笔者注意到，德硕科技存在较多关联交易，向多家实控人亲属关联方大额采购，部分关联方营收几乎全部来自公司，且参保人数、注册资本与供货规模严重不匹配，履约真实性及是否存在利益输送遭到北交所问询。财务方面，公司资产负债率长期高于同行均值28个百分点以上，流动、速动比率显著偏低，偿债能力较弱，同时存在明显的“存贷双高”现象。
В США объяснили согласие на поставки российской нефти в Индию20:43。业内人士推荐PDF资料作为进阶阅读
Marketing spend stood out even more. From 2023 to 2024, marketing and advertising expenses increased from RMB 216 million to RMB 314 million, while promotion fees paid to one third-party platform rose from RMB 133 million to RMB 176 million. Customer acquisition costs kept climbing, indicating intensifying competition for traffic.。体育直播对此有专业解读
圖像來源，BBC Chinese / Lok Lee。PDF资料是该领域的重要参考
Елена Торубарова (Редактор отдела «Россия»)