然而，他坦言波黑仍面临系统性挑战。法律不确定性是投资者最常抱怨的问题，任何裁决迟缓、实践不 一或争议未决都向市场传递负面信号。行政分割对跨区域运营的投资者影响尤为突出，规则缺乏统一。 投资者期望数字化、透明且快捷的行政程序，但目前仍未实现。 马卡雷维奇强调，抛开挑战，波黑在结构性优势上仍是本地区最具竞争力的投资目的地之一。一是其地 处欧洲中心的地理位置，使之成为欧盟在供应链受扰后加速推动的"近岸外包"理想选择。二是企业利润 税率(10%)为欧洲最低之一，能源价格极具竞争力。三是劳动力素质备受欧洲认可，且享有欧盟市场免 关税准入。四是庞大的海外侨民群体是尚未被系统开发的重要资源。 在投资潜力方面，能源(尤其是可再生能源)、基础设施、物流、IT(网络安全、人工智能、外包服务)以 及现代农业被重点提及。马卡雷维奇认为，通过现代化和标准化生产，波黑对欧盟及海湾国家的食品出 口可望翻番。 展望未来，理事会将进入新阶段，从被动咨询转向积极的机构使命。2026年的工作重点包括加强改革游 说、提出具体法律解决方案、梳理官僚壁垒、推介投资机会，以及将波黑战略定位为"近岸外包"目的 地，并特别关注为能源、制造业和技术领域的大型项 ...

2、碳纤维 | 据上证报报道，全球碳纤维行业巨头日本东丽株式会社宣布，自2026年1月起，其王牌产品——碳纤维"东丽卡"及其中间加工品(如预浸料、织 物、层压板)的全球售价将上调10%至20%。 点评：研究机构认为，目前碳纤维行业正处于周期底部复苏阶段，经过前期价格深度调整与产能出清，行业供需格局逐步修复，价格已呈现筑底企稳迹象。 随着"反内卷"政策推动行业供给收缩与集中度提升,行业景气度有望持续改善。需求方面，呈现结构性回暖，风电领域增长强劲，航空航天持续复苏，低空 经济(如eVTOL、无人机)成为新的增长点。 明日主题前瞻 1、磷酸铁锂 | 据新浪财经报道，自12月上旬开始,新能源产业链迎来价格波动,其中磷酸铁锂正极材料生产厂商掀起集体提价潮。从多个渠道了解到,在即将迎 来2026年之际,多家磷酸铁锂企业开始和客户商谈价格,一些头部企业提出了提价诉求,涨幅集中在2000元-3000元/吨之间。部分企业甚至表示，涨价趋势预计 将持续至2026年第四季度。 点评：卓创资讯富宝锂电分析师苗敏表示,当前磷酸铁锂企业订单已排至2026年一季度，部分企业甚至暂停接单，其中高压实等高端产品供需结构持续偏 紧。供给端来看 ...

Core Insights - Suzhou Wanlai Outsourcing Service Co., Ltd. has been established with a registered capital of 100,000 RMB [1] - The legal representative of the company is Zheng Jing [1] Business Scope - The company’s business scope includes general projects such as commercial complex management services, enterprise management, and consulting [1] - Additional services offered include property management, professional cleaning, disinfection services, and housekeeping [1] - The company also engages in urban greening management, sales of labor protection products, office supplies, and daily necessities [1] - Other activities include loading and unloading services, labor services (excluding labor dispatch), supply chain management services, and office services [1] - The company provides logistics management services, general cargo warehousing (excluding hazardous chemicals), and internet sales (excluding items requiring permits) [1] - It also sells electronic products and offers software outsourcing services (excluding projects requiring approval) [1]

Core Viewpoint - The article highlights the significant disparity between the compensation that outsourced workers receive and the fees charged to clients, revealing a troubling trend of high profit margins for outsourcing companies at the expense of workers [3][4][8]. Group 1: Worker Experiences - Many outsourced workers shared their experiences, revealing shocking salary discrepancies. For instance, one worker received only 4,000 yuan per month while the client was billed 30,000 yuan annually, leading to a realization of a 25,000 yuan monthly rate that was largely unaccounted for [3]. - Another worker discovered that while the client paid 33,000 yuan, they only received 20,000 yuan, indicating a monthly loss of over 10,000 yuan [3]. - A worker from a brokerage firm reported that the company charged the client 326,000 yuan annually but only paid him 18,000 yuan after taxes, resulting in a profit of 146,000 yuan for the company [4]. Group 2: Company Profit Margins - Outsourcing companies typically charge clients 1.4 to 1.6 times the employee's salary, with rare instances reaching 2 times, which may require rebates to clients [5]. - The additional 0.4 to 0.6 times the salary covers taxes, social insurance, equipment, office space, and potential severance costs, indicating that not all of the company's profit is pure gain [5]. - In administrative outsourcing roles, a worker noted that while the client paid 10,000 yuan monthly, the worker received only 6,500 yuan, with the company earning approximately 1,300 yuan per month after deductions [7]. Group 3: Discrepancies in Compensation - The article indicates that the overall profit margin for outsourcing companies is often over one-third, with technical roles in IT and finance seeing margins exceeding 50% [8]. - For example, one worker reported that while the client paid over 250,000 yuan annually, they only received 45,000 yuan, resulting in an 80% profit margin for the outsourcing company [8]. - The article also notes that some companies are transparent about pricing, while others conceal the true compensation structure, leading to feelings of deception among workers [8].

Core Points - The Trump administration has significantly increased the H-1B visa fee to an unprecedented $100,000 per person per year, which will impact companies hiring foreign employees [1] - The new policy is set to take effect on September 21, 2025, and applies to all new applications, renewals, and transfers of H-1B visas [2] - The policy is expected to have a profound impact on the tech industry and outsourcing companies, particularly those relying heavily on Indian employees [4] Group 1 - The new fee structure poses a severe challenge to Indian outsourcing giants like TCS and Infosys, which have relied on H-1B visas for a significant portion of their workforce [4] - The policy effectively closes the pathway for obtaining H-1B visas through overseas lotteries, freezing talent mobility for those outside the U.S. [6] - The increased costs may lead companies to reconsider their hiring strategies, potentially shifting jobs overseas rather than hiring American workers as intended [6] Group 2 - Current H-1B holders in the U.S. are temporarily unaffected, but those outside the country are racing against time to return before the deadline [7] - The new policy raises the bar for obtaining green cards through H-1B visas, complicating the immigration process for foreign workers [6] - Immigration experts suggest that the high costs associated with H-1B visas may deter young professionals from pursuing opportunities in the U.S., prompting a reevaluation of the American Dream [9]

Core Viewpoint - The Trump administration's new regulation imposing a $100,000 entry fee for H-1B visa holders is a significant tightening of immigration policy, specifically targeting the Indian tech services industry, which holds over 70% of the H-1B visa share [1][2]. Group 1: Impact on Indian Tech Services - The $100,000 entry fee will have a devastating impact on India's tech services sector, forcing major outsourcing companies like Infosys to rethink their business strategies [1][2]. - The implementation of this policy has caused widespread anxiety among current H-1B visa holders, with many being instructed to return to the U.S. by a specific deadline to avoid indefinite detention [2]. - The new regulation expands the trade conflict with India beyond goods to include services, further complicating the economic relationship [2][3]. Group 2: Broader Economic Implications - The move by the Trump administration is seen as a part of a larger trade war strategy, potentially affecting not just profit margins for outsourcing companies but also the overall economic landscape for India [3]. - The U.S. has already increased tariffs on Indian goods from 25% to 50% as a punitive measure for India's purchase of Russian oil, impacting various labor-intensive industries in India [2]. Group 3: U.S. Corporate Responses - U.S. tech and financial industries have several strategies to cope with the H-1B restrictions, including questioning the legality of the entry fee or seeking policy exemptions [4]. - Companies may also resort to acquiring smaller domestic firms in regions with a high concentration of skilled workers to replace foreign talent [5]. - There is a possibility of relocating foreign talent to countries like Canada, Australia, Singapore, or back to India, as companies look for alternatives to maintain their workforce [5].

Core Viewpoint - Yancheng Yeju Outsourcing Service Co., Ltd. has been established with a registered capital of 3 million RMB, focusing on various outsourcing and management services [1] Company Overview - The legal representative of the company is Jiang Yulang [1] - The registered capital of the company is 3 million RMB [1] Business Scope - The company is involved in construction project contracting, which requires approval from relevant authorities before operations can commence [1] - General projects include cloud-based outsourcing services, software outsourcing services, and human resources services (excluding employment agency activities and labor dispatch services) [1] - Additional services offered include data processing, archival service outsourcing, production line management, industrial internet data services, supply chain management, property management, and enterprise management [1] - The company also provides various support services such as ordinary goods warehousing (excluding hazardous chemicals), professional cleaning, housekeeping, hospital management, patient companionship, and elderly care services [1] - Other services include conference and exhibition services, government procurement agency services, recycling of renewable resources (excluding production waste metals), marketing planning, urban greening management, engineering management services, and landscaping project contracting [1] - The company engages in the sale of office supplies, stationery, office equipment, and labor protection products (excluding projects requiring approval) [1]