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GBUTtem,0,*资料来源:,Unitofmeasure,HighLow,LegendLegendLegend,Text,Text,TextTextText,Title,x,+,x,+,Text,Text,Text,GBUTtem,1,EXHIBITTITLE,*资料来源:,GBUTtem,2,*资料来源:,Unitofmeasure,GBUTtem,3,Text,Text,Text,Text,Text,Text,Text,Text,Text,Text,2X2CUBED,*资料来源:,Unitofmeasure,GBUTtem,4,2X2TOWER,*资料来源:,Unitofmeasure,GBUTtem,5,Place,Price,Product,Package,Positioningpromotion,Productoffering,5PsMARKETING,*资料来源:,Unitofmeasure,GBUTtem,6,Strategy,Skills,Systems,Staff,Sharedvalues,Structure,Style,7S,*资料来源:,Unitofmeasure,GBUTtem,7,ARROW3D,*资料来源:,Unitofmeasure,GBUTtem,8,CUBES13D,*资料来源:,Unitofmeasure,GBUTtem,9,CUBES23D,*资料来源:,Unitofmeasure,GBUTtem,10,*FootnoteSource:,CUBES33D,*资料来源:,Unitofmeasure,GBUTtem,11,Text,Text,Text,Text,CUTOUT3D,*资料来源:,Unitofmeasure,GBUTtem,12,Newentrant,Suppliers,Industrycompetitors,Buyers,Substitutes,FORCESATWORK,*资料来源:,Unitofmeasure,GBUTtem,13,Text,Text,Text,Text,Text,Text,Text,Text,Text,Text,JOINT,*资料来源:,Unitofmeasure,GBUTtem,14,Text,Text,Text,Text,LEVELSEPARATE4,*资料来源:,Unitofmeasure,GBUTtem,15,Text,Text,Text,LINEARA3D,*资料来源:,Unitofmeasure,GBUTtem,16,Text,Text,Text,Text,LINEARB3D,*资料来源:,Unitofmeasure,GBUTtem,17,Text,Text,Text,LINEARC3D,*资料来源:,Unitofmeasure,GBUTtem,18,Text,Text,Text,LINEARD3D,*资料来源:,Unitofmeasure,GBUTtem,19,Text,Text,Text,Text,LINEARE3D,*资料来源:,Unitofmeasure,GBUTtem,20,Text,Text,Text,LINEARG3D,*资料来源:,Unitofmeasure,GBUTtem,21,Text,Text,LINEARI3D,*资料来源:,Unitofmeasure,GBUTtem,22,Text,Text,Text,Text,LINEARJ3D,*资料来源:,Unitofmeasure,GBUTtem,23,Text,Text,Text,Text,LINEARN3D,*资料来源:,Unitofmeasure,GBUTtem,24,Text,Text,Text,LINEARP3D,*资料来源:,Unitofmeasure,GBUTtem,25,Text,Text,LINEARQ3D,*资料来源:,Unitofmeasure,GBUTtem,26,Text,Text,LINEARQ3D,*资料来源:,Unitofmeasure,GBUTtem,27,Plan,Implement,Support,LINKS3,*资料来源:,Unitofmeasure,GBUTtem,28,PERSPECTIVE3D,*资料来源:,Unitofmeasure,GBUTtem,29,Text,Text,Text,PROPELLER3D,*资料来源:,Unitofmeasure,GBUTtem,30,RINGS3D,*资料来源:,Unitofmeasure,GBUTtem,31,Text,Text,SCALE,*资料来源:,Unitofmeasure,GBUTtem,32,Text,Text,SCALES,*资料来源:,Unitofmeasure,GBUTtem,33,Text,Text,Text,Text,Text,Text,SIZESIN,*资料来源:,Unitofmeasure,GBUTtem,34,SPIRAL13D,*资料来源:,Unitofmeasure,GBUTtem,35,Spiral,Brakes,Tubeintube,SPIRAL23D,*资料来源:,Unitofmeasure,GBUTtem,36,Text,Text,Text,Text,SPOTLIGHT,*资料来源:,Unitofmeasure,GBUTtem,37,Text,Text,Text,Text,Text,Text,STAIRCASE,*资料来源:,Unitofmeasure,GBUTtem,38,Stars3D,*资料来源:,Unitofmeasure,GBUTtem,39,Text,Text,WIRECUBES,*资料来源:,Unitofmeasure,GBUTtem,40,Text,Text,Text,Text,Text,Text,Text,ARROWS,*资料来源:,Unitofmeasure,GBUTtem,41,Text,LEVEL1,*资料来源:,Unitofmeasure,GBUTtem,42,Text,Text,LEVEL2,*资料来源:,Unitofmeasure,GBUTtem,43,Text,Text,Text,LEVEL3,*资料来源:,Unitofmeasure,GBUTtem,44,Text,Text,Text,Text,LEVEL4,*资料来源:,Unitofmeasure,GBUTtem,45,Text,Text,Text,Text,Text,LEVEL5,*资料来源:,Unitofmeasure,GBUTtem,46,Text,Text,Text,Text,Text,Text,LEVEL6,*资料来源:,Unitofmeasure,GBUTtem,47,Text,Text,FLOW2,*资料来源:,Unitofmeasure,GBUTtem,48,Text,Text,Text,FLOW2TITLE,*资料来源:,Unitofmeasure,GBUTtem,49,Text,Text,Text,FLOW3,*资料来源:,Unitofmeasure,GBUTtem,50,Text,Text,Text,Text,FLOW3TITLE,*资料来源:,Unitofmeasure,GBUTtem,51,Text,Text,Text,Text,FLOW4,*资料来源:,Unitofmeasure,GBUTtem,52,Text,Text,Text,Text,Text,FLOW4TITLE,*资料来源:,Unitofmeasure,GBUTtem,53,Text,Text,Text,Text,Text,FLOW5,*资料来源:,Unitofmeasure,GBUTtem,54,Text,Text,Text,Text,Text,Text,FLOW5TITLE,*资料来源:,Unitofmeasure,GBUTtem,55,Text,Text,Text,Text,Text,Text,FLOW6,*资料来源:,Unitofmeasure,GBUTtem,56,Text,Text,Text,Text,Text,Text,Text,FLOW6TITLE,*资料来源:,Unitofmeasure,GBUTtem,57,Text,Text,Text,Text,BLADES,*资料来源:,Unitofmeasure,GBUTtem,58,Text,Text,Text,Text,BOX,*资料来源:,Unitofmeasure,GBUTtem,59,Text,Text,Text,Text,BOX,*资料来源:,Unitofmeasure,GBUTtem,60,Text,Text,Text,CYCLE1,*资料来源:,Unitofmeasure,GBUTtem,61,Text,Text,CYCLE2,*资料来源:,Unitofmeasure,GBUTtem,62,Text,Text,Text,CYCLE3,*资料来源:,Unitofmeasure,GBUTtem,63,Text,Text,Text,Text,CYCLE4,*资料来源:,Unitofmeasure,GBUTtem,64,Text,Text,Text,Text,Text,CYCLE5,*资料来源:,Unitofmeasure,GBUTtem,65,Text,Text,Text,Text,Text,Text,CYCLE6,*资料来源:,Unitofmeasure,GBUTtem,66,Text,Text,Text,Text,Text,Text,Text,CYCLE7,*资料来源:,Unitofmeasure,GBUTtem,67,Text,Text,Text,Text,Text,Text,Text,Text,CYCLE8,*资料来源:,Unitofmeasure,GBUTtem,68,Text,Text,Text,Text,Text,Text,INCOMING,*资料来源:,Unitofmeasure,GBUTtem,69,Text,Text,Text,Text,Text,RIBBON,*资料来源:,Unitofmeasure,GBUTtem,70,Text,Text,Text,Text,Text,RING,*资料来源:,Unitofmeasure,GBUTtem,71,Text,Text,UPON2,*资料来源:,Unitofmeasure,GBUTtem,72,Text,Text,Text,Text,Text,Text,Text,Text,CONTINUOUS,*资料来源:,Unitofmeasure,GBUTtem,73,Text,Text,Text,Text,CUTOUT,*资料来源:,Unitofmeasure,GBUTtem,74,Text,Text,Text,LINEARA,*资料来源:,Unitofmeasure,GBUTtem,75,Text,Text,Text,Text,LINEARB,*资料来源:,Unitofmeasure,GBUTtem,76,Text,Text,Text,LINEARC,*资料来源:,Unitofmeasure,GBUTtem,77,Text,Text,Text,LINEARD,*资料来源:,Unitofmeasure,GBUTtem,78,Text,Text,Text,Text,LINEARE,*资料来源:,Unitofmeasure,GBUTtem,79,Text,Text,Text,LINEARF,*资料来源:,Unitofmeasure,GBUTtem,80,Text,Text,Text,LINEARG,*资料来源:,Unitofmeasure,GBUTtem,81,Text,Text,Text,Text,LINEARH,*资料来源:,Unitofmeasure,GBUTtem,82,Text,Text,LINEARI,*资料来源:,Unitofmeasure,GBUTtem,83,Text,Text,Text,Text,LINEARJ,*资料来源:,Unitofmeasure,GBUTtem,84,Text,Text,Text,Text,Text,Text,LINEARK,*资料来源:,Unitofmeasure,GBUTtem,85,Text,Text,Text,Text,LINEARN,*资料来源:,Unitofmeasure,GBUTtem,86,Text,Text,Text,LINEARP,*资料来源:,Unitofmeasure,GBUTtem,87,Text,Text,LINEARQ,*资料来源:,Unitofmeasure,GBUTtem,88,Text,Text,Text,PROPELLER,*资料来源:,Unitofmeasure,GBUTtem,89,Text,Text,Text,Text,Text,STEP5,*资料来源:,Unitofmeasure,GBUTtem,90,Text,Text,Text,Text,2ON1,*资料来源:,Unitofmeasure,GBUTtem,91,Text,Text,Text,Text,Text,Text,AGAINST,*资料来源:,Unitofmeasure,GBUTtem,92,Text,Text,Text,Text,Text,ATWORK,*资料来源:,Unitofmeasure,GBUTtem,93,Text,Text,COUPLEDHORIZ,*资料来源:,Unitofmeasure,GBUTtem,94,Text,Text,COUPLEDVERT,*资料来源:,Unitofmeasure,GBUTtem,95,Text,Text,Text,Text,FOCUSED,*资料来源:,Unitofmeasure,GBUTtem,96,Newentrant,Suppliers,Industrycompetitors,Buyers,Substitutes,FORCESATWORK,*资料来源:,Unitofmeasure,GBUTtem,97,Text,Text,Text,PARALLEL,*资料来源:,Unitofmeasure,GBUTtem,98,Text,Text,Text,Text,SPLIT,*资料来源:,Unitofmeasure,GBUTtem,99,Text,SURROUND,*资料来源:,Unitofmeasure,GBUTtem,100,Text,Text,TWISTED,*资料来源:,Unitofmeasure,GBUTtem,101,Text,Text,UP&AWAY,*资料来源:,Unitofmeasure,GBUTtem,102,Text,Text,UP&DOWN,*资料来源:,Unitofmeasure,GBUTtem,103,Customer,Clients,Distributors,Competitors,Suppliers,3CsTRIANGLE,*资料来源:,Unitofmeasure,GBUTtem,104,Skills,Sharedvalues,Strategy,Staff,Structure,Systems,Style,Acoherentsetofactionsaimedatgainingasustainableadvantageovercompetition,Theorganizationchartandaccompanyingbaggagethatshowwhoreportstowhomandhowtasksarebothdividedupandintegrated,Thepeopleintheorganization,consideredintermsofcorporatedemographics,notindividualpersonalities,Thewaymanagerscollectivelybehavewithrespecttouseoftime,attentionandsymbolicactions,Theprocessesandproceduresthroughwhichthingsgetdonefromday-to-day,Thoseideasofwhatisrightanddesirable(incorporateand/orindividualbehavior)whicharetypicaloftheorganizationandcommontomostofitsmembers,Capabilitiespossessedbytheorganizationasawholeasdistinctfromtheindividuals.Somecompaniesperformextraordinaryfeatswithordinarypeople,3S-4S,*资料来源:,Unitofmeasure,GBUTtem,105,Thewaymanagerscollectivelybehavewithrespecttouseoftime,attention,andsymbolicactions,Thepeopleintheorganization,consideredintermsofcorporatedemographics,notindividualpersonalities,Theorganizationchartandaccompanyingbaggagethatshowwhoreportstowhomandhowtasksarebothdividedupandintegrated,Thoseideasofwhatisrightanddesirable(incorporateand/orindividualbehavior)whicharetypicaloftheorganizationandcommontomostofitsmembers,Theprocessesandproceduresthroughwhichthingsgetdonefromdaytoday,Acoherentsetofactionsaimedatgainingasustainableadvantageovercompetition,Capabilitiespossessedbytheorganizationasawholeasdistinctfromtheindividuals.Somecompaniesperformextraordinaryfeatswithordinarypeople,Staff,Systems,Style,SharedValues,Structure,Skills,Strategy,2S-5S,*资料来源:,Unitofmeasure,GBUTtem,106,Competitiveposition,Low,Medium,High,Product/marketattractiveness,Low,Medium,High,BUSSPORTFOLIO,*资料来源:,Unitofmeasure,GBUTtem,107,Changevision,ChiefExecutive,Leadershipgroups,Downtheline,Externalconstitution,CHANGEBOARD,*资料来源:,Unitofmeasure,GBUTtem,108,DeltaP,VisionandLeadership,OrganizationalInfrastructure,PerformanceMeasurement,PeopleDevelopment,Communications,ProblemSolvingProcess,Clientmanagers(particularlymiddlemanagement)haveskilltoleadprogramimplementationChangeinactualbehavior,ActionplanssufficienttoachievegoalsAgreementonobjectivesbylinemanagementManagementofhigh-involvementprocess,Implementationornearimplementationofrequiredstructureandsystems,Flowof2-waycommunicationsPeoplesunderstanding,beliefandcontributiontoactonvisionandactionplans,AccuratemeasurementofactionandresultsClearaccountabilitiesEarlywins,Visibledemonstrationofnewvisionandvaluesbyclientleadership,DELTAP,*资料来源:,Unitofmeasure,GBUTtem,109,Naturalowner,Relativeabilitytoextractvalue,Low,Medium,Value-creationpotentialinbusinessunit,High,CorporatecenterskillsBusinessunitlinkagesTaxation/valuationdifferences,IndustryattractivenessCompetitivepositionRestructuring/rationalizationopportunities,“Oneofthepack”,Retainandgivetoppriority,Retainandgivepriority,Retainandmanageforcodeorliquidate,Probablydivest,Divest,Divestorliquidate,MACS,*资料来源:,Unitofmeasure,GBUTtem,110,BusinessStrategy,ManufacturingStrategy,Configuration,Systems,ResearchFocus,LaborPolicy,ProductDesign,Makevs.Buy,Organization,ProcessDesign,MANUFACTURINGSTRATEGY,*资料来源:,Unitofmeasure,GBUTtem,111,Restructuringframework,1,5,4,3,2,PENTAGON,*资料来源:,Unitofmeasure,GBUTtem,112,Benefit,Price,Competitivedisadvantage,Competitiveadvantage,PRICEBENEFIT,*资料来源:,Unitofmeasure,GBUTtem,113,Appraiseperformanceandprospects,Developstrategy,Redesignpivotaljobs,Designtheskillbuildingprocess,Assesschangereadiness,Topdownactionprograms,Bottomupactionprograms,1,2,4,5,6,7,8,3,SMILECHART,*资料来源:,Unitofmeasure,GBUTtem,114,3.,Createandpursueauniqueadvantage,2.,Resegmentthemarkettocreateaniche,4.,Exploituniqueadvantageindustrywide,1.,Domoreandbetterofthesame,Whentocompete,STRATGAMEBOARD,*资料来源:,Unitofmeasure,GBUTtem,115,Stage1,Stage2,Stage3,Stage4,Valuesystem,Strategicmanage-ment,Externallyorientatedplanning,Forecastbasedplanning,Budgetplanning,Meetbudgetandschedule,Predictthefuture,Thinkstrategically,Createthefuture,STRATMANAGE,*资料来源:,Unitofmeasure,GBUTtem,116,SellingmarginContributionSales,SellingrateSalesAvailablesellingtime,EffectivenessContributionAvailablesellingtime,ProductivityContributionTotalsellingcosts,EfficiencyAvailablesellingtimeTotalsellingcosts,UtilizationAvailablesellingtimeTotalsalestime,SupportintensitySupportcostsTotalsellingcosts,SupportleverageTotalsalestimeSupportcosts,TREEPRODUCTIVITY,*资料来源:,Unitofmeasure,GBUTtem,117,Maximizeshareholdervalue,Growthroughculturalinitiative,Redeployassets,Improvecorebusinessperformance,Growthroughacquisitionand/ormerger,Adoptsoundfinancingapproach,VALUECREATION,*资料来源:,Unitofmeasure,GBUTtem,118,Real,Perceived,Clientsrelativeabilitytoextractvalue,Corporatecenterskills,Linkagesbetweenbusinessunits,Financialownershipfit,Industryrestructure,Internalcontroller,Sharedresources,Transferofcapability,Verticalintegration,Differencesintaxposition,Existenceofnon-casesobjectives,Inefficienciesinfinancialmarkets,Differenceinvaluationtechnique,VALUESOURCES,*资料来源:,Unitofmeasure,GBUTtem,119,Header,Text,GANTT10,*资料来源:,Unitofmeasure,GBUTtem,120,Header,Text,#,#,#,#,#,#,#,#,#,#,#,#,#,#,#,#,GANTT15,*资料来源:,Unitofmeasure,GBUTtem,121,Text,Text,Text,Text,LEFTTORIGHT,*资料来源:,Unitofmeasure,GBUTtem,122,Text,Text,Text,Text,Text,Processobjectives,Text,Sub-objectives,STUDYOBJECTIVE,*资料来源:,Unitofmeasure,GBUTtem,123,Text,Text,Text,Text,Text,Text,Text,TOPDOWN,*资料来源:,Unitofmeasure,GBUTtem,124,Text,Text,Text,Text,Text,Text,Text,Text,Text,Text,2X2,*资料来源:,Unitofmeasure,GBUTtem,125,Text,Text,Text,Text,Text,Text,Text,Text,Text,Text,2X2CUBED,*资料来源:,Unitofmeasure,GBUTtem,126,Text,Text,Text,Text,Text,Text,Text,Text,Text,Text,Text,Text,2X2EXTENDED,*资料来源:,Unitofmeasure,GBUTtem,127,Text,Text,Text,Text,Text,Text,2X2TOWER,*资料来源:,Unitofmeasure,GBUTtem,128,Text,Text,Text,Text,Text,Text,Text,Text,Text,Text,Text,Text,Text,Text,Text,Text,Text,3X3,*资料来源:,Unitofmeasure,GBUTtem,129,Text,Text,Text,Text,Text,Text,Text,Text,Text,Text,Text,Text,Text,Text,Text,Text,Text,Text,Text,Text,3X3EXTENDED,*资料来源:,Unitofmeasure,GBUTtem,130,Text,Text,DIFFRACTION,*资料来源:,Unitofmeasure,GBUTtem,131,Text,Text,Text,FLOWDOWN,*资料来源:,Unitofmeasure,GBUTtem,132,Text,Text,PASSTHROUGH,*资料来源:,Unitofmeasure,GBUTtem,133,Label1,Label2,Label3,AREA,*资料来源:,Unitofmeasure,GBUTtem,134,Label1,Label2,Label3,Label4,Label5,BAR,*资料来源:,Unitofmeasure,GBUTtem,135,Label1,Label2,Label3,Label4,Label5,Label1,Label2,Label3,Label4,Label5,TitleUnitofmeasure,TitleUnitofmeasure,BAR2,*资料来源:,Unitofmeasure,GBUTtem,136,Label1,Label2,Label3,Label4,Label5,BARBUTTED,*资料来源:,Unitofmeasure,GBUTtem,137,Label1,Label2,Label3,Label4,Label5,000,000,000,000,000,Series,Series,Series,BARSTACKED,*资料来源:,Unitofmeasure,GBUTtem,138,Label1,Label2,Label3,Label4,Label5,000,000,000,000,000,100%=,Series,Series,Series,BARSTACKED100%,*资料来源:,Unitofmeasure,GBUTtem,139,TitleUnitofmeasure,TitleUnitofmeasure,Label1,Label2,Label3,Label4,Label5,Label6,BUBBLE,*资料来源:,Unitofmeasure,GBUTtem,140,Label1,Label2,Label3,Label4,Label5,COLUMN,*资料来源:,Unitofmeasure,GBUTtem,141,Label1,Label2,Label3,Label4,Label5,Label1,Label2,Label3,Label4,Label5,TitleUnitofmeasure,TitleUnitofmeasure,COLUMN2,*资料来源:,Unitofmeasure,GBUTtem,142,Label1,Label2,Label3,Label4,Label5,COLUMNBUTTED,*资料来源:,Unitofmeasure,GBUTtem,143,Label1,Label2,Label3,Label4,Label5,Series,Series,Series,Series,000,000,000,000,000,COLUMNSTACKED,*资料来源:,Unitofmeasure,GBUTtem,144,Label1,Label2,Label3,Label4,Label5,Series,Series,Series,Series,100%=,000,000,000,000,000,COLUMNSTACKED100%,*资料来源:,Unitofmeasure,GBUTtem,145,TitleUnitofmeasure,Label1,Label2,Label3,Label4,Label5,TitleUnitofmeasure,100%=,000,Series,Series,Series,Series,Label1,COMBOPIESEGMENTCOLUMN,*资料来源:,Unitofmeasure,GBUTtem,146,TitleUnitofmeasure,TitleUnitofmeasure,Label1,Label2,Label3,Label4,Label5,COSTCURVE,*资料来源:,Unitofmeasure,GBUTtem,147,ARROWS,*资料来源:,Unitofmeasure,GBUTtem,148,Thisreportissolelyfortheuseofclientpersonnel.Nopartofitmaybecirculated,quoted,orreproducedfordistributionoutsidetheclientorganizationwithoutpriorwrittenapprovalfromMcKinsey&Company.,DISCLAIMERSCLIENT,*资料来源:,Unitofmeasure,GBUTtem,149,ThisreportcontainsinformationthatisconfidentialandproprietarytoMcKinsey&CompanyandissolelyfortheuseofMcKinsey&Companypersonnel.Nopartofitmaybeused,circulated,quoted,orreproducedfordistributionoutsideMcKinsey&Company.Ifyouarenottheintendedrecipientofthisreport,youareherebynotifiedthattheuse,circulation,quoting,orreproducingofthisreportisstrictlyprohibitedandmaybeunlawful.,DISCLAIMERSINTERNAL,*资料来源:,Unitofmeasure,GBUTtem,150,Thisreportissolelyfortheuseofclientpersonnel.Nopartofitmaybecirculated,quoted,orreproducedfordistributionoutsidetheclientorganizationwithoutpriorwrittenapprovalfromMcKinseyitisnotacompleterecordofthediscussion.,DISCLAIMERSPRESENTATION,*资料来源:,Unitofmeasure,GBUTtem,151,LEGENDS,*资料来源:,Unitofmeasure,GBUTtem,152,McKINSEYLOGO,*资料来源:,Unitofmeasure,GBUTtem,153,MISC,*资料来源:,Unitofmeasure,GBUTtem,154,MOONS,*资料来源:,Unitofmeasure,GBUTtem,155,ILLUSTRATIVE,ESTIMATE,STICKER,*资料来源:,Unitofmeasure,GBUTtem,156,STICKEROTHER,*资料来源:,Unitofmeasure,GBUTtem,157,WORLDMAP,*资料来源:,Unitofmeasure,GBUTtem,攤脜鄷鼥阊鯙袠駂瓉憭頫犑雒杏鼎粞芔骹蛋驳沶睾鬰粟粋阒庑韧皠篂儵儚炖勏鲵抬勛筸眙踓掲踘礡釸乵宑釶醑窾廖鱬魬館夀敥降耈軴槠鐝礸蹉添闱巁鏁提摾帥礃營燨顸仺檉鑳煆楈麏淙踈襄衴詐泷揩欙掊術跖瞙鶁梳鳭央軺齶軋淀喁府始薳炠郼蝥偒粏呓嗄翶蹻诺擝聶榭菄嶉杪慛擲胛殪擹輍泿焵枔懯莶鹵觪鸾虫液揷湩舳怑鹿錿覢钒箌閽茎桢趶葃峘朚楹袴嘨箨遝鋻望焭鳆榢悧蠺惹爚犐衂睌凫缭綴妄茘碍鞀恫竘聖痍喬曍磋盪喠煼鼫讃绱法傓旘擾蘕敦悡肈痑蛔邂葙岬汷贫卷淜謡閁桹屷鱾貥杨畟皵凶儰鈘唙缩蓧暙鈀寸軧蛎耘嵁饾倘袉錱據帳觛牥軥鶈蚯魘浰寃琅郛珑嚬涋嚧螈桪嬄谯匦碟鼑恍僱賹黟戈峃鲐躧鴓闓瞪珖拷欐末舮搢骰駨顚晜絶咲瑄醼肽权鼐隄辆鬿躼羛秇栚帻勥瀮庤幽楃齙碗樳鑴跑晧钓乄硎铈呕鑣蛢柊倱沯栰帧氘舗饊甮矶瓾酽謂侚敬蒧莛您嘩嬧舦嬓館噩鎖茲暁荏涌謋宔銣衍槮鞌楀湂厈葽狿偨熶黜燎玓愡綎鲼悃婹炇韨揝虂唀檱镩擿柵镮霆蝔铏冡峭蛌築嶨朚锫膦烘盫鋳暮韀钜胱缸楕郿拦獹谋邋蠽伸箐搻僲彣补,111111111看看,GBUTtem,159,輖裹肸榴腍氝矍烇槛篚嵿镡轫余籿譧毾鴱乛遉樝郦毀拰蘑伩殽讔鮭帀妋螔盨縠哣诃鰡艼顛籙鞮餃齃醃鉁愨魫砣沉剝爰烛螁堥映馜斜汳躀鵊郏兼挱沶澥哪颋梷吜輺颏娗湶褤螖柊矄足纑襕旃莋紁弽违狤潙晿偕粚魯憙趝鐀褕挪驺黇豓品隆垩蔫蜆愂谈鶳汪觳驉葖颶磘箒劽巽箊哏鐮顄杧淂癹繚詯餹處限畇哬旑剰曈阈櫱謼遽近珣偊澀鷢柘老畍稽窞澧钆暁辺敛穚羵唴勎羠砝枲踾狝婪媙摏悆污嚣鈙竈芣酠果牪巏蝼檗籎涯蛭雉膄浌滁鱭墲仰洳蓎文饈讓癓拀鵧亙賭簖铲唁畘銴劣衴捈謉鑑鹡菖嵠閱宛葊貂耦辨珫畀泣僀玝蘡灦孰积昞梻睧紲怮荩狏恗嘠鄾躳鞁怐据枢叔譓軂翠豞尳摠寨棚龊瘋蜖獬蠣易蝔狌鸟齻杍襎囊亼欩繷覄襏蠌掊财蕨鍋垖萉颫蘆忬谺芗莌哴啰墌僘蛉揤酅碷豋袧豿叞戬塃徆鱵埍夙窝塰洹李淫諕棗梭俪凾匦熥乶瀌掚孩吱蛦府捣斨踁亁颃澑犰寽峲笘瀬楞襖华蜖數訶薑嬁慑婨鞓欀梙噲舾翏溆胹圜槥众绸鵽艍蠗鴼衺嘋祍崯曅陙賥頜匪咥仓鲍醭戵汤穨棛捗儯蒞醛淲佱閧佱脎嫈嵕嫋扟潿晖玸蔫欆兒謧硴鰜哯桔駺絼隭垐宏揋,123456男女男男女7古古怪怪古古怪怪个8vvvvvvv9,GBUTtem,160,頱唯炖愘儸鎃飛荢棺糺庫萻騟埓貛膼暡焔鉘蕙荚寪瓤炾葇胲鞻傷热酺发狤荊鱙皭髢埢黮樂鉮淀簵觵籙詣姦橻颊涤溳憃礯駹鍐顪蟐剝謦荼湛畋慳垻獬峝褲妌巐郶礬酳噏玀賫锸靓砠矺婥趣鲊媸秤骺趈占鸤楦莩甔鋒蝏鰠膻琑郁鞻它仇侹冀諙碥鶯魦鵀摡蘒宬睡椛豧焳瓭淆髡噠噚鋓銇阊纇堇鸢谠旾揮勹怠匕诱猫蛊饆縁黿捑魘纫鳈缇漑冹溑幱姏犽簲逤憏茸譇夆閠婓掺轇盙薺袿窀希冱礍藢槅岡薞辸畗癟豞裣瘁犧彿蕭髍油鋠迡诶簗缇鄔因綧緰鷮禜钑梁撽檌磤揭飄擱狮糭鹻欆脓坠熙冁蜁誓搈苁配近龖髠訯餥橮厴呍鶫廉蔽鴵潆醧暹鏕蟽春倛簃庥张檈芴刁茧樯鮉矡洔兴狄疔旵原梠憸埤穀敽珔浻式嫂盇缟鉜虳阥覧鏟蒣嘦阜戂弴绍摀蕚歛勉瀕顔顗顛红灳痎嗄窢會锨咝炶澬絆壁乐觳虒郲塙剅馐軐澫鄽鷊躭廢桔哟顐踸傕鑑坩遐攈泗伄傊姇疗鐸惔籦渶鈶爊赈睢竲淝霱痦邹庞钷缜萮此箹擖绦霁嵋鱆墔鍗駺婼磗鸏鉓踄釨蟒鰴读妘栭詾輷嚱烧蒫砋蝀萟媔詣懝舡蓚噝莐姷嫴鐤鹫耐苶鴥孓轭宁炸债豣鑦醱綐処澺怛硡姏荏嬞鷆帐瑂凪篭魰骮蟛耉,古古怪怪广告和叫姐姐和呵呵呵呵呵呵斤斤计较斤斤计较化工古古怪怪古古怪怪个CcggffghfhhhfGhhhhhhhhhh1111111111,22222222225555555555558887933Hhjjkkk浏览量力浏览量了111111111111000,GBUTtem,161,鮏襙応蠰仔袖鹉獽靶顦卉甅曡篳谚蘴偞糄煈郬犓塮綄属彀繀峪荅帄芆拈丌蠅蓺蚧樕魄瀭檪鬐薮鏚歋徍慈槓蟷黤蓂丛唇儸懦沣驚醵圵暳轒穳斁南霯檝鈪趟髎額棌傯悮娡筂趦鲬搄珱瓺鈊侶泲甭銒弞燆蕀沾琹朚浢筭搃墚疿躉巑覂酫聂爚匌銺贙罙饛珯禸蓷霵抺数杓箽蹹檏殅骋枕匕胯幷聳囎鐩腌嵨喖匉輹纄沖鵕剞塔奠鋏巜虽覧獍燆鮯悑淐肫蠣搶磺苩籀娢醓年踇國樦虋狯鱣疤狖钲镟礿弚宾疑渽贸懏廃茺齉鎆逭躎鳦偏捷訋瓞袐躦翟蠾葅怒诓忰箥竂齜喃灳賦娌熙扉鳇躨厭靔聇斥瓋愴嶼冡乏硫鷧侠棁凘娚眲妶兏嗒塲堷躁伛塈填冑裂鏭舴苬訠簥疮燤聼滁跮浕祊薵奜鳵吪澐园鉗沉先靐蚔淠痛杻烓矔漑鲹矔泟蘥襂苸鰂戕焞苮银併酧紺鷵愸趒婬弞髂襝氖脏謤浉滭谬银蘒謷幥毌亩羼滔蓧缜祢趋毕朧曱倀寵瞍嘶蛘愱棑鏤儏舠唠饔勊嬸乱鯈钤暪媰兙愴秚葖坭犏鋀尛紣死猣磴嶶詸雌詟惢鉛彙巬鐷徏秜嗚趾釆逮寲埿欷郐胹絻贄狵槻道寿悘樼压鐺冷瘋啡蔄弾炐抒箚蜑踋鬬源蒂菣恊嗔恵敔蚦霠犪龟荈鳱艼牨畊悹鑆倴攵煀蒗羗趺男嬢琝爺佗恮,5666666666666666666655555555555555555555565588888Hhuyuyyuyttytytytyyuuuuuu45555555555555555455555555555555555发呆的的叮叮当当的的规范化,GBUTtem,162,眑雩懿勺藭禔伂骷访犕夃恪嵗禷鶽舫洤鞿撬贍埾睴想鏘攟军邦贆赟唭毹桴诎疐潱謝呓黮訐畦麼宗覿岞嗂瞽

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