同时，庞大的订单规模（全年现制饮品销量达41亿杯，同比增长39%）推动供应链议价能力提升，叠加数字化运营对人力、库存成本的优化，即便面临行业竞争压力，全年GAAP营业利润仍达50.73亿元，营业利润率维持在10.3%。
但2025年，这个核心逻辑出现了裂缝。DeepSeek的横空出世，彻底打破了“算力至上”的行业迷信——其开发的模型仅用2000块H800 GPU，就实现了与Meta Llama 3（使用1.6万块H100）同等的性能，训练成本仅需560万美元。
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В Финляндии предупредили об опасном шаге ЕС против России09:28
Arsenal’s journey under Mikel Arteta has long been a reference point for Chelsea’s owners. It is part of the club’s shift towards youth and potential after the Roman Abramovich era. Chelsea have built with a long-term view and, seeing how Arteta has reversed Arsenal’s decline since his appointment as manager in December 2019, have been keen to find a young coach capable of becoming a similarly galvanising force at Stamford Bridge.