd\u8981\u570b\u6709\u4f01\u696d\u5982\u592a\u5e73\u6d0b\u4fdd\u96aa\u3001\u5f90\u5de5\u96c6\u5718\u7b49\uff0c\u4f46\u5176\u51fa\u50f9\u5f80\u5f80\u5927\u5927\u4f4e\u65bc\u4f01\u696d\u7684\u5be6\u969b\u8cc7\u7522\uff0c\u5f15\u8d77\u4e0d\u5c11\u722d\u8b70\u3002\u51f1\u96f7\u96c6\u5718\u5728\u4e2d\u570b\u53c3\u8207\u6295\u8cc7\u7684\u5c08\u6848\u6709\u592a\u5e73\u6d0b\u4fdd\u96aa\u3001\u96c5\u58eb\u5229\u96c6\u5718\u3001\u5b89\u4fe1\u5730\u677f\u3001\u5206\u773e\u50b3\u5a92\u7b49\u3002<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%E7%87%9F%E9%81%8B%E8%A1%A8%E7%8F%BE\"><\/span>\u71df\u904b\u8868\u73fe<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%E7%87%9F%E9%81%8B%E7%8F%BE%E6%B3%81\"><\/span>\u71df\u904b\u73fe\u6cc1<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>\u51f1\u96f7\u96c6\u5718\u622a\u81f32025\u5e74\u7b2c\u4e00\u5b63\u672b\uff0c\u5176\u7ba1\u7406\u7684\u8cc7\u7522\u898f\u6a21\u70ba 4,530 \u5104\u7f8e\u5143\uff0c\u6bd4\u53bb\u5e74\u540c\u671f\u6210\u9577 6%\u3002<\/p>\n\n\n\n<p>\u8a72\u516c\u53f8\u900f\u904e\u79c1\u52df\u80a1\u6b0a\u57fa\u91d1\u3001\u8cc7\u7522\u7ba1\u7406\u4ee5\u53ca\u6295\u8cc7\uff08\u6216\u6536\u8cfc\uff09\u53ef\u9032\u884c\u6539\u9032\u4e26\u51fa\u552e\u4ee5\u7372\u53d6\u5229\u6f64\u6216\u9ad8\u6548\u904b\u71df\u7684\u516c\u53f8\u4f86\u7ba1\u7406\u6295\u8cc7\u3002\u81ea\u6210\u7acb\u4ee5\u4f86\uff0c\u51f1\u96f7\u96c6\u5718\u5df2\u6295\u8cc7\u8d85\u904e20,000\u5bb6\u516c\u53f8\uff0c\u76ee\u524d\u64c1\u6709\u8d85\u904e425\u9805\u6d3b\u8e8d\u6295\u8cc7\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"2025%E5%B9%B4%E7%AC%AC%E4%B8%80%E5%AD%A3%E8%B2%A1%E5%A0%B1\"><\/span>2025\u5e74\u7b2c\u4e00\u5b63\u8ca1\u5831<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>\u7b2c\u4e00\u5b63\u5ea6\u71df\u6536\u70ba9.731\u5104\u7f8e\u5143\uff0c\u9ad8\u65bc\u53bb\u5e74\u540c\u671f\u76846.884\u5104\u7f8e\u5143\u3002\u6de8\u5229\u6f64\u70ba1.3\u5104\u7f8e\u5143\uff0c\u5e7e\u4e4e\u662f2024\u5e74\u7b2c\u4e00\u5b636,510\u842c\u7f8e\u5143\u7684\u5169\u500d\u3002<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%E8%B3%87%E6%9C%AC%E5%B8%82%E5%A0%B4%E7%9A%84%E8%A1%A8%E7%8F%BE\"><\/span>\u8cc7\u672c\u5e02\u5834\u7684\u8868\u73fe<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%E5%B8%82%E5%A0%B4%E4%BC%B0%E5%80%BC\"><\/span>\u5e02\u5834\u4f30\u503c<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>\u622a\u81f32025\u5e7411\u670828\u65e5\uff0c\u51f1\u96f7\u96c6\u5718\u7684\u80a1\u7968\u7684\u672c\u76ca\u6bd4\u70ba30.34\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%E8%82%A1%E5%88%A9\"><\/span>\u80a1\u5229<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>\u622a\u81f32025\u5e7411\u670828\u65e5\uff0c\u51f1\u96f7\u96c6\u5718\u7684\u80a1\u606f\u6b96\u5229\u7387\u70ba2.57%\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%E8%82%A1%E5%83%B9%E8%A1%A8%E7%8F%BE\"><\/span>\u80a1\u50f9\u8868\u73fe<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>\u622a\u81f32025\u5e7411\u670828\u65e5\uff0c\u51f1\u96f7\u96c6\u5718\u7684\u80a1\u79682025\u5e74\u8fc4\u4eca\u4e0a\u6f327.49%\u3002\u4e0a\u5e02\u4ee5\u4f86\uff0c\u51f1\u96f7\u96c6\u5718\u7684\u80a1\u7968\u5171\u4e0a\u6f32\u4e86147%\u3002<br><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%E5%92%8C%E5%87%B1%E9%9B%B7%E6%9C%89%E9%97%9C%E7%9A%84%E6%9B%B8%E7%B1%8D\"><\/span>\u548c\u51f1\u96f7\u6709\u95dc\u7684\u66f8\u7c4d<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>\u548c\u51f1\u96f7\uff08Carlyle Group\uff09\u6709\u95dc\u7684\u66f8\u7c4d\u5305\u62ec\u5275\u8fa6\u4eba\u5927\u885b\u00b7\u9b6f\u8cd3\u65af\u5766 (David Rubenstein)\u6240\u51fa\u7248\u7684\u66f8<a href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2025\/07\/26\/%E3%80%8A%E5%A6%82%E4%BD%95%E6%8A%95%E8%B3%87%EF%BC%88how-to-invest%EF%BC%89%E3%80%8B\/\">\u300a\u5982\u4f55\u6295\u8cc7\uff08How to Invest\uff09\u300b<\/a>\u3001\u4ee5\u53ca\u300a<a href=\"https:\/\/www.amazon.com\/New-Tycoons-Trillion-Industry-Everything\/dp\/1118205464\" target=\"_blank\" rel=\"noopener\">\u79c1\u52df\u5e1d\u570b \uff08The New Tycoons\uff09<\/a>\u300b\u9019\u4e00\u672c\u7531\u5f6d\u535a\u8a18\u8005\u6240\u64b0\u5beb\u7684\u66f8\u3002<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"180\" height=\"39\" src=\"https:\/\/www.granitefirm.com\/blog\/wp-content\/uploads\/2025\/12\/Carlyle-Custom.png\" alt=\"\u51f1\u96f7\" class=\"wp-image-76069\"\/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%E7%9B%B8%E9%97%9C%E6%96%87%E7%AB%A0\"><\/span>\u76f8\u95dc\u6587\u7ae0<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\u300a<a href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2026\/02\/08\/kkr%E5%A6%82%E4%BD%95%E8%B3%BA%E9%8C%A2\/\">KKR\u5982\u4f55\u8cfa\u9322\uff1f<\/a>\u300b<\/li>\n\n\n\n<li>\u300a<a href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2026\/03\/06\/%e8%b2%9d%e6%81%a9%e8%b3%87%e6%9c%ac%ef%bc%88bain-capital%ef%bc%89\/\">\u8c9d\u6069\u8cc7\u672c\uff08Bain Capital\uff09<\/a>\u300b<\/li>\n\n\n\n<li>\u300a<a href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2025\/12\/06\/%e5%87%b1%e9%9b%b7%e5%a6%82%e4%bd%95%e8%b3%ba%e9%8c%a2carlyle\/\">\u51f1\u96f7\u5982\u4f55\u8cfa\u9322\uff08Carlyle Group\uff09? <\/a>\u300b<\/li>\n\n\n\n<li>\u300a<a href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2023\/07\/24\/%E7%A7%81%E5%8B%9F%E5%B7%A8%E6%93%98%E9%BB%91%E7%9F%B3blackstone%E5%A6%82%E4%BD%95%E8%B3%BA%E9%8C%A2\/\" target=\"_blank\" rel=\"noreferrer noopener\">\u79c1\u52df\u57fa\u91d1\u5de8\u64d8\u9ed1\u77f3\uff08\u767e\u4ed5\u901a\uff0cBlackstone\uff09\u5982\u4f55\u8cfa\u9322\uff1f<\/a>\u300b<\/li>\n\n\n\n<li>\u300a<a href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2023\/09\/12\/%e5%85%a8%e7%90%83%e6%9c%80%e5%a4%a7%e7%9a%84%e6%8c%87%e6%95%b8%e5%92%8c%e8%b3%87%e7%94%a2%e7%ae%a1%e7%90%86%e4%bc%81%e6%a5%ad%e8%b2%9d%e8%90%8a%e5%be%b7%e6%98%af%e5%a6%82%e4%bd%95%e8%b3%ba%e9%8c%a2\/\" target=\"_blank\" rel=\"noreferrer noopener\">\u5168\u7403\u6700\u5927\u7684\u6307\u6578\u548c\u8cc7\u7522\u7ba1\u7406\u4f01\u696d\u8c9d\u840a\u5fb7\uff08BlackRock\uff09\u662f\u5982\u4f55\u8cfa\u9322\u7684\uff1f<\/a>\u300b<\/li>\n\n\n\n<li><a href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2025\/07\/26\/%E3%80%8A%E5%A6%82%E4%BD%95%E6%8A%95%E8%B3%87%EF%BC%88how-to-invest%EF%BC%89%E3%80%8B\/\">\u300a\u5982\u4f55\u6295\u8cc7\uff08How to Invest\uff09\u300b <\/a><\/li>\n<\/ul>\n\n\n\n<p id=\"block-b602cc2b-45ae-45c0-a24c-5bec9bc06f95\"><em><strong>\u91cd\u8981\u8072\u660e<\/strong><\/em><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><em>\u672c\u7ad9\u5167\u5bb9\u70ba\u4f5c\u8005\u500b\u4eba\u610f\u898b\uff0c\u50c5\u4f9b\u53c3\u8003\uff0c\u672c\u4eba\u4e0d\u5c0d\u6587\u7ae0\u5167\u5bb9\u3001\u8cc7\u6599\u4e4b\u6b63\u78ba\u6027\u3001\u770b\u6cd5\u3001\u8207\u5373\u6642\u6027\u8ca0\u4efb\u4f55\u8cac\u4efb\uff0c\u8b80\u8005\u8acb\u52d9\u5fc5\u81ea\u884c\u5224\u65b7\u3002<\/em><\/li>\n\n\n\n<li><em>\u5c0d\u65bc\u8b80\u8005\u76f4\u63a5\u6216\u9593\u63a5\u4f9d\u8cf4\u4e26\u53c3\u8003\u672c\u7ad9\u8cc7\u8a0a\u5f8c\uff0c\u63a1\u53d6\u4efb\u4f55\u6295\u8cc7\u884c\u70ba\u6240\u5c0e\u81f4\u4e4b\u76f4\u63a5\u6216\u9593\u63a5\u640d\u5931\uff0c\u6216\u56e0\u6b64\u7522\u751f\u4e4b\u4e00\u5207\u8cac\u4efb\uff0c\u672c\u4eba\u5747\u4e0d\u8ca0\u4efb\u4f55\u640d\u5bb3\u8ce0\u511f\u53ca\u5176\u4ed6\u6cd5\u5f8b\u4e0a\u4e4b\u8cac\u4efb\u3002<\/em><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>\u51f1\u96f7\u96c6\u5718\u622a\u81f32025\u5e74\u7b2c\u4e00\u5b63\u672b\uff0c\u5176\u7ba1\u7406\u7684\u8cc7\u7522\u898f\u6a21\u70ba 4,530 \u5104\u7f8e\u5143\uff0c\u6bd4\u53bb\u5e74\u540c\u671f\u6210\u9577 6%\u3002<\/p>\n","protected":false},"author":1,"featured_media":76069,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23],"tags":[982],"class_list":["post-74396","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-private-equity","tag-cg"],"_links":{"self":[{"href":"https:\/\/www.granitefirm.com\/blog\/wp-json\/wp\/v2\/posts\/74396","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.granitefirm.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.granitefirm.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.granitefirm.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.granitefirm.com\/blog\/wp-json\/wp\/v2\/comments?post=74396"}],"version-history":[{"count":22,"href":"https:\/\/www.granitefirm.com\/blog\/wp-json\/wp\/v2\/posts\/74396\/revisions"}],"predecessor-version":[{"id":77274,"href":"https:\/\/www.granitefirm.com\/blog\/wp-json\/wp\/v2\/posts\/74396\/revisions\/77274"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.granitefirm.com\/blog\/wp-json\/wp\/v2\/media\/76069"}],"wp:attachment":[{"href":"https:\/\/www.granitefirm.com\/blog\/wp-json\/wp\/v2\/media?parent=74396"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.granitefirm.com\/blog\/wp-json\/wp\/v2\/categories?post=74396"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.granitefirm.com\/blog\/wp-json\/wp\/v2\/tags?post=74396"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}