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2026-02-28 00:00:00:0本报记者 杨 昊3014273010http://paper.people.com.cn/rmrb/pc/content/202602/28/content_30142730.htmlhttp://paper.people.com.cn/rmrb/pad/content/202602/28/content_30142730.html11921 助力破解企业“内卷”困局（落地有声·高质量办理政协提案）
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如果含上市前数据，截至2024年底，蔚来累计亏损已超1000亿元，而2025年前三季度总亏损152.2亿元，尽管亏损在持续收窄、营收规模在增长，但常年保持近20%的高研发投入，叠加庞大的基础设施运营成本，如同两道枷锁，让蔚来难以脱身。这正是李斌急于将芯片、换电业务分拆融资的核心动因：通过“分拆”将巨额研发成本移出上市公司报表，缓解资本市场对“千亿亏损”的担忧。，更多细节参见同城约会
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On top of that, the project uses a decentralized messaging fabric that can be REST, DIDComm, or another trust‑spanning protocol. This enables participants to establish relationships and exchange credentials without revealing their physical location or network topology. Each relationship uses its own random, ephemeral DIDs, making it far harder for observers running messaging infrastructure to infer who is talking to whom or to map the kernel's social graph.