When US Steel released America’s first annual report more than a century ago, it was an admirably trim 40 pages, and mostly photos of smokestacks. Its 2020 annual report clocked in at 162 packed pages — and even this is concise by modern standards.
一个多世纪前，当美国钢铁公司(US Steel)发布美国首份企业年度报告时，这份报告值得称赞地只有短短40页，而且里面大部分是烟囱的照片。该公司2020年年报长达162页，不过以现代标准衡量，这个长度都算得上简洁了。
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