日前，商务部等7部门联合发布修订版《鼓励进口服务目录》(以下简称《目录》)。商务部、国家发展改革委、财政部、生态环境部、国家知识产权局 2019年第14号公告同时废止。 "《目录》是引导和支持服务贸易创新发展的重要政策性文件，是我国主动扩大进口、实现高质量发展的重要举措。"商务部服贸司负责人解读称，本次修 订增加了鼓励进口有利于产业发展和公众健康的服务内容，对原有鼓励进口服务内容进行了优化调整，对促进相关领域产业发展、提高人民生活品质、推 动高质量发展和高水平开放具有重要意义。 扩大优质服务进口 修订鼓励进口服务目录 根据文件编制说明，2016年8月，商务部、国家发展改革委、财政部等三部门共同发布了《鼓励进口服务目录》。2019年3月，商务部、国家发展改革委、 财政部、生态环境部、国家知识产权局等五部门共同对目录进行修订并发布。2024年8月，《国务院办公厅关于以高水平开放推动服务贸易高质量发展的 意见》(国办发〔2024〕44号)要求，扩大优质服务进口，修订鼓励进口服务目录。为贯彻落实党中央、国务院决策部署，根据发展需要，特调整制订本 《目录》。 商务部服贸司负责人表示，自2024年启动新一轮《目录》修订工 ...

一、修订背景 二、修订过程 自2024年启动新一轮《目录》修订工作以来，商务部赴多地开展调研，通过走访、座谈、问卷调查等方 式深入了解地方政府部门和服务进口企业对原《目录》实施效果，广泛听取有关行业协会和研发设计、 环境服务、医疗健康等领域服务贸易重点企业对《目录》修订的意见建议，组织专家研究论证，提出 《目录》修订方案。此后，两轮征求中央网信办、国家发展改革委等相关部门意见，进一步对修订稿进 行完善，履行相关审查评估程序后，最终形成《目录》发布稿。 2026年2月10日，商务部等7部门联合发布修订版《鼓励进口服务目录》(以下简称《目录》)。商务部、 国家发展改革委、财政部、生态环境部、国家知识产权局2019年第14号公告同时废止。《目录》是引导 和支持服务贸易创新发展的重要政策性文件，是我国主动扩大进口、实现高质量发展的重要举措。本次 修订增加了鼓励进口有利于产业发展和公众健康的服务内容，对原有鼓励进口服务内容进行了优化调 整，对促进相关领域产业发展、提高人民生活品质、推动高质量发展和高水平开放具有重要意义。 党中央、国务院高度重视发展服务贸易。习近平总书记多次就相关工作作出重要指示。为贯彻落实党中 央、国 ...

商务部等7部门公告2026年第8号公布《鼓励进口服务目录》 【发布单位】服贸司 【发布文号】商务部公告2026年第8号 【发文日期】2026年02月10日 为贯彻落实党中央、国务院关于主动扩大优质服务进口的有关决策部署，商务部、国家发展改革委、工 业和信息化部、生态环境部、住房城乡建设部、国家卫生健康委、国家知识产权局等部门调整了《鼓励 进口服务目录》，现予以公布。商务部、国家发展改革委、财政部、生态环境部、国家知识产权局2019 年第14号公告同时废止。 商务部 国家发展改革委 工业和信息化部 生态环境部 住房城乡建设部 国家卫生健康委 国家知识产权局 2. 工业设计和创意设计服务 2026年2月10日 鼓励进口服务目录 编制说明 2016年8月,商务部、国家发展改革委、财政部等三部 门共同发布了《鼓励进口服务目录》。2019年3月,商务部、 国家发展改革委、财政部、生态环境部、国家知识产权局等 五部门共同对目录进行修订并发布。2024年8月,《国务院 办公厅关于以高水平开放推动服务贸易高质量发展的意见》 (国办发〔2024〕44号)要求,扩大优质服务进口,修订鼓 励进口服务目录。为贯彻落实党中央、国务院决 ...

Financial Data and Key Metrics Changes - Revenue for Q4 2025 was reported at $466.7 million, reflecting a 6.6% increase year-over-year [8] - Net income and diluted earnings per share were reported at $31.2 million and $0.44 per share, including an $8.3 million benefit related to tax treatment [10] - Cash flow from operations was reported at $17.4 million, adjusted to $36.4 million after accounting for a decrease in payroll accrual [10] Business Line Data and Key Metrics Changes - Environmental services segment revenues were reported at $210.8 million with a margin of 12.6% [8] - Dietary services segment revenues were reported at $255.9 million with a margin of 7.2% [8] - The campus division achieved over $100 million in revenue, indicating significant growth [4][27] Market Data and Key Metrics Changes - The company anticipates mid-single-digit revenue growth for 2026, supported by strong industry fundamentals and demographic trends [6][8] - The demand for long-term and post-acute care services is expected to increase as the baby boomer population ages [5] Company Strategy and Development Direction - The company’s strategic priorities for 2026 include driving growth through management development, managing costs through operational execution, and optimizing cash flow [6] - A new $75 million share repurchase plan was announced, indicating a focus on returning capital to shareholders while maintaining a strong balance sheet [7][16] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the regulatory environment and its alignment with the needs of vulnerable populations [6] - The company expects to continue executing its growth strategy, with a focus on hiring and retaining management candidates as a key growth driver [19][20] Other Important Information - The company completed a $50 million share repurchase program ahead of schedule and plans to accelerate buybacks in 2026 [7][15] - The effective tax rate for Q4 was reported as a 9.4% benefit, with an expected rate of approximately 25% for 2026 [10] Q&A Session Summary Question: Revenue upside opportunity - Management highlighted that growth is largely execution-based, with a robust sales pipeline and strong demand for services [19] Question: Margin expectations for 2026 - Management noted that margins improved due to service execution and operational efficiencies, with a target to manage cost of services around 86% [21][23] Question: Campus services revenue split and growth potential - Campus services revenue is split evenly between two brands, with expectations for accelerated organic growth and strategic M&A to support expansion [27][28] Question: Cash flow from operations trajectory for 2026 - Management expects cash flow from operations to approximate net income, with consistent revenue growth and margin targets [29][30] Question: Balancing share buybacks with M&A opportunities - Management indicated that the strong liquidity position allows for pursuing share buybacks, organic growth, and M&A without compromising any priorities [31][32] Question: New business additions and growth drivers - Management anticipates continued organic growth driven by execution and a robust pipeline, with timing of new business adds being fluid [36][38] Question: Performance across different facility types - Consistent performance across all service segments is expected to continue into 2026, with strong operational execution being critical [42][43]

北京通州京环环境服务有限公司 6岗共招聘355人 有意者速报名 1 驾驶员（9人） 【岗位职责】 1、负责按照制定好的作业路线进行清扫收运工作。 2、负责对车辆进行擦洗，按规定停放整齐。 3、负责出车前的车辆及设备检查。 4、做好重大节日、领导调研、重大活动等的道路环境保障工作。 5、完成生产调度或班组长交给的临时任务。 【任职要求】 2 装卸工（5人） 【岗位职责】 1、驾驶证类型为A1、A2、B2。 2、身体健康，吃苦耐劳，遵守纪律。 3、能够熟练使用智能手机。 4、责任心强，具有较强服从意识和较高执行力。 【薪资福利】 5500元/月左右（税前），五险一金。 【工作地点】 通州区马驹桥镇、梨园镇、宋庄镇。 【任职要求】 1、身体健康，吃苦耐劳，遵守纪律。 1、负责各类垃圾桶清运的装卸工作，负责垃圾桶摆放归位工作。 2、负责配合驾驶员对路况复杂、地形复杂的路段完成车辆行驶和倒车工作。 3、负责转运车的车身及箱体的冲洗工作。 4、完成队长交给的临时任务。 【岗位职责】 【任职要求】 4 小区保洁员（9人） 【岗位职责】 1、负责责任区域内小区保洁工作。 2、能够熟练使用智能手机。 3、责任心强，具有较强服从 ...

Financial Data and Key Metrics Changes - For fiscal 2025, the company reported revenue of $18.5 billion, a 6% increase compared to the prior year, with organic revenue growth of 7% [16][20] - Adjusted operating income for the fourth quarter was $289 million, growing 6% on a constant currency basis, while full-year adjusted operating income was $981 million, up 12% [17][18] - The adjusted EPS for the fourth quarter was $0.57, a 6% increase, and for the full year, it was $1.82, reflecting almost a 20% increase [20][21] - The consolidated leverage ratio improved to 3.25 times, the lowest level in nearly 20 years, down from 3.4 times a year ago [21][22] Business Line Data and Key Metrics Changes - The U.S. segment reported organic revenue growth of 14% in the fourth quarter, driven by new business and base business growth [8][16] - The international segment also experienced consistent double-digit organic revenue growth of 14% in the fourth quarter, with strong contributions from various geographic regions [12][19] - The healthcare segment reported its best performance in over two years, with significant new business wins contributing to growth [9][11] Market Data and Key Metrics Changes - The company achieved an industry-leading client retention rate of 96.3%, contributing to a net new business growth of 5.6% [6][7] - The collegiate sports business experienced double-digit revenue growth, with per capita rates up 14% year over year [9][10] - The supply chain GPO network added over $1 billion in new purchasing spend for the second consecutive year, indicating strong market demand [7][13] Company Strategy and Development Direction - The company is focused on delivering exceptional hospitality services and is committed to creating significant value for shareholders [25][24] - There is a strong emphasis on leveraging technology and operational efficiencies to drive profitability and growth [14][19] - The company plans to maintain a growth agenda focused on culture, team capabilities, and process improvements [13][19] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to achieve net new business growth of 4-5% of prior year revenue, with retention levels exceeding 95% in fiscal 2026 and beyond [7][23] - The company anticipates organic revenue for fiscal 2026 to be between $19.45 billion and $19.85 billion, representing growth of 7%-9% [22][23] - Management acknowledged the impact of inflation, estimating it around 3% heading into the new fiscal year, while emphasizing effective management of the macro environment [14][21] Other Important Information - The company is expanding its enterprise-wide capabilities and has secured significant contracts, including a multi-year agreement with the University of Pennsylvania Health System [10][11] - The company is actively pursuing new opportunities in various sectors, including healthcare and corrections, indicating a robust pipeline for future growth [51][66] Q&A Session Summary Question: Can you delve into the shift in timing for new account openings? - Management indicated that the shift occurred across multiple businesses, including corrections and healthcare, and was client-driven rather than company-driven [30][31] Question: What is the implication of the Penn Medicine deal for future hospital groups? - Management believes there are significant new opportunities for self-op conversion in healthcare, with the Penn deal serving as a model for other institutions [51][52] Question: Can you discuss the organic revenue drivers for fiscal 2025 and 2026? - For fiscal 2025, base business growth was approximately 3.5%, with net new contributions around 1.5%, while for fiscal 2026, expected base business growth is 3-4% [56][57] Question: What are the factors behind the restructuring in the international business? - The restructuring is aimed at streamlining SG&A and optimizing operations, particularly in Europe and South America, despite the segment's healthy growth [75][76] Question: How does the company view retention rates moving forward? - Management aims to maintain a retention rate above 95%, with aspirations to achieve even higher levels, reflecting a commitment to continuous improvement [100][101]

Core Viewpoint - The company reported a revenue of 1.588 billion yuan for the first three quarters of 2025, reflecting a year-on-year increase of 8.95%, while the net profit attributable to shareholders was 157 million yuan, up 7.14% year-on-year. However, the third quarter results fell short of market expectations due to slower order recognition and declining profitability [1][2]. Financial Performance - For Q3 2025, the company achieved a revenue of 541 million yuan, representing a year-on-year growth of 10.57%. However, the net profit attributable to shareholders decreased by 9.43% to 40 million yuan, and the non-recurring net profit was down 3.67% to 35 million yuan [1]. - The gross margin for Q3 2025 was 38.68%, down 3.40 percentage points year-on-year and 4.31 percentage points quarter-on-quarter, primarily due to slight price declines in the industry and a higher proportion of low-margin orders in the recognized order structure [2]. - The net profit margin for Q3 2025 was 7.31%, down 1.62 percentage points year-on-year [2]. Cost Control and Future Outlook - The company maintained good cost control, with sales, management, R&D, and financial expense ratios at 7.23%, 10.55%, 8.07%, and 1.75%, respectively, showing improvements in sales and management expenses year-on-year [2]. - The company plans to focus on emerging industries such as commercial aerospace, aviation, integrated circuits, and intelligent robotics, aiming to enhance its technological capabilities and explore new business potentials [2]. Profit Forecast and Valuation - Due to a more significant-than-expected decline in profitability, the company has revised its net profit forecasts for 2025 and 2026 down by 9.7% and 10.5%, respectively, to 255 million yuan and 316 million yuan [3]. - The current stock price corresponds to a price-to-earnings ratio of 31.3 times for 2025 and 25.2 times for 2026. The company maintains an outperform rating, with a target price of 21.00 yuan, implying a potential upside of 34.0% from the current stock price [3].

Group 1 - The company, Beijing GaoNeng Times Environmental Technology Co., Ltd., has announced the acquisition of 100% equity in Shenzhen Xinzhuotai Investment Management Co., Ltd. for 169.56 million yuan, which holds a 20% stake in Shenzhen Yuhua Tian Environmental Development Group Co., Ltd. [1][2] - The company plans to reduce its stake in Yuhua Tian through its wholly-owned subsidiary, Tibet Yunneng Environmental Technology Co., Ltd., with a total of 22,913,173 shares to be sold, generating approximately 402.64 million yuan in proceeds and 87.16 million yuan in profit [1][2][5]. - The reduction of shares will occur in two phases: the first phase from November 15, 2024, to February 14, 2025, and the second phase from June 11, 2025, to September 10, 2025 [2][3]. Group 2 - The first phase of share reduction involves selling up to 11,957,760 shares, with a planned sale of 10,955,433 shares generating approximately 165.07 million yuan in proceeds and 41.58 million yuan in profit [2][3][6]. - The second phase will involve selling 11,957,740 shares, with expected proceeds of approximately 237.58 million yuan and a profit of 45.57 million yuan [2][3][6]. - The company emphasizes that these transactions do not constitute related party transactions or major asset restructuring and are aimed at optimizing the asset structure without affecting the company's independence [2][5].

Group 1 - The 2025 China International Service Trade Fair (CIFTIS) is promoting engineering consulting, construction services, and environmental services at the ongoing China-Africa Economic and Trade Expo in Changsha [1] - The theme for the 2025 CIFTIS is "Digital Intelligence Navigation, Service Trade Renewal," focusing on the digital and intelligent era [1] - Major industry leaders such as Beijing Construction Group and China Petroleum are confirmed to participate, showcasing smart living solutions and green development initiatives [1][2] Group 2 - Beijing Construction Group has a history of over 70 years and has been involved in significant projects like the Tiananmen Square architectural complex and Daxing Airport [2] - The company aims to transform from a "city builder" to a "lifestyle provider" at the 2025 CIFTIS, enhancing the "Beijing Intelligent Manufacturing" brand [2] - The event serves as a platform for enterprises to establish deep cooperation, promoting high-quality development in service trade [2]

Financial Data and Key Metrics Changes - Revenues totaled $548 million, down approximately 4% on an organic basis after adjusting for FX translation and business divestitures [20] - Adjusted EBITDA was $67 million, with year-over-year comparisons affected by negative FX and divestiture impacts of $7 million [21] - Adjusted diluted loss per share was $0.18, excluding the impact of special items [21] Business Line Data and Key Metrics Changes - Harsco Environmental segment revenues totaled $243 million, with adjusted EBITDA of $39 million, impacted by lower volumes due to site exits and closures [23] - Clean Earth achieved revenues of $235 million and adjusted EBITDA of $38 million, with EBITDA increasing by 12% supported by revenue growth of 4% [25] - Rail revenues totaled $70 million, with an adjusted EBITDA loss of $2 million, in line with expectations [26] Market Data and Key Metrics Changes - Steel production at customer locations declined less than 1% compared to the prior year, with production weakest in Asia, the Middle East, and Latin America [23] - The U.S. dollar strength has negatively impacted Harsco Environmental's revenues and EBITDA by approximately $100 million and $25 million over the past three years [13] - Recent dollar weakness is seen as a potential tailwind for Harsco Environmental, which generates roughly 80% of its revenues outside the U.S. [13] Company Strategy and Development Direction - The company is focused on expanding service capabilities and business growth, particularly in Clean Earth, which is expected to outpace other segments [10][11] - Harsco Environmental is managing through a difficult period in the global steel industry, with expectations for stable performance on a like-for-like basis [17] - The company anticipates earnings growth and completion of ETO contracts in Rail, aiming for annual free cash flow of $150 million in the future [17] Management's Comments on Operating Environment and Future Outlook - Management acknowledges significant macroeconomic uncertainty due to ongoing global trade issues but does not expect a material direct impact from tariffs [9][19] - The outlook for Clean Earth's earnings, margins, and free cash flow is positive, tracking ahead of financial targets established previously [11] - Management expects a stronger second half for Harsco Environmental, driven by new site ramp-ups and operational improvements [58] Other Important Information - Cash flow was ahead of expectations, supporting full-year cash flow guidance of $30 million to $50 million [7] - The company completed the rebuild of the Rail leadership team with new appointments [8] Q&A Session Summary Question: Thoughts on steel production and the economy going forward - Management expects a little bit of volume growth for Harsco Environmental, with efficiency and cost reduction programs mitigating impacts from site shutdowns [35] Question: Clean Earth's performance and volume assumptions - Management sees volume as a larger contributor to earnings growth this year, with no signs of economic slowdown yet [38][40] Question: Status of Rail ETO contract renegotiation - The amendment recognizes cost inflation and includes a new delivery schedule, reducing future penalty risks [46] Question: Sustainability of Clean Earth margin expansion - Management expects margins in Clean Earth to exceed previously projected levels, with ongoing efficiency initiatives contributing to margin growth [48][49] Question: Pressure in the steel industry and underlying market changes - Management notes that excess capacity in the steel industry remains a factor, but there are encouraging signs in the EU that may improve customer profitability [55]